Source Long time ago there was a great king in the Raghukul dynasty (Lord Rama also belonged to the same dynasty). He was suffering from leprosy. He fell on the feet of his master, Guru Vashishtha and said: “Oh Master! So much of suffering… ?” The master kept his hand on his eyes and asked… Read More »
In Continuation with Previous Post 4. Fear of Not Being Right Too many traders care too much about being proven right in their analysis on each trade, as opposed to looking at trading as a probability game in which they will be both right and wrong on individual trades. In other words, their overall method… Read More »
This article by Price Headley was originally published in Stock Futures and Options Magazine (www.sfomag.com). by Price Headley I got this Article in 2005 and still holds very true. Merriam-Webster’s dictionary defines fear as “an unpleasant, often strong emotion caused by anticipation or awareness of danger, going on to explain that fear…implies anxiety and usually… Read More »
If you have ever traded commodities/Stocks/Forex online, it is easy to understand how some people can turn this type of venture into pure gambling. Online trading allows an trader to buy and sell a highly leveraged futures contract and low priced options with the mere click of a mouse due to advent of Online trading.… Read More »
How to become a profitable trader has far more to do with mindset than with a specific trading strategy. In fact, no trading strategy can be profitable if a trader has the wrong mindset. Today we will discuss How traders can optimize their trading mindset Trading Goals This really is the kind of principle that… Read More »
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 »