Lack of attention to details can cause big problems. This is
applicable in every walk of life. A slightest mistake or loss of focus of a Surgeon can result in a tragic situation. A loose bolt or a misplaced pin may
cause a plain crash. In such professions each step of the entire process is
given complete and careful attention
As a Trader are you paying attention to the details? Successful
traders understand the importance of details. Entire trading environment is
simply an accumulation of small details. Lack of attention will lead to under
performance, wasted opportunities and inconsistencies.
Habit of paying attention to details does not come
naturally. We need to train ourselves. Careful observation is required to
absorb and digest everything. We must discard all the unwanted variables and
focus only on actionable stuff.
Concentration is the key to details. Do not multi task.
Forum postings and bloging can wait. Better to avoid chat rooms during market
hours.
Creating a check list will help a lot. Write down important
things. Do not rely on your memory, at least during initial period. Organize
and plan everything in advance.
Consistent attention to these small details produces trading
excellence. That is why we must all sweat the small stuff.
ATD (Attention to Details) is the key to ATD (Achieve the
Dream)
Nice to be here on your blog bro but mostly trade nifty and I trade gold so all the best!!!!!!!
ReplyDeletePravey
ReplyDeleteThanks
ST