Using Your Intuition Skillful traders know how to use their intuition to make quick, conclusive decisions. There are times when going with your “gut” instinct can be shrewdly accurate. There are also times, though, where your intuition can be dead wrong, and nothing more than wishful thinking. A seasoned, profitable trader knows the difference, and… Read More »
To improve at anything, we must at some point push ourselves outside our comfort zone. Discipline Your Mind: This is what helps one to gain in the market on consistent basis. When the market movements as per your trading setup asks you to enter, book profit or loss just obey it. Do not let your emotion… Read More »
Great traders are often thought of Traders having very strict risk management, and very much well versed with their trading strategies . But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions and do not get panicked in times of high volatility and do not get greedy… Read More »
Dont spent all your time admiring the fancy tools in the magazine. First learn how to use the basic ones well. Its not the size of your tools that counts but how you use them. Keep it simple. Simple time-tested methods that are well executed will beat fancy complicated method every time. Trading with poor… Read More »
Markets have been on a roller coaster ride since the start of new year week. These kind of markets are real test of trader. I firmly believe that anyone can learn to trade successfully, it’s also true that there are certain skills and abilities that one must be willing to develop before they can become… Read More »
Keeping losses small in order to avoid huge losses Why is that so? From a psychological point of view nobody wants to lose be it stock market or in any situation of life. No One want to admit He/She has done a mistake and termed as a loser. That’s why most people prefer sticking to… Read More »
Nifty has been in panic mode from past 1 Jan 637 points in 11 days and we have seen capitulation in Mid and Small caps. Most of traders were bearish were holding long and bought Call options as covered in FII analysis. With such sudden fall many traders are caught of wrong foot and now… Read More »
There are certain characteristics of the markets that take place almost all the time, when the indexes are about to approach an intermediate or long-term top or long term bottom. In order of importance, this is what you have to look at to identify market tops. Time Sentiment Market Breadth Price patterns Valuations Time Profiles:… Read More »
This is a real life story of engineer John Roebling building the Brooklyn Bridge in New York, USA back in 1870. The bridge was completed in 1883, after 13 years. In 1883, a creative engineer named John Roebling was inspired by an idea to build a spectacular bridge connecting New York with the Long Island.… Read More »
I always suggests trader to create a trading plan before markets opens and strictly execute the trades as per the plan. Its a well know adage Plan the trade and Trade the plan.Most of traders trade impulsively in trading,without any plan, they go as per there intuition and end result is losses. I have written… Read More »