While You are trading or planing to take a trade, It YOU from making a trade plan till trade execution irrespective of profit and loss.Many traders gives excuses like Market is bad so we lost money , Do remember market is always right its YOU where faults lies into.
Surprised, you really shouldn’t be as you are the one writing your own trading story, so the big question is;
- Do you really want to be a trader?
- Do you have ability to become a trader, means thinking I want to be trader will nt work out, Do you have a concrete plan ?
- How much do you believe in your ability to get there?
My mentor once told me the below lines which are etched in my Mind as if he told me 5 minutes before.
“Trading is the most tough-fest business,you will need to be tough to survive and become a successful trader. It is not enough just wanting to be a trader you have to believe that you can truly be a professional trader and you will need to work on that belief every single day. If you give anything less than your very best effort you may as well give up now and do 9-5 Job”
Remember, you are competing against other traders just like YOU! The successful traders are better prepared, smarter, more disciplined, have better technology and are relentless in being the best they can be. Do you want to join this group?
What will separate YOU from them is your commitment, discipline, professionalism, self belief and the fact that you are building a winning team!
So Stop giving excuses to yourself and get to work.
Hi Bramesh
Yes i want To Join the Group
Sir I’m holding UBL 840cal @22 now it’s 5/- due to no volume of March expiry
And reliance infra 550 cal @7 now it’s 2/- Wat shud I do hold or exit ??
U are already losing 80% of your capital, Its likes more of gambling than trading.
Please do not trade in options till you understand in and out of it, Goal of trader is to protect capital.
@Divyesh , when you find yourself in losing position , Try to sell the call /put one notch higher UBL 850 call and rel infra 560 call sell karo , Yeah rt now its late but still you can make small recovery.
@Brahmesh
As usual super article:”Yes getting back to work”
Yeah sir once I arrange a decent capital I’ll contact and LL trade acc to ur advice