Has your confidence been shaken in your trading? Most of us start our trading careers in the last phase of Bull run where making money seems very easy and thinking how simple this business is compared to others. Open Terminal Put Buy and Sell Orders and you are done, No complexities involved as compared to… Read More »
“For every style of trading there will be a “perfect” market environment. When the market is aligned to the strategy that you are trading, every trade will work itself out smoothly, losses will be far and few between, and you will feel on top of the world as you watch your profits accumulate! Sooner or… Read More »
In Trading, letting your Gut Feel control you will lead to disaster. Instead, you need to have a powerful mental strength and Positive attitude, See the match of Maria Sharapova V/S No 2 Seed Simona Halep. It was Sharapova’s first appearance in Grand Slam match since drugs ban. What kept her going was the mental… Read More »
As per my experience in trading for 10+ years , the biggest obstacles for trader long term survival is Managing risk in trading Trading on your trusted and winning trading strategy Even if you control your risk on every trade and have a trading strategy that is a winner in the long term you can… Read More »
An experienced trader writes to me: “I am having a good year trading but today marks the THIRD TIME this year that I’ve made a critical error which goes against my whole philosophy of trading. I am a trend trader. That is how I make very consistent gains regardless of what the market is doing…I… Read More »
Mental Toughness in Trading In my opinion, day trading is top on the list of mentally stimulating professions. It requires a mental toughness unparalleled by any other business. For example, the influx of emotions and sensations felt by someone in a short-term trade can bring on fear stronger than that of certain death, or a… Read More »
There is a big difference between the Winner and Loser, and the difference does not lie in the way they choose their indicators or how they define entry signals. Difference lies in the MINDSET of a trader. As a trader we might have a dull period when our trades not go in right direction, same… Read More »
Recently During my training session trader asked me the following question: How to cope and manage the stress that comes with trading. I have been able to cope with the stress for a while now, but in times of market volatility I have more trouble with dealing with stress and it spilling over into my… Read More »
India Stock market are going through a Bull phase and is the best performing market for 2017. As market keep rising every day many traders are getting attracted towards it making fast bucks. Today we are discussing the thought process of new trader and the corrective steps which traders should start implementing before their trading… Read More »
As traders one of the most important but neglected topic is Risk Management. If you want to become a consistent profitable trader risk management needs to be mastered upon. It is what keeps us in the game as traders. During my interaction with traders I am often surprised to find that many traders have no… Read More »