“The Trader’s Mindset” is what a amateur trader need to work on to move in category of professional trader. Any World Class Athlete you would have seen give much importance to the MINDSET before any big game. So its only your MIND you need to TRAIN to be a good trades. Millions of strategies but… Read More »
Elite performers in all competitive fields study the past to help improve their ability in the future. The same goes for elite traders. Today we will disucss 3 reasons why you should keep a trading journal. You’ve most likely heard it before that journaling can be used to improve your trading, but for whatever reason… Read More »
Have you ever been unnecessarily over conscious about your trading that it affected your performance negatively? Then you, have just experienced a classic case of stage fright or performance anxiety. Performance anxiety usually occurs when you scrutinize every single detail of your trading decisions too much, to the point that each action becomes subject to… Read More »
Many traders value time equally to price as a forecasting tool. The Aroon indicator is an important strategy for exploiting both. Aroon-based indicators differ from other price momentum oscillators in that they don’t just focus on price changes; they measure price changes relative to time. This article will examine the logic behind Aroon and show… Read More »
Most of us want to be as perfect as we can. We do not want to experience failure or setbacks or roadblocks. In fact, most of us have been raised that failure, in any case and at any time, is ‘bad’ and success is ‘good’. So if that is the case, then thinking in a very simplistic and… Read More »
I’ve been getting a lot of questions about it confidence lately. In my experience as a trader and performance coach, I see three types of confidence among traders, and the type of confidence is of critical importance when it comes to discipline. The three types of confidence: False/Imaginary Confidence Temporary/On-Off Confidence True Confidence False… Read More »
Didi Investor Lost Money in Adani Enterprises Adani Enterprises crashed 83 per cent to an intraday low of Rs 106.35 on Wednesday as its share price was adjusted for demerger of its port, power and transmission businesses. June 4 is the record date for demerger. Under a corporate restructuring, Adani Enterprises demerged its ports business… Read More »
I will follow a trading plan to guide my trading – therefore my job will be one of patience and discipline. I will plan each trade carefully – I will not jump into trades by fear of missing out. I will monitor the market’s current picture. I will manage my trades to protect my… Read More »
Most of the best/Professional traders I have read about and know of personally do not predict what will happen they trade what is happening. New/Amateur traders always want to predict, they want to argue about their beliefs and why something must happen or will happen. Most Professional traders are rich because they are flexible, they… Read More »
Overview On balance volume (OBV) is a momentum indicator, the calculation of which relates volume to price change. OBV was developed by Joe Granville. .OBV provides a running total of volume and shows whether this volume is flowing in or out of a given security. OBV attempts to detect when a financial instrument (stock, bond,… Read More »