Elite performers in all competitive fields study the past to help improve their ability in the future. The same goes for elite traders. Today we will disucss 3 reasons why you should keep a trading journal. You’ve most likely heard it before that journaling can be used to improve your trading, but for whatever reason… Read More »
Have you ever been unnecessarily over conscious about your trading that it affected your performance negatively? Then you, have just experienced a classic case of stage fright or performance anxiety. Performance anxiety usually occurs when you scrutinize every single detail of your trading decisions too much, to the point that each action becomes subject to… Read More »
Most of us want to be as perfect as we can. We do not want to experience failure or setbacks or roadblocks. In fact, most of us have been raised that failure, in any case and at any time, is ‘bad’ and success is ‘good’. So if that is the case, then thinking in a very simplistic and… Read More »
I’ve been getting a lot of questions about it confidence lately. In my experience as a trader and performance coach, I see three types of confidence among traders, and the type of confidence is of critical importance when it comes to discipline. The three types of confidence: False/Imaginary Confidence Temporary/On-Off Confidence True Confidence False… Read More »
Didi Investor Lost Money in Adani Enterprises Adani Enterprises crashed 83 per cent to an intraday low of Rs 106.35 on Wednesday as its share price was adjusted for demerger of its port, power and transmission businesses. June 4 is the record date for demerger. Under a corporate restructuring, Adani Enterprises demerged its ports business… Read More »
I will follow a trading plan to guide my trading – therefore my job will be one of patience and discipline. I will plan each trade carefully – I will not jump into trades by fear of missing out. I will monitor the market’s current picture. I will manage my trades to protect my… Read More »
Most of the best/Professional traders I have read about and know of personally do not predict what will happen they trade what is happening. New/Amateur traders always want to predict, they want to argue about their beliefs and why something must happen or will happen. Most Professional traders are rich because they are flexible, they… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 10 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared… Read More »
Disposition Effect: It’s a tendency to close a profitable position early and hold on to a losing position longer, hoping that prices recover. Researchers working at the Centre For Analytical Finance at Indian School of Business, after examining terabytes of data pertaining to trading behavior of retail and institutional traders, found that trading done by… Read More »
Some describe trading as purely based on “LUCK” , “Tukka marna” as we call it in Hindi, but from my perceptive trading is all about “Skills” . Skills take time to develop. Take an Example of Engineer, To get an Engineering degree a student has to study for 6 years ( 2 Years for entrance… Read More »