How Discipline Makes a Successful Day Trader? | Blog Brings Profit For You
  • Recover Lost Money Plan

    A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Recover Lost Money in Market

  • Our Most Successful Intraday Tip

    Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment.
    Click on Jackpot Sure Shot Tip to know more...

Subscribe to this blog

Subscribe to full feed RSS
What is Daily Market State???
Enter your Email

Preview | Powered by FeedBlitz

How Discipline Makes a Successful Day Trader?

Posted By On 4/16/2009 12:23:00 PM Under ,

Discipline holds the key to becoming a successful day trader and a failure day trader and one has to choose the better among the two. Developing discipline is not as difficult and one can develop the same with practice. Read below to learn art of trading with help of discipline.

1. Discipline in day trading means that one should be trading as per a trading plan or system.

2. Discipline further means that one should be able to avoid trading on the basis of hunches or emotions.

3. One should book profit as per the pre-determined plan and should avoid taking the impromptu decisions.

4. Discipline encourages one to book a loss when the need arises and same be executed ruthlessly as per the prevalent trading plan.

5. Avoid over trading and the times when market tells you to relax and not to trade.

Click Here to Subscribe for Free Email Tips

Most Read Content