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     GETTING STARTED
 
 
   GETTING STARTED || STRATEGIES || INFRASTRUCTURE ||TRAINING || FOOG FOR THOUGHT || DISCIPLINE
   PIT FALLS TRADING || TRADING ROOM || GREATEST INVESTOR || STOCK MARKET HISTORY || CHECK LIST
Feeling of Excitement!

FOOD FOR THOUGHT

Remember how you felt the last time you placed an order? Jumping up or afraid of loosing? When you closed the trade, did you feel elated or humiliated? This feeling of thousands of traders merge into huge psychological tides that move the market up and down. Technical analysis is applied social psychology. that aims to recognize trends and changes in crowd behavior in order to make intelligent trading decisions.

We provide few of our thoughts on some commonly used words, actions and emotions in an attempts to reveal how they may play a role in investment and daily trading decisions. 
A Winner is more defined by mental make-up than by method or money.
We encourage you to reread these points as they are psychologically  designed  for all active traders and investors to get the awareness of some of the mental pitfalls that drives the market due to.
Thinking 
Professionals traders are doers with  courage to succeed. They no longer have to think about doing, it comes as  reflex action. Too much of thinking is no good, just  put it in action when ever methodological though generating process start and then experience the excitement building up inside.
Imagination. 
Dreaming while trading  could lead to a problem. Successful traders  remains with what is real, actual and factual. They Do not imagine, guess, or hope,. They respond to the facts, every pulse with no imagination .
Fear 
It is a greatest enemy to achievement
Greed 
Bulls and Bears make money, but pigs make none. Going for big profit does not work for trading. Successful trading is  largely a number game. Instead of  going for Rs. 100 gain at one stroke Traders make Rs. 10 in 10 different trades. This comes more quickly than the larger gain
Information. 
The less the information the better it is. More information builds up imagination which is no good. Importance of information does not lie in its message but exactly lies in how others will react to its message as a group.
Expectation 
Too many expectation that are high are sure to sign of an unseasoned traders. Professional traders have reasonable expectation that are achievable
Excessave Analysis
To much thinking and analysis increases stress and prevents action and increases uncertainty. Successful traders have simple technical procedure to  determine  Buy/ Sell or Hold or  ignore without overcomplicating matter. They are doers with simple analysis.
Hope
Hope promotes inaction precisely when action is required. Traders with hope are always at the mercy of those who sell hope. When trading avoid hope.
A WIN IS NOT ALWAYS A WIN AND A LOSS  IS NOT ALWAYS A LOSS
In reality every trade however sound and workable is not going to be winner. There will be times when technique will be flawless and the end result will still be a loss and at times you will win despite of faulty approach. If the professional traders knows that the entry, exit, waiting, the money management, execution timing are handled properly winning will eventually take care of itself. Instead of  one trade one should use outcome of 10 trades  to find the winner or a loser
SUCCESSFUL LONG TERM TRADING
Successful long term trading is not for the faint of heart, it requires lions heart. Each step along the Professional Journey of Day Trading introduces new challenges to your grit, stamina, flexibility, and character. Frustration are an everyday event, change is always around the corner, and your own psychology may be sabotaging all of your efforts. Surviving as a professional trader requires the courage, Patience to see these obstacles as merely the element of the game, so you can play your hands to win constantly again and again with minimum stress, loss.