Traders Pledge to remember in Morning Everyday

Discipline is the most important factor for us to first sustain in this high volatile market.

Try taking a pledge before you start the day at 9am every day

Trading pledge

1.I will keep my profit & loss at the same temperament

2.Either my profit which is 1% or my loss is 1% to 2% max if it hits , I will give rest of the day a miss

3.I will never look into some one else profit & get lured to take big risks

4.I will not deploy more than 10% of my capital in a single trade on any condition whatever may be the case

5.I will not discuss ideas / strategies with my friends / fellow traders when am on a trade 

6.I will not chase the price thinking I may miss out the trade until it comes to the actual levels based your trade set up

6.I will not keep averaging losing trades when point no.2 is done

7.Incase there is a loss , I  will not rush to cover up immediately

8.I will not trade , if it doesn't give me a trade signal based on my setup

9.I will.Mot worry about missed opportunities & take a trade out of frustrations just because I missed a good trade

10.I will keep my expectations rational subject to my risk taking capacity & ones ability

Indian-share-tips.Com has listed a few points which are common , so include or exclude what's your problem area & try do it atleast for 2 minutes every day

Things can improve if  not immediately but gradually

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