Pattern, Price and Time: Using Gann Theory in Technical Analysis
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent … Read more
There are many short little pieces of popular trading wisdom. Many of them have their origin in trend following – a trading style based on catching long trends and riding them to the very end. One of these often quoted trading rules is “Cut your losses short and let your winners run.” It means that … Read more
The Stock Market has rewarded many who have shown patience, good investing practices, and the lack of emotions. On the contrary, the market has punished those that have made their decisions haphazardly, or because they were advised to do so by a ‘friend’ or ‘colleague’. The stock market is not just all about profit but … Read more
This post is a continuation of HOW YOUR BRAIN STOPS YOU FROM BEING A TRADER ( the previous post ) A lot of books have been written about the two sides of our brain. The Left Side which is the more linear, formula based, procedure oriented brain and The Right Side which understands design, symphony … 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
Yes, it is possible to make money in stock trading. Some people have actually made millions trading in markets day in day out. Eg : Jessie Livingston, George Soros, Rakesh Jhunjhunwala etc But there is a catch! Only a few people will be able to make it! The number of successful trader will always remain … Read more
The year 2020 has been insanely tumultuous: Volatile trading sessions, the shortest bear market, a ferocious bull run, an unprecedented global lockdown, In 2020, we had a bear market, a bull market, a recession, all-time highs (a bubble?). All in the same year. In any eventful year, there are opportunities to learn. In the events … 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