For most people, graduation is an exciting day – the culmination of years of hard work. My graduation day… was not. I remember that weekend two years ago. Family and friends had flown in from across the country to watch our class walk across that stage. But like everyone else in my graduating class, I… Read More »
Intraday Trading is Buying and selling stocks,currency,crypto or commodities for the day, hoping to make quick profits.You might hear of lot stories of traders making million in a day trading but the hard fact is only 5% of traders are able to make money on a consistent basis. Why is that Reason being Traders State… Read More »
A typical character trait of amateur traders is the inordinate amount of time they spend thinking about their biggest winners. They constantly want to take profits because of their need to satisfy their ego and their inability to cope with greed. Their thinking goes like this: “I should take profits because the stock has gone… Read More »
For years, I was losing money because I didn’t get it. Not really. You hear it everywhere, it’s probably the best-known trader’s mantra in the world: Cut Your Losers Fast And Let Your Winners Run But most of traders are unable to implement the same in their trading. Today we will discuss the reasoning behind it. Loss… Read More »
One day the ruler of the kingdom came to his spiritual Master and said, “Master, you have been helping me in my spiritual life unreservedly. May I do something for you?” The Master said, “I have everything from God. What can you give me? What do I need?” The King insisted, “Please, please, I will… Read More »
With the Social Media making so much information available to us these days, it’s easy to get overwhelmed by the wealth of knowledge we have and processing such information becomes a Big task. Beginners taking their first steps towards learning the basics of stock trading should have access to multiple sources of quality education. Just… Read More »
Here are seven lessons from Jesse Livermore who is considered by many as one of the greatest traders who ever lived. Lesson Number One: Cut your losses quickly. As soon as a trade is contemplated, a trader must know at what point in time he’ll be proven wrong and exit a position. Risk management should… Read More »
Below are the Important Points from The Disciplined Trader by Mark Douglas. Shared by Shirish Intro Reaching the level of success they desire as traders will require them to make at least some, if not many, changes in the way they perceive market action. The markets have absolutely no power or control over you, no… Read More »
Every trader want to develop/Learn a winning trading system It doesn’t matter if you purchase one and tweak or develop out your own trading system. A trading system is a set of rules that gives buy and sell signals without any ambiguity or any subjective elements.The primary aim of a trading system is to manage… Read More »
Source Some people find fault like there is a reward for it. – Zig Ziglar. The boss was visibly upset as he spoke to his assistant, “Ms. Gomez, you know I have an important meeting this morning, but you were not here. Why were you late?” Frantic, Ms. Gomez blurted out, “Sir, I was so… Read More »