In everyday life, bad habits can have any number of side effects. Weight gain, illness or social exclusion, for example. Bad trading habits, by contrast, affect people in just one way.They lose money. Letting costly habits creep into your trading is all too easy to allow. After all, you don’t have a boss to tell… Read More »
I am saddened by the terrible news of the passing away of veteran investor, business magnate and stock trader Shri Rakesh Jhunjhunwala this morning. May the departed soul rest in eternal peace and may Prabhu Mahaveer give strength to his family members and loved ones. Om Shanti The man who led many young minds to… Read More »
It’s always refreshing to take a few days off from the markets and use this as an opportunity to not only relax, but also to get prepared for profitable trading. Holiday Break like we are having now 13-15 Aug offers us an opportunity to set specific goals and get ourselves into good new habits and… Read More »
When you want to make something, it takes time to get it done. A fashion designer initially has an idea, he draws a sketch, gets the material, cuts out a pattern, finally the pieces of fabric are sewn together according to the template – and the garment is finished. Behavior change is born like a… Read More »
Trading is very lucrative because of its low entry barriers like: Anyone can open a trading account easily. You can start trading even with low capital. You can trade from anywhere using just a laptop or a mobile. We have read the stories, heard the rags to riches stories, and even known real people close… Read More »
Losses are an inevitable part of trading. With experience, traders will learn how to accept them and actually gather useful lessons from them. A large trading loss can be devastating — not only financially, but emotionally As defeating as losses feel, how we react to loss that is more important than the loss itself. Inexperienced… 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 »
If you’re reading this blog post because you actually think there is some one thing that successful traders know that unsuccessful ones don’t, then let me first say: There is no single secret to successful trading! And by that I mean there is no secret wisdom passed down from master to pupil, or sacred texts… Read More »
I don’t know any trader who doesn’t struggle at times with their emotions. Likewise, I don’t know any trader who doesn’t wish that they could control their emotions better. Here’s an excerpt from an email I just received from a trader named Srinivasa: I have a problem with hesitation. Even though I have a strategy… Read More »
How to become a profitable trader has far more to do with mindset than with a specific trading strategy. In fact, no trading strategy can be profitable if a trader has the wrong mindset. Today we will discuss How traders can optimize their trading mindset Trading Goals This really is the kind of principle that… Read More »