All traders should have a good trading plan. One of the worst bad habits a trader can have is trading impulsively and without any guidelines. Traders who take the time to make a trading plan are much more likely to succeed, but even with a plan in place we can develop bad habits. A trader… Read More »
Oseola McCarty spent a lifetime making other people look nice. Day after day, for most of her 87 years, she took in bundles of dirty clothes and made them clean and neat for parties she never attended, weddings to which she was never invited, graduations she never saw. She had quit school in the sixth… Read More »
Voltas Positional Traders can use the below mentioned levels Close above 330 Target 343/356 Intraday Traders can use the below mentioned levels Buy above 327 Tgt 331, 336 and 341 SL 324 Sell below 323 Tgt 320 ,317 and 311 SL 326 Century Textile Positional Traders can use the below mentioned levels… Read More »
People will go to great lengths attempting to avoid discomfort. And as traders, much of what we do is in response to being uncomfortable. This is an extremely critical concept to understand and explains many trading problems and mistakes. The problem is not in being uncomfortable per se, the real problem is that our efforts… Read More »
The New Market Wizards 1. I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time. 2. I basically learned that you must get… Read More »
As we approach the end of 2016 as a trader its prudent to reflect on the mistakes you have done and make sure those mistkes are not repeated again in coming new year. Regrets are fine to have as long as you act on them. Here is a list of common regrets that traders… Read More »
Source ” The best way of evading the fire of hell lies in feeding the hungry , providing water to the thirsty , removing the wants of the needy and befriending the miserable .”- Sufi. In 1987, a 74-year old rickshaw puller by the name of Bai Fangli came back to his hometown planning to… Read More »
Many times during your trading you would have not followed your trading plan and made loss. As a trader you Know following my trading plan is only Key to my trading success but still you fail to follow your trading plan. Lets understand today what stop us from following our trading plan and how can… Read More »
Self-Confidence plays a vital role in trading success. I want to share a few things that helped me develop a winning and positive mindset. As a trader 3 vital things which every trader should focus on are mentioned below Burning Desire – Market will test your will power, Its a school of hard knocks and if… Read More »
I arrived at the address and honked the horn. After waiting a few minutes, I honked again. Since this was going to be my last ride of my shift, I thought about just driving away, but instead I put the car in park and walked up to the door and knocked. ‘Just a minute’, answered… Read More »