How to Become 10 In Trading? Our Last Week’s Performance

Sunday, October 13, 2013

How to Become 10 In Trading? Our Last Week’s Performance

Greetings from Hitesh ! Wish you all a happy Dassera. Today is the 10th Day of Navratri. So, I thought let me shares 10 most important traits of rich traders with you. If you follow them, you will surely be a happy trader for your life. So, why to wait….here it goes.

v Develop the ability to admit when you are wrong and get out of a trade. You must know the place where price proves you wrong.

v Develop the ability to not only close a losing trade but reverse and go in the other direction when it is called for.

v In trading you are not trying to prove anything about yourself. Just get focused on making money.

v Do not fall in love with an idea, currency, commodity, or stock Make trades based on price action.

v You must know that the market action is your ultimate boss regardless of your opinions.

v No matter how sure you are about a trade you still ALWAYS manage the risk.

v You must get more aggressive when winning and trade smaller or take a break during a losing streak.

v A great trader is one that can admit to anyone that he was wrong.

v You must not create your own hype. You should know, you can not really predict the future. You can only react to current reality and the probabilities.

v Just love what You Do, win or lose. When you are trading like that, it is hard to be beaten. Time is your friend.

Performance Of 15th Week….Mint Money Every Week.

15th Week Performance :- 7th Oct to 11th Oct 2013









Sr.No.
Company Name
Reco.Date
Recom.  Price
High Made After Our Call
Date on Which It Made This High
Absolute Profit in %
1
P C Jewellers
06/10/2013
94
98.7
8th Oct.
5.00
2
IDEA
06/10/2013
173
185.35
11th Oct.
7.14
3
CIPLA
06/10/2013
438
443
8th Oct.
1.14








What Next?

If you like making money…..you need to follow the above rules with rigidity and be flexible in your expectations about the results.

If you need personalized guidance, real time support in dealing with your trading traumas, you can write us. I thank you for being my regular reader.

Wish you a Thoughtful Sunday.



Hitesh Parikh.

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