Subjective: Based on or influenced by personal feelings, tastes, or opinions.Proceeding from or taking place in a person’s mind rather than the external world. Subjective traders they are intertwined with their trades.Their signals are generally entering out of greed and exiting based on their own internal fear. The believe in their opinions more than the… Read More »
Look at the history of successful people. There are many who have succeeded in life, without education, money and why, even arms or legs! There are such achievers; but no person has succeeded without self-confidence. In Olympics, why do only a few countries win gold medals repeatedly? Many reasons can be given for this-availability of… Read More »
The Bitter truth abut trading enemy is: You are your own worst enemy in trading, as its you who make the one making decisions and your emotions are usually getting in the way and you are your own worst enemy. If you’re a trading junkie, you’re going to be reading a lot of books, taking… Read More »
How do you feel when the trade you made went against you and you need to incur loss. The first thought an amateur trader will have is “This was not supposed to happen!”. There was no way it could work against you. After you have booked loss comes the most testing time for trader:Ideally a … Read More »
Lets try to correlate Stock market with one of the famous childhood story of SIX Blind men and Elephant, Story goes something like this Once upon a time, there were Six blind man. Once They heard someone talking about elephant which make then curious what exactly is an Elephant. To satiate themselves they took a… Read More »
It is the ability to accept the occasional trading loss that can be a key factor in whether or not you become a profitable trader. I am not saying trading losses are encouraged; but how you handle losses may significantly affect your degree of trading success. Refusing to tolerate and properly handle trades that don’t… Read More »
The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »
The story of Panyee FC This five minute short film tells the true story of how Koh Panyee, Thailand, built their own floating football field in 1986, and established one of the best football teams in the country. The story of Bethany Hamilton One of the most heart touching inspirational stories is the story… Read More »
In Continuation of previous Article Secrets of Profitable Traders Part-1 1. Passion and Fire to Keep going The most successful traders are passionate about what they do. They love trading however taxing it might become and they are ready to put lot of hard work.With such a trader, you will find that the trader enjoys the… Read More »
Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities. Today lets discuss the Qualities of Top trader. 1. Discipline Without discipline, none of the other qualities matter. It is possible for any trader to invest… Read More »