Success tip of the day

 Is it possible to win at trading the markets? Yes. Do most of the people lose money? Yes. Then how can I profit? You must follow a strictly worked out route and you will undoubtedly reap great profits. What is expected of you is to create a definite strategy, stick to it and sit tight.

Free. Worry-free, stress-free, emotion-free. The market is there to trick you. And it will do that more often than you like. You have to do the impossible. To free yourself of emotions, of expectations and feelings. You have to be willing to take hits, to be proven wrong and to be okay with that. 

The difference between bad traders, good traders and the best traders is this – bad traders refuse to acknowledge they have made a mistake and watch their money get swiped away. Good traders close out their trade when it goes against their direction. The best traders close out the trade that is against them and open a new one. Instantaneously. You should not have any set expectations in terms of future price. You do what the tape tells you to do, otherwise you are gambling, not trading.