Traders who trade financial markets should also know when to stay out or not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part of trading plan .Wait for opportunity to come think of Sachin he does not hit… Read More »
Its been a roller coaster rise from past few trading session and many traders asked me “Can money be made in trading ?” Let me try to answer the same. Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big traders… Read More »
If you want to be a consistent profitable trader in the long run there are THREE elements of trading that you must have in place.These THREE elements which we will discuss are like 3 chairs of stool if you do not follow anyone of them you are bound to fail. A Robust Backtestested and Trusted… Read More »
Overview The McClellan Oscillator is a market breadth indicator that is based on the smoothed difference between the number of advancing and declining issues on the New York Stock Exchange. The McClellan Oscillator is a popular market “breadth” indicator that can be used for market timing for short term traders. This indicator can give traders… Read More »
Moving Beyond Mediocrity Working a typical 9-to-5 job can be monotonous. Many people just try to make it through the day. They can’t wait for their shift to end. Some work settings are viewed as especially mundane. Many workers struggle to get through the day. They aren’t passionate about their work. It’s just a job.… Read More »
Regrets are fine to have as long as you act on them. Here is a list of common regrets that traders have had over the years and if you can identify them and work to avoid them going forward you can begin to see real progress in your trading results. “I did exactly the wrong… Read More »
The BSE Sensex plunged over 700 points and Nifty declined over 200 points.Let me put the reason from both Technical and Fundamental Perceptive 1. Fundamental Liquidity Squeeze by FII’s : FII money is Hot money which chase return irrespective of market. The Hottest Stock market on earth right now is Chinese Stock Market which… Read More »
Discretionary Traders Trade information flow. Are trying to anticipate what the market will do. Are subjective; they read their own opinions and past experiences into the current market action. Trade what they want and have rules to govern their trading. Are usually very emotional in their trading and taking their losses personally because their opinion… Read More »
THE KEY TO SUCCESS The biggest secret to trading is that you need to ruthlessly exploit a few simple trading strategies to become profitable rather than understand a lot of different trading setups. I plan on sharing both with you, but making money is your responsibility. It’s important to keep the goal of making money… Read More »
Many traders whom i have interacted during my Trading Sessions have one question in general “How much money do I really need to begin trading for a living?” I would then reveal the long-awaited answer Determining the amount of money you need to start down the path of trading for a living is a… Read More »