A Student of mine told me this “I am doing great when doing paper trading but when it comes to trading in the real world, I am still not winning as i am expecting myself to be.” The hard truth all traders eventually learn is that trading is far more difficult when you sit in… Read More »
Laxminarayan was a very naive boy. He used to ask his grandmother to tell a story every night before going to sleep. Grandmother used to tell him the story of Nagalok, Patal Lok, Chandra Lok, Surya Lok, etc. One day the grandmother told him the description of heaven. The description of heaven was so beautiful!… Read More »
Everybody wants to be a successful trader. While there are many strategies to become a successful trader,This article will discuss how to develop a solid trading strategy. Traders need a trading strategy to avoid emotional trades. Trading strategies are necessary to avoid irrational actions during extreme swings in the stock market. It’s especially important to… Read More »
How much training you need depends on the job you want. If you want to be a janitor, an hour of training might do. Just learn to attach a mop to the right end of the broomstick and find a pail without holes.If, on the other hand, you want to fly an airplane or do… Read More »
India Stock market are going through a Bull phase and is the best performing market for 2021. 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 their trading… Read More »
Failure is the highway to success. Tom Watson Sr. said, “If you want to succeed, double your failure rate.” If you study history, you will find that all stories of success are also stories of great failures. But people don’t see the failures. They only see one side of the picture and they say that… Read More »
Every trader wants to trade a well funded trading account (i.e. a 1,000,000 account), but very few of us actually get to do this. Most traders are stuck with trading relatively small accounts (i.e. just covering the required margin). Trading a small account requires very strict risk management (i.e. money management) because there is no… Read More »
If you’ve been trading for a long time, you no doubt have felt that a monstrous, invisible hand sometimes reaches into your trading account and takes out money. It doesn’t seem to matter how many books you buy, how many seminars you attend or how many hours you spend analyzing price charts, you just can’t… Read More »
Big Swings came in market in August and many traders emotions were high as Markets were swinging wildly.Many traders “Hoped” of making a killing and few are living in “Regret” of missing the rally. Lets analyze both Hope and Regret emotions and understand how these are fatal for your trading career. Hope What is Hope?… Read More »
An Engineer has to clear till 12 Class, than Clear Pre Engineering entrance test Like IIT/PET. Get into a good college he needs to again clears 42 Exams in 4 years and finally, after probably years of training and education, he gets a Job and there again he need to take training to lead bigger… Read More »