In Continuation with Previous Article Lack of Patience Trading is game of waiting, its Like Lion going for His KILL. If Trader has Lack of Patience big profit will not come and if Big profits do not come long term sustainability is not possible. Its a well known thing markets trend only 20% of the… Read More »
Why Do Traders Lose? This study showed that less than 2% of traders were profitable net of all fees. In fact: 40% of day traders quit within a month 87% of traders quit within 3 years 93% of traders quit within 5 years All sorts of reasons are given for it, such as money management,black… Read More »
Arvind Intraday Traders can use the below mentioned levels Buy above 364 Tgt 368, 372 and 376 SL 361 Sell below 358 Tgt 354,351 and 346 SL 361 ZEE Intraday Traders can use the below mentioned levels Buy above 516 Tgt 521, 525 and 530 SL 513 Sell below 510 Tgt 506.5,501 and 492… Read More »
BEL Intraday Traders can use the below mentioned levels Buy above 1285 Tgt 1292, 1301 and 1320 SL 1278 Sell below 1270 Tgt 1263,1252 and 1244 SL 1276 I BUlls Housing Positional Traders can use the below mentioned levels Close above 866 Target 898/910 Intraday Traders can use the below mentioned levels Buy above… Read More »
As a trader, you don’t have to be super smart, many Doctor Engineer and Scientist who were best in their field have failed in trading miserably and few of my students who have not even graduated have done wonders :). Whats the difference The Successful traders can control their emotions and are mentally very very … Read More »
Source The kind of trader you are will affect — or should affect — your trading strategy. It helps to know your trader type so you can trade effectively and in a way that feels right for you. To determine your trader type, take the following quiz. The quiz Which statement best describes you when… Read More »
“As a trader, you have to decide what is more important—being right or making money—because the two are not always compatible or consistent with one another.” -Mark Douglas Only 2-3% of total traders are profitable in trading on consistent basis. If you are trading without having an edge you fall in category of 95% losing… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 20 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared to… Read More »
May this Dussehra,light up for U.The hopes of Happy times, And dreams for a year full of smiles! Wish U Happy Dasara….. When Someone say I am Full Time Trader what image do you get in your mind. Most of them assume that He is a guy who is stuck to the monitor for the… Read More »
Nicolas Darvas has inspired traders for many generations. His book, “How I Made 2,000,000 in the Stock Market” is one that you’ll find on many recommended reading lists including my own. While some have argued that much of Darvas’ success had to do with lucky timing, his books are still widely read and for good… Read More »