Saturday, January 19, 2019

Nifty And Banknifty Weekly Wrap Up 14th Jan to 18th Jan 2019

Friday, January 18, 2019

Averaging Your Losers - Why Do Traders Do It?

This is a sensitive topic, often provoking a lot of bad memories and experiences in the stock market as well as in life. But this topic needs to be answered Who knows it might be an interesting read and give you a lesson or two on life in general along with your trading.

First and foremost if you have done this, averaging a losing position that is, then don't feel bad about it, you need not beat yourself up on this, trust me it is not your fault. There are very deeprooted reasons for this type of behaviour, which are seldom addressed. People only point to this problem, that too after the fact (that is a b big loss) but never really give you the reasons behind them...

Today we will change that, so are you with me on this? Yes, let's get started then...

Saturday, January 12, 2019

Trader Development Spectrum - How Close Are You To Becoming A Successful Trader?

Have you made losses in your trading so far?
Have you gone indicator hopping in the past, or doing that still?
Have you invested into a system, course, trading & tips service, trading rooms and regretted your decisions, not to mention lost money? 


Well then don't worry you are not alone... these are common mistakes traders make in an early part their career and it's not your fault... let me say it again...

It's not your fault. - Dean


I have struggled with this in the past myself, and if you are struggling too, it's not your fault… You made losses because you were never told the complete picture, you want to change that, don’t you? You can do this, so throw the fear of not succeeding out of your mind, just let me explain this to you…

Trading success does not lie in an indicator or technique, they told you a lie because it benefitted them… The reason I am sharing this with you is I don’t want you to reinvent the wheel. Just knowing this won't make you successful, you have to put in the hard work at the end of the day, right?

So are you ready to finally start your journey to becoming a consistently profitable trader? Believe me, you can…

Thursday, January 10, 2019

What Is The Most Important Quality Of A Successful Intraday Trader?

Intraday trading can be one of the most difficult types of trading type. The reason is the sheer amount of information one has to handle, be it charts, indicators, broker terminals, news, events both scheduled and surprise, own psychology, open positions, looking for new signals and on and on and on...

All this makes intraday trading a difficult beast to master, but the lure of daily profits is what keeps bringing the hordes back to it. So to be able to handle all this and still come out successful you need to have some attributes or qualities if you call them that.

Let's discuss some of them today. This is by no means an exhaustive list, but I am sure it will be helpful, and at the end of the post I will also share the solution I found to be very useful for such high-frequency trading, so read the post till the end...

Wednesday, January 09, 2019

What Is The Best Technical Indicator And How To Use It?

Technical Indicators are simple mathematical formulas derived from price and volume. But a novice trader never looks at them like that. For a beginner, they hold the promise of great riches. A few simple tweaks and the indicators are bound to give them the financial freedom they desired. But we all know how it pans out in the end...

It's not how an indicator is calculated that holds the value, but how a trader uses and interprets it that will decide the ultimate success... But the topic of technical indicators always makes for an interesting read, read my view on them...

Disclaimer: I have spent the better part of my trading career running after these indicators, tweaking parameters, jumping from one indicator to another, basically, searching for the holy grail of trading, luckily I discovered nothing...