Does it sound familiar I am very poor at taking loss when a SL is hit,and exit quickly as soon as profit is seen on my trade.You tell yourself you’ll get out as soon as SL is triggred, but just before getting stopped out you decide to hold onto the trade and let the loss… Read More »
By Rahul Who is an average trader ? The majority of people fall into this ‘average trader’ category. Basically, they seem to think that trading is easy and for whatever reason they buy a stock, the stock’s immediately going to go in their favor. Heaven forbid they actually are successful, because now that reinforces that… Read More »
During a research experiment a marine biologist placed a shark into a large holding tank and then released several small bait fish into the tank. As you would expect, the shark quickly swam around the tank, attacked and ate the smaller fish. The marine biologist then inserted a strong piece of clear fiberglass into the… Read More »
BEL Positional Traders can use the below mentioned levels Holding 1211 Tgt 1263/1314 Intraday Traders can use the below mentioned levels Buy above 1236 Tgt 1250,1264 and 1280.5 SL 1230 Sell below 1226 Tgt 1224,1213 and 1200 SL 1230 DHFL Positional Traders can use the below mentioned levels Close above 238 Tgt… Read More »
Its a well know fact the failure rate of traders is extremely high. 97% of Traders fails in trading. Lets look at reason in this 2 part series article why most of traders fails which we can use as an input in improving our skill set and get into top 3%. Thinking Trading is easy… Read More »
In Continuation with previous Article 26. In trading as in fencing there are the quick and the dead. 27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success. 28. Dream big dreams and think tall. Very few people set goals too high. A man… Read More »
Tested Classic Stock Trading Rules by Linda Bradford Raschke 1. Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t take the market home. 5. Continually set higher trading goals. 6. Successful traders buy into bad news and… 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 »
Once a fisherman was sitting near seashore, under the shadow of a tree smoking his beedi. Suddenly a rich businessman passing by approached him and enquired as to why he was sitting under a tree smoking and not working. To this the poor fisherman replied that he had caught enough fishes for the day. … Read More »
Trading can be a lot like gambling if you let it be so. How can trading be gambling? Many of my Students have one thing in Common “I make money in the morning, but I lose money in the afternoon.” As I sit and talk with those types of students, I often find that they… Read More »