Market has been Topsy turfy in past few trading session and we have a weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he transformed himself… Read More »
At the beginning of the year, many people make resolutions for the new year. They want to lose weight, exercise more, work less, be more loving to their Partner and quit smoking. Most of the time it stays with the resolutions, after just a few days or weeks they find themselves back in the old… Read More »
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent… Read More »
Being a trader seems easy enough for most people as long as you have the right tools and knowledge to use. However, to be a successful trader, you have to learn more than just tools, strategies, and indicators. A large part of successful trading comes from mastering your mind and your thoughts. Here we will talk about the … Read More »
Retail investors are the newest wave on Dalal Street. Over the past 24 months, the rise of retail investors taking up stock trading as a hobby as social media during covid loackdown became the catalyst for a whole new army of investors who are only just realizing their group buying power. This group of investors… Read More »
Losses are an inevitable part of trading. With experience, traders will learn how to accept them and actually gather useful lessons from them. A large trading loss can be devastating — not only financially, but emotionally As defeating as losses feel, how we react to loss that is more important than the loss itself. Inexperienced… Read More »
This is the bottom—look at the Kangaroo tail! I should double down! Oh, no, a new low for the day . . . but on low volume. Hey, maybe a bullish divergence is forming. . . . It is. Whew, now we rebound. [10 minutes later] . . . I hate this stock. Man, I… Read More »
The foundation of trading is interconnected As most traders know, trading is finding the correct equilibrium of proper risk management, good analysis and trade strategies, efficient money management, and a balanced (trading) psychology. A trader cannot be successful if one of the elements is not sufficiently developed. Similar to a building, if one of the… Read More »
What Is a Drawdown? A drawdown is a peak-to-trough decline during a specific period for trading account, or fund. A drawdown is usually quoted as the percentage between the peak and the subsequent trough. If a trading account has 100,000 in it, and the funds drop to 90,000 before moving back above 100,000, then the… Read More »
Remember that a “bad trade” isn’t always a trade that loses money. That’s the outcome of a trade. A bad trade is one that you didn’t strategically envision or control from start to finish. It sounds tricky, but here it is: A bad trade that ends up with a profit is called “luck.” A bad trade that… Read More »