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 »
Nifty is currently in a momentum bull market with Index Crossing 10000 and stocks flying as there is more tomorrow. Many traders were asking my Opinion on the current bull market, I am reproducing the below post which I have discussed as part of my Yearly analysis on 20 Dec 2014. Please go through the… Read More »
Story source: Chicken soup for soul. The passengers on the bus watched sympathetically as the attractive young woman with the white cane made her way carefully up the steps. She paid the driver and, using her hands to feel the location of the seats, walked down the aisle and found the seat he’d told her… Read More »
As traders one of the most important but neglected topic is Risk Management. If you want to become a consistent profitable trader risk management needs to be mastered upon. It is what keeps us in the game as traders. During my interaction with traders I am often surprised to find that many traders have no… Read More »