Indian Stock markets have witnessed high volatility during most Union Budget announcements in the last 10 years.With High volatility, comes risks and opportunities. In this article we will discuss popular Option Strategies traders adopt and how can one manage risks better while maximizing returns. What are the various Option Strategies to play the Budget? Long Straddle… Read More »
Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »
Indian Union Budget will be presented on 01 Feb 2022 , Nifty and Bank Nifty remains in a wide range so there is an opportunity to trade in Nifty and Bank Nifty Options And the opportunity could turn out to be quite promising. What will be market direction post budget we do not know so… Read More »
Don’t Chase Trades; Let Them Come to You If trader win a trade, he try to force another winning trade and mostly lose in second trade. And if trader lose first trade, most of traders try to quickly make back what they lost on the next trade. This irrational behavior is mostly seen in person… Read More »
During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
Trading in the markets is one of the most stressful professions on the planet. Prices are constantly in motion, and you need to be consistently and effectively processing an amount of information that would leave the average person dizzy and reeling. On top of all this you are competing with some of the smartest people… Read More »
As a Trader it totally amazes me to see how we are almost “hard-wired” to do all the wrong things. It’s almost as if we were put on this planet to determine how many ways we can mess up our trading. How do you respond to a loss? How you respond to losing trade. During… Read More »
Any quick drive through Goa Casino makes it pretty clear who is making in the money – the Casinos! Why do gamblers keep going back despite losing most of the time? Big hope of making good money in extreme short term. No Plan, Not understanding probabilities Not knowing when to Stop gambling Gambling based on… Read More »
In Continuation with How Do Professional Traders Think? LESS IS MORE To the experienced professional trader “less is more.” There is not the urgency to get into trades to be trading because “that is the way to make money.” Rather, this urgency mindset is dangerous to the trading account balance. When in an urgent mindset,… Read More »
This is the message one of my students wrote to me before taking our Trading Course “I don’t get it. I know there is good money to be made in trading (I see people doing it) and I’ve known success before. It’s not like I don’t know what a winning mindset is. I’ve proven myself… Read More »