Most traders be it Swing trader,Day Trader i have interacted during my training session do trading on the fly, take a position when it “feels right” or “Based on Intuition” Not preparing for what lies ahead for the day, week or month can be a costly proposition and can eventually bust your trading account.Most of… Read More »
During my trading session when I talk to my students reasons for losing trades , I noticed a pattern that seems to pop up pretty often when talking about losing trades. As it turns out, more and more traders are losing their trades and even getting their accounts blown up by trying to short at… Read More »
Shared by Raj Taking excessive risk in relation to their trading account. When you take excessive risk in relation to your trading account, you are creating a higher level of mental engagement and stress, which impacts upon your decision making. The financial swings of each price movement are so great that they release adrenaline into… 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 »
A losing trader is in denial. His equity is shrinking, but he continues to jump into trades without analyzing what is going wrong. He keeps switching between markets the way an alcoholic switches between whiskey and cheap wine. An amateur whose mind isn’t strong enough to accept a small loss will eventually take the mother… Read More »
95% of Traders lose money, It is important to learn the things that allow Profitable Traders to make money on consistent basis. If you have been trading for a while but have not been profitable these may be things that you need to start doing to stop losing money. Start Following a Trading Strategy The… Read More »
As 2017 come to an end and 2018 approaches, it’s an important time for a trader; it’s time for you to make an honest assessment of your trading performance over the last year. A time to start over. And, in the immortal words of one of my all-time favorite movies that I never forget to… Read More »
In Continuation with Previous Article Stage Four: The Determined Trader 1) This is the stage in which you learn to specialize in certain markets and trading methods. 2) Without realizing it, you have finally found your style of trading after hours of hard work and research. You stick to your method and you improve it… Read More »
Source Interesting Read Martin Schwartz Martin Schwartz, fondly known as “Buzzy” by trading enthusiasts, is a famous Wall Street trader who made a fortune trading stocks, futures and options. He is known for winning the U.S. Investing Championship in 1984 by bringing his $40,000 account all the way up to $20 million. He is a… Read More »
Stage One: The Clueless Trader 1) Heard of a day trader making millions, or buying options is safe and can make you rich quickly 2) Beginner Luck in first few trades. 3) You will buy just to see the market reverse and you will short just as the market starts to rally.Someone is tracking my… Read More »