Keeping a trading journal with all your trades is good but at the end of day numbers are just gonna be numbers and they don’t really tell the whole story. If you’ve already caught yourself thinking that you’re doing “something” wrong over and over again but you don’t know what it is, maybe it’s time… Read More »
The last week in Stock Market has been a roller coaster ride which would have stressed traders a lot. Professional traders know what havoc can trading stress create in both professional and personal life, so trading stress needs to be controlled. Lets discuss few steps which will help in stress mitigation. Controlling trader stress requires… Read More »
Intraday trading should be done without any ego.One should follow the trading system to make decisions and not anticipate the market to perform as per personal expectations.Market does not listen to anyone its a WILD ELEPHANT. Flexibility and discipline are key for a successful trader.Be flexible in changing position and discipline in taking profits… Read More »
There’s an interesting thing that happens in our lives when we decide on goals. We feel crisper and sharper. Our senses are honed. We begin to measure the world by a different barometer. Most of us are accustomed to mundane goals and how to measure them: Lose weight; get on a scale. Save for a… Read More »
It does not matter whether you are reading sophisticated trading books or just browse around online trading forums, almost every trader seems to be aware of the fact that psychology has a big impact on trading performance. However, the way emotions affect trading decisions are very complex and not that obvious at the first glance.… 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 win it, leaving them less focused on the process and solely on the profits. During these times, trading can have the potential… Read More »
As 2014 come to an end, it’s an important time for a trader; it’s time for you to make an honest assessment of your trading performance over the last year. This is an excellent opportunity for you to learn and grow, both as a trader and a person. Seriously, whether you’ve had a bad trading… Read More »
This is the message one of my students wrote to me “I don’t get it. I know there is good money to be made in trading (I see people doing it) and I’ve known success before. It’s not like I don’t know what a winning mindset is. I’ve proven myself before. Yet trading success still… Read More »
What is the difference between Sachin Tendulkar and Virendra Shewag, Both have class of their own, infact Shewag palying style is far better than Sachin instead of this Sachin is remembered as All time Greatest whereas Shewag has been forgotten by most of the Cricketing fraternity. The Big Difference is Consistency. This leads me to… Read More »
Trading is a war and there may be few battles which may get lost, Losing a battle does not means you have lost the war. Trading is not about one day, one week, or even one year. Trading is about taking money out of the markets over and over again, consistently. When I have bad… Read More »