Great traders are often thought of Traders having very strict risk management, and very much well versed with their trading strategies . But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions and do not get panicked in times of high volatility and do not get greedy… Read More »
Trading in the Financial Market is one of the most stressful professions. You are competing with some of the smartest people in the world who are also trying to capitalize on every single trading opportunity that you find and take away your money. A profitable trade can turn into loss in matter of minutes as… Read More »
What a trader requires to be Successful and Profitable ? First, just as you should not trade based on a faulty idea, you should not use sand as a building material. Second, you need a solid trading plan as your trading – without it, you’ll slip into the sea, where 90% of traders reside. First,… Read More »
In Continuation with Previous Article Step 3 – The Eureka Moment Towards the end of stage two you begin to realize that it’s not the system that is making the difference. You realize that it is actually possible to make money with a simple moving average and nothing else IF you can get your head… Read More »
I searched to find the original source of this article but have not been able to locate it. This is from an anonymous source and has been shared on many websites online over and over. I got this Article in 2007,If anyone knows who wrote it I will be happy to link this to the… Read More »
Original Story by Swami Sivananda Saraswati Once upon a time there was a beautiful mango tree. Its delicious, mouth watering Alphonso mangoes simply melted on the tongue and the tree itself was so large that standing on one side, one was unable to see to the other. There was a guru who happened to live… Read More »
Successful Trader is Just the trader who follows a sort of Discipline to Save his Money from Being Lost! If you can Take care of Your Losses, Market will take care of the Profits Mindset of Successful Traders 1. I will wait for my Trade to come, Avoid taking Impulsive trades. 2. I recognize that… Read More »
” Patience is a virtue which many talk about but few have ” The most common trait of successful and profitable trader, they are “patient” and wait for right trading opportunity as per their trading system. Many amateur trading never reach the professional level because they “Over Trade” . Most of newbie traders fell more… Read More »
Lock down had given Best time to prepare yourself for the recession that’s ahead of us. You Can’t bet on job. You Can’t bet on business. You Can only bet on your own Learning which should not be outdated. In Trading most important thing is to focus on Learning. Do NOT experiment with capital and… Read More »
Came across a great article here by Brett Steenbarger titled ‘A Self-Help Crash Course for Traders’. The article applies a discipline called ‘brief therapy’ to address the issue of why traders can’t seem to control themselves and make the same mistakes over and over again. It has quite a number of good points. Here’s a… Read More »