It was nightmare for most of the traders on Friday. Indeed it was the Black Friday, proved to be unlucky for many more traders. Considering Thursday’s upward journey, traders remained in long trade and found themselves safe from unlucky 22 Friday. Considering strong up move many more had cut their shorts and taken long and… Read More »
If you want to be a consistent profitable trader in the long run there are THREE elements of trading that you must have in place.These THREE elements which we will discuss are like 3 chairs of stool if you do not follow anyone of them you are bound to fail. A Robust Backtestested and Trusted… Read More »
As its a long weekend, market has been Topsy turfy in past 4 trading session, 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… Read More »
Has your confidence been shaken in your trading? Most of us start our trading careers in the last phase of Bull run where making money seems very easy and thinking how simple this business is compared to others. Open Terminal Put Buy and Sell Orders and you are done, No complexities involved as compared to… Read More »
“For every style of trading there will be a “perfect” market environment. When the market is aligned to the strategy that you are trading, every trade will work itself out smoothly, losses will be far and few between, and you will feel on top of the world as you watch your profits accumulate! Sooner or… Read More »
As per my experience in trading for 10+ years , the biggest obstacles for trader long term survival is Managing risk in trading Trading on your trusted and winning trading strategy Even if you control your risk on every trade and have a trading strategy that is a winner in the long term you can… Read More »
An experienced trader writes to me: “I am having a good year trading but today marks the THIRD TIME this year that I’ve made a critical error which goes against my whole philosophy of trading. I am a trend trader. That is how I make very consistent gains regardless of what the market is doing…I… Read More »
Source by Paul B Farrell, JD, PhD Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another… Read More »
Mindtree Positional Traders can use the below mentioned levels Close above 472 Target 484/500 Intraday Traders can use the below mentioned levels Buy above 472 Tgt 475, 480 and 484 SL 468 Sell below 466 Tgt 463,459 and 455 SL 470 Bank Baroda Positional Traders can use the below mentioned levels Close above… Read More »
There is a big difference between the Winner and Loser, and the difference does not lie in the way they choose their indicators or how they define entry signals. Difference lies in the MINDSET of a trader. As a trader we might have a dull period when our trades not go in right direction, same… Read More »