I was having a talk with one of my friend who recently started trading commodities, He trades in Gold and Crude. As all new traders he had very high expectation, he was telling me that few of his friends made very good money trading commodities and he was really excited in trading commodities, I asked… Read More »
Great traders that we have had the pleasure to know and to be around, on exchange floors and on trade desks, had certain repeatable traits that all level traders can learn, or take something from; Having Confidence on themselves and Discipline on their trading system Faith in their own ability. Humility, and a willingness to… Read More »
Losses is one thing which most of traders fear but its an part and parcel of traders life.The more you fear from them, more will they come to you. So as a trader you should understand how to deal with trading losses. First of all, understand that losses are a necessary part of any risk… Read More »
What is the Ultimate goal of trader who trades Futures/Stocks or Commodity? The answer is quiet simple Profits. But majority of trades never achive their trading goals and are wiped out of the market. However, there are a few general trading tenets to which all successful traders have subscribed. One such trading tenet is “losing… Read More »
Traders always are working on a double edged sword; Small mistake committed by them can turn out to be large loss for their trading account. Trading is a high risk profession and you should always be on your toes else one move by market against you, can wipe out your whole trading account. A trader… Read More »
Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers have shared through interviews and books that may help traders who are making mental mistakes in their trading. Psychological Traits of the Forex/Commodity /Stocks Trader, All have the below points in common. Try… Read More »
Many readers have asked me the following question: “what we are watching and what we are doing is totally opposite ?” “What we would like to act and trade and we do something reverse than that as soon as we see the trading terminal! ” “I do plan ,than trade but anyhow it goes unfollowed… Read More »
I was very happy to discover that the Forbes Rich List was scattered with investors and hedge fund managers who have profited handsomely despite giving fundamentals a back seat. Here are my favourites from the 2012 list: 2012 Forbes – #82 James Simons – 11.0 Billion Sometimes referred to as the “Quant King” he is also a… Read More »
Marty Schwartz Originally a stock analyst but got sick of having to write bullish investment advice on overpriced companies. He developed and combined several technical indicators in an effort to determine lower risk entry points for his trades. Schwartz found success when he shifted to technical analysis and focused on mathematical probabilities. He ran his… Read More »
Amateur trader are the ones who enter market to make money quickly and in turn lose most of their trading capital come back again with trading capital go bust again and cycle keeps on repeating for 3-4 years and eventually they quit market thinking its all manipulation which goes on. Amateur trader blames market for… Read More »