For every trader and investor and to get success in finance and economy the understanding of Finance is very important and that’s make the financial learning the great importance for both businesses and economy in this article I will try to help you to understand some of the financial learning which is specifically useful for trader and investor.
In some cases the trader makes mistake and the mistake it they control their feet but wait in losses no you may try to understand what I am saying to you there should be 1 is to 3 ratio in stop loss vs profit, so it means if you get your profit you’re not do over trading and this is one of the way to succeed in the market
When you open position, just calculate the value of total stop loss. and if total stop loss amount is higher than reduce the volume, and this is very important because on every day the profit and the loss should be decided. So that the way the professional trader is taken place in respect of the losses, it is very important for maintaining it and this mix the trader to get success and it is also very important to maintain the position in the stock market, and if it is very important to control over volume in the ultimate control and if you are making a three mistakes in micro lots then recovery is possible in single bit lot and do not over trade. If daily loss richest 2% of capital then stop loss trading immediately because win the trading is active and the trader do some mistake and the trader lost some money in the market. Then the automatically temperament of the mind changes and because of the high pressure of Loss there may be possibility that the stock market or the trader do for the mistake and this happens with almost every trader, because mind think and the thinking increases when the trader do loss. It is very important if you loss you must stop your trading and it is the most important rule and make time to practice and if you practice then this will make you perfect just want to digest profit or loss and take a break listen music go to market meet people or study old chats on internet or do whatever you want to do or do not your you want to be happy. In your daily temperament of your mind or the daily temperament of your thinking always think in percentage because thinking in percentage is very important because the thinking in money is not going to help you, but thinking in percentage is going to help you like if silver is moving up and any other commodity or stock is moving down or you are trading on any other things like currency trading, stock trading, index trading, commodity trading. Beginners are hyperactive as we all know that beginners are losing some money in their initial phase and this is because of the hyperactive of the beginner trader but mature trader trade only when there is strong reason because when the trader trade and there is a strong reason then it is very important to get success because getting the success is what we all know to learn the knowledge of the market to learn the understanding of the market to learn how to behave in the market and learn to see market what we time discipline twice or thrice a day because if you learn to remain happy and in real real and in the situation of the stock market then you will definitely win.
- Calculate your daily brokerage and Taxes you can’t ignore a detailed cost in any businesses because this is a secret of success so every trader play up to 1000 for daily brokerage + Texas but they never calculate this and that is why they are not mentally prepared to pay half of his 500 daily for good Research and training show all which calculate brokerage and Taxes.
- Just record all your trade in a pocket diary and analyse your trading behavior and methodology day by day and on every day you find your mistake and try to improve on the next day trading and this is the key to success in stock market the facts and figure shows you the exact picture do not argue and do not justify your mistake and this is the secret of your success of becoming the great investor and trader in the near future accept simply and then rectify your mistake day by day and on one day you will become the perfect trade.
- Start thinking like a successful trader you always behave like a successful trader 8 reader and the thinking of the theatre is very important if you think that is affecting your mind and that is also affecting your trading behaviour so it becomes and it is actually very important to understand that if one consider it like genuine business then he is ready for all proper inputs and this makes you the perfect for are from any places or behaviour which will fulfill you to make you the perfect business.
- one thing I want to say to you and I think this is very important for your success always keep in mind “leave your ego keep your profit” and “keep your ego live your profit”.
- A trader has to be very flexible he should adjust profit and loss as per market condition and this is very important so you always be flexible and happy to make profit.
- Always try to trade in a safe phone like if copper or any other commodity or stock is going high then take in between of the commodity of the stocks you buy some lots and age according to the next market behaviour you wait till the market so you’re the next behaviour and age according to the next behaviour of the market you are there by the next plot or sale if market behaviour is opposite of your thinking so you always trade in a slot basis to maximize your profit.
- Many times, new traders book in the case of positive or buy stock score, but stay in the case of negative and as a result, they become a victim of very large losses, that’s why you need your decision. Changing immediately according to the behavior of the market, that is, you should stick to the stoploss that you have imposed, you should never try to stop in the case of the negative. You take a small stoploss that you come out of the market at a low loss otherwise you You will become a victim of very big losses and it can cause your market to fail.
We have learned how we should manage our financials so that we can live in a balance zone so that we are more prone to losses or more profitable, all these things are necessary for the stock market and it should Follow in life because if you make you and you will be trading in the market according to your balance sheet and you make your balance then you will be able to know what mistake you are making and or if you go to the market for some reason. So, with the help of your balance sheet, you will be able to catch and correct your mistakes and you do not have to pay attention to understand you well and use it in the market because things like money management and market management and end management I can do it while taking a decision, but in that time also you need to control the psychology of market trading, that’s why you should take each of your decisions keeping in mind everything so that you can easily understand the things and the right decision. And this is what a successful trader.