When trading goes right, it can be a great feeling. When trading goes wrong it can be a nightmare. Fortunes are made in a matter of weeks and lost in a matter of minutes.This pattern keep repeating itself again and again.For a trader to be successful he must acknowledge this pattern and then break it.… Read More »
If you ever met a successful trader one thing you would have noticed most of them in some part of there life were related to sports. What’s the connection between being an sportsman and stock market trader? I believe it has everything to do with the qualities and the mindset that these individuals have. I… Read More »
During my Trading session most of traders I interact with want to become Full time trader, They want to ‘Make enough money to leave their job and become independent.’ Well it might sound exciting but the reality is not what it seems. Let me give you a blueprint what should be the thought process before… Read More »
If you want to be a successful trader, You need to have a VISION on what you want to do and goal setting is the first thing traders should do. Unfortunately, many traders jump right into trading without giving the first thought to where they’d like their new found profession to take them. As per… Read More »
Excellent Article from Brett N. Steenbarger, Ph.D. 1) Self-talk while trading – Is it angry and frustrated; negative and defeated? How much of your self-talk is market strategy focused, and how much is self-focused? Is your self-talk constructive, and would you want others to be talking with you that way while you’re trading? 2) What… Read More »
Long term investors – Warren Buffett is the best-known example – prefer to leave their money in the markets to reap the rewards of compounding. Jesse Livermore – a trader – thought this was unwise. His opinion was that, after a successful trade, traders “should make it a rule to take one-half of the profits… Read More »
I’ve got some exciting news to share with you. I was invited to speak at a super cool trading event and I have a ticket for you! I’m joining 25+ world-class traders (names like Peter Brandt, Jack Schwager, Mike Bellafiore, Adam Khoo, and so many more!) at the Online Trading Summit 2019 https://academy.traderwave.com/a/18609/zo87Kszf happening during… Read More »
Its been a roller coaster rise from past few trading session and many traders asked me “Can money be made in trading ?” Let me try to answer the same. Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big traders… Read More »
I have had many readers through the years and students of my trading course –most of whom were less-experienced traders–tell me that at some point in the future they planned to quit their 9-5 jobs and become a full-time trader. Traders who have recently entered market and made good money also plan to become a… Read More »
When market are trending and you are making money, trading seems to be the best profession in the world, But market like last week trading in small range with fast volatile swing trading seems frustrating and difficult to you. Most of traders, begin their trading careers with lofty goals and a dream of making big… Read More »