Trading Tips From a Loser
Hi Folks , I am being doing stock market trading from last four years though not on regular basis.I started doing it frequently recently because of work from home facility .I have mostly made losses from my trades despite doing multiple training,understanding technical,charts etc.After not getting any success from stock market trading i decided to take a break from it and reflect on what went wrong.I had done analysis on my loss making trades and have come up with following mistakes i have been doing with my trades. Not everyday is a trading day.Trade only when you are getting positive vibes for your trading.A no trade is better than loss making trade. Choose only select few stocks to trade even if you are not getting opportunity to trade on these daily. Do not blindly follow any analyst. Trade with the trend.Do not try to go against trend.If you want to go against trend wait for proper trend reversal.Just do not go against trend in the hope of reversal. Do proper risk management....