Be relentless As a trader, you need to be relentless in regards to your trading approach. You cannot get discouraged after a losing trade or two, that is not the mindset of a winning trader. If You really want to be a Successful Trader . then you have to have a relentless, unwavering commitment to… Read More »
Its all about training your mind, See the video below and try to connect with your trading. Common reasons why this usually happens The trader who is highly open to experience becomes so enamored of new ideas that his/her trading becomes skewed by the latest shiny toy. The trader lacking openness to experience… Read More »
One of the questions I get asked on a during my Trading Session “Why Trading Is So Difficult?” Novice traders would have head of Famous Statement which makes them Lured towards trading “Make Trading As Your Full-Time Profession In A Weekend!”, “ Expiry Thursday Option Call Make killing In Trading! with just 50K”, “We Got… Read More »
SUCCESS IN OTHER FIELDS DOES NOT TRANSLATE INTO TRADING PERFORMANCE If you hang around traders talking shop very long (and being honest), you will hear this story repeated endlessly. Many people who have devoted themselves to becoming a professional trader have experienced success in other fields before they came to trading. They know how to… 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 »
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 »