We are all numb nuts. Including me. And the best part – We don’t know that we don’t know. It’s called ‘Dogmatism’ – an unshakeable belief that we know something to be true even if we don’t. It’s difficult to accept, I know. So let me take you on a wild goose chase… Listen to… Read More »
An Engineer has to clear till 12 Class, than Clear Pre Engineering entrance test Like IIT/PET. Get into a good college he needs to again clears 42 Exams in 4 years and finally, after probably years of training and education, he gets a Job and there again he need to take training to lead bigger… Read More »
In all my years of trading and talking to fellow traders, I have noticed that retails traders suffer from mostly 3 mental blind spot which affects there trading .Hopefully, after reading this, you will be able to see them coming and stop them before they destroy your account. Being Undisciplined and Uneducated A trader who… Read More »
All traders should have a good trading plan. One of the worst bad habits a trader can have is trading impulsively and without any guidelines. Traders who take the time to make a trading plan are much more likely to succeed, but even with a plan in place we can develop bad habits. A trader… Read More »
People will go to great lengths attempting to avoid discomfort. And as traders, much of what we do is in response to being uncomfortable. This is an extremely critical concept to understand and explains many trading problems and mistakes. The problem is not in being uncomfortable per se, the real problem is that our efforts… Read More »
The New Market Wizards 1. I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time. 2. I basically learned that you must get… Read More »
As we approach the end of 2016 as a trader its prudent to reflect on the mistakes you have done and make sure those mistkes are not repeated again in coming new year. Regrets are fine to have as long as you act on them. Here is a list of common regrets that traders… Read More »
Self-Confidence plays a vital role in trading success. I want to share a few things that helped me develop a winning and positive mindset. As a trader 3 vital things which every trader should focus on are mentioned below Burning Desire – Market will test your will power, Its a school of hard knocks and if… Read More »
Market are on tear past few days after US Election Results and Demonetization of 500 and 1000 Rs note. In order to avoid becoming a casualty of the herd mentality and selling at the wrong time, consider these three strategies to keep your cool in a declining stock market environment. Emotional trading can lead to… Read More »
Lets try to correlate Stock market with one of the famous childhood story of SIX Blind men and Elephant Story goes something like this Once upon a time, there were Six blind man. Once They heard someone talking about elephant which make then curious what exactly is an Elephant. To satiate themselves they took a… Read More »