an old post
.....................
since Priyamvada........suggest this peculiar /very useful thread......a core pt r presented here.'how to lose money in stockmarket'......pl avoid them
.................................................. .........................................
1]Trade in options without understanding and context of present market condition
2]not use stoploss
3]Cut your profits short and let the losses run
4]Select a method and start trading it because you are in a hurry to trade, not because the method is sound
5]Don't use any method or plan at all! ... Just buy as much as you can or short as much as you can
6]Take a position and go to sleep!
7]Listen and trade according to CNBC calls........JUST REVERSE ,ITS GOOD EARNING METHOD.
8] Never use your own brain for trading ... Never try to learn anything but taking position and squaring it off! Search extensively secret underground sources for TIP ...
9]Trade against trend ..........BUT THIS IS ONE OF MY EARNING METHOD.
10]Engage in extra-curricular activities during market hours AND Forget your commitment of trading seriously/mindfully .
11]Always assume that you are always right..even when proved wrong..take it as temporary setback and start with fresh vigor resuming your assumption that you are and will be always right..
12]There is only one rule....that is....TRADE WITHOUT RULE.....you will reach your goal.
13] If the basic hypothesis upon which a trade is entered does not exist, then one has to remain in the trade, hoping the situation to get more worse!
14] Emotions aka false ego....
Emotions aka i know all i longed/shorted this script and its going to follow me,i longed/shorted this script coz i know all about markets,always remember markets are not supreme,its the false ego in me.
.................................................. ....
Avoiding the methods of losing money mentioned in this thread would be quite helpful to become a successful trader ......PRIYAMVADA
......Everyday have a predisposed notion about how the markets are going to open and carry on from there..and accordingly trade the first opening rates......THIS IS CONTROVERSIAL ,NOVICE LOSES BY IT,.....PRO EARNS AS THEY USE FLOW CONCEPT/ REVERSE IDEA/FADE IN A ZONE..........AS PER DEMAND OF SITUATION
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,,,,,
Originally Posted by priyanvada
“A Chess game is divided into three stages: the first, when you hope
you have the advantage, the second when you believe you have an
advantage, and the third... when you know you're going to lose!”
---Savielly Tartakower
.................in trade.......first u hope......thats why u r novice,2nd u learn to have an advantage.........third u know.......because of ur knowledge advantage u make money in market
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
u have not win over emotion yet..........thats the greatest enemy in trading.
......................................
“Openings teach you openings. Endgames teach you chess!”---Stephan Gerzadowicz
money management teaches u trading, exit teaches how to make money
truth is u have worked hard for entry,......10 times more u have work harder to learn exit.......and its implementation
.....................
since Priyamvada........suggest this peculiar /very useful thread......a core pt r presented here.'how to lose money in stockmarket'......pl avoid them
.................................................. .........................................
1]Trade in options without understanding and context of present market condition
2]not use stoploss
3]Cut your profits short and let the losses run
4]Select a method and start trading it because you are in a hurry to trade, not because the method is sound
5]Don't use any method or plan at all! ... Just buy as much as you can or short as much as you can
6]Take a position and go to sleep!
7]Listen and trade according to CNBC calls........JUST REVERSE ,ITS GOOD EARNING METHOD.
8] Never use your own brain for trading ... Never try to learn anything but taking position and squaring it off! Search extensively secret underground sources for TIP ...
9]Trade against trend ..........BUT THIS IS ONE OF MY EARNING METHOD.
10]Engage in extra-curricular activities during market hours AND Forget your commitment of trading seriously/mindfully .
11]Always assume that you are always right..even when proved wrong..take it as temporary setback and start with fresh vigor resuming your assumption that you are and will be always right..
12]There is only one rule....that is....TRADE WITHOUT RULE.....you will reach your goal.
13] If the basic hypothesis upon which a trade is entered does not exist, then one has to remain in the trade, hoping the situation to get more worse!
14] Emotions aka false ego....
Emotions aka i know all i longed/shorted this script and its going to follow me,i longed/shorted this script coz i know all about markets,always remember markets are not supreme,its the false ego in me.
.................................................. ....
Avoiding the methods of losing money mentioned in this thread would be quite helpful to become a successful trader ......PRIYAMVADA
......Everyday have a predisposed notion about how the markets are going to open and carry on from there..and accordingly trade the first opening rates......THIS IS CONTROVERSIAL ,NOVICE LOSES BY IT,.....PRO EARNS AS THEY USE FLOW CONCEPT/ REVERSE IDEA/FADE IN A ZONE..........AS PER DEMAND OF SITUATION
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,,,,,
Originally Posted by priyanvada
“A Chess game is divided into three stages: the first, when you hope
you have the advantage, the second when you believe you have an
advantage, and the third... when you know you're going to lose!”
---Savielly Tartakower
.................in trade.......first u hope......thats why u r novice,2nd u learn to have an advantage.........third u know.......because of ur knowledge advantage u make money in market
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
u have not win over emotion yet..........thats the greatest enemy in trading.
......................................
“Openings teach you openings. Endgames teach you chess!”---Stephan Gerzadowicz
money management teaches u trading, exit teaches how to make money
truth is u have worked hard for entry,......10 times more u have work harder to learn exit.......and its implementation