Merry Christmas to you all. Spread Happiness and Give Joy to Others. On Christmas Eve a young soldier feeling trapped in London during the 2nd World War was very lonely and sad to be away from his family and home. As the war still raged on in London this was a very dangerous time and… Read More »
Every year, most people chalk down ‘Saving Money’ or ‘Spend Less’ as an important New Year resolution, Although, saving money is an integral part to avoid any sort of financial crisis but being a step ahead from the usual is necessary and that is to ‘Invest More’. Rather than saving more money than usual, how… Read More »
“The Trader’s Mindset” is what a amateur trader need to work on to move in category of professional trader. Any World Class Athlete you would have seen give much importance to the MINDSET before any big game. So its only your MIND you need to TRAIN to be a good trades. Millions of strategies but… Read More »
This Is A True Incident Of A Businessman Of Khambhat In Gujarat. When the time of his death came imminent, he called his only son and said that son – “I do not have the wealth which I inherit from you, but I have worked with truth and authenticity all my life, then I bless… Read More »
Success as a trader means being consistently profitable which requires developing a good trading plan and, most importantly, sticking to it. One of the most destructive habits a trader can have is ignoring the rules of their own trading plan about when to enter and exit a trade. Breaking this bad habit means critically examining how you… Read More »
In terms of Trading, one of the most searched topics on google is Option trading strategies. Traders are simply fascinated by Option trading strategies, thinking there is a holy grail out there, to churn profits month after month. I wasn’t spared from it either. I was lost and confused in my early years of trading. I was… Read More »
A Decade Old Article but worth sharing One of the best ways of understanding your trading–and your trading psychology–is to collect data on your trading. There are many metrics available for understanding your trading patterns (see the links below), but here are a few unusual metrics that I’ve found to be especially illuminating: 1) P/L… Read More »
Once a little boy was playing outdoors and found a fascinating caterpillar. He carefully picked it up and took it home to show his mother. He asked his mother if he could keep it, and she said he could if he would take good care of it. The little boy got a large jar from… Read More »
Years ago in college, I remember reading Greek mythology. These were wondrous stories of adventure, courage, exploration and searching. Yet there is one principle that stands out from these many great tales that has served to guide my life in business and most especially trading. The Greek word “sophrosene” or “balance.” It teaches that in… Read More »
Shared by Chirag Blog Reader The market doesn’t always act rationally, and neither do traders. Explore how emotion can potentially trump logic, cloud judgment, and lead to sub-optimal trading decisions. Using Technical Analysis Identify trends to know what and when to trade In the 1970s, two university behavioral science researchers, Daniel Kahneman and Amos Tversky,… Read More »