Different shapes and forms. Failure comes in all different shapes and forms. The distance you fall after a failure, time it took to get to the failure,and whether you get back up determines that shape and form. I realize there are a million posts on why failure is important but success is important, especially in trading.… Read More »
1. OPTIMISM – It all starts with a hunch or a positive outlook leading us to buy a stock. 2. EXCITEMENT – Things start moving our way and we get giddy inside. We start to anticipate and hope that a possible success story is in the making. 3. THRILL – The market continues to be favorable and we… Read More »
With the advent of 2013 we all make resolution so lets discuses Trader’s Resolutions for 2013 Trader should DARE the Mr Market for 2013. Let me explain it in more details: Discipline Analyze Risk Education Discipline We all need to be disciplined along with using good money and risk management skills, yet too much… Read More »
2012 will be an History after 11 Hours. As a Stock market trader we need to evolve as per market dynamics and be prepared to hit your goals. Traders should do brain storming and self evaluation to highlight the mistake which can ruin their trading account if not contained.Below are few mistakes traders should avoid… Read More »
This kind of get-rich-quick thinking is hard to shake, and it keeps many traders from reaching their full potential. The Danger of Gambling Psychology in Trading If you trade like a gambler, you’re bound to lose money. You’ll make bad trades. You’ll throw good money after bad. And eventually, you’ll find yourself wondering where all… Read More »
On September 16, 1992 – later dubbed “Black Wednesday” — the day the British government abandoned the European Exchange Rate Mechanism (ERM), and the pound was devalued by 20% George Soros made over $1.2 billion on his short sterling trade and was dubbed “The Man Who Broke the Bank of England.” Soros funds management has… Read More »
Great traders are often thought of as talented anticipators of direction or momentum, or as exceptionally skilled risk managers, which many are. But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions. Use Your Head! I definitely think every trader struggles with controlling our emotions from time… Read More »
by Janice Dorn, M.D., Ph.D. You must live in the present, launch yourself on every wave, and find your eternity in each moment…Henry David Thoreau How do we create our best life?How do we find that longed-for balance of fulfillment, orderliness, financial stability, and relationships? How do we produce the outcome we want in any… Read More »
I have interacted with many traders and first question i ask them during my interaction with them How much return you are expecting out of the market? I get some weird answer like 50% ,100% on monthly basis and little sensible answer like 15-20%. So lets discuss a scenario to understand risk management in trading… Read More »
by Reality Trader Have you ever heard something like “The market is a battle, be ready to fight with all you’ve got,” or “The market is a war,” or any variation of this theme? I bet you have, it’s a fairly common theme. But is it true, or better question might be: is this a… Read More »