strateji
with due regards to AVD,
Napoleon Bonaparte,the emporer of France told "NOTHING IS IMPOSSIBLE"
whatever he said,he really wanted to convey the strong message to lazy people
so why people are trying to become "traders",overnight
can anybody become a doctor overnight....?
to become a "trader",it takes years of patience,hard work,discipline and commitment
so be committed,and never jump into conclusions so fast
"never ever insult seniors"
do you ever abuse your seniors in college ?
AVD has given all of us a good technique to trade with
if somebody starts trading immediately in "nifty futures",which is the toughest trade in the Indian stock markets,so whom can we blame?
be patient,learn to sit infront of the terminal,be committed,be dedicated
everybody blames the luck,if they make a loss....no, Day trading is not gambling
this is not lottery where you enter a trade and wait for the luck to act
an architect will have a fixed plan to construt a building
a doctor will have a fixed plan to conduct a surgery
a "trader",will also have a plan to trade .....the only difference is a trader can not have a "fixed" plan
he may have to change his strategies watching the market movement every second
so sometimes news flow create havoc, but a trader should know the optimum use of the news flow to cut losses immediately and make profit with the same news flow
i have seen short trades becoming long trades in the same stock after booking initial losses
so in my view the strategy projected by AVD in this thread is great...no doubt
but we all should patiently wait for the right oppertunity which ultimately will come or has to come.....be confident
so please,please "never ever insult seniors",as they with their experience can give us good ideas....thanks
"hope drives the world"......keep stoploss immediately after trade execution
