The professional trader knows how to process multiple inputs, yet remains calm and decisive. In this age of information and technology there is zillions of information going round Like Border Tension with India-China,South and North Korea, Corona Cases through out the world,Fed Policy . If you try to process and digest more information than you… Read More »
Priming is an implicit memory effect in which exposure to one stimulus (i.e., perceptual pattern) influences the response to another stimulus. Will discuss 2 case studies to make you understand the PRIMING concept. Two groups of subjects in a psychology experiment are asked to memorize those words in a list that begin with vowels. The vowel… Read More »
One of the good guys (for me, at least) has always been Jesse L. Livermore. He’s considered by many of today’s top Wall Street traders to be the greatest trader who ever lived. Leaving home at age 14 with no more than five bucks in his pocket, Livermore went on to earn millions on Wall… Read More »
The Pencil Maker took the pencil aside, just before putting him into the box. “There are 5 things you need to know,” he told the pencil, “Before I send you out into the world. Always remember them and never forget, and you will become the best pencil you can be.” “One: You will be able to do… Read More »
What’s the difference between an amateur and a professional trader? Amateur Trader works on “Knowing What To Do” (KWTD) Professional Trader works on “Doing What You Know” (DWYK). To perform well in the markets you need more than just skills,knowledge and a strategy with an edge or some competitive advantage. You need to have a… Read More »
The importance of reliable charts for options and intraday traders cannot be overstated. Charts help us get a picture of the market and predict its movements, thereby allowing us to form trading strategies. Good charts are necessary for being a successful trader. Recently, one of the well-known brokerage firm Upstox has updated its web trading… Read More »
By AJ What makes top traders stand out from the crowd and achieve results that for the most are just behind imagination? The key to success is being mentally tough What does it take to be mentally tough? There are three qualities for traders who say they want to perform at the highest levels. Be Ambitious Can you… Read More »
Many readers have asked me the following question: “What we are watching and what we are doing is totally opposite ?” “What we would like to act and trade and we do something reverse than that as soon as we see the trading terminal! “ “I do plan ,than trade but anyhow it goes unfollowed… Read More »
He had bought and sold hundreds of stocks and several properties over those years, but had never really made any real money. He owed it to himself and his family to finally get his act together and make some changes to his trading plan. That was the day the pain of not living up to… Read More »
Trading is a profession that demands a MILITARY level of discipline. Not only do you have to stick to a set of trading rules, you also have to be on the line when market surprises you with wild move the one we saw today on India -Chinese Tension. Self-discipline gets you consistency, and consistency makes… Read More »