self talk....every aspiring trader MUST resolve to gather his her own lessons....only they are their best friends.....only they can liberate....
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self talk...technicals indicated uptrend start. back to back parties will always be there alternatively hosted by bears and bulls
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self talk....even if u can afford to take 100 nifty lots.....dont take more than 1. that too of 25size, not 50. all u need is 50000 in ur account to backup even a 1000 pt adverse move!!! master the method first and then increase the trade size...
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caution.....i am human....with all defects a human trader is prone too. i may be wrong. pl take my trades only as one of the indicators. trade only after ur own study. i m just sharing my trades. these are not recommendations.
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self talk....the best way to wipe incidental accidental losses is not the u-turn of market in ur favour but u-turn of ur trade in market's favour.
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self talk.....a 20-20 ends in 20 overs....test match is different
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allen u asked
" i read your self talk on buying just 1 lot even if you can afford 100. In this context. .I remember your self talk long back which I connected and believed immensely. You wrote that" getting a trade right has nothing to do with the number of points that a trade may give. So success ratio of getting a trade right is the same for a small medium or large ride. So why don't traders go for multiple lots...on short rides." I found much wisdom in this strategy. Your comments therefore on the 1 lot issue. Rgds.
= my reply : that's what I'm still saying. first get the method right. and once that becomes highly dependable never trade penny small....
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self talk....the beauty of positional trading is that u r totally free till the next reversal signal comes. and reversal signal generally takes 2to3hrs to develop....so u need to check chart for a few seconds or mins once every 2hours....
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self talk...whatever the chart time frame u decide....select it....and then weave the entire method around it....
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self talk....main purpose of the indicators and other tools is to segregate whipsaws from genuine turns....
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self talk....positional direction doesn't change more than 1 or 2 times in a month....rarely 3times....no need to panic
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caution....in the forum, both intraday as well as positional views are pouring in.....use separate minds for both
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a question which will precipitate any budding trader's mind....where will u be in trading in 5 yrs from now ??!! where do u see yourself to be? attempt an answer and work accordingly.
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self talk.....i can't sweep all swings cent percent.....my target is to be able to Sweep atleast 70pc of the swing....larger the trend run better the percentage....nd vice versa
---
self talk...technicals indicated uptrend start. back to back parties will always be there alternatively hosted by bears and bulls
---
self talk....even if u can afford to take 100 nifty lots.....dont take more than 1. that too of 25size, not 50. all u need is 50000 in ur account to backup even a 1000 pt adverse move!!! master the method first and then increase the trade size...
---
caution.....i am human....with all defects a human trader is prone too. i may be wrong. pl take my trades only as one of the indicators. trade only after ur own study. i m just sharing my trades. these are not recommendations.
---
self talk....the best way to wipe incidental accidental losses is not the u-turn of market in ur favour but u-turn of ur trade in market's favour.
---
self talk.....a 20-20 ends in 20 overs....test match is different
---
allen u asked
" i read your self talk on buying just 1 lot even if you can afford 100. In this context. .I remember your self talk long back which I connected and believed immensely. You wrote that" getting a trade right has nothing to do with the number of points that a trade may give. So success ratio of getting a trade right is the same for a small medium or large ride. So why don't traders go for multiple lots...on short rides." I found much wisdom in this strategy. Your comments therefore on the 1 lot issue. Rgds.
= my reply : that's what I'm still saying. first get the method right. and once that becomes highly dependable never trade penny small....
---
self talk....the beauty of positional trading is that u r totally free till the next reversal signal comes. and reversal signal generally takes 2to3hrs to develop....so u need to check chart for a few seconds or mins once every 2hours....
---
self talk...whatever the chart time frame u decide....select it....and then weave the entire method around it....
---
self talk....main purpose of the indicators and other tools is to segregate whipsaws from genuine turns....
---
self talk....positional direction doesn't change more than 1 or 2 times in a month....rarely 3times....no need to panic
---
caution....in the forum, both intraday as well as positional views are pouring in.....use separate minds for both
---
a question which will precipitate any budding trader's mind....where will u be in trading in 5 yrs from now ??!! where do u see yourself to be? attempt an answer and work accordingly.
---
self talk.....i can't sweep all swings cent percent.....my target is to be able to Sweep atleast 70pc of the swing....larger the trend run better the percentage....nd vice versa
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