“Good trading is 10% technology and 90% psychology. People defeat themselves. It doesn’t matter how often you repeat basic trading principles when almost no one will practice them.” (Maoxian) People lose money at the stock market for very simple reasons: They don’t have a method at all. They rely on other people opinions. People don’t… Read More »
As per Weekly Technical Analysis for 9 November (Click on Link) we have discussed the possibility of heading back to 4720 and breaking the levels again with a simple Logic of 200 and 50 DMA. You can read the full post by clicking on above link. My article for MACD have been published in Futures… Read More »
Over the years, I have seen several people (including myself) lose fortunes while trading sucks, and I’ve found that invariably, it would be for the same reasons. Such reasons appear mostly psychological and occur often in the trading scene. It is a known fact 80% of traders lose money and 20% makes profits on the… 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 there is some commonality in certain trading situations. In fact, by doing a postmortem… Read More »
As a sportsman(So too as a trader), you’ve got to realize that it’s not the end of the world if you lose one game or more..You should get down to basics and play every point on its merit. The moment you sit down to differentiate the first point from the last, emotions take over. Now,… Read More »
The Indian government has announced that it would borrow an additional Rs 53000 Cores from the market. This would take the total government borrowing for the fiscal year higher by almost 13% from the budgeted Rs 4.17 trillion to Rs 4.7 trillion. If you think Interest rates are Peaked out the above news give more… Read More »
Every trader need to Identifying his Strengths and Weaknesses Trading requires as much honesty as is objectively possible. To be able to go over each trade and determine what you did right and what you did wrong requires putting ego aside for the benefit of becoming a better trader. You have to be able to… Read More »
Trading psychology contributes about 60% to success and position sizing contributes another 30%. Furthermore, most traders ignore the first two areas and don’t really have a trading system. That’s why 90% of them fail. First, I would argue that trading psychology accounts for 100% of success. Why? This conclusion is based on two findings. First,… Read More »
India Declared its GDP yesterday and it was the slowest in past 18 months.Given the way Stock Markets are falling in August one got reminiscence of 2008 Crash and pain the investor went through. Now Given the way things are panning out in Europe and USA we can have 3 Outcomes 1. Slow Growth 2.… Read More »
Bears Ruling Dalal Street with Nifty crashing to the most talked and Sacrosanct Level of 4800. I have came across many traders who have lost a fortune while trading and few people who made a fortune. Trading is a profession in which you require a Army like discipline and a peaceful mind with temperament. 90%… Read More »