Successful trading depends on
Successful trading depends on the 3M`s – Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own...
View ArticleMost amateurs
Most amateurs feel like geniuses after a few wins. Traders gain some knowledge, they win. Then the emotions kick in, and they self destruct. Most traders then give up their wins back to the market. The...
View ArticleOne dimensional traders
One dimensional traders just pick stocks, if they are right they win for a while, but eventually they do not stop out when they are wrong and they blow up their account. They also eventually get...
View ArticleSuccessful trader has realistic plans
A successful trader has realistic plans. He knows his abilities and limitations. He sees what is happening in the market and knows how to react to it. – Alexander Elder The post Successful trader has...
View ArticleSuccessful institutional traders
Successful institutional traders often talk of quitting and going to trade for themselves. Only a handful of them manage to make the transition. Most traders who leave institutions get caught up in the...
View ArticleWhat you see on the surface is often deceptive
What you see on the surface is often deceptive – in trading, as well as in life. A trend may appear strong, while below the surface it may be weak and ready to reverse. – Alexander Elder The post What...
View ArticleWrite down your plan
It pays to write down your plan. You need to know exactly under what conditions you will enter and exit a trade. Do not make decisions on the spur of the moment, when you are vulnerable to being sucked...
View ArticleTrading is not all about just stock picking
Trading is not all about just stock picking, it is not just about a winning system. Yes, first you have to understand how to trade and put the odds in your favor of winning, but that is not enough....
View ArticleTrading wisdoms from the greatest traders and investors
Today’s video features some of the greatest traders and investors in the world. You will be able to see greatest trading wisdoms from Warren Buffet, Jesse Livermore, Dr Van Tharp, Paul Tudor Jones, Ed...
View ArticleTrading wisdoms from the greatest traders and investors
Today’s video features some of the greatest traders and investors in the world. You will be able to see greatest trading wisdoms from Warren Buffet, Jesse Livermore, Dr Van Tharp, Paul Tudor Jones, Ed...
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