Greedy Traders: They trade too big and risk too much because their only goal is the easy money. They usually end up blowing up their account. New Traders: They have no idea how the markets work so their only goal should be knowledge. New Traders do well to stay students until they have done their homework. Rushing… Read More »
While You are trading or planing to take a trade, It YOU from making a trade plan till trade execution irrespective of profit and loss.Many traders gives excuses like Market is bad so we lost money , Do remember market is always right its YOU where faults lies into. Surprised, you really shouldn’t be as… Read More »
Why do most fail? No Passion for Trading When people come into the world of trading many think that they only need to learn a strategy and follow the rules of that strategy. And, there are some people who actually do this for awhile. The problem with those who do not first get a good… Read More »
Emotions plays vital role in trading success and failure. Emotional trader can never be able to trade profitably as An emotional trader is likely to act impulsively and make trading errors. Emotions of Greed can come when you are in good profits instead of booking you get overpowered by your emotion and move away from… Read More »
Today we will start discussion on widespread misconception that are floating around the trading community and gets lodged into traders minds. I have been talking to many traders every week, during our talks these misconception will finally come up. A lot of these are inaccurate and ineffective ideas,which lead traders into a cycle of bad… Read More »
Emotions have no place in trading, especially for day traders as their holding period is for few hours only. Most of traders are searching for Magic Indicator or Holy Grail which will lead the desired results and will never cause any loss to them. But in Reality No matter what technical indicator or stock trading… Read More »
Someone Rightly said “Those of us who don’t learn from mistakes are destined to repeat them.” What has happened to Markets in Jan/Feb -2016 was the reminiscent of May 2006. Most of traders had no clue such a big fall can come. The 11 Most Common Mistakes of a Trader are 1. Not Having a… Read More »
I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a DISCIPLINE and COMMITTED person can learn the basics of trading in a couple months. The long answer is that it can take… Read More »
The Mind of the Losing Trader Winning Traders have faith in their trading system and do not jump from one system to another during losing steak. Almost all winning traders have come back from blowing up their accounts or losing a lot of money, they persevered while many others quit before they won. You… Read More »
There was a farmer in Africa who was happy and content. He was happy because he was content. He was content because he was happy.One day a wise man came to him and told him about the glory of diamonds and the power that goes along with them. The wise man said, “If you had… Read More »