There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Saturday, June 22, 2013

Mission Statement


My mission as a consistently profitable trader is to wait patiently till the price hit a Decision Point, to execute the trade without hesitation on price action confirmation being well aware of the trouble areas, to cut the losses short and allow my winners to run, to focus on the process rather than on money, and to accept the end result without emotions.

4 comments:

  1. Keep going ST. Mission statement is the absolute way of approach to trading. Would like to add, that at the end of the day, whether we make profit or loss, what lesson we learned to be more expert.

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  2. Capt.Premlal
    I salute you. Sir
    In fact it was there in the first version.I tried something like
    1.To learn something new from every session
    2.To make every session a learning experience
    3.to make the session a step towards trading mastery. etc
    but it was not going well with the rest. Will try to incorporate it later

    ST

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