The most difficult aspect of trading is “handling your own emotions”as a Human Being we are emotional and if emotions are removed out of us there will not be difference between Robot and Humans. As a trader its always good to be MINDFUL about our emotions and this is what a great trader have done,… Read More »
Most of Retail traders tend to think that the FII’s have some sort of secret knowledge/system/Inside News that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit doubling tripling their money in matter of months and most of them are underfunded and a professional… Read More »
Regular readers are emailing me lately about the change to a longer-term Bull trend potentially, as Indian markets are rallying hard from the low made on 29 Feb at 6825 we almost have seen a 1000 point rise. The biggest aspect of trading is keeping your mindset stable so as not to Buy at the… Read More »
In Continuation of previous Article Secrets of Highly Profitable Traders Part-1 1. Passion and Fire to Keep going The most successful traders are passionate about what they do. They love trading however taxing it might become and they are ready to put lot of hard work.With such a trader, you will find that the trader enjoys… Read More »
Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities. Today lets discuss the Qualities of Top trader. 1. Discipline Without discipline, none of the other qualities matter. It is possible for any trader to invest… Read More »
Having self-discipline in trading is the ability to follow through your trading plan effortlessly without getting swayed away by news and views of other traders. “The path of least resistance is what makes all rivers and some men crooked.” – Napoleon Hill Self-discipline is the ability to make the conscious choice (ultimately it becomes a… Read More »
Confidence can be an important psychological tool for the trader – important enough to make the difference between a winning trade and a losing trade. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely… Read More »
Raj puts many hours into his trading in more ways than one. He studies the charts. He has his trading Journal and has all data a trader need to analyze . He’s glued to the screen during market hours and analyzing his traders after market hours and doing proper homework. Raj is a hard worker;… Read More »
Rahul tells his friend, “I’m staying out of the markets for a few days.” “Why?” asks Raman. “I can’t trade under these conditions. I’m going to wait for the markets to change,” answers Rahul. “What a lack of confidence,” Raman taunts. “Maybe, but I’d rather be safe than sorry,” Rahul retorts. Does Rahul actually have… 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 »