Its a Known fact that 90 % of traders lose money in markets, only a very small proportion of day traders makes money year over year. This is a staggering statistic and one that is echoed around most of the financial markets of the world. But why do so many people fail in the financial… 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 »
To see things as they are and not the way you want them to be requires good vision and a reasonable intellect. Actually, it is better if we have no intellect working at all. This test will illustrate what it takes to be a successful in Stock Market. Start with the vision test. Keep this… Read More »
In Continuation with previous Article The Recipe For Trading Success that Nobody Wants to Hear Beginner Mistakes In Stock Market,How To Aviod Them As W.D. Gann in How to Make Profits in Commodities Wrote I can give you the best rules in the world and the best methods for determining the position of a commodity,… Read More »
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 »