I am not able to find out why i am not able to do more trades in Mini-Nifty over the past 2 weeks. I have put only 2 trades!
Am i blaming that i don't have time to study the market and put a trade?
Am i not watching the market and see what it is doing?
Am i not interested to put a trade?
Perphaps, the answers are otherwise to the above questions. After thinking a while i could see that i am more focussed on cutting losses, than on profits! Also i am thinking that i am not in a clear state of mind to put a trade. So I am hesitating to put a trade fearing that i could lose some money. I should be ashamed of myself only if i am not following the stop loss. So go ahead and do day trade in Mini Nifty with a maximum of 2 lots, with a proper stoploss. I have to figure out the target based on the trading range of NIFTY on that day.
So, I should confidently and with a clear state of mind put a trade and analyze the performance of that in the coming weeks..
Friday, July 3, 2009
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