Shared by Raj This one is from Edward Allen Toppel: ‘Zen in the Markets’, one of the first trading related books I ever bought. That’s the passage that made a lasting impression on me. Timeless wisdom.As Dennis Gartman put it succinctly: ‘Complexity breeds confusion’. Enjoy the excerpt: To see things as they are and not the way you want them… Read More »
Australian cricketer-turned-commentator Dean Jones, in an interview for Wisden, observed that two-thirds of Sachin Tendulkar’s game is based around defence. Most of the shots in any Sachin century, he says, are based on forward defence, back-foot defence and letting the ball go. As any coach would vouch, letting the ball go is possibly as important… Read More »
I’m sure you’ve heard that the two main emotions that enter into trading are fear and greed. Today we will discuss about Fear of Losing. Many Traders i have interacted with have one common question why i am unable to ride my trade to the fullest. In the ongoing rally in World Markets many traders… Read More »
My Trading style is based on the “Gann Astro Technique”, a short-term method for trading daily price movements that relies entirely on Concept of Time Cycles. Time is the most important factor in determining market movements because the future is a repetition of the past and each market movement is working out time in relation… Read More »
The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future.A strong psychological foundation is the key to successful Trading. The human mind is a powerful, complex tool that quickly turns into a double-edged sword to those untrained in its control.… Read More »
The number one question I receive on a constant basis from stock traders is “How do I become successful trader?” The reality is 95 % of stock traders fail. You can make a winning trade now and then, but over the long haul, most of traders end up blowing there account. The good news however… Read More »
The below list shows F&O Stocks away from there All Time High. Use them to add and exit based on comments Google Sheet Link https://docs.google.com/spreadsheets/d/10Ps_O97lA3lo3IfSAghSpjmd4-ACFERSCtEpyogjrRw/edit?usp=sharing
Most traders be it Swing trader,Day Trader i have interacted during my training session do trading on the fly, take a position when it “feels right” or “Based on Intuition” Not preparing for what lies ahead for the day, week or month can be a costly proposition and can eventually bust your trading account.Most of… Read More »
A BIG EGO reflects an exaggerated view of one’s abilities. Such a mind-set can be fatal for trading, where accurate and realistic perceptions of one’s skill level are crucial. Just as with any pleasurable activity, telling yourself that you are a smart and brilliant trader has its time and place. A big ego is dangerous… Read More »
Once upon a time, there was a Zombie corporation named Game Stop ($GME). For the last few years, it has been circling the bankruptcy drain. Similar to Blockbuster, its business model, renting and trading video games and equipment, is going the way of digital streaming. GME’s brick and mortar operations held a competitive advantage versus… Read More »