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 and money management right. You… Read More »
Trading has been a heck of a journey for me. I came in for the money at first and now after all these years I’m still in but my motives have changed, I’m in for the game. Trading has been a long journey of self discovery for me, something I never even thought I would… Read More »
Only six percent of the people who attempt to become professional traders actually succeed. Why do most fail? Lack of passion When people come into the world of trading many think that they only need to learn a strategy and follow the rules of that strategy. And, there are some people who actually do this… Read More »
By Vasanthi Hariprakash. I saw the driver trying to catch a glimpse of me in the rear-view mirror. It was around 7 in the morning. At the apartment in Hauz Khas where I had been staying in Delhi for the past few days, I was all set to head home to Bangalore, my suitcase packed.The… Read More »
During our training sessions with students we are very specific to make them understand you have lost money not because of market but the main reason is Your brain doesn’t like to lose.Its all there in your subconscious mind which is responsible for profit and loss for a trader. Brain remembers everything. How you trade… Read More »
I was parked in front of the mall wiping off my car. I had just come From the car wash and was waiting for my wife to get out of work. Coming my way from across the parking lot was what society would Consider a bum. From the looks of him, he had no car,… Read More »
PVR Positional Traders can use the below mentioned levels Close above 1790 Target 1850 Intraday Traders can use the below mentioned levels Buy above 1790 Tgt 1805,1825 and 1850 SL 1780 Sell below 1777 Tgt 1760,1743 and 1720 SL 1788 IGL Positional Traders can use the below mentioned levels Close above 325 Target 333/337 Intraday… Read More »
“A trader is the weakest link of any trading system” (Alexander Elder) During one of my trading Seminar a student asked the following “After 4 years of winning and losing hundreds of trades and blowing out several accounts both demo and live, trying different systems, experimenting with many strategies, I am still unable to achieve… Read More »
Paul Tudor Jones II (born September 28, 1954) is an American businessman who founded Tudor Investment Corporation, a private asset management company and hedge fund. As of March 2014, he was estimated to have a net worth of US$4.3 billion by Forbes Magazine and ranked as the 108th richest American[3] and 345th richest in the… Read More »
Once, a Chinese traveller came to meet Kautilya (Chanakya). It was dusk and darkness had just started to set in. When the traveller entered Chanakya’s room, he saw that Chanakya was busy writing some important papers under the lighting of an oil lamp. You know that there were no bulbs or tube lights in those… Read More »