Saturday, 19 December 2015

Why Trading is Tough Business? Let me walk-through

Trading is all about having right mindset. So what is right Mindset, 

  • having expectations about price movement?
  • Fixing targets that you have to make so much from market on daily basis?
  • Taking Revenge trades after a loosing trade?
  • Not booking profits expecting price to go further?
  • Taking decisions by just looking at a certain pattern formation? Not analyzing if pattern is valid or not??
  • Decisions making based on Technical Indicators???

 If you think all above leads to right Mindset, than probably it's time to change the way of trading.

" it’s essential to trade what you see, not what you think.  " This is what leads to have right mindset in trading.

Look at the chart , have pointed out the places where we can Analyze and take decisions.

Friday's Crude chart - 70 point Low risk win trades.


Win and loosing trades are a part of trading, but limit your losses by looking at Price behavior at the moment.