Trading is the most difficult profession in the world, especially if you’re trading for a living. If it was always easy, everyone would be doing it and making millions sitting comfortably in their offices. No matter how simple, powerful, and proven a great trading system is, there are always going to be times when your… Read More »
Over many years of trading, I’ve found certain principles to be true. Whenever I find myself under stress, when market whipsaw me, I pull out these basic trading principles and review them. Don’t Try to Predict the Future When I started trading I used to think that there were experts and geniuses out there who… Read More »
In Continuation With Last Article Ranging Markets Set overbought and oversold levels based on observation of past price behavior. Go long when Detrended Price Oscillator crosses below and then back above the oversold level. Go short when Detrended Price Oscillator crosses above and then back below the overbought level. Trending Markets Only trade in the… Read More »
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 »
I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a diligent person can learn the basics of trading in a couple months. The long answer is that it can take a lifetime… Read More »
By AJ What makes top traders stand out from the crowd and achieve results that for the most are just behind imagination? The key to success is being mentally tough What does it take to be mentally tough? There are three qualities for traders who say they want to perform at the highest levels. 1) Be Ambitious Can… Read More »
As a Trader we are “hard-wired” to do all the wrong things till we have not trained our mind. You will always look for the easiest way to make money but unfortunate its turn out to be the easiest way to lose money. During my trading session I ask my students to sit down and… Read More »
Girish Gogia has faced enormous challenges. A freak accident left him paralysed neck down. A few years later his wife was diagnosed with multiple sclerosis and she too was paralysed. Against all odds, this man restarted his business and set out on a journey to become a motivational speaker to others. “Doctor, I appreciate your… Read More »
In day trading, the big emotions can take over and mess up your strategy and your returns. The enemies are doubt, fear, and greed; like any bullies, they have their toadies, including anger, anxiety, boredom, and depression. Doubt: Day traders have to act fast to place their buy and sell orders. There isn’t time to… Read More »
Bharat Forge Positional Traders can use the below mentioned levels Close above 760 Tgt 784/810 Intraday Traders can use the below mentioned levels Buy above 760 Tgt 767,778 and 790 SL 754 Sell below 745 Tgt 735,725 and 713 SL 750 Reliance Positional Traders can use the below mentioned levels Holding 987 Tgt 1008/1021… Read More »