We have read the stories, heard the rags to riches stories, and even known real people close to us who just quit their lucrative day jobs to become a full time trader. Unfortunately, living the trading dream is not for everyone. Some people are simply not suitable for trading, probably due to their personal disposition,… Read More »
Many traders i have trained during my training classes have confessed they were devastated by there single loss. A single loss was so deep that Market forced them out of the game.The point i want to traders to understand a loss should never be so devastating to the end result that you are thrown out… Read More »
1. Trade With a Clear Mind Do not make emotional decisions. Realize that emotions are emotions. What differentiates the successful traders from others is how we recalibrate our reactions to our emotions. Clear mind will never have Trading Fear I was watching an interview with a surfer. The interviewer asked him what he does when… Read More »
Tata Steel Tata Steel has been falling like 9 pins from high of 448 to 195 in mater of 6 months. Steel stocks are showing sign of life after being beaten down heavily in 2013. Stock is poised for crucial breakout as per fibo fans as shown in below chart. Positional traders should look for… Read More »
One of the most difficult things to get traders to understand is that no matter how much they research apply n number of indicator, they will probably do better if they did less and follow a single strategy. We as Human beings are wired to accumulate and analyzed lot of information ,This is certainly counter-intuitive, when… Read More »
In Continuation of last week post on Reversal Candlestick Pattern for traders In this article we will focus on few important chart patterns,which will help you in making better trading decisions. Bearish Head and Shoulders Pattern The head and shoulders is probably the most popular pattern used by technical traders. It is easy to spot… Read More »
A future Contract is an agreement between two parties to BUY or SELL an underlying asset, including stocks, indices,commoditities or currency, at a certain time in the future at a certain price. Futures contracts are standardized and are traded on the exchange. To facilitate liquidity in futures contracts, the exchange defines certain standard specifications for … Read More »
There are those who would convince you that it is somehow smart or in your best interest to be manically switching your investments around, back and forth, long and short, on a daily basis. To pay attention to this kind of overstimulation is the height of madness, even for professional traders. The most storied and… Read More »
Paul Rotter is arguably the most successful individual futures trader executing trades on the Eurex exchange primarily in the Bund. Every trader can aspire to imitate Paul’s success as he is proof that it IS possible for a small trader to build on his success and grow into the biggest most active speculator around. Q:… Read More »
W.D.Gann’s Rules: No One Owes You Anything You must succeed on your own. It is all up to you. The markets, stockbrokers, brokerage firms, news letters don’t owe you anything. Gann never took anyone’s newsletter. He did it all himself. The markets are there to provide you a service for buying and selling the markets you are… Read More »