Shared by Chirag Blog Reader The market doesn’t always act rationally, and neither do traders. Explore how emotion can potentially trump logic, cloud judgment, and lead to sub-optimal trading decisions. Using Technical Analysis Identify trends to know what and when to trade In the 1970s, two university behavioral science researchers, Daniel Kahneman and Amos Tversky,… Read More »
While some aspects of trading are simply out of our control, you can control your reactions to them. Some of your smartest trades may be the ones that you don’t make. As you evolve as a trader, being your own trade coach will help you focus on the things you can change and detach from… Read More »
Successful day traders commit to their business. Even then, most day traders fail in their first year. Brokerage firms, training services, and other traders have a vested interest in making trading seem like an easy activity that you can work into your life. But it’s a job — a job that some people love, but… Read More »
Everyone comes into the world of trading with some type of expectation. Some people see trading as a shortcut to riches while others call it a Gambling Den. The truth is trading is NOT easy but it’s also NOT “rigged.” Like any worthwhile enterprnuer Journey, trading has a steep learning curve followed by lot of… Read More »
As per SEBI’s Peak Margin circular (Collection of upfront margins), intraday leverages from Dec 1st 2020 is going to be capped at all brokerage firms, despite increased rumblings from the industry, SEBI is yet to show any signs of leniency .The cap on leverage offered will be increased in a phased manner between Dec 2020… Read More »
As people get into this great business of trading, many are exposed to a heck of a lot misinformation. So, that being said, let me lay out what I truly believe are the 5 keys to a profitable trading methodology: Reliability. This basically means at what percentage of the time do you actually make money? … 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. Surely many new traders analyze data announcements, or economic reports with the goal of buying cheaply before prices may run up, or selling ‘expensive’ before prices move lower; but those… Read More »
Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he transformed himself in a profitable trader.The same story repeats with many traders and hope the example described below can help you in improving your training. Band new Trading day has started… Read More »
To be a successful trader you need to find a “Trading Style” which suits you “THE BEST” , in terms of risk appetite, stress,money management. A trader who is not comfortable with his trading style or has not found trading style are the one who commits the trading sins and blow of their trading account.… Read More »
“The Trader’s Mindset” is what a amateur trader need to work on to move in category of professional trader. Any World Class Athlete you would have seen give much importance to the MINDSET before any big game. So its only your MIND you need to TRAIN to be a good trades. Millions of strategies but… Read More »