Trade Thesis a) TST Set up b) Pull back entry criteria c) Fib retracement level may provide support for long d) vwap breakout and support above 11000 e) SL compulsory f) Trade duration 5 days
Trading mindset requirements
a) Acceptance is the key standard criteria for successful trader b) Focus on process and not on outcome c) Afraid of failure is the big set back for systemic trading and to maintain discipline. d) How to overcome the afraid of failure is
1. Accept the reality that failure is part of growth. 2.Reframe your mindset by seeing failure as a learning opportunity rather than a negative outcome. 3.Set a realistic goals by achieving small manageable goals. 4.Visualize success of positive outcomes regularly. 5.Plan the trade and trade the plan not emotions 6.Speak to yourself positively (Self-talk) with good affirmations. 7. Practice meditation regularly helps to manage anxiety as well.
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