What Does A Mechanical Trading System Mean? What Does A Discretionary Trading System Mean? We have discussed about different type of trading system,Once you are able to decide what type of system suits you next is important points to include as part of your trading system. 1) Positive Risk To Reward Ratio Risk to reward… Read More »
For years, I was losing money because I didn’t get it. Not really. You hear it everywhere, it’s probably the best-known trader’s mantra in the world: Cut Your Losers Fast And Let Your Winners Run But most of traders are unable to implement the same in their trading. Today we will discuss the reasoning behind it. Loss… Read More »
You may have put extra effort into your trading to try to overcome this problem, learning more about technical analysis and maybe trading psychology. But that doesn’t seem to matter. When you get into a trade you Following Happen 1. You feel your nerves rise. 2. Your attention rivets onto Price flashing in terminal,Every Tick… Read More »
During our training sessions with students we are very specific t make them understand you have lost money not because of market but the main reason is Your brain doesn’t like to lose.Its all there in your subconscious mind which is responsible for profit and loss for a trader. Brain remembers everything. How you trade… Read More »
There is nothing simple or painless about trading for a living.Its a competitive world out there. You have to compete with FII’s,DII’s, HNI’s , Operators, defeat other gladiators, and not get yourself killed in the process. How much should be your Stock Trading Capital Here are a few ways to become a better trader and… Read More »
By Walter T. Downs When trading goes right, it can be a great feeling. When trading goes wrong it can be a nightmare. Fortunes are made in a matter of weeks and lost in a matter of minutes. This pattern repeats itself as each new generation of traders hit the market. They hurl themselves out… Read More »
One of the choices that every new trader has to make is whether to be a Discretionary/Subjective trader or a Mechanical /System trader. The third stage is called Intuitive trading which is called “ZEN” State which very few traders are able to achieve. In Today’s Article we will discuss on Discretionary Trading The definition of… Read More »
Most of New traders come into the markets with high profit expectations, but find out fairly quickly that making money consistently isn’t as easy as they expected. Most of Traders do not have a Trading Edge. Trading Edge : An advantage you have discovered and use in your entries that helps you execute your trade… Read More »
Everyone says that psychology is the most important part of trading. So if trading is 80% psychology and I believe psychology can be broken down into two parts: patience and discipline. This article focuses on discipline, and why it is so essential to your trading success. For Consistent Results We need to be Disciplined both… Read More »
Man’s seasonal trend changes just as the market and he has his good and bad cycles. By keeping a record of your own trades, you can determine when your trend is changing one way or the other. I have been able to make as many as 200 consecutive trades without a loss. When I started… Read More »