Dear Friends,
Have you ever wondered where you are going wrong and where you are losing all your money?
Read the points below and don't make these mistakes again!! You will get clarity when you finish reading this post.. Read more!!
1. Do you think that you are going to catch the momentum as soon as the market starts, you think that you can take a scalping trade but it will reverse right there.. So give the market some time to settle.. !!
2. What is the problem with this, you have already paid a lot of premium and bought it.. At the same time, even a 5 mins candle reverse will cause you a heavy loss.. Take time to decide and execute the plan..!!
3. Without any plan, you enter in the wrong direction.. At least learn Candle sticks, support and resistance, Trendline.. Taking a blind trade is like driving on a dark road without lights. So have a setup and strategy for yourself.
4. Similarly, overtrading is done.. The mind is wandering.. You trade in the morning and make a profit of 3500 rupees.. But if the mind thinks that we will take our first profit and go for another trade, not only will the profit be lost but the capital will also decrease.. This will have a big impact on the mind.
5. It tries to catch every move.. The market will not fall and it will not go up like that.. Anyway, it will retrace a little.. Immediately that move will catch a loss..
6. When the market is falling, the PE side does not go and stops at one place, and immediately it goes to the CE side.. If you ask, he is doing bottom fishing ... He will take the market path and take it down.
7. Watching a monitor or phone all day and not buying at the right place and then buying after the price has gone down a bit.. This will help in risk management..
8. Entering a crt and getting scared.. This is also a kind of loss.. It is like going without any profit..
I did everything I said above..
I made all the mistakes and did a self-analysis and corrected them..
Similarly, you should also do a study to see what your weaknesses are and why you are losing..
You clearly know what you are doing..
So I can teach you trading. But how to trade, you have to teach your mind that..
Only then can you move to the next stage.. Otherwise, you will lose millions more..
Let the change come from you first..
Try it.. Share it with your friend.. It will help him too..