Intraday Trading is Very Very addictive.
I can Give in written that anyone who trade’s everyday will struggle to be in Profit at end of the Week.
Now, Let me first Answer this why Huge Loss?
- What if I start doing heart surgery from Tomorrow what you guys say? Without studing MBBS for 5 years and 2 years MD as an cardiologist.
- Do you think a Computer Science Master degree holder can do surgery without studing anything about humans anatomy?
- Yes, I can do. if can trade without any knowledge in Stock market then why not surgery.
- This is the catch here guys, Majority of people don’t even complete the basics and start trading. When they Lost all capital then they start basics learning.
First learn then Earn guys. Trading also require Study and preparation.
Coming to main Question.
- Out of 5 trading sessions in week I never trade everyday although I follow market.
- I have fixed target when I achieve that I am done.
- Just like this if you are continuously losing Fix some X amount that If I’ll achieve this much profit I am done for the day.
- If you will greed after achieving targets their are higher chances you will lose profit also.
- Same fix some Y amount for Loss if you cross that amount Stop their and don’t Trade.
- If you will trade for covering loss. You will lose even more.
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