Trading Mind

The Losing Mind of A Continuous Losing Trader
Prominent Features Are As Follows:
-Trading With NEWS.
-Trading With Others Opinion Instead Of Market Analysis Tools.
-Trading With Personal Opinion Instead Of Market Analysis Tools.
-Does Not Follow Rule Based Trading Approach.
-Trade With Hope And Emotions.
-Trading Without Patience And Discipline.
-Gets Out Of Winners Too Early.
-Hold On Losses For Long.
-Use Large Stop Loss As Compare To Profit Target.
-Does Not Place Stop Loss At All.
-Use Poor Money Management Rules.
-Wants To Trade And Earn Money Daily.
-Trading With Greed And Fear.
-Always Afraid To Enter Positions.
-Gets Too Aggressive With Lot Size.
-Keeps Changing Trading Strategy.
-Does Not Have Consistent Profitable Method.
-Does Not Think Why Losing Money; After Losing A Trade.
-Too High Expectations From Trading.
-Get Burned By Not Being Able To Admit Defeat.

The Winning Mind Of A Continuous Winning Trader
Prominent Features Are As Follows:
- Trading With Pure Technical Analysis.
- Trading With Market Analysis Tools.
- Always Follow Rule Based Trading Approach.
- Always Trade With Patience And Discipline.
- Always Use Protective Trailing Stop.
- Quickly Close Bad Losing Trades.
- Always Use Less Stop Loss As Compared To Profit Target.
- First Place Stop Loss And Then Place Profit Target.
- Use Tested Money Management Rules.
- Only Trade When There Is A Valid Signal.
- Follows What Charts Tell And Enter Trade Without Fear.
- Does Not Get Aggressive With Lot Size.
- Keeps Using Consistent Profitable Trading Strategy.
- Always Carry 1 To 3 Consistent Profitable Methods In Their Arsenal.
- After Losing A Trade, Start Thinking And Finding The Reasons Behind Failure.
- Keeps Reasonable Expectations From Trading.
- Admits Defeat After Losing Trade And Wait For Next Trade.