Wednesday, January 30, 2008

Trading philosophy

I concentrate on short term trading with my trades ranging from few minutes to few days. I am a technical trader and I follow trend playing methodologies with few of my own defined patterns .
I strongly believe that trading is 20% prognostication and 80% execution. The most important part of trader's execution is his own psychology. A trader with right attitude towards trading and mediocre methods of analysis is far better than a trader with best analytical skills and wrong trading psychology.


Disclaimer: Trading presensts siginificant risk and one should trade according to his financial situation and risk appetite and should be responsible for his own trading decisions.

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