Pattern, Price and Time: Using Gann Theory in Technical Analysis
Trading is the only profession in the world where no Prior Qualification are required, Any one with money and a Trading account can come and trade in Stock market. To make money in Stock market we just need a Click on a Mouse Button to either buy or Sell. Probability of trade being a winner … Read more Skills That Traders Need to be Profitable
It’s always wise to get the best of the other people’s experience. Trading is no exception. Successful Traders do not get success by stroke of Luck Alone ,They have learnt and practiced new habits to be Profitable. No Body is Born as a Good Trader,We need to learn and change our trading behavior. They say … Read more Habits of Successful Traders – Do You Have These
“A stock operator has to fight a lot of expensive enemies within himself.”– Jesse Livermore During the crash of 1929, one trader stood above the rest. Jesse Livermore was one of the few who foresaw the crash and leveraged that market awareness into gains of $100 million. Five years later, he filed for bankruptcy after … Read more Jesse Livermore: Lessons From A Legendary Trader
Rahul slammed the Desk with a Heavy Fist and said the following “What’s wrong with me? “Why can’t I stick to my trading Plan” “Why do i take Impulsive trade again and again ?” Same old Story is getting repeated again Rahul has made up his mind after last loss to stay calm and patient … Read more Why Trading is So Hard ?
Amateur retail traders tend to think that the professional traders have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit and a professional traders zeros down to the trading mindset and trading psychology. Let us give you an … Read more Secret Formulae for Trading Success
Everyone makes some sort of New Year’s resolution. And, 90% of them fails at following them for very long. The problem with such resolutions is, they are made because you already have trouble sticking to them, so one more promise is not going to change things for very long. But if this year was different, … Read more How to Take Trading to the Next Level in 2020
Everyone says that psychology is the most important part of trading. So if trading is 80% psychology and I believe psychology can be broken down into two parts: patience and discipline. This article focuses on discipline, and why it is so essential to your trading success. For Consistent Results We need to be Disciplined both … Read more How to get Consistent Trading Results
Trading is Difficult as most traders don’t have an “EDGE”. Is Trading Hard to Learn ? It takes time, discipline, the correct education and the right attitude. Most people fail in trading not because it is particularly hard, but because they are not properly “EDUCATED“. Learning to trade is investing in your education and your financial future. Learning to trade is … Read more Trading is Difficult But Can be Learned
1. Never Average a Losing Position — Under any circumstance add to a losing position ever! Always Remember Averaging Bring the cost down but it increases trade size which can lead to Ruin of trading account.Holding to losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital. 2. Trade … Read more Trading Rules to Follow Everyday
The winning trader is cold, calculating, and unemotional. Fear and greed control the masses, but if they are allowed to control you, you become one of the millions who can’t understand why they cannot make a profit when, supposedly, everyone else is. There are also other emotions, such as anger and disappointment, that can influence … Read more The Importance of Trading Psychology and Discipline