- You don’t choose the stock market; it chooses you. A little bit of early trading success can have a profound effect on a person’s soul. If it does choose you, you’ll have to accept that your life and investing will become forever connected.
- Your methodology must provide an unshakeable foundation that you believe in totally, and you must have the conviction to trade based upon it. If your belief is tentative or if you don’t have complete faith in your methodology, then a few bad trades will destabilize and erode your confidence.
- A calm mindset that can focus on the execution and not on the outcome is what produces profits. It takes total emotional control. You must maintain your balance, rhythm and patience. You need all three to stay in the game.
- The markets are always conniving with ingenious techniques to get you to lose your patience, to get you frustrated or mad, to bait you to do the wrong thing when you know you shouldn’t. A champion doesn’t allow the markets to get under his skin and take him out of his game.
- Like a great painting, all good trades start with a blank canvas. Winning traders first paint the trade in their mind’s eye so that their emotional selves can reproduce it accurately with clarity and consistency, void of emotions as they play it out in the markets.
- The “here and now” is all that matters. You can’t think about the last trade or the last shot or worry about the future. You need to put on your “amnesia hat” in order to remain completely unfazed by what came before. Only by doing so can you be totally absorbed in executing your present trade.
- Being prepared and having put in the work results in the bringing together of your intuition and confidence. The two go hand in hand. Extraordinary results can be expected when you are able to see it, feel it and trust it.
I agree with Mr satinder. I can only only watch those trades. Hope I will get ur course ASAP.
Brahmesh sir doing great work.
These points are well known but point is people need exact methodology. For that we look up to people like you.
For example I would like to know how to put trades for your day trading tips:
– Most of the time price has already moved, what should I do?
– Hit a stop loss onces, should I trade again?
– Reached targetted price, how much percentage of holding should square off.
These sort of things. I am sorry if you have already covered this in any of your earlier articles Or this is not part of free distribution.
I am following your daily tips and would like to strict to some fixed trading strategy.
Thanx & Regards,
These topics are covered in my trading course.