Sharing Few One Liners complied during course of time, I Keep near my trading desk, to keep myself on Track. Let winners run. While momentum is in phase, the market can run much further than might be expected. Do not exit winners without reason! Be quick to admit when wrong and get out of… Read More »
By Mac Anderson. Founder, Simple Truths In 1972, Jim Cathcart was working at the Little Rock, Arkansas Housing Authority, making $525 a month, with a new wife and baby at home, no college degree, no past successes, and not much hope for the foreseeable future. One morning, he was sitting in his office listening to… Read More »
In my Last Article i have highlighted the importance of trading Journal. But what most of new traders do is record their trades over a period of time and keep record on Profit and loss. They fail to realize is that’s just the beginning. Keeping track of your trading performance is much more than just… Read More »
Today we saw the Biggest rally in market after 7 years, Nifty is almost up 411 points from yesterday panic low of 6825. Traders trading without a trading plan and not having proper discipline are bound to make losses in such market, as they are unable to change the sides quickly end up being a… Read More »
Indian Union Budget will be presented on 29 Feb 2016 , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so… Read More »
Trading is a process of continuous learning. If a trader pays close attention to what was done wrong or could have been done differently in past trades, a trader can greatly improve future performance. For example, a trader may notice that most of trades done after1:30 gives profit and done between 10-11 Am are generally… Read More »
1. Ask yourself do you really want to take trading as a profession Do not get excited seeing Big Profit shown on Social media by fellow traders. Do not get excited when someone tell you i am having a system which has 80% success ratio. Well all these can be true but the Million Dollar… Read More »
Bruce Stanley Kovner is the founder and Chairman of Caxton Associates, a hedge fund that trades a global macro strategy and is considered amongst the worlds top and largest 10 hedge funds with an estimated $14 billion under management . In March 2011, Kovner had an estimated net worth of around $4.5 billion On protecting… Read More »
Suddenly, a cockroach flew from somewhere and sat on her. I wondered if this was the cockroach’s response to all the glory that was spoken about it! She started screaming out of fear. With panic stricken face and trembling voice, she started doing jumping, with both her hands desperately trying to get rid of the… Read More »
I receive many mails stating “Bramesh Sir, The performance sheet you give for Intraday and Positional trades do not match with our trading sheet, Sometimes our profit are less than your sheet but overall we are in profit.” I totally agree with the fellow reader that performance will change from trader to trader. It depends… Read More »