The Big Trader’s Secret

What is the Ultimate goal of trader who trades Futures/Stocks or Commodity? The answer is quiet simple Profits. But majority of trades never achive their trading goals and are wiped out of the market. However, there are a few general trading tenets to which all successful traders have subscribed. One such trading tenet is “losing … Read more The Big Trader’s Secret

Secret of Successful Trading: Know Yourself

Know yourself. – You can’t improve on something you don’t understand”. Vince Lombardi Leadership Rule#1   All successful traders have one common trait they have high understanding about themselves. How they react to certain situation, they envisage themselves in such situation like when their Stoploss gets trigger how they will react and such emotions are … Read more Secret of Successful Trading: Know Yourself

Secret of Successful Trading:Control Risk And Emotions

Great traders are often thought of as talented anticipators of direction or momentum, or as exceptionally skilled risk managers, which many are. But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions. Use Your Head! I definitely think every trader struggles with controlling our emotions from time … Read more Secret of Successful Trading:Control Risk And Emotions

Trading Wisdom from Market Wizards

Compiled Article from Market Wizards Michael Marcus “The best trades are the ones in which you have all three things going for you: fundamentals, technicals, and market tone. First, the fundamentals should suggest that there is an imbalance of supply and demand, which could result in a major move. Second, the chart must show that … Read more Trading Wisdom from Market Wizards