Some people believe trading is like gambling. It’s not. In a gambling game, you have to participate to lose and do absolutely nothing to stop losing. If, after one bet, you don’t put another bet on the table, you will not lose. There is also no way you’ll win. But, at that point (if you… Read More »
It’s kind of strange in a world with no rules (like trading) that it’s so important to have a specific set of rules that you follow religiously. I mean, let’s be honest, trading really doesn’t have any rules. You can get in whenever you want. You can get out whenever you want. You can add… Read More »
ACTING IN YOUR OWN BEST INTEREST It is the most important concept you can learn in order to be a successful trader. If you can master this skill, you can be very successful in this business. But without it, you are destined to fail. It really is that simple. If you can learn to act… Read More »
In the fast-paced world of trading, success is often attributed to a combination of skill, strategy, and timing. However, one aspect that is often overlooked but equally crucial is the trader’s mindset. Cultivating discipline and patience forms the bedrock of a winning mindset in trading, enabling traders to navigate the volatile markets with resilience and… Read More »
The Market is used to fool traders, for often when stocks look the weakest on the tape, they are the strongest as accumulation is taking place. At other times when they are booming and very active and appear the strongest, they are really the weakest, because the insiders are selling while everybody is enthusiastic and… Read More »
With the advent of New Financial Year 2024-25 from 1 April 2025 we all should make resolution for improving our trading results for coming Financial year. Trader should DARE the Mr Market for 2016-17. Let me explain it in more details: Discipline Analyze Risk Education Discipline Every time we begin our trading sessions, we need… Read More »
Trading in the financial markets can be a highly rewarding endeavor, but it’s not without its fair share of challenges and emotions. Fear is a common emotion that every trader experiences at some point in their journey. Whether it’s the fear of losing money, making the wrong decision, or missing out on an opportunity, managing… Read More »
Any quick drive through Goa Casino makes it pretty clear who is making in the money –the Casinos! Why do gamblers keep going back despite losing most of the time? Big hope of making good money in extreme short term. No Plan, Not understanding probabilities Not knowing when to Stop gambling Gambling based on Gut… Read More »
June 2023 Expiry is coming to an end, Have a look at your ledger and see were you able to make profit for the series. If yes Well and Good If no ask yourself the following questions: 1. Do I treat my trading like a business? Have I prepared for it the way I would… Read More »
Amateur Versus Professional Stock Trader Rules are what separate a day trader from a professional trader. The only good time to break a rule is never. Barriers are made to be broken not rules, you can have one or the other not both. The most important rule. A trader must create their own rules. They know… Read More »