Trading is just not buying and selling it's not more than that. Even have a good system doesn't mean you can make money because psychology plays a very big role in trading & without a proper mindset person cannot become successful trade. If you think trading is a 100 number exam, the value of a system or technique is only 25.
70 marks go to psychology as well as the proper risk management. Many think that if they found a good trading technique they can make money like a Holy Grail in to the markets but that's not true. If I provide a trading signal to my class of 30 people, how will produce the different results some will make money and some will lose their account totally. Why that variation. If we have the same system why the 30 people are generating different results?
The answer lies in their objectives and their mindset and their psychology and their risk-taking capability. That's why so many tried to take the tips from the Indore-based traders are not successful and even their life in trading is few weeks. So we recommend you not to take any kind of signal services from any broker or institution. Because you don't know what's his objective and how they are generating the calls.
So back to the point on trading, self-learning is the best learning in the world. If you are capable you can make money. You are in India or abroad or sitting in your bedroom or beach doesn't matter. So learn first and they take trading as a serious business. As I told you it is 75% of your psychology mines and objectivity. To reach the optimum level of a consistent trader without overcoming the psychological obstacle is very difficult. And in online classes that are very difficult to learn the psychology of trading because a person cannot see you and he cannot read the body language of a trader. And even a learner cannot see the mentor and that's why it's very difficult to learn trading from the psychological aspects. That's why we all recommend you to take offline classes if you want to learn about trading don't go online because online you will waste your money and time also. Always prefer offline classes in the share market and other trading markets.
At IFM Trading Academy in Chandigarh, we provide the life offline classes of all the trading instruments. IFM Trading Academy is the best trading Institute in Chandigarh which provides live as well as practical classes in the stock market.