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 »
Big Swings came in market in August and many traders emotions were high as Markets were swinging wildly.Many traders “Hoped” of making a killing and few are living in “Regret” of missing the rally. Lets analyze both Hope and Regret emotions and understand how these are fatal for your trading career. Hope What is Hope?… Read More »
An Engineer has to clear till 12 Class, than Clear Pre Engineering entrance test Like IIT/PET. Get into a good college he needs to again clears 42 Exams in 4 years and finally, after probably years of training and education, he gets a Job and there again he need to take training to lead bigger… Read More »
During my trading session when I talk to my students reasons for losing trades , I noticed a pattern that seems to pop up pretty often when talking about losing trades. As it turns out, more and more traders are losing their trades and even getting their accounts blown up by trying to short at… Read More »
Whenever I saw a Cricket playing in the field or Tennis player playing, the temptation to play like them was tremendous. If you see any Great Sportsman playing and compare yourself to them you will observe You are lacking in co-ordination, stamina, technique, strategies and above all few tricks of the game that only comes… 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 »
Again, you have one boss—the Market. The market will disrespect those who disrespect her. If you are unprepared, you will be punished. If you lack discipline, you will be reprimanded. The market eliminates those unworthyof participation. Some examples of being disrespectful as an intraday trader? If you are doubling down, then you are being disrespectful. … Read More »
Trading is all about playing against the mind of the masses. The big guys and Fund Houses successfully will beat your mind by making you think, think and think. Is the right time to get in, will the market fall, and so many times people have asked me when the BIG correction is going to… Read More »
Few Trading Facts 80% of all day traders quit within the first 1 year of there trading most of them trade in Options and use brokers who give them High leverage of 10X Traders with having losses for 5 years or more continue to trade. The last point suggests that traders even continue to trade… Read More »