The reason why you are here is you are either in loss or you made heavy loss in mcx market. Have you ever thought of the reason why you made series of losses in mcx trading? There are many, I will point out some facts and you will definitely agree to any two of them.
· You blindly followed some tips provider.
o You bought and sold whatever he said. Never thought of why you are buying or why you are selling.
o You don’t have any money management. Suppose on Day 1 if you had 100000 rs and made 25000 rs loss, Day two made 25000 losses again. On day 3, your mind was like, “ Damn I was here to make daily 2000 and I lost nearly 50% now, now what to see, lets risk all 50000”.
· You took a position and market gone in reverse. After some time you predicted yourself (jai Baba trader), market will move up from here, lets buy one more lot here and average. Rest you know very well.
· You are following many persons called Tips Providers, Tips Guru, Sure shot Tips, Dhamaka Calls, Operator Calls, etc. If they said BUY or SELL, you won’t think twice or wait. You will enter on market.
· You are a blind follower of your broker’s Research Team.
· You believe in Performance Report, which are there in many Tips providing websites.
· You don’t believe in market, because there is someone called Operator is operating . He is spinning the wheel and the market price is moving accordingly.
· No one earns in Market. If someone earns today, he will definitely loss tomorrow.
If you not a believer of any of the two points mentioned above, don’t read further. You are on the right path. Keep up the good work and continue your good trades.
AND FOR OTHER, IF YOU ARE READY TO FORGET WHAT EVER I MENTIONED ABOVE, YOU WILL SUCCEED FOR SURE. OR GOOD SUCCESS RATES, WHAT YOU WANT TO DO?
1. LEARN TECHNICAL ANALYSIS.
2. ANALYSE MARKET YOURSELF.
3. BE YOUR OWN TIPS PROVIDER.
How to Learn Technical Analysis.
Gather the tools required for learning technical analysis first.
1. Books or online periodicals.
2. Software for MCX-MT4
3. MCX Data feed
You can access thousands of books and online referrals for learning Technical Analysis.
I suggest you to go with MT4 software in the beginning, because MT4 software is very user friendly for the beginners and are free of cost.
Teach yourself everything or with the help of professionals. Realize, there is no one called Operator, The only fact living in the market is PRICE ACTION. Buying on supports and Selling on Resistance happens daily and periodically by big investors. Exchange has its own traders for volume building. They too do the same. People interpret them as OPERATOR, which they are not.
