⚡In simple terms, support is a level where demand overcomes supply, while resistance is a level where supply overcomes demand. In the market, different types of traders participate, and I have broadly categorized them into four groups based on their behavior.
⚡You may have heard that once a support level is broken, it tends to act as a resistance level, and vice...
Mindfulness can be a powerful tool for day traders to improve their clarity of mind, focus, and decision-making skills. In this article, we will explore the concept of mindfulness in day trading.
🤷♂️What is Mindfulness?
Mindfulness is the practice of being present in the moment and fully engaged with our thoughts, feelings, and surroundings. It involves...
The stock market can be an exciting and potentially lucrative place to invest, but it also carries significant risks, particularly in the futures and options segment. While the potential for high returns is a major draw, it is essential to understand the risks and take appropriate measures to manage them effectively.
Risks in Futures and Options Segment ...
Hey Everyone! 👋
Over the last few months, we've looked at a couple of the best ways to improve your trading, including learning to adjust to market conditions, building a proper trading mindset, and more. Today, we thought it would be fun to do the opposite. Instead of trying to help the community build up solid, professional trading practices, let's design a...
You're mistaken if you think that being a profitable trader revolves around cracking the code to defeat the market and being able to predict it's every move.
Trading is about probabilities and about how well you're able to maintain the balance of the ikigai of trading (my words) which are 3 equally important things namely - an edge, risk management and...
Why do people fail at trading?
It is true that the success rate in trading is very less. You will find only a couple of good traders in a city. In my opinion it is due to the imbalance between two extreme emotions or personalities. One cannot understand or succeed unless a balance is created between them. All that is needed to create the balance throughout this...
Trading is a waste of time - until you do this!
Welcome back for another exciting video, an educational video, and an eye-opening video for a lot of traders, and I have given it a very, very interesting title that is Trading a Waste of Time.
Let's find out in this short video. Recently reading a book called The Best Loser Wins.
It's written by Tom Hoggard , he...
✅Almost all traders read books and tutorial over the internet regarding technical analysis and patterns. After reading a lot of literature, traders start believing that some patterns ought to work 100% of the times. But according to my personal experience, this is just a mistaken belief.
✅The chart patterns are based upon human psychology, which the pioneers of...
Trading Decision - Checklist Before placing trade
Traders always encounter a thought when analyzing their trade history - I would have been in this much profit if I had avoided this particularly trade/trades(mostly losing trades). There are many reasons behind why traders take up some trades which they should not be taking - reason could be fear of missing out,...
Hi
You must have often heard that a resistance once taken out could act as a potential support level. Let us see through this chart how this happens.
Firstly there is a strong resistance zone on the left bottom of the chart, which is also 2019 high. Price took a knee jerk reaction from that level. Many traders would have bought near the highs in a bull market but...
Why It is hard to Hold a winning position. ?
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Suppose You took a trade ,bought 100 quantity at price 100 , with a SL : 80, and Potential target of 120,
Now what happens it goes up to 105 (you think your analysis is good let us wait)
Then it come back to 100 went further down till 90 (you thinks it is ok we have to give it...
The best way to find the type of trader you are is to see the capital curve,(or equity curve) over time into your trading account. Over time it may increase or decrease depending upon your performance but the way it is increasing and decreasing will give you an idea of where you are going, towards a professional trading or still in the 95% of crowd, who overall...
Type :2 Fear of losing
If you’re going to be a trader, you’re going to lose money at some point, and in case you are still in the phase of trying to avoid all losing trades and searching for a “Holy-grail” trading system with a 75% strike rate, you should forget about all that right now. As cliche as it may sound, losing really is part of winning as a trader; the...
The greater the difficulty, the more glory in surmounting it. Skillful pilots gain their reputation from storms and tempests.
- Epictetus.
Hey everyone! 👋
This week, we thought it would be interesting to dive into a less-commonly discussed topic: performance psychology - and discuss how it relates to Trading. Specifically, we're going to look at the following...
Hello traders 👋 how are you?
As we know it is not just chart analysis or strategies that bring success in trading but there are other physical-psychological 🦾 factors also that silently act in the background and can enhance trading efficiency.
In this post I have tried to throw some light on the daily schedules ⏰ that can help traders to improve their trading...
In my opinion learning in any field is connected to the "Four stages of Competence" and trading is no different. This post also answers why most traders lose in the stock market.
Following are the four stages which every trader has to pass before attaining success.
Unconscious Incompetence
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This stage belongs to the newbie...
Believe me there is no such table here ....
Jokes apart have you ever thought why we are not what we might be , what is that problem which is creating a difference between our potential and our reality. I think that is our belief system every emotion whether it be of fear, greed, jealousy or any other emotion.
Let me explore more on the relation of belief with...
Hello !!
Welcome to the trading psychology of a noob trader. We all know most people lose money in stocks as they do not have a proper idea about investing and invest randomly in any stock without looking technically or fundamentally.
In order to stay in the market, one needs to be patient and hold the horses when the market dumps as nothing goes down forever....
