HighYieldTradings firmly believes in sharpening the technical skills and giving it an edge, wherein the traders and investors can make their own trading decisions without being dependent on others. We emphasize on the practice to repeat the right things again and again, so that it becomes a practice, and in turn it becomes your discipline, which is the key to be a successful trader. Knowing the basics of trading is very important, but knowing where and when exactly to implement it, is far more important and critical. Here we will teach you the exact same thing. Remember, making no money is always a better option than losing money.
It is believed that day trading or intraday trading is a way to loose your capital but this does not hold good for everyone out there. There are hundreds and thousands of traders who make consistent profits with day trading on a regular basis. What is the MANTRA ? The mantra is to make sure that your losses are much lesser than the profits that you make. And believe me, we have very clear and pre-defined rules for this but the only problem is that, people don’t follow them. It becomes very tough for most of us to digest the fact that we are in losses. I mean, what’s the big deal … It is the part and parcel of this game called Day Trading. It should not be bothering us so much. If we are in loss today, we can be in profit tomorrow. But our monkey mind does not allow us to accept this fact and what people end up doing is to take revenge trades, forget all the rules/discipline, make more losses and finally quit the game regretting, why did they do, what they did. And that is the whole reason why we are here, to make sure that our clients do not regret their decisions !!!
Having that said, we welcome you all to the most fascinating world of trading.
Happy Trading !!!