Source: When you are sinking, Become a submarine by Pavan Choudary. First they ignore you, then they ridicule you, then they fight you and then you win. – Mahatma Gandhi. Never underestimate jealousy. Face it. Even your best well-wishers perhaps do not want you to do better than them. Few men have the strength to honour a friend’s success… Read More »
Trading can be a highly rewarding endeavor, but achieving success in this competitive field requires knowledge, skills, and a well-defined strategy. Whether you’re a novice trader or looking to take your trading career to the next level, this comprehensive guide will provide you with valuable insights, proven strategies, and essential tips to help you achieve… Read More »
If one were to list the reasons for quarrels among couples, it is not money mindedness that would top the list! The Words! Words that dissolve into thin air the moment they are uttered are the main reason for causing bitterness in a relationship between a husband and wife. Just a few words have dragged some couples to courts! Mere words… Read More »
The Importance of Execution in Trading Executing trades is the process of entering or exiting positions in the market. It involves making quick and informed decisions based on market conditions, news events, and technical analysis. Poor execution can result in missed opportunities, slippage, and higher transaction costs, which can negatively impact a trader’s performance. For… Read More »
As a trader, it’s common to have hope for a profitable trade. However, hope alone is not enough to ensure success in the long run. Trading without a solid plan can lead to emotional trading, unrealistic expectations, and ultimately, losses. In this article, we will explore why hope is not enough in trading and how… Read More »
“Please, Daddy, please? Can we open our presents from you now?” It was the third night of Hanukkah and my wife Eleanor, our three young children, and I had just come home from a holiday party. “Didn’t you guys get enough presents at the party?” I asked. Dumb question. “OK,” I relented. “Go ahead.” They… Read More »
Habits of Winning Traders If you want to succeed as a trader, you need more than just a winning strategy. The most successful traders have certain habits that set them apart from the rest. In this article, we’ll explore the habits of winning traders and provide tips on how to implement them in your own… Read More »
Investors, market timers, and traders all experience fear in varying degrees. Whether it’s an unexpected market crash, a sudden drop in stock prices, or news of a geopolitical crisis, the queasy feeling in your stomach is real. However, the key to success in profitable market timing and trading is how well you manage your fears… Read More »
As a trader or investor in the stock market, it is crucial to understand how our emotions and psychology can influence our decisions. One of the most common biases observed in the market is the disposition effect. This phenomenon describes the tendency for traders to hold onto losing positions for too long while quickly selling… Read More »
Professional traders trade to make money for a living. There are a lot of traders out there that strive to achieve that goal of making enough, or more than enough for a living. To be a professional trader, though, a person needs to think like one and practice like one, or their trading will only… Read More »