In Continuation of Part -I Build You should have back tested and trusted trading system, rather than plucking one from the internet. I know it’s very tempting to simply copy the trading system of some (supposedly) successful trader, and it might very well be a very profitable strategy but the fact that it works for… Read More »
Inspired from: Lee Ayers -Iowa. This is a story about realizing one’s potential…and about what tends to hold us all back from realizing our potential.It was the spring of 1982 and I was coaching girls’ track in a small southern Iowa town. There was a young discus thrower on the team, Jill, a sophomore who… Read More »
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 »
In Continuation of previous Article Habits That Are Essential to Becoming a Highly Profitable Trader-I Passion and Fire to Keep going The most successful traders are passionate about what they do. They love trading however taxing it might become and they are ready to put lot of hard work.With such a trader, you will find… Read More »
Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities. Habits are automatic responses that are triggered by cues. They are formed via the connection between a frequently repeated task like putting on a helmet and… 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 »
If you have been researching trading related topics for some time, it’s very likely that you’ve heard that statistic that 95 percent of traders, or even more, fail in trading and lose money. Trading is a highly competitive business and you have to make complex decisions all the time that decide about whether you can… Read More »
“The physician has to spend long years learning anatomy, physiology, material medical and collateral subjects by the dozen. “He learns the theory and then proceeds to devote his life to the practice. He observes and classifies all sorts of pathological phenomena. He learns to diagnose. If his diagnosis is correct – and that depends upon… Read More »
After countless success and enlightening our childhood with such beautiful and enthralling Harry Potter series, she still believes , “By every usual standard, I was the biggest failure I knew.” Creating her book series wasn’t as easy as scribbling down notes on a few dinner napkins. It wasn’t a one, two or even three step… Read More »
Tickeritis is a frustratingly painful disease uniquely associated with trader doing intraday or short term trading. In 1926 Henry Harper, in a book called The Psychology of Speculation, labelled the constant need to watch the market as “tickeritis” You know you have this Tickeritis when after a trade entry each and every tick that moves… Read More »