The weakest link to any trading strategy is the trader that is suppose to be executing it. It is usually the mental and emotional errors of the trader that cause the 90% of unprofitable traders to lose money. Trading success is determined more by the mindset of the trader than their skills with math, economics,… Read More »
If you want to trade in Stocks/Commodity/Forex you need to know what you’re getting into. Trading is not for gamblers but for professionals.For many novice traders trading looks easy but after few trades harsh reality of trading comes out. To make your job easy i am discussing few important question you need to ask yourself… Read More »
Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading.… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
Subjective: Based on or influenced by personal feelings, tastes, or opinions.Proceeding from or taking place in a person’s mind rather than the external world. Subjective traders they are intertwined with their trades.Their signals are generally entering out of greed and exiting based on their own internal fear. The believe in their opinions more than the… Read More »
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 »