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How to visualise to become a Successful Day Trader?

Posted By On 3/15/2009 02:07:00 PM Under

1. One enters in day trading business to make quick money and in his or her quest loses the hard earned money.

2. However for that one has to train the mind and body to achieve success in the field of day trading. However this technique can be applied to any business to achieve success.

3. One has to fix a time of the day and enter peacefully in the mind and recall all those trades which ahd given the profit in day trading. He should be able to recall the minutest detail that the order was placed online or on telephone and could see the fingers using the keypad or dialing the tele number of the broker. Than one is changing the stop loss to break even point and further upside change as the stock moves favourably and one is also seeing the amendments on the paper being made by them on piece of paper. Finally the stock gives the profit as the same has hit the profit stop loss as defined in profit stop loss technique.

4. Recall every minute and see how you were holding the pen and how you were feeling the positive emotions and lastly the joy for getting the profit. This habit will finally be enshrined in an individual and it takes a religious 21 days to change a habit.

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