Recently, a couple people I know packed up and quit trading after struggling for a long time to hold their heads above water. They didn’t make it. This isn’t unusual of course – this profession has a high failure rate – but it frustrated me. It frustrated me because I could see potential in them.… Read More »
You should keep a trading journal of every trade you make! Backtest every system for at least 1,000 trades! Brush your teeth before bed! All of this is sound advice. However, how many traders actually follow this advice? Do you? I would bet that less then a third of you reading this article keep a… Read More »
Once upon a time there was a beautiful mango tree. Its delicious, mouth watering Alphonso mangoes simply melted on the tongue and the tree itself was so large that standing on one side, one was unable to see to the other. There was a guru who happened to live in the vicinity of this mango… Read More »
Source The above chart is taken from The Ten Tasks of Top Trading Click on the Link to read in details I am summarizing my Understanding which should be used by traders to be successful. Daily self analysis: My Guru used to tell me, Real Trading start after market closes, During market hours you are… Read More »
Any quick drive through Goa Casino makes it pretty clear who is making in the money – the Casinos! Why do gamblers keep going back despite losing most of the time? Big hope of making good money in extreme short term. No Plan, Not understanding probabilities Not knowing when to Stop gambling Gambling based on… Read More »
Grasim Positional Traders can use the below mentioned levels Close above 886 Target 911 Intraday Traders can use the below mentioned levels Buy above 886 Tgt 892,898 and 910 SL 880 Sell below 877 Tgt 872,866 and 860 SL 882 DHFL Positional Traders can use the below mentioned levels Close above 172 Target 189 Intraday… Read More »
We are going to Discuss a Case Study of one of My Student How we were able to help him to get rid of a bad Trading habit as part of Psychological and Performance Coaching, Many of readers would also be facing the same trading problems can learn from the below case study and apply… Read More »
Most professional traders trade one lot of Nifty Future for every 1.5 Lakh in their trading account. Most of Retail Traders trade one lot of Nifty Future for every 50K-60K in their trading account 90% of Retail trader blow their account in less than 1 year. One of the main reason for losing money is… Read More »
In Below Video we have discussed Different Fear in Trading How can you Identify you are Fear Heart Rate Increases Breathing Increases Muscle are Tense Mouth Feel Dry You Feel very light headed/Numb Bite the Finger Nail Butterfly in Stomach Hand Palm Feels Slipery You do not Feel Hungry When you are In fearful state… Read More »
Once upon a time there lived in India two friends–Mr. Sham, a rich man devoted to worldly pleasures, and Mr. Honest, a poor man devoted to seeking God. They both lived with their families in a large double house. Mr. Sham was a shameless, unprincipled, godless rogue, whereas Mr. Honest was a conscientious, upright, religious… Read More »