We all know that markets carry high uncertainty & risks. Despite that we are all here to win. However, trading is not about being right all the time but about maximizing your wins, cutting your losses & maximizing your overall returns with 3 things –
(a) Adapting a proper trading strategy
(b) Formulating a trade plan that has the right set-up & an ideal Risk-Reward element
(c) Exercising discipline with Risk Management techniques
If these 3 basic things are taken care of, you can be a winner. I lose 3 out of 10 trades on an average. But when I win, I win big. When I lose, I lose small. But how? Just by adapting a rule based trading system that covers all the three elements listed above.
If you want to learn more about the system I use or about Trading Strategies or about Risk-Managing your trades, please click here