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 »
Traders lose money in stock market for many reasons. They may not have the right methodology to trade with. They may not have clear understanding of how the market works, key indicators, key numbers, and ideal times to trade. Risking too much per trade and not being mentally prepared for the ball game. Whether it’s… 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 »
Everyone wants to know how much money they can earn if they learn to trade. Can they fulfill their financial goals and make trading for a living. Trading as a Business offer flexibility in schedule, working from any part of world, there would be no hassles with customers or employees and low overhead expenses ie.… Read More »
Source On February 10, 1977, with no business education or corporate management experience, Art Williams formed A.L. Williams & Associates with just 85 agents. A.L. Williams became one of the fastest-growing companies in modern business history. After six years in the industry, it was the largest term life insurance company. In ten years, it was… Read More »
Far and away the worst error anyone can commit is to add to a position that is a loser. There is no worse curse than making money while violating this most cardinal of trading rules. We are only setting ourselves up for the one that doesnít come back. Averaging, as it is called, means that… Read More »
For the retail trader, learning to scale up your position size can be a nerve-wracking process that can lead to unexpected and outsized losses. How big a position you should take in the market usually is governed by the amount of money in your account. It seems that when you trade a small number, things… Read More »