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The trading mantra to become successful in the Stock Market is nothing but Market psychology. If a trader can understand the psychology of the market and control his emotions to become disciplined about his trade, he will become successful in the market.
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Stock Market Institute 3 Successful DESI GNED BY Trading Mantra for Market Psychology in Stock Market Market Psychology Expert Traders Mantra An article on Medium
Stock market Institute Chandigarh Introduction 1. What is Market Psychology? 2. How Does Market Psychology work? 3. The real trading mantra of Share Market TABLE OF CONTENTS (a) First trading mantra - Always decide your stop loss before placing an entry into the trade. Traders Mantra
Stock Market Institute Chandigarh THE TRADING MANTRA FOR SUCCESS LIES INSIDE THE MINDS OF PARTICIPANTS. DECODING THOSE IS CALLED MARKET PSYCHOLOGY. INTRODUCTION TO BECOME SUCCESSFUL IN THE STOCK MARKET, EVERY TRADER AND INVESTOR IS TO WORK HARD TO UNDERSTAND THE MARKET IN ITS DEPTH. LEARNING ALL THE TECHNICAL ASPECTS, A TRADER MOSTLY LEAVES BEHIND THE MAIN TRADING MANTRA OF SUCCESS I.E. MARKET PSYCHOLOGY. Traders Mantra
Stock Market Institute Chandigarh MARKET PSYCHOLOGY OF STOCK MARKET WHAT IS MARKET PSYCHOLOGY? The psychology of the trader while participating in the market is market psychology. You can simplify it as the psychology of the market, in which the market means the participants of the market. A trader usually thinks that if I can forecast any move of stock or share, I can make a trade and earn money. Ain’t that easy. Traders Mantra
Stock Market institute Chandigarh HOW DOES MARKET PSYCHOLOGY WORK? Ideas of market and its core fundamentals. Suppose a trader analyse that stock “NETFLIX” is going up move with a rally of 20%. First thing, an analysis is only an analysis. Not even a single person cracked a market, who can say that if he sees a rally then it should rally. Now there an emotion starts playing. Once you are not confident about your move, you should place a stop loss. Let’s suppose a stop loss of 5% is there for the reward of 20%. Traders Mantra
The problem occurs when the stock starts going up and it had reached a 7% rally, and now it is correcting itself for 4%. That is the point of trigger. A trader is now expecting the stock to go up, but a stock can go back to its stop loss. This can lead to the vanish of the trader’s profit plus a little of its capital, while he was about to gain 7%. This is called the emotion of Fear. This emotion made him sell his trade when he was 7% up. Second, the emotion of Greed made him ride to 20%. Traders Mantra
Both emotions are disturbing the trader at every fluctuation. Not only this move but there are also several points of trigger come where a trader loses his consciousness and falls into his emotional trap. The point of trigger comes at a point of entry and exit. If you are a trader, you do trades, then you must have felt those emotions. Traders Mantra
Traders Mantra THE REAL TRADING MANTRA OF THE STOCK MARKET A good trader never gets insane with the noise of the market. He is disciplined and strict in the action he had thought before the trade. Here are some factors a trader must follow to improve his market psychology.
If you have entered the market without a figure that is below what price you will not be happy to stay in that trade, the market will let your mind flow with the price and it will also start fluctuating with the noise of the market. FIRST TRADING MANTRA An unstable mind can never generate profit from the stock market. Always decide your stop loss before placing an entry into the trade. So, a stop loss is important and should be in your mind before entering the market. TRADERS MANTRA
To read the full article on MEDIUM please visit the link by clicking on the link below MARKET PSYCHOLOGY IS A TRADING MANTRA TO BECOME SUCCESSFUL IN THE STOCK MARKET To know more about the Market Psychology and Traders Mantra Company. Visit the link below TRADERS MANTRA Space Jam, SCO 50-51, 3rd Floor, Adjacent to Mukat Hospital Sector 34 A, Chandigarh - 160022 Traders Mantra
THANKS TRADERS MANTRA TEAM THE STOCK MARKET INSTITUTE IN CHANDIGARH SPECIALIZED IN MARKET PSYCHOLOGY, TRADE MANAGEMENT, TECHNICAL ANALYSIS AND LIVE TRADING IN STOCK MARKET. Traders Mantra