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How to Overcome Trade Reluctance or to pull a Trigger?

Posted By On 3/25/2009 01:32:00 AM Under

1. As a day trader when one must have wanted the time clock to go back so that one can enter a particular trade as it acted as per your analysis; but its aptly said that time and mony do not wait for any body. Thus to overcome this problem of dilemma one has to enter at the correct time in a stock to make regular money. One has to identify the problem from below given parameters and overcome the same so that one is able to overcome the trade reluctanc and is thus able to pull the trigger at the right time.

2. Do not become an alarmist who has a habitual habit of worrying.

3. Do not become an open source of information that it becomes difficult for one to take a decision.

4. One may be avoiding or bypassing trade opportunities when other traders are present and thus one can execute the trade from the personal comforts of a home or an office by using online trading software's like PowerIndiabulls etc.

5. Avoid finding fault in the traders who make money and instead learn from them as stock trading is an art cum science.

6. Overcome the key board phobia as one may enter buy instead of a sell for a stock and viceversa.

7. Enhance your self esteem and trade to success.

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