Skills That Traders Need to be Profitable

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

Habits of Successful Traders – Do You Have These

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

Secret Formulae for Trading Success

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

How to get Consistent Trading Results

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 Rules to Follow Everyday

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 Importance of Trading Psychology and Discipline

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

Characteristics of Great Traders

1. 10,000 hours The greatest traders understand that trading much like being a doctor, engineer or any other focused and technical endeavor requires time to develop and hone the skill set. Now you wouldn’t see a doctor performing open heart surgery after 3 months on a surgery simulator. Why would trading as a technical undertaking … Read more Characteristics of Great Traders