A Strong Trading Mind

[TRADERSM]

When You enter a trade, ensure that you have proper SL in place. If the trade goes against your entry and it hits your SL as per your plan; take it as your WIN and don't consider it as a Loss ! That small Loss could have saved you from a larger one, had you have not placed your SL there. It proves your early assessment of price movement to be right. And this was your real Win.

Similarly, if price moves in your favour after your entry, you should be able to make sure that you are taking good profit out of this movement. Don't exit too early out of fear. Set your Targets before you enter your trade and respect them. Reconsider them to move as per the price movement. If you book early profits, consider this small profit as your Loss ! You could have done better.

Hope I was able to help you.

Thankyou my friend i understand......

(Think of small losses as wins and small wins as losses) its a quote or ur thought ??

 

[amitrandive]

What will it cost you if you do not follow your dreams? By doing the soul-searching to answer this question, you will discover all of the wonderful things that you deserve in life that you will miss out on.

Get three pieces of paper. On one page, make a list of what it will cost you. On another page, make a list of the fears that are holding you back right now. On the last page, make a list of what actions you need to take to overcome each fear and the actions to take to create your dreams. Getting clarity provides the increased awareness necessary to do something about it. You Deserve!

Les Brown

 

[Snake.Head]

Your goal is not to be better than the other trader next to you. Your goal is to be better than the person you were yesterday.

 

[amitrandive]

 

[TRADERSM]

Be patient. Once a trade is put on, allow it time to develop and give it time to create the profits you expected.-Richard Rhodes

 

[amitrandive]

 

[amitrandive]

:clapping::thumb:

 

[amitrandive]

“Life is change. Growth is optional. Choose wisely.” ~Karen Kaiser Clark

Life is unpredictable and often harsh, but whatever life throws us, we can handle it, if we just try to be a little better each day than we were the day before.

You don’t have to be a miracle worker or a saint, just conscious of how you approach life on a daily basis. By taking things one day at a time, with tiny improvements, you can get through anything life throws at you.

 

[Snake.Head]

 

[amitrandive]