Trader Characteristics

In trading, you have two choices: follow a profitable trading stratergy having an Edge or fail. Any trader who consistently makes money in the market will tell you that unless you create and follow a plan, you will fail. This tutorial contains some ideas for creating a plan. Avoiding disaster If you want to succeed … Read more

We are all numb nuts. Including me. And the best part – We don’t know that we don’t know. It’s called ‘Dogmatism’ – an unshakeable belief that we know something to be true even if we don’t. It’s difficult to accept, I know. So let me take you on a wild goose chase… Listen to … Read more

As we begin another session trading tomorrow- here’s some resolutions which if you can stick by- you will have a profitable time in 2021. With the advent of 2021 we all make resolution so lets discuses Trader’s Resolutions for 2021 Trader should DARE the Mr Market for 2021 . Let me explain it in more … Read more

Market has been Topsy turfy in past 4 trading session and we have a long trading weekend coming ahead which should be used by traders in productive manner to improve trading, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he … Read more

Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have … Read more

Trading losses can end a career in a matter of a day, an hour, or in extreme circumstances even a few minutes.  Here I outline some of the ways I have dealt with losses in the past and how I got over the hump. 1. Stop Trading Immediately – Pull your hands off the mouse … Read more

Success as a trader means being consistently profitable which  requires developing a good trading plan and, most importantly, sticking to it. One of the most destructive habits a trader can have is ignoring the rules of their own trading plan about when to enter and exit a trade. Breaking this bad habit means critically examining how you … Read more

In terms of Trading, one of the most searched topics on google is Option trading strategies. Traders are simply fascinated by Option trading strategies, thinking there is a holy grail out there, to churn profits month after month. I wasn’t spared from it either. I was lost and confused in my early years of trading. I was … Read more

A Decade Old Article but worth sharing One of the best ways of understanding your trading–and your trading psychology–is to collect data on your trading. There are many metrics available for understanding your trading patterns (see the links below), but here are a few unusual metrics that I’ve found to be especially illuminating: 1) P/L … Read more