Nifty did a one way ride in past 2 weeks from low of 5119 till today’s high of 5900. One of the most spectacular rally of 800 points in small time frame. These kinds of rallies have been coming and will be coming for next many many years. But important thing is were you part… Read More »
The day I started trading I hoped to make lot of money, and ultimate goal of every trader is to trade for a living. My Guru asked me how you are going to make “a lot of money”, I said some blah blah but Honestly speaking I did not had any concrete answer. Somewhere in… Read More »
Everyone wants to know how much money they can earn if they learn to trade. Can they fulfill their financial goals and make trading for a living. Trading as a Business offer flexibility in schedule, working from any part of world, there would be no hassles with customers or employees and low overhead expenses ie.… Read More »
Self-Confidence is one of the most important quality required by human being in any business venture. Professor Raj Persaud posits that true self-confidence comes from an attitude where you: Promise yourself, no matter how difficult the problem life throws at you, that you will try as hard as you can to help yourself. You acknowledge… Read More »
When you first learnt about the potential of trading, hearing lot of rags to rich story, a normal person do get tempted and probably venture towards trading. But then, just before you started trading, you heard stories of traders losing fortune and the Stock Market Scams of Harshad Mehtha, Ketan Parek and Satyam Scam .… Read More »
In Continuation of previous Article Secrets of Highly Profitable Traders Part-1 1. Passion and Fire to Keep going The most successful traders are passionate about what they do. They love trading however taxing it might become and they are ready to put lot of hard work.With such a trader, you will find that the trader enjoys… Read More »
Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, The Stochastic Oscillator “doesn’t follow price, it doesn’t follow volume or anything like that. It… Read More »
Some of today’s great trading philosophies actually date back to the early to mid-1900s.And W.D. Gann, Jesse Livermore and Richard D. Wyckoff all were considered “market mavens” of that time,according to author Jim Wyckoff. “They stressed hard work and preparation as pre-conditions for successful trading of markets. Their work is still valid and renowned by… Read More »
Big Swings came in market in August and many traders emotions were high as Markets were swinging wildly.Many traders “Hoped” of making a killing and few are living in “Regret” of missing the rally. Lets analyze both Hope and Regret emotions and understand how these are fatal for your trading career. Hope Hope is a… Read More »
Discipline your self: This is what helps one to gain in the market. When the market movements as per your trading setup asks you to enter, book profit or loss just obey it. Do not let your emotion enter here thinking you will beat the market. You can always enter the position later on instead of… Read More »