OPEN MINDED ARE YOU OPEN-MINDED PERSON:OR MARKET MINDED PERSON

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OPEN MINDED


FIRST OF ALL,WE SHOULD KNOW THE DIFFERENCE BETWEEN OPEN MINDED AND MARKET MINDED.

IF YOU TAKE A  LONG POSITION ,AND WAIT FORTHE PRICES TO GO HIGHER,BUT PRICES ARE NOT GOING HIGHER AS YOU DESIRE.
IN THIS SITUATION,WHAT ARE YOU DOING?HOW MUCH TIME CAN YOU WAIT?

                                                                                             WHAT’S INSTAGRAM?
SO I ALLREADY TOLD ABOUT THE TREND REVERSAL POINT.NOW YOUR PRICE IS COMING BELLOW THE TREND REVERSAL POINT AND STILL YOU ARE HOLDING YOUR LONG POSITION AND THINK THAT MARKET WILL COME UP AGAIN…THEN,YOU SRE PUERLY A MARKET MINDED PERSON..THIS IS ALSO CALLED A “BIAS-TRADING”.I SUERLY SAY,YOU CAN NOT WIN IF YOU ARE A MARKET MINDED PERSON..

WINNERS ARE ALSO  HAVING OPEN-MINDED ATTITUDE.WHENEVER THE TREND CHANGES,THEY ARE READY TO BOOK THE LOSSES AND TRADE WITH THE TREND ,THEY ARE ALWAYS FLEXIBLE.THEY ARE PUERLY  RIDING WITH MARKET  TREND FOR EVERY UPS AND DOWNS ,SO THEY WIN.


BIAS-TRADING CAN  BE SUI
TABLE FOR LONG TERM INVESTORS FOR MORE THAN ONE YEAR ,BUT WE ARE TRADING IN MCX FUTURES,THIS IS NOT THE INVESTMENT PRODUCT.SO WE ARE NOT GOING TO TAKE DELIVERY .


S0 NEWBIES SHOULD BE A OPEN MINDED PERSON TO GET THE CONSTANT WINNING THEIR TRADES,ACCEPTING THE LOSS IS THE BEST STRATAGY  WHENEVER THE TREND  CHANGES AGAINEST YOU.IF YOU DID NOT ACCEPT,MARKET  WILL THROW YOU OUTSIDE .BE READY TO TAKE QUICK DECISION WHENEVER THE TREND CHANGES AGAINST YOU…

SO COME  WITH MARKET WITH OPEN -MINDED ATTIDUDE .EVERYDAY IS THE NEWDAY .EVERYDAY IS THE NEW TREND,DON”T  BE LIKE BIAS-TRADER,THIS ADVICE IS FOR THE NEWBIES ONLY..

IF YOU ARE MAKING PROFIT WITH BIAS-TRADING,
THIS POST IS NOT FOR YOU.DON”T MISTAKE ME.

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