subject: PICTURE OF BEAR FEAR INTRADAY STOCK TRADERS [print this page] According to the Astrologers, Intraday Trading Strategy should be unlike that one have to be so exposive to any particular trade that if unobvious or something bad happened it would wipe him out of the share market and will generate the fear that It will someday carry him to a giant loss on a bad trade and on the contraray it will be worse if he takes any medicine.
On the contrary when it comews to losing streak is the big bad ugly monster I don't want to fall victim to. I have known a number of commodity tips availing traders who allowed losing streaks to continue, and it's scary. A losing streaker always leaves a trader not knowing which way is up. During a losing streak, you don't know what to trade, when to trade, or which way to trade. Even You don't know which indicators are meaningful and which are apparently useless.
It will lead you to some alteration on your approach on a daily basis and will mentally prolonge you for never giving any strategy a fair evaluation. You may even start trading opposite of what you think, just to put an end to it. In short, you become clueless, and are never the same.
Every Intrday trader needs a sum of huge capital to trade within.Eventually Hard cash to spend in an account is one type of capital, but psychological hard cash capital is certainly another equal requirement which got into. A Intraday trader must have the courage to act on his convictions and put that cash into play all the tile but thr bad memory recalls him the Losing streaks which cost him ample amount of money, no doubt, but more importantly they cost a trader confidence. Even Money can be borrowed, but without confidence, a trader simply becomes a cash holder who with no ability assures to seize opportunity.
So the bottom line is somehow try to p rotect your confidence with the apparel appeal all the time with as much vigilance as you protect your trading account.When you start losing money, take every measure to stop it.Also Cut down your trading size, trade less often, and wait for more clarity. Put on the brakes to stop a losing streak, and you'll avoid the nasty long-term damage it can cause to your Fluctutaing trading career Stats,
HAPPY TRADING !!
PICTURE OF BEAR FEAR INTRADAY STOCK TRADERS
By: shanu
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