Generous Karna Karna was Duryodhan’s special friend. He was well known for his generosity. He never used to send back any needy person empty handed. Every morning, Karna used to go to the river bank for a bath and give oblation of water to the Sun-God. After his bath, while returning home, if any needy… Read More »
A trading journal gets you in a practice of observation which can open the gates to the development of mindfulness. However, unless you know how to use your trading journal correctly it can do more damage than good. In fact, I feel so strongly about this, that I have devoted a large section to it… Read More »
Embarking on a trading journey is akin to stepping into a new world filled with promises of financial freedom and prosperity. However, like any skill, mastering trading requires dedication, patience, and a willingness to learn from mistakes. Let’s delve into the stages of this journey and unravel the secrets to becoming a proficient trader. Step… Read More »
In the fast-paced world of trading, success is often attributed to a combination of skill, strategy, and timing. However, one aspect that is often overlooked but equally crucial is the trader’s mindset. Cultivating discipline and patience forms the bedrock of a winning mindset in trading, enabling traders to navigate the volatile markets with resilience and… Read More »
The Market is used to fool traders, for often when stocks look the weakest on the tape, they are the strongest as accumulation is taking place. At other times when they are booming and very active and appear the strongest, they are really the weakest, because the insiders are selling while everybody is enthusiastic and… Read More »
With the advent of New Financial Year 2024-25 from 1 April 2025 we all should make resolution for improving our trading results for coming Financial year. Trader should DARE the Mr Market for 2016-17. Let me explain it in more details: Discipline Analyze Risk Education Discipline Every time we begin our trading sessions, we need… Read More »
Bishnu Shrestha wasn’t looking for a fight on the evening of 2 September 2010. As his express train roared through the darkness of the jungles of West Bengal, this Nepalese ex-soldier sat quietly, looking out the window into the calm stillness of the night sky above. The 35 year old veteran was finally on his… Read More »
Lawyers, doctors, engineers and professional men who make a success spend anywhere from two to five years’ time studying and preparing to practice their profession before they begin making any money. Men enter into speculation in Stock Market without any preparation. They have made no study of it whatsoever. They try to deal in something… Read More »
The market tells you (actually points in the direction) where it wants to go. As markets move they leave behind what I call a “footprint”, this footprint is price action and it sometimes leaves us clue as to which direction it is heading next. These “clues” are known as price action trading signals / price… Read More »
In this business, letting your emotions control you will lead to disaster. Instead, you need to have a powerful mindset, or what we call the Trader’s Psyche. This is a focused psychological framework that will help you develop selective, wise, and patient trading methods. The most successful traders exhibit these mental habits which help them… Read More »