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ReviveTraders
Jan 18, 2021 3:41 PM

The Perfect Trade Trading Plan !! 🎯 Education

Nifty 50 IndexNSE

Description

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Points to be remembered !!!

ENTRY :-

* Wait for your signals
* Avoid FOMO
* Do not revenge trade
* Use correct size
* Do not chase price

EXITS :-

* Let winners run
* Cut losses quickly
* Do not add to a loss
* Accept losses and move on
* Use targets but stay flexible

OTHERS :-

* Take trades with a good RRR
* Think long term
* Establish clear rules for your system
* Process oriented > Results oriented
* Accept responsibility for your actions
* journal your trades
Comments
satyajit7111
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what is FOMO sir?
ReviveTraders
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@satyajit7111 fear of missing out...in here, traders generally fear about rally been missed after the breakout, they think what if stock won't retest and keep going bullish, they enter with fear and end up by hitting their stop-loss 😭
satyajit7111
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thanks sir
sankhyainvestments
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gud one
ReviveTraders
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@rachanak, thank you
Genuinescammer
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Thanks for the cheat sheet!!
ReviveTraders
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@Genuinescammer, my pleasure
Tradersasi23
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Action plan to be followed by all traders. . . :)

95% actually not . . . . ha ha !!!
ReviveTraders
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@Tradersasi23 yeah, that is why 95 % trader in india fail 👎
Aniketyourtechnicalanalyser
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great one. everyone must see this many people do correct analysis but fail because of not following this... keep sharing
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