I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a DISCIPLINE and COMMITTED person can learn the basics of trading in a couple months. The long answer is that it can take… Read More »
Indian Union Budget will be presented on 01 Feb 2021 , Nifty and Bank Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so its best we… Read More »
In trading, you have two choices: follow a profitable trading stratergy having an Edge or fail. Any trader who consistently makes money in the market will tell you that unless you create and follow a plan, you will fail. This tutorial contains some ideas for creating a plan. Avoiding disaster If you want to succeed… Read More »
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent… Read More »
There are many short little pieces of popular trading wisdom. Many of them have their origin in trend following – a trading style based on catching long trends and riding them to the very end. One of these often quoted trading rules is “Cut your losses short and let your winners run.” It means that… Read More »
The Stock Market has rewarded many who have shown patience, good investing practices, and the lack of emotions. On the contrary, the market has punished those that have made their decisions haphazardly, or because they were advised to do so by a ‘friend’ or ‘colleague’. The stock market is not just all about profit but… Read More »
This post is a continuation of HOW YOUR BRAIN STOPS YOU FROM BEING A TRADER ( the previous post ) A lot of books have been written about the two sides of our brain. The Left Side which is the more linear, formula based, procedure oriented brain and The Right Side which understands design, symphony… Read More »
We are all numb nuts. Including me. And the best part – We don’t know that we don’t know. It’s called ‘Dogmatism’ – an unshakeable belief that we know something to be true even if we don’t. It’s difficult to accept, I know. So let me take you on a wild goose chase… Listen to… Read More »
Yes, it is possible to make money in stock trading. Some people have actually made millions trading in markets day in day out. Eg : Jessie Livingston, George Soros, Rakesh Jhunjhunwala etc But there is a catch! Only a few people will be able to make it! The number of successful trader will always remain… Read More »
The year 2020 has been insanely tumultuous: Volatile trading sessions, the shortest bear market, a ferocious bull run, an unprecedented global lockdown, In 2020, we had a bear market, a bull market, a recession, all-time highs (a bubble?). All in the same year. In any eventful year, there are opportunities to learn. In the events… Read More »