Muhurat trading is the auspicious stock trading practice for an hour on Diwali (Deepawali) is done traditionally to celebrate New Year. It is a symbolic ritual which has been performed for years. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings in wealth and… Read More »
Short term market volatility is powerfully influenced by fear and greed. But fear and greed aren’t the only emotions that influence market decisions. Other emotions, such as disappointment and regret, can also impact what market timers do and can have adverse effects on their timing decisions. It is only normal to feel “disappointment” when our… Read More »
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent… Read More »
Trading System They trade a robust system or method that wins more money over time than it loses. Their system gives them a reward to risk ratio that is in their favor. Their system or method is proven to work with a live trading record over many markets and trades or has historical back testing. Trading with… Read More »
Do your homework You can’t expect to successfully trade in a vacuum. Therefore, before the market opens, be aware of what is going on around the world. What are the overseas markets doing? Also, learn what the economic or earnings data is and when that information is due out. Rather than taking an unnecessary risk,… Read More »
Traders trading without a trading plan and not having proper discipline are bound to loose in stock market, as they are unable to change the sides quickly end up being a loser. As per Stats only 5% traders are able to make money on “consistent” basis in the market in long run. So what makes… Read More »
Your level of confidence as a trader will have a huge positive impact on your success. The more confident you are the less time you will spend on second guessing your decisions. The more confident you are the more positive energy you will focus toward your desired outcome. WHERE IT COMES FROM Confidence is based… Read More »
Perfectionism may help some people succeed in many other careers. It is often the difference between success and failure. We have all been brought up knowing that we must strive to be all that we can be, and to put everything into achieving our goals. But perfectionism can be fatal in market timing (and all… Read More »
Disappointment in trading, in it’s myriad of manifestations – missing out, leaving big money on the table, taking a loss, etc – is inevitable for even the best traders. It’s an elemental fact that traders who understand this, internalize it, and make it a part of their trading strategy are the most successful. One of… Read More »
In order to start making progress, we need to deconstruct what it means to learn. Throughout life you’ve probably believed that reading something and being able to explain what you read to another person is learning. That’s more or less what traditional education has defined as learning, and when you’re unable to do it you… Read More »