I have started to day trade from yesterday, but I was uneasy during the entire process. i kept looking the price and was nervous. I had properly tested my sytem earlier and its has proper entries, exits ans Sl. Even yesterday was a good day, but I am worried about being nervous, my heart beat increased, I felt breathlessness and there was some mental strain.what to do? shall i stop day trading or its a maatter of first few days of trading and then I will become used to the pressure
I trade only with one lot of Nifty and I wont loose my daily bread if I loose my capital (1 Lakh)
I don't know why no one said this
There's a conflict in your statements and that conflict is the root cause of your problem
You only trade 1 lot, you have tested the system, it means your system should be profitable.
You also said you don't lose your bread if this 1 lac is lost
You don't actually believe all of this in your heart, you are just saying this, because you have read all of this as a requirement to be a trader. But you haven't accepted all of this deep down in your heart, you will not lose your bread but you will hate if 1 lac goes. But in 1 lot of trading................ You will have to be really amazingly bad bad trader to lose this money. You can be in loss but 1 lac in highly unlikely to be lost.
I suggest you to keep trading as a day trader............ With clear understanding that you are doing it for experience only, ultimately you will have to move to higher time frame but more day trading will give you experience, you will have to learn with your mistakes........ Markets are a fractal, same patters repeat on all time frames, you will get experience as a day trader there's no doubt about that
The inner conflict thing can be erased by you and you alone................. Your beliefs are not profound........ You say something but don't believe in what you say. Accept all of this as an actual belief.
You shouldn't keep changing the systems, you are more prone to keep changing the system as I understand, because you have inner conflicts, check your system thoroughly, check as many as you like but choose only one, don't be disheartened if it doesn't work everyday, because there will be days it will rock better than others, so don't worry