1. In case one is a day trader than he/she should be ready for a hectic day and for that one has to undertake a few preparations before the start of the day and same are listed in succeding paras.
2. Be present at the trading terminal atleast 30 minutes prior to trading. Do undertake morning prayers and recite Mantras & Shalokas as listed to energize the environment.
3. Have a good night sleep as a sound mind can undertake better decisions.
4. Do not undertake day trading if you have fight in the morning either with your wife or a colleague as most probably one will lose due to irrationality in trading decisions.
5. If following any analysts recommendations than follow it like a machine.
6. Do use stop loss.
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2. Be present at the trading terminal atleast 30 minutes prior to trading. Do undertake morning prayers and recite Mantras & Shalokas as listed to energize the environment.
3. Have a good night sleep as a sound mind can undertake better decisions.
4. Do not undertake day trading if you have fight in the morning either with your wife or a colleague as most probably one will lose due to irrationality in trading decisions.
5. If following any analysts recommendations than follow it like a machine.
6. Do use stop loss.
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