Golden rules of trading FOREX, MCX and NSE
Keep your emotions right when trading FOREX, MCX and NSE. The market does not have any emotions. You do. Do not trade with hesitance, with a heavy heart or with over confidence. You will incur small and frequent losses if you are scared of the market and big ones if you are over confidence.
- FOREX- Currencies – the biggest market in the world.
- MCX- Commodities
- NSE- Stocks
- While trading FOREX, MCX and NSE we tend to close out a winning position as soon as possible and wait on a losing position a lot. This is a very bad thing to do. Just be patient the immediate green and red candles means the market movement, not a trend change. Be patient on winning trades to book maximum profits from a winning position by adjusting your stop- losses here and then. If you book the position early you may repent later. This happens every time to traders who trade in FOREX, MCX and NSE and they may try to re-enter the same trade at higher levels and exit frequently at small reversals which may cause you to lose the previously gained small profits and eventually start building losses. Trading FOREX, MCX and NSE on a daily basis is not about how right and wrong you were but how much profit you make when you were right and how much lost when you were wrong and this determines whether you are a winner or loser.
- Make sure you exit at the right stop-loss when it is hit and do not rely on superstition and optimistic emotions. You exit right there. If you do not you may be anxiously waiting on that same position thus missing other opportunities. Slowly the losses start accumulating and panic takes over and tomorrow will be the same story again.
- Stop discussing your open positions with friends, fellow traders and on social media. This is the ultimate wayut o get confused and destroys you. You are unique and your trades are different. You are not a loser if someone says so or if someone making profits at a different level. They may be right but you should’ve consulted them earlier before trading FOREX, MCX and NSE. Most of the times they give their own opinions as they are just as human as you are with emotions.
- While trading FOREX, MCX and NSE do not assume that it is a bull or a bear. The market is neither bull nor bear. It has only one way of moving and that is the right move. You as a trader are a winner if you can pinpoint the right time to enter and exit. Remember my dear friend this is the key. No magic will work. No speculations will work. No TV anchor will know. You need to have the right market feed at your hands and only that will work. Only the right time entry and exit will give you profits. And no superstitions will work. So do not waste your time by burning incense and putting garland around the monitor. No offence.
- Please exit when you see the trend is reversing and the upward and downward movement of the candles is just to plummet more and make you more losses. Do not be optimistic and wait. You will lose other opportunities.
- Find a good system to trade FOREX, MCX and NSE. Take your time do some research and find one and follow that only. Do not stray or jump from one to another. If that is a good system stick with it and keep contact with the vendor. Check the company thoroughly before buying a system. You need a system to trade and there is no other go no matter how smart you think you are. You cannot keep track of the market as a human being can concentrate on a thing not more than 20 minutes. After that tiredness, mental fatigues will kick in and you will lose. It may hurt you but this is the truth. Do not listen or trade FOREX, MCX and NSE using more than one system.
Key: Do your research and settle on one.
- Do not get into superstitious behavior when the trades go against you. Blaming luck or fate is just fooling yourself out of the reality you are enduring.
- There is nothing called an overnight millionaire making profits. But using a good system you can make your first million over a period of time. The number one factor is to keep your emotions like fear and greed away and being disciplined in listening to the system. If you cannot be disciplined please do not waste your time and money in trading FOREX, MCX and NSE. This is not for you. Do not enter into trading under any illusions of becoming a billionaire overnight.
- Do not put all your eggs in one basket. Do not enter trading world with borrowed money or trade with funds that are not yours. Sooner or later troubles are bound to happen. Enter trading world with the money you can spare or lose and mentally be prepared to lose.
- While trading in FOREX, MCX and NSE never buy or sell in panic, fear and greed. Volatility is inseparable from the market. And many times the candle colors you see is just market movement, not a trend change.
- Do not listen to rumors. If you are using a good system then rely completely on that.
- Avoid the folks who have a dependency of claiming “I had informed you – See now?” These are the very identical humans who would not ever put anything on paper or ever trade on their own views- with their own money, as simply they don’t have any concrete views or competencies. If what they say goes flawed, they’d disappear and could be obvious nowhere or if found, would now have some enhanced views and motives for why the mistaken happened as a rule these sort of persons are excellent convincers.
- Do not try to outsmart the market. The market is always right and will hit you right back. Do not be a trend setter. But follow your system and trend quietly. No human can possibly keep a track of the whole market and you may end up losing.
- All three segments FOREX, MCX and NSE have different norms and styles of trading. Do not mix one trading style to another. It will backfire. Though all three are speculative trade markets some things are different and cannot be mixed.
- Traders in FOREX, MCX and NSE markets are easily fooled by crooks claiming to have an exceptional system. They will show you past records which can be faked. Finding a good company who provides a good system is not an easy task. There are thousands of EA available in the market by fraudsters claiming it to be genuine software. Their EA can be made in 2 hours where genuine software will take years to get developed.
- Do not try to be a super hero trader who trades without stop-loss. This is the one most important thing in trading FOREX, MCX and NSE. The stop loss is for your benefit and is there for no joke. If your trades move beyond and opposite your expectations chances are there that it will move further away making great losses. The stop loss will prevent this from happening and you can exit with a minimal loss. There are several things happening across the globe constantly, which affect the price movement, direction & volumes in commodity trading, as basically they move in accordance with demand and supply situations & are also greatly affected by the Geo-political scenarios all over. It is not humanly possible to track each & every occurrence, watch out for economic data’s released all around the globe and understand the level of their impacts on the trade movement & direction of all FOREX pairs ,MCX Commodities and NSE stocks, though you may be constantly updated on most of the developments, most of the time. You really need a good system to keep track. Find a good one. This is where our intelligent system comes handy. Alertel V series platinum will take care of all the trading needs and provides live market data and signals with targets and stop losses. The generated buy sell signals are confirmed by four filters and it identifies the actual buy and sell areas thus preventing you from entering the wrong trades. We understand that you need to increase your wealth but same time protecting your capital is very important
- Do not listen to the online advisors and average your positions. You are the one who is losing, not the advisor. It is just blah, blah and more blah. They just get a kick when you listen to them. They do not care whether you lose or gain. Try contacting them after making losses. They will not even respond or just try to give you a lecture on why you lost. They will not accept their mistake.
- Use different stocks and time frames. Not all will go wrong. If you stick to one or two favorites all the time, chances of losing increases.
- Do not go with the social status of a company. Try a wide verity of currencies, commodities and stocks. Our system keeps tracks of all and alerts you with alarms and messages. You don’t have to spend your precious time sitting in front of a computer.
- You cannot use the same trading style all the time. Past performance does not indicate future trades. This is human mind and the money market is so wide that you might get lost from time to time. Alertel V series platinum always holds you right at track. You do not have to be worried all the time. It is very easy to avoid bad trades with V series thus saving your capital.
The following features make Alerts of Alertel V series platinum – the best trading signal software for MCX commodity trading
Alerts of Alertel V series platinum – the best trading signal software for MCX commodity trading is and can be your best friend in MCX trading. It takes the difficult jobs from your hand and keeps you relaxed and stress free all the time. Just be there when the alarm sounds and you are done pretty much. Just take the trade exit with profit and wait for the next alarm. Can you do that?
User friendliness of Alerts of Alertel V series platinum – the best trading signal software for MCX
- Alerts of Alertel V series platinum – the best trading signal software for MCX commodity trading runs on the world’s best platform the MT4
- It uses real time data with zero delay- What’s the use of trading if the market data is delayed. Alerts of Alertel V series platinum – the best trading signal software for MCX commodity trading uses tick by tick real time streaming data from the most expensive server and gives you the real market real time.
- Alerts of Alertel V series platinum – the best trading signal software for MCX commodity trading supports multiple charts in multiple time frames for you to have the best signals in all categories regardless of your trading style.
- Alerts of Alertel V series platinum – the best trading signal software for MCX is extremely easy to learn and use. Our support team is always ready at your disposal be it in your trades or technical support. Just give us a call and we will take it forward from there.
Alerts of Alertel V series platinum – the best trading signal software for MCX
- Once the signals are generated an alarm will sound along with pop up messages of all the details including price of entry, time, targets and stop loss.
- You do not need to sit and watch the computer all the time
Our support
- We re-install the software free of charge
- The new and periodical updates are given free for Alertel V series platinum – the best trading signal software for MCX clients
- Support is available through all means of communication
- Multiple markets covered in real time
Below are the markets covered by Alertel V series platinum – the best trading signal software trading
- FOREX (International)
- MCX
- MCX SX (INR against International currencies)
- COMEX
- NYMEX
- NCDEX
- MCX SX
- METALS
- CRUDE
- NSE
- NSE F&O
- NSE Cash
- CFDs
- INDICES
Unlike other software which is trend based Alertel V series platinum signal software utilizes four levels of filter system to authenticate the generated signals. It will not give random signals. Just stick with this system which has a pedigree of eight years and do exactly as it says. Alertel V series platinum signals for MCX helps you to keep away your emotions while trading thus making it the best MCX signal software and 100 percent accurate signal software.
Remember: We use Alertel V series platinum signal software for MCX in our own trading floor. Please check the results below.
Have a look at our reports
Abstractct report :https://www.alertelsystems.in/reports/
Detailed report : https://www.alertelsystems.in/reports/detailed.html
Alertel buy sell signal software for online MCX commodity trading offers Live Charts with Auto Buy Sell Signals and technical analysis software for daytrading in FOREX, MCX and NSE, Text and Voice Alerts for Intraday stock Trading in MCX Commodity, Nifty Stocks, Nifty & Bank Nifty Future, NSE Stock Futures, Nifty Put Call Options, NSE Currency Forex and NSE 100 Stocks for Positional Trading with Charts & Alerts.
Be it intraday daytrading trade or position trade Alertel buy sell signal software provides accurate buy sell signals for both forex and Indian stock market like MCX , MCX SX , NSE and nifty stocks, making it the best buy sell daytrading signal software in Indian and the world.
Experience it for free.
www.alertelsystems.in
www.alertelsystems.com
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