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

Taking Responsibility for Your Performance

Think back to a time when you had a losing trade, or made an error with your trade execution, or had a bad trading day. Who  was responsible for the result that you got? The market? The Trading Guru You Follow? Your Friend whose analysis went wrong The trading platform you were using? The room … Read more Taking Responsibility for Your Performance

Why Human Nature Works Against You as a Trader

The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future. Surely many new traders analyze data announcements, or economic reports with the goal of buying cheaply before prices may run up, or selling ‘expensive’ before prices move lower; but those … Read more Why Human Nature Works Against You as a Trader

Self-Confident Trader

In Continuation with Previous Article Internal confidence, on the other hand, is not based on the outcome of your trading results. Internal confidence is process based. It comes from three things you have complete control over: 1. Knowledge you acquire, 2. Skills you develop, 3. Ability to apply your knowledge and skills in the market. … Read more Self-Confident Trader