Few points to remember as a Trader
#safebull , Blogs , Inspiration
“9 out of 10 FNOs lose money, and still people go to seminars in every city and join them by paying a hefty fee”….[..]
:: All about trading
- Don’t correlate your next trade with the previous trade.
- Don’t expect profit after a losing trade – Loss Recovery mindset.
- Don’t expect loss after few profitable trades – Fear of losing.
- Don’t predict – Better react according to your trading system
- Cash trading = Test match, It provides a lot of time and overs to play and manage.
- Futures trading = One day match, Provides little less time and overs.
- Option trading = T20, Negligible time and negligible overs. Does not even give you time to properly think analyze your risks.
- 9 out of 10 FNOs lose money, and still people go to seminars in every city and join them by paying a hefty fee
- Naked option selling! – Better Avoid, That can make you naked in a day. Only few can manage naked options.
- Remember no one can save you, other than you.
- Naked option trading can ruin your confidence and capital anytime.
- And mostly newcomers are doing option trading and old and experienced traders are shifting towards cash trading 😀
Remember this