Most of the traders i have interacted major flaw in most of their trading is not being planned and prepared. Most of traders are predictive in nature, they are more interested in knowing the next move of markets. Technically speaking a traders should be reactive in nature where they trade what market is showing on… Read More »
During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
Trading in the markets is one of the most stressful professions on the planet. Prices are constantly in motion, and you need to be consistently and effectively processing an amount of information that would leave the average person dizzy and reeling. On top of all this you are competing with some of the smartest people… Read More »
As a Trader it totally amazes me to see how we are almost “hard-wired” to do all the wrong things. It’s almost as if we were put on this planet to determine how many ways we can mess up our trading. How do you respond to a loss? How you respond to losing trade. During… Read More »
One of the most basic human emotions dictating at least one decision each day is our confidence in a known outcome. This can be as simple as knowing that the sun will come up tomorrow or that the train you take to work will arrive on time (in many of our cities, of course, this… Read More »
For the retail trader, learning to scale up your position size can be a nerve-wracking process that can lead to unexpected and outsized losses. How big a position you should take in the market usually is governed by the amount of money in your account. It seems that when you trade a small number, things… Read More »
In trading, you have two choices: follow a profitable trading stratergy having an Edge or fail. Any trader who consistently makes money in the market will tell you that unless you create and follow a plan, you will fail. This tutorial contains some ideas for creating a plan. Avoiding disaster If you want to succeed… Read More »
We are all numb nuts. Including me. And the best part – We don’t know that we don’t know. It’s called ‘Dogmatism’ – an unshakeable belief that we know something to be true even if we don’t. It’s difficult to accept, I know. So let me take you on a wild goose chase… Listen to… Read More »
As we begin another session trading tomorrow- here’s some resolutions which if you can stick by- you will have a profitable time in 2021. With the advent of 2021 we all make resolution so lets discuses Trader’s Resolutions for 2021 Trader should DARE the Mr Market for 2021 . Let me explain it in more… Read More »
For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »