As quoted by our strategist “A mature, balanced and intelligent person can consistently make money in the market.” If a person cannot grow psychologically and in character he will not make money in the market. The market can satisfy a persons ego. An egoist will keep losing money. It is very important to identify the direction of the market. It follows certain cycles which are natural .Just like day night, and various seasons. The market works on greed and fear.
How much capital is to be deployed at any entry actually defines if you can sustain in the long run or not . All good traders and investors have lost a fortune just because they could not hold back their emotions and could not break up their trades judiciously. Your money basket needs to be broken up into a proper bouquet so that no matter what happens the capital is always in a safe position.
When to buy or sell, what to buy or sell is clearly defined based on strong technical indicators predefined by military precision. Making use of his services background and experience our strategist has actually predefined technical indicators which take out the possibility of errors due to emotions, feelings, fear and greed. The experienced hunter always travels light and therefore which indicators to follow ,what time frames to consider, proper exits predefined on the basis of technical indicators is all preset so that at the time of execution there is never any second thought.
Setting a broker for you, although seems unimportant but here again Capt. Mann’s experience has actually told him that the associates can always be either an asset or a liability. Who ever executes your orders should be fairly versed with your thought process and should have a clear idea of your trading abilities and convictions. Any kind of deviations or arguments or loss of services at the proper time can actually make your trade a loosing trade even though your strategy was right.
