Increased Heart beat and lost of breath

#41
Dear ST Sir,

I am fighting with the markets since last 10 years but still can't win. Tried many systems, many methods, read 10-11 books and tried to learn from many forums but all in vain. Winning sometimes seems impossible.
I believe that you are one of those few Winners who are consistently beating the markets. I therefore request you to kindly Mentor me for one year if time permits. I feel many others in the forum will like to join and will not mind paying a price for taking your time and effort. Those who are willing to join, please click thanks button.
Please let me know will I need to move to your place or can you mentor me online.
Anticipating a positive reply Sir.
Thanks champion for your faith in me. I am a Moderator in this forum and would not like to use this forum for any such activities as the forum rules are applicable equally to all including the moderators.

I would like to help people to be profitable traders....so let me see how this can be done. Nothing decided as of now.

Thanks for your faith in me again.

Smart_trade
 
#42
Dear ST da,

I am not sure if you will visit this thread but I am hving a small doubt please answer at you luxury

Do you account for round nos in your trading like 5800/5900

Thanks in advace

RK bro sorry to use your thread as a platform but I guess eevryone benifits from ST's wisdome and you will come to know about that soon.

They seem to proivde a bit of support/resistance to the market
 
#43
Dear ST da,

I am not sure if you will visit this thread but I am hving a small doubt please answer at you luxury

Do you account for round nos in your trading like 5800/5900

Thanks in advace

RK bro sorry to use your thread as a platform but I guess eevryone benifits from ST's wisdome and you will come to know about that soon.

They seem to proivde a bit of support/resistance to the market
Yes.Round figures like 5800/5900 serve as supports and resistances as many keep their stops/ fresh orders at these levels. So prices bounce from these levels atleast temporarily. If I have to cover my short positions at 5800, I will keep the order at 5800.25 as many times 5800 order will not get a fill and prices bounce from 5800.10. You will observe this happening very regularly in the markets.

Have a great trading day ahead.

Smart_trade
 

newuser_RK

Well-Known Member
#45
Started trading again from today

Though I felt a bit more comfortable, my heart didnt beat that hard, my mouth didnt went dry and my mind was a bit more relaxed then earlier; but there was a constant pressure a deep voice inside me prompted me to move SL higher and Targets lower which resulted in a loss of 15 points in 4 trades. Before taking the entry I am always thinking if this trade would give me a loss. At the end of the day I realized had I followed my rules I would have ended with a profit of +15 points.

Let see what happens tomorrow
 

Thor

New Member
#46
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 :eek::eek::eek:

I trade only with one lot of Nifty and I wont loose my daily bread if I loose my capital (1 Lakh)
I think you're taking it too serious. If you'll keep being nervous, it will evetntually harm your trading. Just try to relax and foreget that you're dealing with money.
 
#47
Forex forum is t important and too numerious to mention because through forum we can as well get our knowledge updated with some new ways to trade and exchange our idea with others forex expert.
 

sudoku1

Well-Known Member
#48
I think you're taking it too serious. If you'll keep being nervous, it will evetntually harm your trading. Just try to relax and foreget that you're dealing with money.
IF 2 persons r in a jungle n suddenly a lion approaches in front ,if 1 of dem advices d other 2 relax n frget dat dey r dealing wid a lion.. wat wil b d reaction of d other ?
scenario 2 > if both 2 people enter a jungle wid a proper knowledge abt d area n self defence mechanism like weapons , etc n wid proper awareness abt d dangers of d jungle...wat wil b deir reaction in dis case /
d point I wnt 2 highlight here is no amount of hollow advice can motivate a person 2 attain his goal unless he is willing n ready 2 face d challenges ..now again how 2 face d challenge ?
in d abv xample dey shud posses certain skills like courage 2 defend demselves, equip demselves wid proper knowledge abt d jungle , jungle rules , weather , etc.
unles 1 is nt ready wid his personal skills , knowledge n positive approach...nothing can motivate u anywhere , anytime !:)
 
#49
Started trading again from today

Though I felt a bit more comfortable, my heart didnt beat that hard, my mouth didnt went dry and my mind was a bit more relaxed then earlier; but there was a constant pressure a deep voice inside me prompted me to move SL higher and Targets lower which resulted in a loss of 15 points in 4 trades. Before taking the entry I am always thinking if this trade would give me a loss. At the end of the day I realized had I followed my rules I would have ended with a profit of +15 points.

Let see what happens tomorrow
Keep low expectations in your journey for a couple of years as you are really not prepared with proper insights of this business.
 

newuser_RK

Well-Known Member
#50
Dear ST da thanks for your replies on my thread.

I have been reading your thread/posts from past few days and indeed hey are quite informative and I have learned a lot.

I wish I could have a mentor like ....

I have a small query answer if time permits...

Say i am trading NF 5 min TF and NF is trading in a tigh range of 20 points and I wish to go long/short on break of upper/lower boundary. Take three scenarios.

1. A 5 min candel breaks the boundary but closes inside the boundary. Say I have taken a trade on the break of boundary, shall I close my trade and is this method of taking an entry fine?

2. Market breaks the boundary with a strong bar, now where shall I keep my SL ? immediate inside the boundary or look for any other pivot or WRB types area

Same two scenarios for pivot breaks too...