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:
Kannan,
Do you think market reversed from here.. We all were hoping for lower prices to hit, but wants us to chase ..
Bala
Hi Bala,
Never chase. It's still a news driven market. there will be plenty of opportunites once the rally is confirmed.
Post a Comment