In July of 2009, 64 year old Martin Hickman lost 200,000 British pounds (approximately $333,000) in a single day trading on the London Stock Exchange (the FTSE). Hickman told The Telegraph (U.K), “I was going to be a househusband, take care of the dogs and do a little trading on the side. Then things escalated… Read More »
One of the main reason for not having consistency is Trading, just because we are itching to do something. Traders just want to be in trade at any cost. Our eyes should be focused on the future, and that is what trading is all about. Following a strategy that beats the market “over time,” and… Read More »
Regrets are fine to have as long as you act on them. Here is a list of common regrets that traders have had over the years and if you can identify them and work to avoid them going forward you can begin to see real progress in your trading results. “I did exactly the wrong… Read More »
How to Prepare for a trading day After the trade is completed 4 Things can happen Trade went into Loss Trade Hit SL and went up and Hit your target Trade was draw no profit no loss. Trade was profitable and you made money. A winning trade is almost worse than a losing trade due… Read More »
Raj had been watching the Nifty futures all morning, waiting patiently for a trade. Finally,Nifty came near His entry levels based on his trading system. He looked carefully at the price action he used to qualify his trades. Everything met his criteria. Price had turned bullish and signaling long should be taken. “There’s no flaw… Read More »
Source When a great Sufi mystic, Hassan, was dying, somebody asked, ‘Hassan, who was your Master?’ He said, ‘Now it is too late to ask. Time is short, I am dying.’ But the inquirer asked, ‘You can simply say the name. You are still alive, you are still breathing and talking, you can simply tell… Read More »
Years of my interaction with traders , I’ve realized that most of the traders do not have proper mindset for trading. Its a difference between a Champion and Normal Sportsman. Mindset make such a major difference, and most traders have gambler mindset till the time trade and when they lose out all blame market .… Read More »
You are not trading, you are fooling yourself Although 70% of all traders quit within 2 years, 30% don’t give up on their dreams of living from their trading performance, whereas only 1% of all traders can trade profitably at all. These statistics tell us that there are thousands and thousands of ‘traders’ losing money… Read More »
Jubilant Food Positional Traders can use the below mentioned levels Close above 1008 Target 1021/1042 Intraday Traders can use the below mentioned levels Buy above 998 Tgt 1004, 1015 and 1021 SL 993 Sell below 985 Tgt 979,970 and 960 SL 990 India Cement Positional Traders can use the below mentioned levels Close above… Read More »
Contributed By Rakesh There are 3 Key elements to good trading money management: 1. Trading Capital For every winner in trading there is a loser, this being so, you should consider trading as a battle and to fight the battle you need ammunition. Your trading capital is the most important part of your trading, if… Read More »