I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a DISCIPLINE and COMMITTED person can learn the basics of trading in a couple months. The long answer is that it can take… Read More »
Indian Union Budget will be presented on 01 Feb 2021 , Nifty and Bank Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so its best we… Read More »
by Peter Bregman. We were 15 kayakers and three support rafts — and scouted the rapid from the right bank of the river. So far, I hadn’t been feeling myself on this trip. The water was bigger than anything I had paddled before, and now even small rapids — waves I could normally surf for… Read More »
Source Right from our childhood, we all have heard about the famous sayings – “As you sow so shall you reap”, “What goes around comes around”, and the renowned Newton’s Law “Every action has an equal and opposite reaction”. But have we ever questioned or thought about the law behind this which functions to give good for… Read More »
In trading, you have two choices: follow a profitable trading stratergy having an Edge or fail. Any trader who consistently makes money in the market will tell you that unless you create and follow a plan, you will fail. This tutorial contains some ideas for creating a plan. Avoiding disaster If you want to succeed… Read More »
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent… Read More »
Source Once upon a time there lived in India two friends–Mr. Sham, a rich man devoted to worldly pleasures, and Mr. Honest, a poor man devoted to seeking God. They both lived with their families in a large double house. Mr. Sham was a shameless, unprincipled, godless rogue, whereas Mr. Honest was a conscientious, upright,… Read More »
There are many short little pieces of popular trading wisdom. Many of them have their origin in trend following – a trading style based on catching long trends and riding them to the very end. One of these often quoted trading rules is “Cut your losses short and let your winners run.” It means that… Read More »
The Stock Market has rewarded many who have shown patience, good investing practices, and the lack of emotions. On the contrary, the market has punished those that have made their decisions haphazardly, or because they were advised to do so by a ‘friend’ or ‘colleague’. The stock market is not just all about profit but… Read More »
This post is a continuation of HOW YOUR BRAIN STOPS YOU FROM BEING A TRADER ( the previous post ) A lot of books have been written about the two sides of our brain. The Left Side which is the more linear, formula based, procedure oriented brain and The Right Side which understands design, symphony… Read More »