Today we will start discussion on widespread misconception that are floating around the trading community and gets lodged into traders minds. I have been talking to many traders every week, during our talks the misconception will finally come up. A lot of these are inaccurate and ineffective ideas,which lead traders into a cycle of bad… Read More »
What is weakest part in trading? Is it not having proper trading system? Is it not having proper trading plan? Is it not having proper trading Software? Is it the trader themselves? I have heard traders who make looses whine about market is manipulated, Its a fake rally, market will reverse from tommrow and i… Read More »
Source Humility is a virtue, it is good for everyone, especially for the rich and powerful people. A person with humility doesn’t fear anyone. Gandhiji said “The humble man is unconquerable” So, we must all practice humility in our daily life. This may help us in many ways. As Jesus Christ said, “The meek shall… Read More »
Shared by Raj This one is from Edward Allen Toppel: ‘Zen in the Markets’, one of the first trading related books I ever bought. That’s the passage that made a lasting impression on me. Timeless wisdom.As Dennis Gartman put it succinctly: ‘Complexity breeds confusion’. Enjoy the excerpt: To see things as they are and not the way you want them… Read More »
Australian cricketer-turned-commentator Dean Jones, in an interview for Wisden, observed that two-thirds of Sachin Tendulkar’s game is based around defence. Most of the shots in any Sachin century, he says, are based on forward defence, back-foot defence and letting the ball go. As any coach would vouch, letting the ball go is possibly as important… Read More »
I’m sure you’ve heard that the two main emotions that enter into trading are fear and greed. Today we will discuss about Fear of Losing. Many Traders i have interacted with have one common question why i am unable to ride my trade to the fullest. In the ongoing rally in World Markets many traders… Read More »
My Trading style is based on the “Gann Astro Technique”, a short-term method for trading daily price movements that relies entirely on Concept of Time Cycles. Time is the most important factor in determining market movements because the future is a repetition of the past and each market movement is working out time in relation… Read More »
Source Here in a story from the Ramayana. Lord Rama and his army of monkeys were preparing for war with Ravana. Rama asked his army to build the bridge over the sea. Work began at once on a stone bridge. The monkeys pulled out rocks and heavy stones from the mountains, and carried them to… Read More »
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.A strong psychological foundation is the key to successful Trading. The human mind is a powerful, complex tool that quickly turns into a double-edged sword to those untrained in its control.… Read More »
The number one question I receive on a constant basis from stock traders is “How do I become successful trader?” The reality is 95 % of stock traders fail. You can make a winning trade now and then, but over the long haul, most of traders end up blowing there account. The good news however… Read More »