I am Suresh Chellam.Associated with commodity market since commodity market is introduced in India .so many lacs and lacs of Rupees has been lost to learn each points.each points are so costly.Don't take these lines lightly.
Successful trader will not trade always.will wait for hours for the right entry.
1.Many Small profit and one huge loss this will one day end your trading.
2.Money management is one of the most important thing in trading
3.Don't cloud emotion taking decision. Ans. all your minds question before placing sl & trgt
4.Know how well to lose in the market
5.Always save your funds for onetime blast.particularly when silver up or down by 1000 pts
6.Dont take Revenge with the market to cover your huge loss in one or two trade
7.Take discounted calls.(enter market when calls nears stop loss) and wait for full target
8.Appreciate your trading system not on huge money made in one trade
9.Before taking position think of your consequence if it hits your stop loss
10.Don't increase your lots trade on regular lots always
11.Always relax after every profit booking.your proud will make you huge loss next trade
12. you have to lose many battle to win a war (strict stop loss)
