Successful strategies use highly disciplined trading plans. In the short term, the markets are run by the majority who are reacting to the emotions of fear and greed. It is “comforting” to be moving along with the crowd. That is why the majority do it. But it is NOT profitable. The “majority” do not profit.… Read More »
Here we are at year’s end again, and it’s time to stop trading for a bit and reflect on our past year’s trading performance. With 2018 drawing to a close, many traders are looking ahead to next year in hopes of either replicating their success or starting off with a clean slate. Regardless of their performance… Read More »
Trading seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. Enduring trading success is easier said than done, however. Trading experts note that even those traders who achieve early success don’t maintain it. It’s easy to make a series of profitable trades early in one’s… Read More »
“Any thought put into your mind and nourished regularly, will produce results in your life.” John Kehoe An affirmation is a statement made in the present about the future as if it had already occurred in the past. Let me say it more simply. An affirmation is a simple statement about what you want to become… Read More »
Many traders whom i have interacted during my Trading Sessions have one question in general “How much money do I really need to begin trading for a living?” I would then reveal the long-awaited answer Determining the amount of money you need to start down the path of trading for a living is a… Read More »
When you first learnt about the potential of trading, hearing lot of rags to rich story, a normal person do get tempted and probably venture towards trading. But then, just before you started trading, you heard stories of traders losing fortune and the Stock Market Scams of Harshad Mehtha, Ketan Parek and Satyam Scam .… 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 »
When it comes to trading psychology, in order to be successful in the markets traders must master HOW TO HANDLE LOSS. Loss aversion is being unable to accept a loss once in a trade. You tell yourself you’ll get out if you lose a certain amount, but just before getting stopped out you decide to… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
Last Few days have been a Roller Coaster Ride for Stock markets and been a classic example of How your emotions can let you to Big Loss, BJP Lost Elections RBI Governor Resigned Brain Says Its all bad news Market should go down heavily but fact is market have rallied big time. When a String… Read More »