Comment on Mr Consistent returning incredible returns

Madan commented on 31 Dec 2013, 08:53 AM

Karuna,

I have 24 hrs backup in the place i live. Previously, i used to live in a place where there was no real backup. I used to have a big inverter that runs my PC and laptop for full 9 hours. For internet connection, i have internet dongle and have my brokers number handy.

Another important thing to maintain is the trading journal. Other than log for trades,it would help if we journal even our emotions when we enter the trade, when the trade starts going in our favor/against us, stop outs and profit tgts(if any)…you will feel very different emotions in each of these stages. Identifying them (being aware) is the first step to understanding it. Over a period of time, the emotion patterns starts to repeat and you can really work on them.

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