If only humans were more like machines. In theory, the ultimate trader would act like a robot, analyzing market data with unfailing accuracy, devising a trading plan, and executing it without flaw. But does trading work that way? Trading is more art than science. Without an intuitive grasp of the markets, it’s difficult to successfully… Read More »
Source There was a rich couple who was throwing a big new year party at their house. So they went shopping at the market where everything was of high cost and fixed price. They wanted to maintain their level of standard so didn’t mind paying for it. After purchasing all they needed, they called a… Read More »
Source: Rabbi Paysach Krohn, a popular lecturer and best-selling author of the ArtScroll Maggid series of short stories At a fundraising dinner for an American school that serves learning disabled children,the father of one of the students delivered a speech that would never be forgotten by all who attended. After extolling the school and its… Read More »
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 vast majority of traders are gamblers, maybe the majority of market participants are in fact gamblers. The traders that are gamblers trade with no plan and without understanding the odds are stacked against them. Whether it is buying far out of the money options with no method for profitability or randomly chasing stocks on… Read More »
I would love to tell you a story. It needs to be told thousands and thousands of times because each time you will find some new fragrance, some new sweetness, some new height, some new door opening, some new sky with new stars. And there are skies beyond skies. I used to live in a place…I… Read More »
During my trading session when I talk to my students reasons for losing trades , I noticed a pattern that seems to pop up pretty often when talking about losing trades. As it turns out, more and more traders are losing their trades and even getting their accounts blown up by trying to short at… 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 »
All those talks about proper money management and follow your trading plans are not secret to day trading success. They are principles to keep you out of trouble only. They are similar to what kindergartens teach the kids so that they would not do stupid things to harm themselves. The real secret to day trading… Read More »
– Oh! Mind Relax Please by Swami Sukhabodhananda. We pray to God. But most often, what is the quality of our prayers? ‘Oh God! My wife is not good. Change her character. My children are not okay. Change their behavior! The next-door neighbor is a brute. He is always fighting with me for nothing, please… Read More »