Wednesday 18 September 2013

Character of the Commodity Market

Before enter to the market, first understand the character of the market is very important. because market always has a special character.

Up and Down is the main character. Continuous buying pressure and selling pressure exists for every small up and down.

So anyone cannot control the market. This is what we should understand first.



Then how to make money? Control yourself is the answer.

To control ourself, We need Money Management, Risk Management, Strategy Management, Time Management. If we are ready to manage these things, automatically we will become a disciplined trader

In Market, No need to believe Luck, No Need to believe God.

Money Makes Money.

For newbies, if the price goes opposite to their trade for little movement, immediately they think that trend is changed and wants to reverse the trade. This is not the right one. No need to be nervous at every price movement. Peaceful mind in trading is very important to make money. because this is not gambling. this is our main business and our profession too. .