Psychology matters more to trading or investing than perhaps any other income-producing activity. Here are some quotable quotes from some well known industry participants highlighting that reality… Anyone who claims to be intrigued by the “intellectual challenge of the markets” is not a trader. The markets are as intellectually challenging as a fistfight. Ultimately, trading… Read More »
Its an well known fact 90% of traders lose money and one of the reason for Losing is not having discipline in their trading. Many trader will say only people having insider Info,knowing a holy grail trading system,FII etc can make money. The fact is anyone can make money if he follows his trading plan… Read More »
Many readers have asked me the following question: “what we are watching and what we are doing is totally opposite ?” “What we would like to act and trade and we do something reverse than that as soon as we see the trading terminal! “ “I do plan ,than trade but anyhow it goes unfollowed… Read More »
I have put a Poll on Twitter (https://twitter.com/brahmesh), Which emotion is the toughest for you to control when trading? Sharing the Poll Results till now, 43% said its FEAR which is dominating them and become difficult to control. Strong emotions have affected your trading. Most of traders put lot of efforts to overcome this problem… Read More »
Same Old Story Repeated again, Create Panic on overnight news (How Mauritius India Tax Treaty change affect Stock Market) Open gaps down , everyone run to short thinking news will have negative impact but market recovers and everything looks good. Traders go long but alas market turns back and go down again, Thus the cycle… Read More »
Have you seen Virat Kohli T 20 performance in 2016: 91, 59, 117, 106, 8, 90*, 59*, 50, 8, 49, 56*, 41*, 23, 55*, 24, 82*, 89*, 75, 79, 33, 80, 100*, 14, 52, 102*. He has not achieved this due to some luck, it was the culmination of years of practice translated into a… Read More »
Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have… Read More »
Market has not been Kind to Intraday traders from past few days, We are seeing Nifty trading in small range and big moves coming in matter of minutes which most of traders are not able to catch and in the process losing out heavily. Handling losses is the MOST important quality a trader should develop.Best… Read More »
90% of traders are gamblers because they trade without a plan, risk and money management and eventually blow of their account and blames market for their losses.Whether you Buy OTM options thinking of some black swan events or buy stocks thinking its the next multibagger . Any trade taken without a plan is considered as… Read More »
Priming is an implicit memory effect in which exposure to one stimulus (i.e., perceptual pattern) influences the response to another stimulus. Will discuss 2 case studies to make you understand the PRIMING concept. Two groups of subjects in a psychology experiment are asked to memorize those words in a list that begin with vowels. The… Read More »