Adaptability is more important in trading.......because......you have to adopt strategy according to the trend.....sitting and watching a chart...will never ever solve the problem.....adopting the right strategy and right time is application of knowledge...it comes by experience not by any indicator...
You have to spend time on reading the chart everyday.....if you start practicing, then without any indicator, you can trade any script at any time.
Selection of scripts needs homework to understand a behavior of the move....
Also...money management is more important.......with adaptability and money management...we can do wonders in this market....
Moreover.....before fix any script....you should understand the previous moves of particular script to trade.....
Don't fix anything.......situation changes and you should adapt according to the situation...
Before, I select any script...i will spend almost 30 minutes to note all the points and i will fix the levels....(if you want to make money...you should do it)...
Onething is for sure....short or long...if you have guts(proper knowledge) and moneymanagement you can kill the trend....
Remember one thing.....Newtons Third Law....anything goes up has to come down...only time factor...
Patience/confidence and obeying your own rule...
You Can Win.....You Can Win....You Can Win....You Can Win...You Can Win...You Can Win...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.