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.
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15th Week Performance :- 7th Oct to 11th Oct 2013
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Sr.No.
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Company Name
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Reco.Date
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Recom. Price
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High Made After Our Call
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Date on Which It Made This High
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Absolute Profit in %
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1
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P C Jewellers
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06/10/2013
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94
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98.7
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8th Oct.
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5.00
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2
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IDEA
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06/10/2013
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173
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185.35
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11th Oct.
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7.14
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3
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CIPLA
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06/10/2013
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438
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443
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8th Oct.
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1.14
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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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