Category Archives: Trader Characteristics

From Gambler to Trader: Breaking Free from the Casino Mentality in Trading

By | July 4, 2023 3:39 pm

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 »

Unveiling the Trading Rules of Professional Traders: Key Insights and Strategies

By | June 28, 2023 4:04 pm

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 »

Mastering Confident Trading: Insights from Super Traders

By | June 26, 2023 3:59 pm

Confidence is trait which a trader needs to develop to make money on consistent basis. Trading success is achieved when trader is able to execute trades confidently and overcoming trading emotions. Traders can develop confidence in long run when they have a back-tested strategy on whom they trust without any doubt, a trading plan to… Read More »

The Psychology of Market Behavior: Emotions and Biases at Play

By | May 24, 2023 3:51 pm

Unsuccessful traders are obsessed with market and data analysis. They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying create (the illusion) of certainty where it just doesn’t exist.… Read More »

“Unlocking Success in Trading: Tips, and Tools for Traders

By | May 17, 2023 4:57 pm

Trading can be a highly rewarding endeavor, but achieving success in this competitive field requires knowledge, skills, and a well-defined strategy. Whether you’re a novice trader or looking to take your trading career to the next level, this comprehensive guide will provide you with valuable insights, proven strategies, and essential tips to help you achieve… Read More »

Tips for Traders: How to Recover from a Devastating Trading Loss

By | March 20, 2023 6:18 pm

Trading can be a thrilling and lucrative pursuit, but it’s not without its risks. No matter how experienced or skilled you are as a trader, there’s always the possibility of a big trading loss. Whether it’s due to a bad trade, unexpected market events, or personal circumstances, a significant loss can be devastating both financially… Read More »