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Friday, June 15, 2012

Think Trading Process by Stockbee

Here is an article from Stockbee who I consider my mentor even though I have never met him.

'Think process
Profit is an outcome of following a trading process. If you want to be swing trader you need well defined process. You want to be position trader you need well defined process. You want to be a day trader you need well defined process. Define your trading process, tweak it till you are satisfied and then run it again and again and again. Process is a sequence of steps you need to do to achieve your trading goal. Once you establish a process it is just a matter of repeating it daily or weekly'.

Here is the link to the article http://stockbee.blogspot.com/2012/02/think-trading-process.html

2 comments:

Bala Krishnan said...

Kannan,

Do you think market reversed from here.. We all were hoping for lower prices to hit, but wants us to chase ..

Bala

Kannan Thirumalai said...

Hi Bala,

Never chase. It's still a news driven market. there will be plenty of opportunites once the rally is confirmed.