New Year Resolutions for Traders

Here are some hard-learned resolutions we made over the last decade in one high-intensity capsule...


Image result for new year resolutions 2020


  • I will always wait for the right trade
  • I will not trade with the money I cannot afford to lose
  • I will not gamble. I will not do 50–50 trades. I will trade only high probability trades
  • I will sit out and not take a trade if market is not clear
  • I will not take unplanned impulsive trades
  • I will not overtrade with too many positions
  • I will not buy OTM Options like lotteries
  • I will never gamble on events
  • I will never trade when I am emotionally unstable
  • I will trade less frequently and take breaks
  • I will always always keep stop losses
  • I will invest time in learning, planning, and analyzing
  • I will cultivate discipline, patience, and aggression
  • There is a life outside. I won’t get addicted to trading

If you enjoyed reading this, It is a wealth of small nuggets of trading wisdom.

We wish you the very best of things in 2020!

Team #MoneyArth.

Comments

Popular posts from this blog

Detail Guide On Gift City Funds For NRIs and OCIs

Who is NRI vs PIO vs OCI?

Term Insurance vs ULIPs