Greed is one of the main contributors to trading loss. Greed mangles the mind by distracting the trader from what matters most in the trade, which is quite frankly to protect your capital by prudent planning and following rules. Once a trader starts doing profitable trades, overconfidence creeps in and trader wants more and more… Read More »
Many traders are always running behind news to understand the future course of action in market. With all the recent news surrounding Bank Recapitalization/Budget Rumor/ Result Season and various economic reports and other market-moving news events that happen each day, it can seem overwhelming to try and keep up with them all. What’s a trader… Read More »
Shared by Raj Taking excessive risk in relation to their trading account. When you take excessive risk in relation to your trading account, you are creating a higher level of mental engagement and stress, which impacts upon your decision making. The financial swings of each price movement are so great that they release adrenaline into… Read More »
When market are trending and you are making money, trading seems to be the best profession in the world, But market like last week trading in small range with fast volatile swing trading seems frustrating and difficult to you. Most of traders, begin their trading careers with lofty goals and a dream of making big… Read More »
A losing trader is in denial. His equity is shrinking, but he continues to jump into trades without analyzing what is going wrong. He keeps switching between markets the way an alcoholic switches between whiskey and cheap wine. An amateur whose mind isn’t strong enough to accept a small loss will eventually take the mother… Read More »
95% of Traders lose money, It is important to learn the things that allow Profitable Traders to make money on consistent basis. If you have been trading for a while but have not been profitable these may be things that you need to start doing to stop losing money. Start Following a Trading Strategy The… Read More »
In Continuation with Previous Article Stage Four: The Determined Trader 1) This is the stage in which you learn to specialize in certain markets and trading methods. 2) Without realizing it, you have finally found your style of trading after hours of hard work and research. You stick to your method and you improve it… Read More »
How often do you see big moves in the market like we in 2017 Nifty rallying all the way from 7894 to 10490 , but you never find yourself profiting much from them? How often do you close a trade out prematurely just because you think you have made enough or with a small fall… Read More »
Source Interesting Read Martin Schwartz Martin Schwartz, fondly known as “Buzzy” by trading enthusiasts, is a famous Wall Street trader who made a fortune trading stocks, futures and options. He is known for winning the U.S. Investing Championship in 1984 by bringing his $40,000 account all the way up to $20 million. He is a… Read More »
Stage One: The Clueless Trader 1) Heard of a day trader making millions, or buying options is safe and can make you rich quickly 2) Beginner Luck in first few trades. 3) You will buy just to see the market reverse and you will short just as the market starts to rally.Someone is tracking my… Read More »