Experience 8
Understand the character of the Market, otherwise Winning is impossible
Before coming to the market, understanding the character of the market is very must. because market always has a special character
Up and Down is the main character. Continuous buying pressure and selling pressure exists for every small up and down.
So anyone cannot control the market. This is what we should understand first.
Then how to make money? Control yourself is the answer.
To control ourself, We need Money Management, Risk Management, Strategy Management, Time Management. If we are ready to manage these things, automatically we will become a disciplined trader
In Market, No need to believe Luck, No Need to believe God.
Money Makes Money.
For newbies, if the price goes opposite to their trade for little movement, immediately they think that trend is changed and wants to reverse the trade. This is totally wrong habit. No need to be nervous at every price movement. Peacefulness in trading is very important to make money. because this is not gambling. this is our main business. this is our profession. mind it. and know how to do this business peacefully.
How to Get the Trend Reversal Point? This is the next lesson
Regards
Vinoth
Tamil Trader
Understand the character of the Market, otherwise Winning is impossible
Before coming to the market, understanding the character of the market is very must. because market always has a special character
Up and Down is the main character. Continuous buying pressure and selling pressure exists for every small up and down.
So anyone cannot control the market. This is what we should understand first.
Then how to make money? Control yourself is the answer.
To control ourself, We need Money Management, Risk Management, Strategy Management, Time Management. If we are ready to manage these things, automatically we will become a disciplined trader
In Market, No need to believe Luck, No Need to believe God.
Money Makes Money.
For newbies, if the price goes opposite to their trade for little movement, immediately they think that trend is changed and wants to reverse the trade. This is totally wrong habit. No need to be nervous at every price movement. Peacefulness in trading is very important to make money. because this is not gambling. this is our main business. this is our profession. mind it. and know how to do this business peacefully.
How to Get the Trend Reversal Point? This is the next lesson
Regards
Vinoth
Tamil Trader