If you want to be a winner trading in the long run there are THREE elements of trading that you must have in place. If you do these three things you can not lose in the long term, if you are missing one you will likely not last very long as an active trader. These… Read More »
Everyone makes some sort of New Year’s resolution. And, 90% of them fails at following them for very long. The problem with such resolutions is, they are made because you already have trouble sticking to them, so one more promise is not going to change things for very long. But if this year was different,… Read More »
As the finale of 2015 approaches, we are each presented with an opportunity to reflect back while looking towards the future. The dawning of a new year is the perfect time to set new goals and embark down uncharted paths. Now is the time to plan your Resolution. What are our top trading resolutions for… Read More »
In my decade-plus of working with both markets and traders, I’ve seen many things change and just as many things remain the same. Markets continually change, traders never do. Or at least we should say, human behavior expressed by traders never does. One of the most important things we can do for ourselves (which no… Read More »
Trading losses can end a career in a matter of a day, an hour, or in extreme circumstances even a few minutes. Here I outline some of the ways I have dealt with losses in the past and how I got over the hump. 1. Stop Trading Immediately – Pull your hands off the… Read More »
A frequent mistake most of trader do is to focus on making money. If a trader is not profitable which 0% of traders are , the primary focus must be to first stop the bleeding. I know we all come to trading with ideas of making money, and of course, that is the goal, but… Read More »
About 6 months ago, I joined a gym. Every morning, there is one personal trainer there that works out at the same time that my little group does our workout. He does his “routine” with such a quiet determination that he makes it all look very easy; although I know all too well how hard… Read More »
With my Experience as Trader and also as I ahve discussed many time TRADING IS DONE VIA SUB CONSCIOUS MIND , My GURU emphasized on me NOT to use the below Words when am doing my technical studies or trading as they become road blocks for becoming a Successful Profitable trader. “The market should have”… Read More »
Trading discipline means controlling impulses and controlling emotions. When You are Trading based on emotions, loses are the Only result. But Why maintaining Trading discipline is often easier said than done. Usually the first problem arises when the markets are between market trends. Possibly you had a nice profit during a rally, but now the… Read More »
At a raising money supper for a school that serves youngsters with learning incapacities, the father of one of the understudies conveyed a discourse that would never be overlooked by all who went to. In the wake of praising the school and its devoted staff, he offered an inquiry: ‘At the point when not meddled… Read More »