Here we are at year’s end again, and it’s time to stop trading for a bit and reflect on our past year’s trading performance. With 2018 drawing to a close, many traders are looking ahead to next year in hopes of either replicating their success or starting off with a clean slate. Regardless of their performance… Read More »
Trading seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. Enduring trading success is easier said than done, however. Trading experts note that even those traders who achieve early success don’t maintain it. It’s easy to make a series of profitable trades early in one’s… Read More »
“Any thought put into your mind and nourished regularly, will produce results in your life.” John Kehoe An affirmation is a statement made in the present about the future as if it had already occurred in the past. Let me say it more simply. An affirmation is a simple statement about what you want to become… Read More »
Many traders whom i have interacted during my Trading Sessions have one question in general “How much money do I really need to begin trading for a living?” I would then reveal the long-awaited answer Determining the amount of money you need to start down the path of trading for a living is a… Read More »
When you first learnt about the potential of trading, hearing lot of rags to rich story, a normal person do get tempted and probably venture towards trading. But then, just before you started trading, you heard stories of traders losing fortune and the Stock Market Scams of Harshad Mehtha, Ketan Parek and Satyam Scam .… Read More »
When it comes to trading psychology, in order to be successful in the markets traders must master HOW TO HANDLE LOSS. Loss aversion is being unable to accept a loss once in a trade. You tell yourself you’ll get out if you lose a certain amount, but just before getting stopped out you decide to… Read More »
I have had many ups and downs in trading, but I truly can say that it is the hard times when you learn the most about yourself. I feel that when things are going well you tend to become slightly less focused on the reasons why you’re being successful. It is only when you go… Read More »
Professional athletes are perhaps some of the most inspiring and honorable heroes we can look up to. Competitive sports and trading are both more mental pursuits than skill at the highest level. In addition to their highly impressive physical capabilities, professional athletes are also some of the most dedicated and hardest working people on the planet. There… Read More »
To produce profits, consistent profits, and then big profits, you need an edge, a strategy that gets molded and adjusted into a trading plan that matches your unique goals and resources. When a trader reaches this stage, trading losses are a business expense. Today we will discuss few steps a traders can take on dealing… Read More »
Overtrading refers to excessive buying and selling of stocks by Traders with Hope of making more money. Interestingly lot of traders themselves do not know whether they are overtrading or not, sometimes when they win they tend to over trade because they feel It Their “LUCKY DAY”. Other times they overtrade because they have string of losses and… Read More »