Got from a Blog Reader.. Worth a Read An insightful post from Dave Kelly asks the question, *”Why is it so hard to be inactive*?” in markets. Many a trader I’ve known has traded very well and profitably, only to see those profits vanish through unnecessary trading. They have trouble with patience, with the not-trading… Read More »
By Raj The greatest number of losing traders is found in the short-term and intraday ranks. This has less to do with the time frame and more to do with the fact that many of these traders lack proper preparation and a well thought-out game plan. By trading in the time frame most unforgiving of… Read More »
Muhurat trading is the auspicious day on the day of Diwali is done traditionally to celebrate the Hindu New Year. It is a symbolic ritual which has been performed for years. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings in wealth and prosperity… Read More »
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 »