Any quick drive through Goa Casino makes it pretty clear who is making in the money –the Casinos! Why do gamblers keep going back despite losing most of the time? Big hope of making good money in extreme short term. No Plan, Not understanding probabilities Not knowing when to Stop gambling Gambling based on Gut… Read More »
India Stock market are going through a Bull phase and is one of the best performing market for 2023. As market keep rising every day many traders are getting attracted towards it making fast bucks. Today we are discussing the thought process of new trader and the corrective steps which traders should start implementing before… Read More »
On a cold winter morning, a woman was walking down the street when she spied a beggar sitting on a bench. The man was elderly, unshaven, and ragged. As he sat there, pedestrians walked by him giving him dirty looks they clearly wanted nothing to do with him because of who he was — a… Read More »
June 2023 Expiry is coming to an end, Have a look at your ledger and see were you able to make profit for the series. If yes Well and Good If no ask yourself the following questions: 1. Do I treat my trading like a business? Have I prepared for it the way I would… Read More »
Amateur Versus Professional Stock Trader Rules are what separate a day trader from a professional trader. The only good time to break a rule is never. Barriers are made to be broken not rules, you can have one or the other not both. The most important rule. A trader must create their own rules. They know… Read More »
Emotions play a significant role in the world of trading. Fear, greed, and uncertainty can influence decision-making and potentially lead to poor trading outcomes. Professional traders understand the importance of emotional control and have mastered techniques to manage their emotions effectively. In this article, we will explore valuable insights from professional traders on how to… Read More »
Confidence is trait which a trader needs to develop to make money on consistent basis. Trading success is achieved when trader is able to execute trades confidently and overcoming trading emotions. Traders can develop confidence in long run when they have a back-tested strategy on whom they trust without any doubt, a trading plan to… Read More »
“One day, the sage gave the disciple an empty sack and a basket of potatoes. ‘Think of all the people who have done or said something against you in the recent past, especially those you cannot forgive. For each of them, inscribe the name on a potato and put it in the sack.’ “The disciple… Read More »
When I have a string of losses I pause and reflect and ponder if it is me trading badly or just the market environment not being conducive to my trading method. Here are 10 questions we will do well to ask ourselves at times when we seem to be out of synch with the market.… Read More »
Introduction In the fast-paced world of financial markets, traders are often faced with high-pressure situations that can evoke a range of emotions. The decision-making process in trading should ideally be driven by objective analysis and rational thinking. However, emotions can significantly impact traders’ judgment and lead to detrimental outcomes. This article explores the dangers of… Read More »