Friday, October 31, 2014

some trading finer points

dear balu,

I am smiling big time couched in quilt in my bed in front of tv in shimla this bright and sunny morning made to glow even more with such warm words.....said and implied.

.....thank you......

I wish you guys don't lose because of me.

I am learning and markets keep throwing me down quite often.only, I have learnt to survive by,

1.improving my trading system non stop,

2.keeping enough buffer funds to ensure holding capacity,

3. having enough funds to buy or short more when I am losing but system is hinting pro me status,

4.keeping emotions to minimum and practicing emotional 6 packs......a few more which I will recall later perhaps......trade very cautiously.....

5.trading very less (at least trying to).....neither under trading nor over trading.....as you might have noticed, you don't need to generally change direction more than 1 to 2 times in entire series.....one you get the direction right all you have to do is keep skimming

......lack of holding capacity, lack of self confidence due to lack of faith in trading system, lack of courage and money to commit more capital during deep adverse situations, lack of emotional stability are some of the prime reasons for not making it despite being in the journey for years.....what you see as "only profit"result card is actually the result of facing and overcoming hell like situations to filter them out, survive them and  coming out of even them with something in bruised hands

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