Day trading basics

Discussion in 'Trading' started by rajesheck, Dec 21, 2016.

  1. Psychology of entry and exit

    Entry and exit are two sides of the same coin. Trader need to wait for favorable condition to enter trade and exit when the conditions are unfavorable.

    Again favorable and unfavorable conditions are two sides of the same coin. If the trader has the clarity about what is favorable condition then it automatically implies that he has the clarity of what is unfavorable condition.

    When a trader thinks that he has a perfect entry rule and the exit is a dilemma, it means either he is not clear about his entry or he is not applying what he already knows.
     
    Last edited: Jan 21, 2017
    #111     Jan 21, 2017
  2. #112     Jan 22, 2017
  3. Last edited: Jan 25, 2017
    #114     Jan 25, 2017
  4. Overnight

    Overnight


    All you need to be successful, even in trading.

     
    #116     Jan 28, 2017
    rajesheck likes this.