Keep your goals small in trading. Trading will turn out to be interesting. You put huge pressure psychologically if you keep your trading goals big and look to achieve that overnight!

Nifty last 10 years

Year gain/loss 2010: +17.9% 2011: - 24.6% 2012: +27.7% 2013: +6.8% 2014: +31.4% 2015: -4.05% 2016: +3% 2017: +28.7% 2018: +3.2% 2019: +12.8% 2020: ?????... can we repeat 2014 or 2017 ??

YESTERDAY DONE

A 10% loss requires a 11% gain to get back to even A 20% loss requires a 25% gain to get back to even A 50% loss requires a 100% gain to get back to even A 90% loss requires a 900% gain to get back to even Huge gains aren't easy & big losses destroy capital: Avoid big losses!

Of you are trading based on moving averages , do you think you are using Jurassic age tools or are you using quantitative analysis ?