Many novice market trader take Stock Markets for granted and a money spinning machine. They have difficulty facing a cold, hard fact about the stock market: You can’t get rich over a small period of time.When a new traders sees options doing 50-100% in matter of couple of days they get allured towards trading and… Read More »
Source Yashiko was a wealthy samurai warrior in ancient Japan. He cut a fine figure; his armour and sword were of the finest workmanship. His ornaments were of the finest variety: silver, copper, gold and bronze. Even the toggles on his tunic were priceless netsuke: masterfully carved figures of animals, insects, dragons and fishes, made… Read More »
In all my years of trading and talking to fellow traders, I have noticed that newbie traders are susceptible to four main psychological pitfalls. Let’s take a look at each one and examine them carefully. Hopefully, after reading this, you will be able to see them coming and stop them before they destroy your account.… Read More »
Paul Tudor Jones II (born September 28, 1954) is an American businessman who founded Tudor Investment Corporation, a private asset management company and hedge fund. As of March 2014, he was estimated to have a net worth of US$4.3 billion by Forbes Magazine and ranked as the 108th richest American[3] and 345th richest in the… Read More »
As 2016 come to an end and 2017 approaches, it’s an important time for a trader; it’s time for you to make an honest assessment of your trading performance over the last year. The dawning of a new year is the perfect time to set new goals and embark down uncharted paths. Now is the… Read More »
Larry Williams OOPS System methodology was presented in his book, How I Made One Million Dollars Trading Commodities. It is still used by many traders with varying adaptations. OOPS trading System can be used for pattern applicable on hourly, daily, weekly, monthly or yearly. History: Back in 1979 Larry Williams published a description of a… Read More »
In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Before starting the article a small note, If You Really Enjoy my article, Could you please do me a ‘Huge favor’ after you have finished reading today’s lesson. Please click the Facebook… Read More »
Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading.… Read More »
Re-posting an Old Article as we approach the end of 2016 so as to work on our mistakes and make the Journey of 2017 more profitable. The day I started trading I hoped to make lot of money, and ultimate goal of every trader is to trade for a living. My Guru asked me how… Read More »
Using Woodies Pivot Points as Trading Strategy As we have discussed above Pivot is the trend deciding level for a particular day so we can derive 3 basic rules for trading with pivots If the market/Stock trades above the pivot point then the bias for the day is on long side ie.Buying is advisable. If… Read More »