Tag Archives: daytrading

When To Quit Your Job to become full time trader

By | June 29, 2013 12:54 pm

I have had many readers through the years and students of my trading course –most of whom were less-experienced traders–tell me that at some point in the future they planned to quit their 9-5 jobs and become a  full-time trader. Traders who have recently entered market and made good money also plan to become a… Read More »

Stocks Trading Calls: LT,ITC and Axis Bank

By | May 13, 2013 11:10 pm

Axis Bank Axis bank has been trading in range of 1530-1445, from past 10 trading sessions. Break of the range below 1445 can see the stock correcting till 1370 odd levels. Buy above 1457 Tgt 1464,1474 and 1484 SL 1452 Sell below 1444 Tgt 1434,1425 and 1413 SL 1452   ITC ITC, which has the… Read More »

Trading Weaknesses and How to Overcome Them

By | May 10, 2013 2:29 pm

Trading is a Skill and it takes time to develop the Skill.Trading is simply like learning to drive a car, it is a skill that anyone can learn. Trading doesn’t take extreme intelligence or any superhuman gifts, it simply is hard work, just like learning to drive a car. Any person who need to become… Read More »

Benefits of Making a Trading Plan

By | April 3, 2013 4:00 pm

I always suggests trader to create a trading plan before markets opens and strictly execute the trades as per the plan. Its a well know adage Plan the trade and Trade the plan.Most of traders trade impulsively in trading,without any plan, they go as per there intuition and end result is losses. I have written… Read More »