General Trading Chat

XRAY27

Well-Known Member
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seems all are linked ..
1) three container of cash 570Cr caught in tirupur - TN .
2) if you check the photos -- seems it just like that packed in cartoons .. even the money transfer to small atm seems more secure and professional ..
3) SBI claims its money after some delay ..
4) I first saw that news (its SBI money) in JAYA TV ( they are not much professional to get news so quickly .. general they cover their party news only .. how come this news appear first in JAYA TV ..)
5) The next day JAYA cancelled her final campaign too ( that is closing day for campaign )
6) it may be other politicians money .. but not surely SBI as they made to say
7) Raghu Ram rajan and RBI are silent
8) Swamy demanding now rajan sacking to modi ..( with a fear Raghu Ram might open his mouth on 570 ? )
really bad politicians it seems ..and we need a change
 

vivektrader

In persuit of financial independence.
Its much more important how one reacts to his failed trades than the winners. Most of the psychological impediments are the negative reactions to failed trades like:
Revenge trading
Over trading
Visualising non existent setups
Preemptive entry in a trade which is yet to trigger
Flouting RR and MM rules
 

XRAY27

Well-Known Member
Its much more important how one reacts to his failed trades than the winners. Most of the psychological impediments are the negative reactions to failed trades like:
Revenge trading
Over trading
Visualising non existent setups
Preemptive entry in a trade which is yet to trigger
Flouting RR and MM rules
Vivek bhai !!

My trading rules for intra is simple if two straight trades hit ISL without any move to TSL then stop trading for the day and max number of trades per day in case of profit trades is 3 .

Swing trades are max 6 and positional is just 1 or 2 per series so there is no stoppage rule to this segment .
 
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vivektrader

In persuit of financial independence.
Vivek bhai !!

My trading rules for intra is simple if two straight trades hit ISL without any move to TSL then stop trading for the day and max number of trades per day in case of profit trades is 3 .

Swing trades are max 6 and positional is just 1 or 2 per series so there is no stoppage rule to this segment for me..
Xray bhai, objectively controlling one's psychology by fixing no. of trades is great, still learning to implement it.
Most of the posts I write like the one above are reflections of my own psychology (and what I am going through), and funny part is most of us know what needs to be done to improve upon it, still most struggle.
 

XRAY27

Well-Known Member
Xray bhai, objectively controlling one's psychology by fixing no. of trades is great, still learning to implement it.
Most of the posts I write like the one above are reflections of my own psychology (and what I am going through), and funny part is most of us know what needs to be done to improve upon it, still most struggle.
One of the reason for this is people won't pay any attention to trade management and trade control as they never include that in there trading system,people are always on trade setup, SL and TSL ,end result is revenge trading..
 

LoneWolf

Well-Known Member
Xray bhai, objectively controlling one's psychology by fixing no. of trades is great, still learning to implement it.
Most of the posts I write like the one above are reflections of my own psychology (and what I am going through), and funny part is most of us know what needs to be done to improve upon it, still most struggle.
Count me in for being one of them..
 

LoneWolf

Well-Known Member
Its much more important how one reacts to his failed trades than the winners. Most of the psychological impediments are the negative reactions to failed trades like:
Revenge trading
Over trading
Visualising non existent setups
Preemptive entry in a trade which is yet to trigger
Flouting RR and MM rules
Not dealing with ovder/revenge trading.. But the bold one is my biggest problem, and in that process I often miss the train which I am supposed to catch..
 

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