Market has been Topsy turfy in past 4 trading session and we have a long trading weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he… Read More »
Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have… Read More »
Trading losses can end a career in a matter of a day, an hour, or in extreme circumstances even a few minutes. Here I outline some of the ways I have dealt with losses in the past and how I got over the hump. 1. Stop Trading Immediately – Pull your hands off the mouse… Read More »
Success as a trader means being consistently profitable which requires developing a good trading plan and, most importantly, sticking to it. One of the most destructive habits a trader can have is ignoring the rules of their own trading plan about when to enter and exit a trade. Breaking this bad habit means critically examining how you… Read More »
In terms of Trading, one of the most searched topics on google is Option trading strategies. Traders are simply fascinated by Option trading strategies, thinking there is a holy grail out there, to churn profits month after month. I wasn’t spared from it either. I was lost and confused in my early years of trading. I was… Read More »
A Decade Old Article but worth sharing One of the best ways of understanding your trading–and your trading psychology–is to collect data on your trading. There are many metrics available for understanding your trading patterns (see the links below), but here are a few unusual metrics that I’ve found to be especially illuminating: 1) P/L… Read More »
Shared by Chirag Blog Reader The market doesn’t always act rationally, and neither do traders. Explore how emotion can potentially trump logic, cloud judgment, and lead to sub-optimal trading decisions. Using Technical Analysis Identify trends to know what and when to trade In the 1970s, two university behavioral science researchers, Daniel Kahneman and Amos Tversky,… Read More »
“The Trader’s Mindset” is what a amateur trader need to work on to move in category of professional trader. Any World Class Athlete you would have seen give much importance to the MINDSET before any big game. So its only your MIND you need to TRAIN to be a good trades. Millions of strategies but… Read More »
Subjective: Based on or influenced by personal feelings, tastes, or opinions.Proceeding from or taking place in a person’s mind rather than the external world. Subjective traders they are intertwined with their trades.Their signals are generally entering out of greed and exiting based on their own internal fear. The believe in their opinions more than the… Read More »
A new year always excites everyone.It’s probably pretty safe to say that there is no such thing as the perfect trader. It’s time for the TRADERS to make TRADIN GOALS Whether you have been trading for a month or a decade, there likely are areas of your trading that you feel needs an improvement, BE… Read More »