Results season is in full swings and stocks whose results will be coming are going to be volatile. Most of traders will be lured by the idea if one trade goes right i can make big money but one wrong trade can wipe off also. In trading activity alone does not make money, the right… Read More »
In a recent survey,I held on my Twitter 63% of traders indicated that they would like to be able to trade without emotion. Is this the same for you? Would you also like to be able to trade without emotion? The reality is that you could not trade without emotion, and when you understand this… Read More »
Being a Greedy and Carefree Most traders are no different from gamblers at the casino; they are all just chasing the ‘big win’. It’s an addictive game that gets in your blood and doesn’t get out until you blow off your trading account multiple or more times. Stop chasing the big winner on every trade… 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 »
Source If you are a trend follower then you must have heard of Ed Seykota. Ed Seykota was first featured in the book “Market Wizards” and has one of the best track record of all time. In one of the accounts he managed, he had a return of 250,000% over a 16 year period. Comparable to the likes of Warren Buffet,… Read More »
For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »
There is nothing simple or painless about trading for a living.Its a competitive world out there. You have to compete with FII’s,DII’s, HNI’s , Operators, defeat other gladiators, and not get yourself killed in the process. How much should be your Stock Trading Capital Here are a few ways to become a better trader and… Read More »
W.D.Gann’s Rules: No One Owes You Anything You must succeed on your own. It is all up to you. The markets, stockbrokers, brokerage firms, news letters don’t owe you anything. Gann never took anyone’s newsletter. He did it all himself. The markets are there to provide you a service for buying and selling the markets you are trading.… Read More »
Have you ever experienced a trading InConsistently ? Inconsistent Trading is the cycle of successfully making money for a certain period of time, and then becoming overconfident and careless, which usually leads to losing trades. Most of traders at certain point of time has gone through the cycle of Inconsistent trading. In fact, we experience… Read More »
Amateur retail traders tend to think that the professional trader or Institutional investor have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit and a professional traders zeros down to the trading mindset and trading psychology.The difference between… Read More »