When Chris Gardner talks about homeless people, his words resonate; he has walked in their shoes. He knows what it’s like just trying to survive. “Remember these are still people,” he says. “They are not invisible. They each have a story.” In his lifetime, the successful against-all-odds stockbroker who inspired the Academy Award-nominated The Pursuit… Read More »
In Continuation with Previous Article Lack of Patience Trading is game of waiting, its Like Lion going for His KILL. If Trader has Lack of Patience big profit will not come and if Big profits do not come long term sustainability is not possible. Its a well known thing markets trend only 20% of the… Read More »
Why Do Traders Lose? This study showed that less than 2% of traders were profitable net of all fees. In fact: 40% of day traders quit within a month 87% of traders quit within 3 years 93% of traders quit within 5 years All sorts of reasons are given for it, such as money management,black… Read More »
Arvind Intraday Traders can use the below mentioned levels Buy above 364 Tgt 368, 372 and 376 SL 361 Sell below 358 Tgt 354,351 and 346 SL 361 ZEE Intraday Traders can use the below mentioned levels Buy above 516 Tgt 521, 525 and 530 SL 513 Sell below 510 Tgt 506.5,501 and 492… Read More »
On his first day in office as President, when Abraham Lincoln entered to give his inaugural address, one man stood up. He was a rich Aristocrat. He said, “Mr. Lincoln, you should not forget that your father used to make shoes for my family.” And the whole Senate laughed; they thought they had made a… Read More »
BEL Intraday Traders can use the below mentioned levels Buy above 1285 Tgt 1292, 1301 and 1320 SL 1278 Sell below 1270 Tgt 1263,1252 and 1244 SL 1276 I BUlls Housing Positional Traders can use the below mentioned levels Close above 866 Target 898/910 Intraday Traders can use the below mentioned levels Buy above… Read More »
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 »