During my trading session when I talk to my students reasons for losing trades , I noticed a pattern that seems to pop up pretty often when talking about losing trades. As it turns out, more and more traders are losing their trades and even getting their accounts blown up by trying to short at… Read More »
A friend of mine opened his wife’s underwear drawer and picked up a silk paper wrapped package: “This, – he said – isn’t any ordinary package.” He unwrapped the box and stared at both the silk paper and the box. “She got this the first time we went to New York, 8 or 9 years… Read More »
Whenever I saw a Cricket playing in the field or Tennis player playing, the temptation to play like them was tremendous. If you see any Great Sportsman playing and compare yourself to them you will observe You are lacking in co-ordination, stamina, technique, strategies and above all few tricks of the game that only comes… Read More »
In terms of trading, this means that a trader actually not have to be afraid of loss. Especially not if the money risk is sensibly chosen. Nonetheless, money losses always lead to Fears and associated misconduct. As a result, Trader Develop a negative spiral that leads to even greater distortions in trading An example: You are trading… Read More »
Trading in the markets is one of the most stressful professions on the planet. Prices are constantly in motion, and you need to be consistently and effectively processing an amount of information that would leave the average person dizzy and reeling. On top of all this you are competing with some of the smartest people… Read More »
Source My wife, daughter, and I moved into our home nine years ago and we spent a lot of time and energy in the yard to get it looking like it does today. We live on a corner, higher than street level, and the entire side of the yard is encased by a professionally built… Read More »
Again, you have one boss—the Market. The market will disrespect those who disrespect her. If you are unprepared, you will be punished. If you lack discipline, you will be reprimanded. The market eliminates those unworthyof participation. Some examples of being disrespectful as an intraday trader? If you are doubling down, then you are being disrespectful. … Read More »
Trading is all about playing against the mind of the masses. The big guys and Fund Houses successfully will beat your mind by making you think, think and think. Is the right time to get in, will the market fall, and so many times people have asked me when the BIG correction is going to… Read More »
Few Trading Facts 80% of all day traders quit within the first 1 year of there trading most of them trade in Options and use brokers who give them High leverage of 10X Traders with having losses for 5 years or more continue to trade. The last point suggests that traders even continue to trade… Read More »
Source A little girl had been shopping with her Mom in Target. She must have been 6 years old, this beautiful red haired, freckle faced image of innocence. It was pouring outside. The kind of rain that gushes over the top of rain gutters, so much in a hurry to hit the earth it has… Read More »