Trading Methodology: Winning system-Only trade tested systems with a positive expectancy in the long term. Faith– Your system has to allow you to trade your beliefs about the market. Risk/Reward-Never trade unless your profit expectations are greater than your capital at risk. Trader Psychology: Discipline-You have to keep trading your method even when it doesn’t… Read More »
Greed is one of the main contributors to trading loss. Greed mangles the mind by distracting the trader from what matters most in the trade, which is quite frankly to protect your capital by prudent planning and following rules. Once a trader starts doing profitable trades, overconfidence creeps in and trader wants more and more… Read More »
Financial Markets are under rout all round the globe. Whether you are day trader, positional trader or swing trader ,there are fundamental skills that each trader should master. Skill-building activities will help you sharpen your ability to make money and cash in on critical market movements like what we are seeing now. 1. Never ever go for perfect… Read More »
Trading is a profession where even if you are having 10 years of experience but still you might be losing money. So what are the qualities of loss making traders, If you are having any of them, Beware !! Get your act together and get rid of these bad habits. Loss Making Trader do… Read More »
Great traders have really mastered a core set of skills: 1. They recognize when they are wrong. 2. They incorporate new information into their existing plans. 3. They execute at a high level. They perform. 4. They recognize when they are right, and they push their winners. Below, I review each core competency in greater… Read More »
Amateur traders find trading is shortcut way of getting rich quickly, But traders needs to be aware of the stressful aspects of trading and what to do deal with them.Its inevitable a trader has to experience this stressful time in his trading career. Below we have discussed stressful situation experienced by traders and how to… Read More »
Trading is really not as much of a numbers game as it is a mind game. Winning or losing in the long term will come down to whether you quit or keep going on your trading journey. Trading is not for everyone, there is no easy money in the markets. You will fight for your… Read More »
Being a trader is easy. All you have to do is to open an account, deposit some money and then you can start buying and selling currencies, indexes, commodities, stocks and more. However, when are you ready to become a professional trader and do nothing but to trade all day long? 1. Capital With… Read More »
Confidence is trait which a trade needs to develop to make money on consistent basis.Trading success is achieved when trader is able to execute trades confidently and overcoming trading emotions. Traders can develop confidence in long run when they have a back-tested strategy on whom they trust without any doubt, a trading plan to work… Read More »
One of the most successful trait of Professional traders have is ability to control their emotions. So Lets discuss today how an amateur traders can also acquire skills to control their emotion in the heat of moment when quick decision needs to be taken during trading . Use Your Brain I definitely think every trader… Read More »