My bad luck
When market does not go as per our prediction something so bad happens with us. We are unable to control our mind and try to revenge since we got wrong.
Actually if we simply follow some of the things then only we can be profitable.
Things which comes in our mind when entry goes opposite?
- I am so unlucky and market always goes against me.
- Actually our mind once we take entry immediately market should go in our favor if not certainly we try to fight with market and in fighting we lose so much even wipe out our capital.
- if we will be taking market for 1 day we can never make money in the market, actually if trading is taken a probability only then we can win otherwise there is no other route to win.
- If entry goes wrong we wait to stop loss to hit then we think to an opposite entry and hoping so much that our loss should cover and even some profit we expect.
- We average god just 5 points I will exit the position at cost please god !! this kind of mentality persist for long and its kind of procrastination and coming our from this vicious cycle of god is also very difficult.
- We start to think that market never goes in my favour let me get bankrupt.
- Lack of patience and also start to think differently against our all strength and do something unusual and then we get unusual result of always being a loser.
- If just think that if there would have been any possibility of certainly of winning everyday market big player would makes crore per day, even per hour. Even companies instead of business do trading with most sophisticated tools and strategy but there is no such thing which can allow anyone to win regularly.
- We institutions cannot win daily how an individual with tiny mind can make money.
- Following the pattern proper stop loss and target is the only thing allow us to be sustain in the market otherwise no other strategy.