Tested Classic Stock Trading Rules by Linda Bradford Raschke 1. Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t take the market home. 5. Continually set higher trading goals. 6. Successful traders buy into bad news and… Read More »
In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Before starting the article a small note, If You Really Enjoy my article, Could you please do me a ‘Huge favor’ after you have finished reading today’s lesson. Please click the Facebook… Read More »
Trading can be a lot like gambling if you let it be so. How can trading be gambling? Many of my Students have one thing in Common “I make money in the morning, but I lose money in the afternoon.” As I sit and talk with those types of students, I often find that they… Read More »
Confidence is the most important psychological tool for the trader, Without Confidence on your abilities and trading system success in trading will be inevitable. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely and… Read More »
Trading is a Skill and it takes time to develop the Skill.Trading is simply like learning to drive a car, it is a skill that anyone can learn. Trading doesn’t take extreme intelligence , it simply is hard work, determination and lot and lot of sincerity. Any person who need to become master of a… Read More »
Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading.… Read More »
Majority of Traders who trade Stock markets know when/How to enter the trade but 95% of traders do not know when not to enter the trade or when not to trade. Trader should trade when opportunity arises based on his trading system and trading strategy. Knowing when not to trade is also a vital part… Read More »
The day I started trading I hoped to make lot of money, and ultimate goal of every trader is to trade for a living. My Guru asked me how you are going to make “a lot of money”, I said some blah blah but Honestly speaking I did not had any concrete answer. Somewhere in… Read More »
Phases of Trade Analysis The Expectation Phase: A technical trader anticipates that a past price pattern will repeat again, so he identifies the pattern, locates a current one and determines a suitable match is present. Technical analysis is nothing more than finding previous price patterns matched with current market conditions. As the Old saying Goes… Read More »
Every trader who starts trading wants to trade big accounts but very few of us actually get to do this. Most traders are stuck with trading relatively small accounts not more than 5 lakhs and most of them go bust. Trading a small account requires very strict risk management and money management with strong mental… Read More »