Having the perfect indicator would be one thing, but putting into practice would be another. Even if you are able to "beat the market" the greater battle of" beating yourself" that is mastering your emotions, still lies ahead.
Every great market opportunity, whether a trader or an investor, knows that the analytical aspect of playing the market represents only a small segment compared with its psychological aspect. In this respect, history's great traders or investor - to one degree or another - have followed various rules. However, these successful individuals would be the first to admit that they have no convenient magic formula to pass on as a testament or their triumphs
The false "Holy Grail" concept appears in many forms, we will consider two: the expert and the fail-safe System or perfect indicator.
Having a spreadsheet tool will not perfectly remove the emotion of trading but rather it will lessen the bad trading decision because of human emotion.
Therefore it is extremely necessary to have a basis in your trading.
As Simple as it maybe your rules must be followed according to your preferred strategy in beating the stock market.
TRADE YOUR PLAN. PLAN YOUR TRADE.
Spreadsheet 03:
Follow this link: Using Microsoft Excel Sheet - PSE DIARY
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