Want to Do Full Time Trading ?

During my Trading session most of traders I interact with want to become  Full time trader, They want to ‘Make enough money to leave their job and become independent.’ Well it might sound exciting but the reality is not what it seems. Let me give  you a blueprint what should be the thought process before … Read more Want to Do Full Time Trading ?

Realistic Goals as a trader

If you want to be a successful trader, You need to have a VISION on what you want to do and  goal setting is the first thing traders should do. Unfortunately, many traders jump right into trading without giving the first thought to where they’d like their new found profession to take them. As per … Read more Realistic Goals as a trader

Qualities of Successful trader: Control EGO and Greed Quotient

An avaricious or keen desire for profits is one of the most prevalent causes of failure in speculation. This weakness is general among traders. They desire “just a little more ” profit. If the stock or commodity bought advances, then that’s proof to them that it will advance further and so they hang on. They … Read more Qualities of Successful trader: Control EGO and Greed Quotient

Volatility is here- Tips For Traders In Volatile Markets

Markets are on a Roller coaster ride whole of September and Volatility has been quiet high today most in recent time. Most of traders will be lured by the idea if one trade goes right i can make big money seeing the fall in RBL Bank/IBULLS but one wrong trade can wipe off the whole … Read more Volatility is here- Tips For Traders In Volatile Markets

Build Good Trading Habits in Three Steps

You should keep a trading journal of every trade you make! Backtest every system for at least 1,000 trades! Brush your teeth before bed! All of this is sound advice. However, how many traders actuallyfollow this advice? Do you? I would bet that less then a third of you reading this article keep a trading … Read more Build Good Trading Habits in Three Steps

Understanding Random Reinforcement in Trading

Few Trading Facts 80% of all day traders quit within the first 1 year  of there trading most of them trade in Options and use brokers who give them High leverage of 10X Traders with having losses for 5 years or more continue to trade. The last point suggests that traders even continue to trade … Read more Understanding Random Reinforcement in Trading

Developing Self-Discipline in Trading

Trading is a craft that demands a certain level of discipline. Not only do you have to stick to a set of trading rules, you also have to be able to execute your trade as per your rules and trading plan. Market will always test you and any trade your become overconfident market will give … Read more Developing Self-Discipline in Trading

Keep Your Trading Private

So how much can other people affect your trading? \ There is one characteristic that seems to separate the great traders from the average ones. The great ones realize what kind of problems that a lack of confidence can present, so they don’t even risk a shattered ego. How? They keep their trading activities to … Read more Keep Your Trading Private