Source: Korean fable Once upon a time, a young wife named Yun Ok was at her wit’s end. Her husband had always been a tender and loving soulmate before he had left for the wars but, ever since he returned home, he was cross, angry, and unpredictable. She was almost afraid to live with her… Read More »
The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future. Surely many new traders analyze data announcements, or economic reports with the goal of buying cheaply before prices may run up, or selling ‘expensive’ before prices move lower; but those… Read More »
Source Looking at Mirror One day all the employees reached the office and they saw a big advice on the door on which it was written: “Yesterday the person who has been hindering your growth in this company passed away. We invite you to join the funeral in the room that has been prepared in… Read More »
If you’ve been trading for a long time, you no doubt have felt that a monstrous, invisible hand sometimes reaches into your trading account and takes out money. It doesn’t seem to matter how many books you buy, how many seminars you attend or how many hours you spend analyzing price charts, you just can’t… Read More »
Step 3 – The Eureka Moment Towards the end of stage two you begin to realize that it’s not the system that is making the difference. You realize that it is actually possible to make money with a simple moving average and nothing else IF you can get your head and money management right. You… Read More »
Trading has been a heck of a journey for me. I came in for the money at first and now after all these years I’m still in but my motives have changed, I’m in for the game. Trading has been a long journey of self discovery for me, something I never even thought I would… Read More »
Only six percent of the people who attempt to become professional traders actually succeed. Why do most fail? Lack of passion When people come into the world of trading many think that they only need to learn a strategy and follow the rules of that strategy. And, there are some people who actually do this… Read More »
By Vasanthi Hariprakash. I saw the driver trying to catch a glimpse of me in the rear-view mirror. It was around 7 in the morning. At the apartment in Hauz Khas where I had been staying in Delhi for the past few days, I was all set to head home to Bangalore, my suitcase packed.The… Read More »
During our training sessions with students we are very specific to make them understand you have lost money not because of market but the main reason is Your brain doesn’t like to lose.Its all there in your subconscious mind which is responsible for profit and loss for a trader. Brain remembers everything. How you trade… Read More »
I was parked in front of the mall wiping off my car. I had just come From the car wash and was waiting for my wife to get out of work. Coming my way from across the parking lot was what society would Consider a bum. From the looks of him, he had no car,… Read More »