Start Every Trade Small & Increase It
How you decide size of your position when you go for trading, if you decide your position based upon your opinion than there are only outcome possible
- 1.
Less Profit
- 2.
Solid Loss
& as far as my journey says, 2nd outcome
is more likely if you take action based on your opinion.
Many people out there ask to understand THE ART OF SWING TRADING but no
one wants to understand the patience and discipline it requires. In a way of
learning it confidence plays a major role; due to confidence on your
self-working only you will be able to take decision on correct time.
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To build up confidence one must conquer regular small hurdles:
- 1. What
- 2. Which
- 3. When
- 4. Why
- 5. How
For being victorious over all these hurdles you need to write down your
trade idea and after firming the path of action, you must start your live trade
with small quantity and when your trade idea starts converting into reality by
putting trailing stop loss you should increase your position.
This way you would be
able to minimize your chances of losses and size of losses if it occurs.
Price Action is the answer for every question in share market when you
Trade
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