Hi friends,
Weekend post ,I would like to share my experience i gained during my last 8 years as a Trader and adviser.
To start off i was like any newbie who used to buy and sell on anybodies advise ,And enjoy the adrenaline rush when the trade used to be in favorable direction on the other side get sad on every loss trade .This happened for quite some time ,It had to stop someday ,Well i had to stop as my trading account was down to almost zero!!.
That day onwards ,I started to look for traders or advisers who used to give trade calls and it used to fascinate me few of them regularly hit the right traders ,So i got one thing straight this can be done.
I zeroed in on Elliott wave as a tool to build my trade setups ,Had countless battles on stockviews arguments etc on yahoo and google groups each battle saw me coming out with a new experience ,Slowly i started to get a hang of how waves were unfolding in market
.
I tried mastering few trading setups and kept looking for their reemergence ,Slowly got confident and started to make some money on my own trades .I lost money only when i deviated from my trade setup or some last minute changes in trading plan ,These mistakes i still do human mind after all but i always look to minimize these hiccups.
Would further discuss on this if you fellow traders would like to know more let me know your experiences as well it helps in building a trading mindset to run along with live market which is full of cacophonies..
Regards
Rish
Weekend post ,I would like to share my experience i gained during my last 8 years as a Trader and adviser.
To start off i was like any newbie who used to buy and sell on anybodies advise ,And enjoy the adrenaline rush when the trade used to be in favorable direction on the other side get sad on every loss trade .This happened for quite some time ,It had to stop someday ,Well i had to stop as my trading account was down to almost zero!!.
That day onwards ,I started to look for traders or advisers who used to give trade calls and it used to fascinate me few of them regularly hit the right traders ,So i got one thing straight this can be done.
I zeroed in on Elliott wave as a tool to build my trade setups ,Had countless battles on stockviews arguments etc on yahoo and google groups each battle saw me coming out with a new experience ,Slowly i started to get a hang of how waves were unfolding in market
.
I tried mastering few trading setups and kept looking for their reemergence ,Slowly got confident and started to make some money on my own trades .I lost money only when i deviated from my trade setup or some last minute changes in trading plan ,These mistakes i still do human mind after all but i always look to minimize these hiccups.
Would further discuss on this if you fellow traders would like to know more let me know your experiences as well it helps in building a trading mindset to run along with live market which is full of cacophonies..
Regards
Rish
