In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Happy Teacher’s Day to the Great Teachers who have taught me how to Trade and above all being *Humble* !! Remain calm and stay disciplined The stock market can be very unpredictable… Read More »
Once a little boy was playing outdoors and found a fascinating caterpillar. He carefully picked it up and took it home to show his mother. He asked his mother if he could keep it, and she said he could if he would take good care of it. The little boy got a large jar… Read More »
May Lord Ganesha destroy all your worries, sorrows and tensions. Happy Ganesh Chaturthi! Always pray for sharp ears like Ganesha to hear everything clear. Warm wishes on Ganesh Chaturthi He had bought and sold hundreds of stocks and several properties over those years, but had never really made any real money. He owed it to… Read More »
In everyday life, bad habits can have any number of side effects. Weight gain, illness or social exclusion, for example. Bad trading habits, by contrast, affect people in just one way.They lose money. Letting costly habits creep into your trading is all too easy to allow. After all, you don’t have a boss to tell… Read More »
It all began in January, 2002. Deepika Dadlani had just joined for her second term of training in the Air Force Academy, and Ronald Kevin Serrao was in the final term- a senior most trainee cadet in the Academy- an office bearer. The first thing he had noticed about her was her name on the… Read More »
When one starts any business, one has a pretty clear idea as to what would be the cost of starting the business. This may go from a few thousands (if you are starting a web based company) to a few crores (say to get a start in the construction business). But when it comes to… Read More »
After winning several archery contests, the young and rather boastful champion challenged a Zen master who was renowned for his skill as an archer. The young man demonstrated remarkable technical proficiency when he hit a distant bull’s eye on his first try, and then split that arrow with his second shot. “There,” he said to the old man, “see… 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. Maintaining the right mindset is one of the most important factors in being a successful trader. Find out how you can… Read More »
In this article, we attempt to look at the psychological elements of trade, risk, and money management as presented in the Successful Traders research series. The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future. Surely many new traders analyze… Read More »
I am saddened by the terrible news of the passing away of veteran investor, business magnate and stock trader Shri Rakesh Jhunjhunwala this morning. May the departed soul rest in eternal peace and may Prabhu Mahaveer give strength to his family members and loved ones. Om Shanti The man who led many young minds to… Read More »