Bruce Stanley Kovner is the founder and Chairman of Caxton Associates, a hedge fund that trades a global macro strategy and is considered amongst the worlds top and largest 10 hedge funds with an estimated $14 billion under management . In March 2011, Kovner had an estimated net worth of around $4.5 billion On protecting… Read More »
I receive many mails stating “Bramesh Sir, The performance sheet you give for Intraday and Positional trades do not match with our trading sheet, Sometimes our profit are less than your sheet but overall we are in profit.” I totally agree with the fellow reader that performance will change from trader to trader. It depends… Read More »
“The physician has to spend long years learning anatomy, physiology, materia medica and collateral subjects by the dozen. “He learns the theory and then proceeds to devote his life to the practice. He observes and classifies all sorts of pathological phenomena. He learns to diagnose. If his diagnosis is correct – and that depends upon… Read More »
80% of trading is behavioral, maybe only 20% is based on the other things that a trader does. Like much of personal finance it is not the math but the behavior that makes all the difference. Most people’s problem with being broke does not lie in their budget it is due to their behavior of… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
When trading you should maintain a businesslike attitude and take your investment seriously. There are common bad habits that can prove severely detrimental to your trading account and every trader should do his or her best to completely avoid committing them. 1. Unreasonable Expectations Most of you have heard stories of traders from Rs 50000… Read More »
Trading is difficult. Of the many that try, few realize enduring success. 90% are pure losers, It taken at least 5000 hours of screen time to be a successful trader, mind you its just one of the requirement of many you need to evolve yourself as successful trader. If you can work tirelessly, wait long… Read More »
Holding on to losing trades and getting rid of winning trades. Here we go again: the old but I dont like to lose argument. Its human nature to hold onto losses in the hopes that they will rebound. You will have losing trades; get used to that fact. Focusing on how you manage loss rather… Read More »
Every traders goal is to set himself apart from the crowd and avoid losing money. As the famous 90 Rule 90% of trader losr 90% of capital in 90 days. To be a consistent in trading, avoid making the following mistakes. 1. Looking for a Perfect System. Traders who skip around from one method, system,… Read More »