Trading in financial markets can be a lucrative venture, but it also carries a significant amount of risk. The markets are inherently volatile, and unexpected events can have a significant impact on your investment portfolio. That's why risk management is a crucial aspect of successful trading. In this article, we'll discuss the importance of risk management in...
Most traders and investors treat trading as a hobby, because, they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Anyone who wants to become a profitable stock trader need only spend a few minutes online to find such phrases...
Points to be remembered !!! ENTRY :- * Wait for your signals * Avoid FOMO * Do not revenge trade * Use correct size * Do not chase price EXITS :- * Let winners run * Cut losses quickly * Do not add to a loss * Accept losses and move on * Use targets but stay flexible OTHERS :- * Take trades with a good RRR * Think long term * Establish clear rules for...
These are the factors that I personally take into consideration before placing a trade. These are personal views and every trader trades differently and considers different factors while planning their trades. Always follow proper money management and trade with discipline. It is important to have a clear head while trading to avoid making mistakes that you will...
... is the concept that money available at the present time is worth more then the identical sum in the future due to its potential earning capacity. This core principle of Finance holds that provided money can earn interest, any amount of money is worth more then sooner it is received. disclaimer - shared what i read, learnt, applying
There is general perception among the traders that if you place a stop loss order, it 'll be taken out sooner than later. Even I published similar idea in one of my posts (I ll tag below later). So "Stops get taken" is the general concept. Is it valid or not? Let us check with a simple logic and a few assumptions. I am using a simple assumption that stops get...
Includes, 2, 6 rule Iron triangle of risk control (How many shares to trade?) The concept of risk control (Where to stop?) In the markets it hardly matters how good your trading system is.. What matters is if you can count or not. Confused? Even i was for many years before understanding the importance of Risk management in trading. There is one missing element...