Introduction: In the quest for trading success, the ability to navigate the complexities of the financial markets is paramount. Traders employ a variety of analysis techniques to gain an edge, with two critical methodologies being technical analysis and mental analysis. This article aims to decode the path to trading success by exploring the significance of… Read More »
Successful trading requires a combination of knowledge, skill, and the right mindset. While technical analysis, risk management, and market understanding are crucial, one often overlooked factor that can hinder trading success is ego. Ego refers to a person’s self-perception, confidence, and pride in their abilities. Unfortunately, when it comes to trading, ego can be a… Read More »
It was the day after Valentine’s Day, 1998. Sengar had just been received at the Guwahati airport by the unit’s escort team. At 5’6” and 52 kgs in weight, you could easily mistake him for the a postgraduate student at Guwahati University. Sengar was re-joining the unit in active operations in the North East –… Read More »
While the other stories talked about how the personalities reached heights by surviving the hard times, Narayanan Krishnan’s story in our list of inspirational stories about hard times is a different one. It is an inspirational story about hard times and how one can help others in their hard times. This story is a tale… Read More »
Have you ever found yourself trapped in a cycle of losses while trading? Does it seem impossible to hit the brakes and step away from the screen when your daily loss limit is reached? If you’re nodding your head, you’re not alone. Many traders face this common challenge, and it can be mentally and emotionally… Read More »
Trading in financial markets can be an exciting and potentially lucrative endeavor. However, success in trading requires more than just knowledge and skills. It also demands the cultivation of good habits and the avoidance of detrimental behaviors. In this article, we will explore the bad habits that traders often fall prey to and discuss strategies… Read More »
Introduction: Benjamin Franklin’s Path to Success Benjamin Franklin, the youngest son among 17 siblings, was born into a family of limited means. With his father being a poor candle-maker, Franklin did not have the luxury of early opportunities bestowed upon him. However, his relentless determination and self-made spirit led him to pave his own path… Read More »
Unsuccessful traders are obsessed with market and data analysis. They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying create (the illusion) of certainty where it just doesn’t exist.… Read More »
The allure of the trading world has captivated many individuals over the years. It offers the promise of financial independence and the excitement of participating in global markets. However, trading can be a double-edged sword, especially when it comes to excessive trading. In this article, we delve into the views of Jesse Livermore, a legendary… Read More »
Have you ever looked back on the start of a big trend and wondered why you failed to see and take advantage of it? It’s not every day that we see a big trending move in a single direction.Consistently profitable traders know that when these opportunities do come, you must be prepared to make the… Read More »