EXCERPTS FROM ASHU DUTT'S 22 DAY TRADING SECRETS - http://www.ashudutt.com/books.aspx
“A trend is a trend
But the question is, will it bend?
Will it alter its course
Through some unforeseen force
And come to a premature end….?
ARE YOU REALLY A GOOD TRADER OR DID YOU GET LUCKY
A bad market separates top notch traders from those who get plain lucky. A good trader makes more than others when the markets are good (i.e. he lets his profits run) and minimizes losses as markets fall (he focuses on protecting what is left not getting back what is lost). A good market also builds a false sense of self belief in our trading abilities. That can very quickly be checked when we get angry, lose our emotional balance and run reckless trades to make up for losses. A good trader stands out by staying calm, not trying to make up for losses, reducing positions and hunkering down for better times
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment