Pattern, Price and Time: Using Gann Theory in Technical Analysis
How to become a profitable trader has far more to do with mindset than with a specific trading strategy. In fact, no trading strategy can be profitable if a trader has the wrong mindset. In continuation with previous Article Today we will discuss How traders can optimize their trading mindset Build You should have back … Read more How to Think Like a Trader – Winning Mindset
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. Psychology is one of the basic components of technical analysis along with mathematics and geometry. … Read more Trading Psychology: Inside the Mind of a Successful Trader
If you have been researching trading related topics for some time, it’s very likely that you’ve heard that statistic that 95 percent of traders, or even more, fail in trading and lose money. Trading is a highly competitive business and you have to make complex decisions all the time that decide about whether you can … Read more Biggest Reasons Why Traders Fail
By AJ What makes top traders stand out from the crowd and achieve results that for the most are just behind imagination? The key to success is being mentally tough What does it take to be mentally tough? There are three qualities for traders who say they want to perform at the highest levels. Be Ambitious Can you … Read more Trading Psychology: Trading Mindset Mastery
Many readers have asked me the following question: “What we are watching and what we are doing is totally opposite ?” “What we would like to act and trade and we do something reverse than that as soon as we see the trading terminal! “ “I do plan ,than trade but anyhow it goes unfollowed … Read more How Your Brain Works When You Trade
When an amateur financial market participants are made reference to word Day Trading eyes glistens with dreams of making millions in quick time. So does Really Day trading is so simple. As you have to keep sitting in front of your screen buying and selling stocks and make huge profits. So How much do day … Read more Day Trading Mistakes to Avoid
In Continuation with Previous Article Step 3 – The Eureka Moment Towards the end of stage two you begin to realize that it’s not the system that is making the difference. You realize that it is actually possible to make money with a simple moving average and nothing else IF you can get your head … Read more What You Need to Take to Become a Day Trader Part-II
” Patience is a virtue which many talk about but few have ” The most common trait of successful and profitable trader, they are “patient” and wait for right trading opportunity as per their trading system. Many amateur trading never reach the professional level because they “Over Trade” . Most of newbie traders fell more … Read more Are You Overtrading ?
As traders, we use charts, data, and logic to analyze the market and develop a strategy or trade plan, but in the heat of the moment, emotion can often take center stage and drive the decision to enter or exit a trade. We’ve all experienced the downside of emotions –panicking and closing out a trade … Read more Emotions and Trading
As a Trader we are “hard-wired” to do all the wrong things till we have not trained our mind. You will always look for the easiest way to make money but unfortunate its turn out to be the easiest way to lose money. During my trading session I ask my students to sit down and … Read more Why “I” fail as a trader