In this article, we attempt to look at the psychological elements of trade, risk, and money management as presented in the Successful Traders research series. The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future. Surely many new traders analyze… Read More »
One of the most successful trait of Professional traders have is ability to control their emotions. So Lets discuss today how an amateur traders can also acquire skills to control their emotion in the heat of moment when quick decision needs to be taken during trading . Use Your Brain I definitely think every trader… Read More »
Nifty has been rallying from past 1 week, 260 points in 5 days. Most of traders were bearish were holding shorts. With such sudden spurt many traders are caught of wrong foot and now finding it difficult to cut their trading looses and go with the main trend. The fear most of traders have What… Read More »
This is part of the all-important–but sometimes overlooked–aspect of “trading psychology.” I will admit that when I first got into this fascinating business, I was skeptical of the whole “trader psychology” thing. My main concern at that time was learning as much about markets and technical analysis as I could–and my trading mentality or psychology… Read More »
Traders Best weapon 1.Control Your Ego “Everyone wants to feel like a winner. It’s tempting to pat ourselves on the back for making a winning trade, but it’s essential to face the facts: Many times a winning trade is a combination of an astute insight AND being at the right place at the right… Read More »
Many people think trading is the simplest way of making money in the stock market. Far from it; I believe it is the easiest way of losing money. There is an old Wall Street adage, that “the easiest way of making a small fortune in the markets is having a large fortune.” I discuss below… Read More »
As a sportsman(So too as a trader), you’ve got to realize that it’s not the end of the world if you lose one game or more..You should get down to basics and play every point on its merit. The moment you sit down to differentiate the first point from the last, emotions take over. Now,… Read More »