As a trader, you don’t have to be super smart, many Doctor Engineer and Scientist who were best in their field have failed in trading miserably and few of my students who have not even graduated have done wonders :). Whats the difference The Successful traders can control their emotions and are mentally very very … Read More »
Source The kind of trader you are will affect — or should affect — your trading strategy. It helps to know your trader type so you can trade effectively and in a way that feels right for you. To determine your trader type, take the following quiz. The quiz Which statement best describes you when… Read More »
Out of a list of 500 pieces that were played frequently by symphonies around the world and were considered to be the “masterworks” in the field, virtually every single “masterwork” was written after year ten of the composer’s career. Not a single person produced incredible work without putting in a decade of practice first. Even… Read More »
“As a trader, you have to decide what is more important—being right or making money—because the two are not always compatible or consistent with one another.” -Mark Douglas Only 2-3% of total traders are profitable in trading on consistent basis. If you are trading without having an edge you fall in category of 95% losing… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 20 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared to… Read More »
May this Dussehra,light up for U.The hopes of Happy times, And dreams for a year full of smiles! Wish U Happy Dasara….. When Someone say I am Full Time Trader what image do you get in your mind. Most of them assume that He is a guy who is stuck to the monitor for the… Read More »
Nicolas Darvas has inspired traders for many generations. His book, “How I Made 2,000,000 in the Stock Market” is one that you’ll find on many recommended reading lists including my own. While some have argued that much of Darvas’ success had to do with lucky timing, his books are still widely read and for good… Read More »
A philosophy professor stood before his class with some items on the table in front of him. When the class began, wordlessly he picked up a very large and empty mayonnaise jar and proceeded to fill it with rocks, about 2 inches in diameter. He then asked the students if the jar was full. They… Read More »
Most of Traders should have gone through this cycle “they start trading, make good money mostly attributed to beginners luck , then all of the sudden they go in cycle of endless stream of losses.” Eventually they end up blowing off their trading account. Today’s article is focused on most common mistakes of traders and… Read More »
Winning traders are accountable and responsible for all their trades. Losing traders are Just Like Arvind Kejiriwal giving excuses for all their losses, They play the victim of algos, market operators and blame the markets for their losses. Winners have a trading plan and mastered trading execution Losing Traders have emotions, ego, and blame. Winners… Read More »