vanathi

Newbie's Corner!

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vanathi Mod Diupdate   
NSE:BANKNIFTY   Nifty Bank Index
I can say the most asked question from newbie's and also from experienced traders is "Can you explain your trading strategy?" A trade spends more than 2 yrs(approximate) to find a trading strategy suitable for him. I use chart patterns, RSI indicator, fib levels to plan my trade. But only experience can teach when which method is applicable.
My interaction with traders has made me to realise that most traders have good trading strategy. The only thing they lack is trading discipline. And this discipline will develop over time only. Once you started to trade as per your trading plan with discipline, earning good money wont be a big deal. Learn with small postion size and once you are doing well with discipline increase it.
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