When I started trading back in 2000, like most novice, traders I was actually gambling. I was luck that I found my Trading Guru who helped me in this difficult journey. Traits of a gambler: I did most of this in my early days so speak from experience Failing to follow strict money management… Read More »
By Rahul T We are all numb nuts. Including me. And the best part – We don’t know that we don’t know. It’s called ‘Dogmatism’ – an unshakeable belief that we know something to be true even if we don’t. It’s difficult to accept, I know. So let me take you on a wild goose… Read More »
Source Some people find fault like there is a reward for it. – Zig Ziglar. The boss was visibly upset as he spoke to his assistant, “Ms. Gomez, you know I have an important meeting this morning, but you were not here. Why were you late?” Frantic, Ms. Gomez blurted out, “Sir, I was so… Read More »
Overview The Average True Range (“ATR”) is a measure of volatility. It was introduced by Welles Wilder in his book, New Concepts in Technical Trading Systems in 1978, and has since been used as a component of many indicators and trading systems. The average true range indicator is an oscillator, meaning the ATR will oscillate… Read More »
Happy Dussehra. May Lord Ram’s blessings be showered on you. A day of celebrations of good over evil. We celebrate “Ram’s victory over Ravan”. And it happened thousands of years ago. And we continue to do celebrations and stopped at that. Only a handful have gone on to fight the good fight to overcome the… Read More »
– Source Alex Green. I owe it all to her while my mother wasn’t a stay at home mom, she was certainly the rock that held our family together and kept me on the straight and narrow. She convinced me to save my money earned at my high-school job, and to do my homework and… Read More »
Its been a roller coaster rise from past few trading session and many traders asked me “Can money be made in trading ?” Let me try to answer the same. Some general reason why traders loose money Taking excessive risk in relation to their trading account When you take excessive risk in relation to… Read More »
It was nightmare for most of the traders on Friday. Indeed it was the Black Friday, proved to be unlucky for many more traders. Considering Thursday’s upward journey, traders remained in long trade and found themselves safe from unlucky 22 Friday. Considering strong up move many more had cut their shorts and taken long and… Read More »
In an ancient Indian epic, Arjuna, a famed warrior questions his divine charioteer, Krishna, about the noblest giver in the land. “Karna is without doubt the finest example of generosity in the kingdom,” Krishna informs him. The answer irks Arjuna. Karna is one of his biggest rivals on the battlefield. He frowns deeply and says… Read More »
If you want to be a consistent profitable trader in the long run there are THREE elements of trading that you must have in place.These THREE elements which we will discuss are like 3 chairs of stool if you do not follow anyone of them you are bound to fail. A Robust Backtestested and Trusted… Read More »