Do traders make money is frequently asked question in my trading seminar? I was very happy to discover that the Forbes Rich List was scattered with investors and hedge fund managers who have profited handsomely despite giving fundamentals a back seat. Here are my favourites from the list:
In Continuation of Part -I Build You should have back tested and trusted trading system, rather than plucking one from the internet. I know it’s very tempting to simply copy the trading system of some (supposedly) successful trader, and it might very well be a very profitable strategy but the fact that it works for… Read More »
How to become a profitable trader has far more to do with mindset than with a specific trading strategy. In fact, no trading strategy can be profitable if a trader has the wrong mindset. Today we will discuss How traders can optimize their trading mindset Trading Goals This really is the kind of principle that… Read More »
Its all about training your mind, See the video below and try to connect with your trading.
Trading is a profession where even if you are having 10 years of experience but still you might be losing money. So what are the qualities of loss making traders, If you are having any of them, Beware !! Get your act together and get rid of these bad habits. Loss Making Trader do… Read More »
Last week we gave Chopad Levels of 8221 , Nifty did 1 target on downside and 1 target on upside rewarded Chopad followers on both sides. Lets analyze how to trade market in coming week. Nifty Hourly Chart Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8200 is not broken… Read More »
There are certain characteristics of the markets that take place almost all the time, when the indexes are about to approach an intermediate or long-term top or long term bottom. In order of importance, this is what you have to look at to identify market tops. Time Sentiment or Investors Expectations Market Breadth Price patterns… Read More »
We accumulate information. We learn by buying books, asking questions, going to seminars and researching what really works in trading. We begin to trade with our new-found knowledge. We make profits only to give it back very quickly, realizing that we may need more knowledge or information. We accumulate more information. We switch the stocks… Read More »
Traders who trade financial markets should also know when to stay out or not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part of trading plan .Wait for opportunity to come think of Sachin he does not hit… Read More »
Its been a roller coaster rise from past few trading session and many traders asked me “Can money be made in trading ?” Let me try to answer the same. Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big traders… Read More »