Below are the Important Points from The Disciplined Trader by Mark Douglas. Shared by Shirish Intro Reaching the level of success they desire as traders will require them to make at least some, if not many, changes in the way they perceive market action. The markets have absolutely no power or control over you, no… Read More »
Every trader want to develop/Learn a winning trading system It doesn’t matter if you purchase one and tweak or develop out your own trading system. A trading system is a set of rules that gives buy and sell signals without any ambiguity or any subjective elements.The primary aim of a trading system is to manage… Read More »
Have you seen Virat Kohli T 20 performance in 2016: 91, 59, 117, 106, 8, 90*, 59*, 50, 8, 49, 56*, 41*, 23, 55*, 24, 82*, 89*, 75, 79, 33, 80, 100*, 14, 52, 102*. He has not achieved this due to some luck, it was the culmination of years of practice translated into a… Read More »
Trading is a craft that demands a certain level of discipline. Not only do you have to stick to a set of trading rules, you also have to be able to execute your trade as per your rules and trading plan. Market will always test you and any trade your become overconfident market will give… Read More »
Some traders do not like to be wrong; in fact, from an ego perspective, none of us really like to be wrong. If you interpret a losing trade as being wrong, then you are going to naturally not want to incur any losing trades; and again, this can best be achieved by not trading, or… Read More »
Below are the Nifty and Bank Nifty Weekly Options Trading Levels for 08 April. Options are for 09 April Weekly Expiry Bank Nifty Weekly Call Options for LONG Trade for 08 April Bank Nifty Weekly PUT Options for LONG Trade for 08 April Bank Nifty Weekly Call Options for SHORT Trade for 08 April Bank… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
You may have put extra effort into your trading to try to overcome this problem, learning more about technical analysis and maybe trading psychology. But that doesn’t seem to matter. When you get into a trade you Following Happen 1. You feel your nerves rise. 2. Your attention rivets onto Price flashing in terminal,Every Tick… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
A frequent mistake most of trader do is to focus on making money. If a trader is not profitable which 0% of traders are , the primary focus must be to first stop the bleeding. I know we all come to trading with ideas of making money, and of course, that is the goal, but… Read More »