” Patience is a virtue which many talk about but few have ” The most common trait of successful and profitable trader, they are patient and wait for right trading opportunity as per their trading system. Many amateur trading never reach the professional level because they “Over Trade” . Most of newbie traders fell more… Read More »
A small town chamber of commerce invited a speaker to address its annual dinner. The community’s economy was bad, people were discouraged, and they wanted this motivational speaker to give them a boost. During her presentation, the speaker took a large piece of white paper and made a small black dot at the center with… Read More »
New traders come to trading excited about learning, and looking for making big money in on small capital. There is rule of 90,90,90 in trading which means “90% traders Blow of 90% of trading capital in 90 trading days”. The majority of new traders can make big mistakes that take their accounts to zero during… Read More »
1) Strategy There are so many different strategies,Find one that fits your personality and do your best to master it. The fastest way to learn is to study success. In other words, find someone who is successful at the strategy you like, and then mimic them with your own style. 2) Confidence If you don’t… Read More »
Bullish Bond We discussed in last Analysis did our 1 target of Rs 170. Bullish Bonds Is listed on BSE (BULL is Ticker ) 540006 is the BSE Code. Bull has done Breakout back by volume and closed above Rs 166 suggesting we are ready for the breakout target of Rs 186 (166+20 (166-146)) I have… Read More »
Look at the history of successful people. There are many who have succeeded in life, without education, money and why, even arms or legs! There are such achievers; but no person has succeeded without self-confidence. In Olympics, why do only a few countries win gold medals repeatedly? Many reasons can be given for this-availability of… Read More »
Successful strategies use highly disciplined trading plans. In the short term, the markets are run by the majority who are reacting to the emotions of fear and greed. It is “comforting” to be moving along with the crowd. That is why the majority do it. But it is NOT profitable. The “majority” do not profit.… Read More »
Here we are at year’s end again, and it’s time to stop trading for a bit and reflect on our past year’s trading performance. With 2018 drawing to a close, many traders are looking ahead to next year in hopes of either replicating their success or starting off with a clean slate. Regardless of their performance… Read More »
Source I was having a great morning until I sat down in front of my office computer. “your password has expired”, a server message flashed on my screen, with instructions for changing it. Coming up with a new code doesn’t seem like a big deal, unless you work at my company, where we have to… Read More »
Trading seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. Enduring trading success is easier said than done, however. Trading experts note that even those traders who achieve early success don’t maintain it. It’s easy to make a series of profitable trades early in one’s… Read More »