” 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 »
New traders come to trading excited about learning, and looking for making big money in on small capital. There is rule of 90,90,90 in trading which means “90% traders Blow of 90% of trading capital in 90 trading days”. The majority of new traders can make big mistakes that take their accounts to zero during… Read More »
1) Strategy There are so many different strategies,Find one that fits your personality and do your best to master it. The fastest way to learn is to study success. In other words, find someone who is successful at the strategy you like, and then mimic them with your own style. 2) Confidence If you don’t… Read More »
Successful strategies use highly disciplined trading plans. In the short term, the markets are run by the majority who are reacting to the emotions of fear and greed. It is “comforting” to be moving along with the crowd. That is why the majority do it. But it is NOT profitable. The “majority” do not profit.… Read More »
Here we are at year’s end again, and it’s time to stop trading for a bit and reflect on our past year’s trading performance. With 2018 drawing to a close, many traders are looking ahead to next year in hopes of either replicating their success or starting off with a clean slate. Regardless of their performance… Read More »
Trading seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. Enduring trading success is easier said than done, however. Trading experts note that even those traders who achieve early success don’t maintain it. It’s easy to make a series of profitable trades early in one’s… Read More »
“Any thought put into your mind and nourished regularly, will produce results in your life.” John Kehoe An affirmation is a statement made in the present about the future as if it had already occurred in the past. Let me say it more simply. An affirmation is a simple statement about what you want to become… Read More »
Many traders whom i have interacted during my Trading Sessions have one question in general “How much money do I really need to begin trading for a living?” I would then reveal the long-awaited answer Determining the amount of money you need to start down the path of trading for a living is a… Read More »
When you first learnt about the potential of trading, hearing lot of rags to rich story, a normal person do get tempted and probably venture towards trading. But then, just before you started trading, you heard stories of traders losing fortune and the Stock Market Scams of Harshad Mehtha, Ketan Parek and Satyam Scam .… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »