All traders should have a good trading plan. One of the worst bad habits a trader can have is trading impulsively and without any guidelines. Traders who take the time to make a trading plan are much more likely to succeed, but even with a plan in place we can develop bad habits. A trader… Read More »
Visualization is a key tool for peak performers everywhere. When used properly, it can program your brain for success and help you to feel more confident and focused on your journey. I have practiced visualization often over the years and found it to be enormously valuable in my journey in the markets. Visualization is a… Read More »
In Continuation with previous Article The Recipe For Trading Success that Nobody Wants to Hear Using Too Much Leverage A trader should always take the concept of leverage very seriously, As many accounts have gone bust because of being overleveraged. A highly leveraged trade can quickly deplete your trading account if it goes against you, as you… Read More »
It’s a known stats that 90% of traders end up blowing up their account and giving up within 3 months of there trading .But you don’t have to be included in this statistic when you can simply learn from their mistakes before you make them. If you have not yet already nursed the battle scars… Read More »
In Continuation with Previous Post In last Post we discussed about Trading Method today we will discuss about the remaing 2 mantra Money management That is simply how much you trade with, stop loss points and how much you are risking in each trade. Traders Mind Set This for me is the most important thing… Read More »
A Student of mine told me this “I am doing great when doing paper trading but when it comes to trading in the real world, I am still not winning as i am expecting myself to be.” The hard truth all traders eventually learn is that trading is far more difficult when you sit in… Read More »
Everybody wants to be a successful trader. While there are many strategies to become a successful trader,This article will discuss how to develop a solid trading strategy. Traders need a trading strategy to avoid emotional trades. Trading strategies are necessary to avoid irrational actions during extreme swings in the stock market. It’s especially important to… Read More »
How much training you need depends on the job you want. If you want to be a janitor, an hour of training might do. Just learn to attach a mop to the right end of the broomstick and find a pail without holes.If, on the other hand, you want to fly an airplane or do… Read More »
India Stock market are going through a Bull phase and is the best performing market for 2021. As market keep rising every day many traders are getting attracted towards it making fast bucks. Today we are discussing the thought process of new trader and the corrective steps which traders should start implementing before their trading… Read More »
Every trader wants to trade a well funded trading account (i.e. a 1,000,000 account), but very few of us actually get to do this. Most traders are stuck with trading relatively small accounts (i.e. just covering the required margin). Trading a small account requires very strict risk management (i.e. money management) because there is no… Read More »