Need to be in Trade Syndrome is one of the main reason for many trading account going Bust. One of the keys to successful trading is eliminating any feeling of ‘needing’ to be in a trade. We had Monetary Policy today, My Inbox was full of question with traders asking How we should trade, What… Read More »
By Swami Tejomayananda The only true wisdom is in knowing you know nothing. – Socrates. Every person sees the world differently, depending on his nature and vision of life. The ignorant person and the wise one – both encounter the same world; but what is the vision of a person of wisdom? How does he… Read More »
One day Solomon decided to humble Benaiah ben Yehoyada, his most trusted minister. He said to him, “Benaiah, there is a certain ring that I want you to bring to me. I wish to wear it for Sukkot & i give you six months to find it.” “If it exists anywhere on earth, your majesty,”replied… Read More »
A day of celebrations of good over evil. We celebrate “Ram’s victory over Ravan”. And it happened thousands of years ago. And we continue to do celebrations and stopped at that. Only a handful have gone on to fight the good fight to overcome the evil within us. Others simply complain of the evil around… Read More »
Market has been Topsy turfy in past few trading session and we have a weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he transformed himself… Read More »
Sharing with you today is a speech from Dr. Richard Teo, a highly successful and wealthy cosmetic surgen in Singapore. In his speech, he shared his experiences of becoming a really successful surgen doctor and his realization of what is true happiness in life: not wealth, not beautiful cars, not beautiful houses, but the sharing,… Read More »
Most traders realize that trading involves a lot of psychology. And most traders readily admit that a significant portion of their trading losses, or lack of performance, is due to “psychology”. Although the term ‘psychology’ isn’t always mentioned as an explanation, you can see it easily enough in the following statements ”I froze just as… Read More »
Winning traders are courageous. They show courage when they risk their money, and face the possibility of losing it. They show courage when they follow their convictions, and possibly let their pride and ego get hurt. But courageous trading is a little more complicated than it appears at first glance. Courageous trading is not merely… Read More »
Dr. M. Woodruff Johnson One of the best article in recent times Rahul did it again, another big loss day, another day where he did not follow his trading plan. Rahul had taken trading courses from some very so called trading gurus. He had a trade plan, which covered minute details and was quiet comprehensive.… Read More »
Source Looking at Mirror One day all the employees reached the office and they saw a big advice on the door on which it was written: “Yesterday the person who has been hindering your growth in this company passed away. We invite you to join the funeral in the room that has been prepared in… Read More »