Nifty has been rallying from past 1 week, 260 points in 5 days. Most of traders were bearish were holding shorts. With such sudden spurt many traders are caught of wrong foot and now finding it difficult to cut their trading looses and go with the main trend. The fear most of traders have What… Read More »
Its always said Confidence is the part of successful person.Having Confidence in ourself a person can do wonders, Same applies to trading also. Types of confidence among traders: First, is what I call ‘false confidence’ That’s the person who talks big and poses like a big shot. This type of person often takes big risks… Read More »
What is the Barometer of success for a trader ? Any guesses… There is only a single way you can define your success, By Counting your Real Profit. Real Profit should never be confused with un realized gains or Unrealized loses as there are all on paper. Real Profit is the money which moves out… Read More »
When a trader takes a trade, they experience wide range of emotions from panic in case trade is nearing stop loss to Greed when trade is nearing target thinking “Aur upar jayega abhi Hold karo” This attitude of trade lead to looses. Yesterday ie. Budget Day many traders did not book profit when Nifty/stock were… Read More »
1. Bulls make a little. Bears make a little. Pigs get slaughtered In other words, do not be a greedy trader. If you are a bull, don’t expect to get in at the bottom and out at the top. If you are a bear, don’t expect to pick an exact market top and ride a… Read More »
New traders may get lucky for awhile and bad traders may win big in the short term but in the long term the market gives every trader exactly what they have earned. While traders can win in the long term with many different types of robust trading methods a trader with no self control will… Read More »
Traders who trade financial markets should also know when to stay out or not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part of trading plan .Wait for opportunity to come think of Sachin he does not hit… Read More »
Trading is a fascinating job, As a trader there is no need commute to work place, No Boss to Nag you, no project deadline. You are your own master and you decide when to work and when not to. Many people heard stories of traders make million in short frame of time, and get attracted… Read More »
I want to talk to you about what an average trader is. The majority of people fall into this ‘average trader’ category. Basically, they seem to think that trading is easy and for whatever reason they buy a stock, the stock’s immediately going to go in their favor. Heaven forbid they actually are successful, because… Read More »
” Patience is a virtue which many talk about but few have ” The most common trait of successful and profitable trader, they are patient and wait for right trading opportunity as per their trading system. Many amateur trading never reach the professional level because they “Over Trade” . Most of newbie traders fell more… Read More »