One youngster comes to me very depressed and asks this question “Why is God creating so many difficulties for us? How to handle stress?” I tell this youngster to reflect on this beautiful story: A man goes to a shop, picks up a beautiful cup and says “my god this cup is so beautiful” and… Read More »
We are all numb nuts. Including me. And the best part – We don’t know that we don’t know. It’s called ‘Dogmatism’ – an unshakeable belief that we know something to be true even if we don’t. It’s difficult to accept, I know. So let me take you on a wild goose chase… Listen to… Read More »
Yes, it is possible to make money in stock trading. Some people have actually made millions trading in markets day in day out. Eg : Jessie Livingston, George Soros, Rakesh Jhunjhunwala etc But there is a catch! Only a few people will be able to make it! The number of successful trader will always remain… Read More »
The year 2020 has been insanely tumultuous: Volatile trading sessions, the shortest bear market, a ferocious bull run, an unprecedented global lockdown, In 2020, we had a bear market, a bull market, a recession, all-time highs (a bubble?). All in the same year. In any eventful year, there are opportunities to learn. In the events… Read More »
By Joel Marion “Ordinary people believe only in the possible. Extraordinary people visualize not what is possible or probable, but rather what is impossible. And by visualizing the impossible, they begin to see it as possible.” – Cherie Carter-Scott. After finishing fourth, just out of medal contention in the 1500 meters of the 1952 Olympics,… Read More »
As we begin another session trading tomorrow- here’s some resolutions which if you can stick by- you will have a profitable time in 2021. With the advent of 2021 we all make resolution so lets discuses Trader’s Resolutions for 2021 Trader should DARE the Mr Market for 2021 . Let me explain it in more… Read More »
For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »
Market has been Topsy turfy in past 4 trading session and we have a long trading weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he… Read More »
Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have… Read More »
Trading losses can end a career in a matter of a day, an hour, or in extreme circumstances even a few minutes. Here I outline some of the ways I have dealt with losses in the past and how I got over the hump. 1. Stop Trading Immediately – Pull your hands off the mouse… Read More »