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Why we should stick with our plan and not on other mind thinking

Why we all are loosing in stock market ?

Why we should stick with our plan and not on other mind thinking?

Its not market who revenge with us but it we and our inner thinking which always force us to think negatively when we are in profit and positive when we are in loose. Lets understand by an example:

Suppose we take an entry and then we are in little profit then even with a small fluctuation we start to think what if this small profit goes down or what if I loose this profit then we try to make opposite prediction than our entry and we reverse the position and after a small retrenchment market comes in our previous entry side and we again see loss but now we get adamant that market will go as per our second thinking and this thinking goes and goes and then we get trapped and take all position and against our plan and finally we surrender our capital to market.

What if we surrender our capital to market its very obvious that market people will wipe out all capital.

This is what has been happening with us for years with us.

Now question then what to do ?

Simple follow the plan nothing else and have the courage to take loss and also that loss which has been converted from profit never panic and be strong and if cannot follow then please leave the market and do other job or business.

 

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