4 things that can help u protect yourself from crippling effects of "heavy loss-phobia"
a. sound trading system which goes right around 7 times out of 10 and has well defined point (call it stoploss or SAR) where it auto signals reversal.
b. psychological strength to stick to the method.
c. enough buffer funds to keep you going in case of those 3 odd failures or unforeseen situations including circuits.
d. continuously improving the trading system.
e. not trading your own trades. asking someone to trigger those on your behalf so that you are psychologically free to focus on trade signals without bias. not counting lost pennies everytime of those 3 out of 10 trades.
1 comment:
Stock market is known for its volatile nature and real nifty trading experts are those who can still earn from it.
Intraday Nifty Levels
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