Source Paul Tudor Jones II: “The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. … If they are going against me, then I have a game plan… Read More »
Lets discuss the last 3 days price action in Nifty. Nifty closed below 8577 on Friday, You went short hoping to make a 100 points. Monday market continue to trade below 8577 but suddenly reversal come and it start trading above 8577. You have decided if it close above 8577 for 1 hour i will… Read More »
Losing Streak/Trading Slump are inevitable in trading.A losing streak can be a sustained draw down in capital, where loses occur day after day, or a losing streak can even be a period of low returns where you are just doing breakeven. As market are dynamic in nature and a change in trend of market which… Read More »
Whether we admit it or not, many of us are lured into the world of trading because of the potential to make big money. There are instances when traders are just in it to make profit at any cost , They do not concentrate on learning the process,mastering your trading skills. If you are trading everyday… Read More »
Common Reason for Losing money by most of traders is , We make money is 3-4 trades but lose it all in next 1-2 trades. Trying to be in trade all the time is one of the main reason of not being a profitable trader. Most of the trades want to take part in all… Read More »
W D Gann laid very fundamental strong set of rules for trading in any markets. Though these rules were written in 1930s and the markets were much different and those time, however these rules are still valid and applicable and traders who can follow these rules may ensure a successful trading career. Many legendry traders… Read More »
In Continuation with Previous Article Why Traders lose money Part-I Not Cutting Losing Position One of the things that really separates professional traders from amateur is when to exit the position. Rather than “hold and hope”, disciplined traders will take the loss and get out asap. Professional traders do not chase trade but learn from… Read More »
Does it sound familiar I am very poor at taking loss when a SL is hit,and exit quickly as soon as profit is seen on my trade.You tell yourself you’ll get out as soon as SL is triggred, but just before getting stopped out you decide to hold onto the trade and let the loss… Read More »
By Rahul Who is an average trader ? The majority of people fall into this ‘average trader’ category. Basically, they seem to think that trading is easy and for whatever reason they buy a stock, the stock’s immediately going to go in their favor. Heaven forbid they actually are successful, because now that reinforces that… Read More »
Its a well know fact the failure rate of traders is extremely high. 97% of Traders fails in trading. Lets look at reason in this 2 part series article why most of traders fails which we can use as an input in improving our skill set and get into top 3%. Thinking Trading is easy… Read More »