Source by Paul B Farrell, JD, PhD Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another… Read More »
I read this amazing true story of Lata Bhagwan Khare. Great willpower. Lata Bhagwan Khare, a 65 year old resident of an small village in Buldhana district in Maharashtra, survived by her 3 daughters and husband. She and her husband worked very hard throughout their lives and married off their 3 daughters. All the small… Read More »
Mindtree Positional Traders can use the below mentioned levels Close above 472 Target 484/500 Intraday Traders can use the below mentioned levels Buy above 472 Tgt 475, 480 and 484 SL 468 Sell below 466 Tgt 463,459 and 455 SL 470 Bank Baroda Positional Traders can use the below mentioned levels Close above… Read More »
Mental Toughness in Trading In my opinion, day trading is top on the list of mentally stimulating professions. It requires a mental toughness unparalleled by any other business. For example, the influx of emotions and sensations felt by someone in a short-term trade can bring on fear stronger than that of certain death, or a… Read More »
Source Do you remember the name of your kindergarden teacher? I do, mine. Her name was Mrs.White. I don’t remember much about what we learned in her class, but my mother once told me that we used to write a lot. And I would bring back what I wrote and she would look at it… Read More »
There is a big difference between the Winner and Loser, and the difference does not lie in the way they choose their indicators or how they define entry signals. Difference lies in the MINDSET of a trader. As a trader we might have a dull period when our trades not go in right direction, same… Read More »
Recently During my training session trader asked me the following question: How to cope and manage the stress that comes with trading. I have been able to cope with the stress for a while now, but in times of market volatility I have more trouble with dealing with stress and it spilling over into my… Read More »
To achieve the impossible dream, try going to sleep…Joan Klempner Healthy Body keeps an Healthy Mind. Traders are notorious for having bad sleep habits. Many stay up into the early hours of the morning watching, studying or trading overnight, then struggling to stay awake during the day to trade the regular session. To trade well… Read More »
Source Intelligence Manual Skills Physical Fitness Creativity Critical Thinking If I were to make a top 5 list of the traits that are traditionally seen as MVTs [most valuable traits], you’d probably see those 5. One or two might be switched out, but a lot of people talk about those 5 traits but consistently… Read More »
India Stock market are going through a Bull phase and is the best performing market for 2017. As market keep rising every day many traders are getting attracted towards it making fast bucks. Today we are discussing the thought process of new trader and the corrective steps which traders should start implementing before their trading… Read More »