What a difference an idea makes! In his book, Brainstorming: How to Create Successful Ideas, Professor Charles Clark writes: “You will see the difference an idea makes in the men and women who move ahead. You will see it in the products which make sales records. You will see it in the business which prospers.… Read More »
In Continuation with Previous Article Introduction to Bollinger Bands Bollinger Band Trading Strategies Bollinger Bands to identify tops and bottoms Trend Following Bollinger Bands to identify tops and bottoms Bollinger Band can be sued to identify potential tops and bottom in the stock/ETF. Following 3 points should be kept in mind to identify potential… Read More »
During my Initial days of trading My Guru emphasized me to the stick to my trading plan in order to become profitable in the long run. Coming up with a trade plan is the easy part, sticking to it is easier said than done. During my Coaching Session most of students have confessed they cannot… Read More »
During a research experiment a marine biologist placed a shark into a large holding tank and then released several small bait fish into the tank. As you would expect, the shark quickly swam around the tank, attacked and ate the smaller fish. The marine biologist then inserted a strong piece of clear fiberglass into the… Read More »
Gambling and excitement The trader is trading the markets for excitement and for fun, rather than for profit; much the same as most people who play in the casino. Solution If your goal is purely to have fun and to create excitement, then you need to accept the fact that profitability is unlikely. If you… Read More »
It is very important that you understand the amount of capital required to trade the markets. You want to have the ability to continue to trade the markets for the next year to twenty years without being wiped out. Most traders have no capital trading plan, use fear and greed to trade by, and over… Read More »
A young woman went to her mother and told her about her life and how things were so hard for her. She did not know how she was going to make it and wanted to give up. She was tired of fighting and struggling. It seemed as one problem was solved a new one arose.… Read More »
Biggest misconception of Retail Trader I found during my trading session I am a trader so I should trade. Well, this is the biggest mistake a trader can make. The trader’s job is not to trade but trade right based on trading strategies he has mastered on during the course of time. Trading is a… Read More »
By Rande Howell “I don’t understand myself at all. I know what I am supposed to do. But that’s not what I do. Instead, at the moment I need to be disciplined, I get rattled and do exactly what I’m not supposed to do and that’s what I keep doing. I know the trading… Read More »
A long time ago in China, a girl named Li-Li got married and went to live with her husband and mother-in-law. In a very short time, Li-Li found that she couldn’t get along with her mother-in-law at all. Their personalities were very different, and Li-Li was angered by many of her mother-in-law’s habits. In addition,… Read More »