Technical Analysis of Stock Market for Beginners

Remember one thing if you feel you are stuck in a wrong position you need to hit your out (stop loss) immediately.

For any new trade you make, always keep the stop loss at 5 % below your purchase price.

Sometimes you may be right sometimes you may be wrong. The most important thing is the execution and for execution confidence is the most important quality.”

A Good Trader

“This chapter is about what are the most important qualities that a trader should possess.

“If you made a bad trade, neglect it; if you made a good profession, neglect it quicker as well as go on relocating till the market is on.

which can affect the volatility in the market e.g. interest rate decisions, fed announcements, inflation, future and options expity and earnings etc.

not allow emotions like ‘fear and greed ‘ affect your trading decisions.

. Remember one thing if you feel you are stuck in a wrong position you need to hit your out (stop loss) immediately.

Always the next big thing is ‘Confidence’ to be successful.

the market is the outcome of beliefs of countless people around the globe.”