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 »
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 »
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 »
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 »
Habits of Winning Traders If you want to succeed as a trader, you need more than just a winning strategy. The most successful traders have certain habits that set them apart from the rest. In this article, we’ll explore the habits of winning traders and provide tips on how to implement them in your own… Read More »
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 »
If as a TRADER you want to have disciplined and profitable trading, The Core Concept you need to Understand is As a Trader you do not have any control on the market. Nil Control on Market You’ve either figured out or you will figure out the fact that not much at all remains under… Read More »
I have had many readers through the years and students of my trading course –most of whom were less-experienced traders–tell me that at some point in the future they planned to quit their 9-5 jobs and become a full-time trader. Traders who have recently entered market and made good money also plan to become a… Read More »
Many of us believe we’re in control of our emotions when we trade, but sometimes we run into weaknesses. Maybe we become too attached to a stock, or get out of it too soon when it doesn’t perform as expected. Let’s explore some ideas that can help, including keeping a trading checklist to help prevent… Read More »