I have seen many people losing their money in the stock market whether it is in equity or future and option segment. And all the money goes to 3% of the traders who are experienced and well-disciplined. There is a small difference between them. This difference is not any technology or strategy. This is the difference, how you behave during markets ups and downs. I have noted down some points which I have seen in all my students. And I don’t feel any embarrassment to say that a few years back, I used to think and trade like this. I am going to share all those points below.
Normal traded learned Subject:-
A lot of new traders are coming into the market. Many of them are young, and some are adult too. first, they want to know how to buy and sell in the market, then they try to figure out what is the market, and they take the experience of trading in it. In this, they spend a lot of time, sometimes while asking someone, sometimes on social media platforms like Facebook and YouTube.
Attachment towards subject:-
When we understand something new and try to learn it, Slowly in that we want to be supreme. Because of giving it so much time of our life, we get an attachment towards that thing. It is not only for the stock market, but all the business, skills even it our society and moreover it has been seen in our relationships too. The desire within us to know the subject, that is what rings an attachment to its subject.
Attachment leads toward desire :-
This is the time when we start roaming around the imaginary world. We only found the good thighs about the subject, if we say bad then we cannot hear it. We think they are the negative person. Who are unable to create personal money. By this, we ignore experience persons’ advice and we thought many things in our mind but in reality that does not exist. Even if people are students calculating the monthly income amount from imaginary daily income. With this imaginary mindset, they do not hesitate to ask all the professional people, that how much money they make in a month in stock market. Who are there in stock market from 10 to 15 years.
Desire Becomes Anger : –
It’s a natural thing when you would have made all the claims that you are the master of the work where your experience is zero, the result came the same. As expected. all that you would have given time. And all the technics you learned from social media like YouTube that are not working. This result takes you towards frustration. And when you are not able to see all these things professionally because of your ego and your past statement, the energy in you become converted to anger. It depends angry, some traders they angry at the market, some at themselves.
Anger Creates more attachment toward subject :-
A lot of traders have a question that how they come out of their over-trading habit. And the answer is your attachment to the stock market, Candle chart, and Trading Hours. You must have experienced success in your life. You can’t forget out of your mind what you don’t get. Some people create greed and loss in their life in this type of situation. In stock market trading we saw a lot of people get more attached to the market. And they justify this emotion as “I was never quit in any work of my life. ”. But believe me, all stock market looser repeat it same manner. In their earlier losses. They never admit that they still need a professional for this work.
More attachment creates an Inability of Understanding :-
Let me tell you one thing, maximum people come to us after this emotions are born within them. One thing which they still have in their mind is that money can be made in the stock market even we they created it too. But the market takes it from them. And now they believe that professionals can recover their money from the market. But believe me professionals never believe in recovery. They always try to earn from the market in their probational attitude. In this stage when people are not able to handle market ups and downs they become an investor of their losing portfolio. Some trade make all their principle amount zero.