With the growing bitcoin dominance in the cryptoverse, altcoins are facing the fate of Bitcoin’s price action . In the year 2019 value of Bitcoin is more than tripled amid the positive outlook and some mainstream adoption of Cryptocurrency. With the announcement of Facebook’s Libra the market started climbing. The Bitcoin price surge to $13,000 and other...
Query : I am taking very few trades per day. I am trying to take more trades, but i did not get my planned entry.
Answer : One of the most asked question is this. Most traders think, if they trade more, they can get more profit. Trading is based on probabilities. If your trading plan has high edge, then it has more chances to reach the targets. My mentor once...
A long journey Indian stock market has done. Despite its twist and turns it made the humongous ocean of opportunities for us. I am just happy to be a trader and related to the Indian stock market.
Query : I do not use/follow stop loss. For example if I purchase 100 share @ 100 Rs if share value @Rs 102 means I book and exit if going down means wait (Mentally thinking coming up like that) finally sell @ Rs 80. 20 Rs loss per share. How to control this?
Answer : I have seen this problem among many new traders. Not closing the trade when it hit the stop loss...
Query : I do analysis & plan my trade. But I am not disciplined. I am trying, but still discipline seems tough. What to do?
Answer : During the market hours, seeing the live market chart makes us question the analysis we have done earlier. Its human nature to want to be right always. This makes us do irrational decisions in trading. In other words, its the "ego"...
