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 »
“A stock operator has to fight a lot of expensive enemies within himself.” – Jesse Livermore As Old saying says Learn from the mistake of other so as you do not have to repent again. Jesse Livermore was a pioneer in the trading world. He was one of the very first trend traders, rule based… 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 to… Read More »
” Patience is a virtue which many talk about but few have ” The most common trait of successful and profitable trader, they are patient and wait for right trading opportunity as per their trading system. Many amateur trading never reach the professional level because they “Over Trade” . Most of newbie traders fell more… Read More »
Its all about training your mind, See the video below and try to connect with your trading. Common reasons why this usually happens The trader who is highly open to experience becomes so enamored of new ideas that his/her trading becomes skewed by the latest shiny toy. The trader lacking openness to experience… Read More »
One of the questions I get asked on a during my Trading Session “Why Trading Is So Difficult?” Novice traders would have head of Famous Statement which makes them Lured towards trading “Make Trading As Your Full-Time Profession In A Weekend!”, “ Expiry Thursday Option Call Make killing In Trading! with just 50K”, “We Got… Read More »
SUCCESS IN OTHER FIELDS DOES NOT TRANSLATE INTO TRADING PERFORMANCE If you hang around traders talking shop very long (and being honest), you will hear this story repeated endlessly. Many people who have devoted themselves to becoming a professional trader have experienced success in other fields before they came to trading. They know how to… Read More »
” Patience is a virtue which many talk about but few have ” The most common trait of successful and profitable trader, they are patient and wait for right trading opportunity as per their trading system. Many amateur trading never reach the professional level because they “Over Trade” . Most of newbie traders fell more… Read More »
New traders come to trading excited about learning, and looking for making big money in on small capital. There is rule of 90,90,90 in trading which means “90% traders Blow of 90% of trading capital in 90 trading days”. The majority of new traders can make big mistakes that take their accounts to zero during… Read More »
Successful strategies use highly disciplined trading plans. In the short term, the markets are run by the majority who are reacting to the emotions of fear and greed. It is “comforting” to be moving along with the crowd. That is why the majority do it. But it is NOT profitable. The “majority” do not profit.… Read More »