Experience a trading ka bahut important part

Re: Experience a trading ka bahut important part

Place profit and failure targets in the ideal world, but trade in the real
world. It’s easy to ruin a great position by asking too much of it, so feel
free to abandon your targets if market conditions change. For example, it
makes no sense to risk a profit trying to squeeze the last few pennies out
of a good trade. Also keep in mind that the market goes into trend mode
a few days each month

Re: Experience a trading ka bahut important part

In most cases, the failure to pull the trigger arises from the fear of
losing money. Unfortunately, we get stuck in the mindset that losing is
bad, no matter how many times we’re told it’s just part of the trading
game. So one of the first things that a gun-shy trader needs to do is to “get
in there” and lose money, enjoying it while it happens. I know, it sounds
crazy to enjoy losing money. My point is that traders need to raise their
pain tolerance when it comes to taking losses. A great way to accomplish
this task is to open a fresh account with a cheap broker and start trading
50 shares at a time.