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Trading is more like professional sports. No matter how good you train, no matter how good coach and support staff you have, ultimately it is you and you alone in the arena who has to perform. There will be run time decisions to be made which will be based on dynamic information. There is not …
We are witnessing one of the most hated bull market ever. Global issues , domestic issues , economy doing worst and then we had corona – anything that could go wrong has gone wrong but still market is like nothing doing and only go up. Point is if you followed your system and had trust …
In a world where more complexity is used as proxy for better you are better off simplifying things. Trading is no different where you see people making it way too complex with myriad things such as – Annual Reports, Con calls, Rating reports, Broker reports and then add plethora of indicators and candle stick types …
You follow the rules. Outcome does not go in your favour. Are you stupid to follow the rules?...
Idea exchange is an important concept which moves the world forward. If you have a great idea and we have a great idea and we talk to each other discussing them, you end up with two ideas and we too get two ideas. This is how world functions and things become better over time. This …
No price in market is too high for it to not go higher and similarly no price in market is low enough for it to not go lower. So never really bet on reversal of the trend AKA inflection points. Because by definition these inflection points are rare occurrence events you will likely be right …
When you find market is not doing what it “should” do according to you and many others then that trend is unusually powerful and you should just jump onto that bandwagon turning your thinking around quickly. Of course, that does not mean you will not assess the risk and all, will not follow the position …
People who take everything personally do not grow. True for market, true for career, true for life. You have to depersonlize things and take a step away from things to see the reality and appreciate it for what it is. Just because you have a bearish(or bullish) view on a stock, sector or market you …
Life is not about perfection. If you aim for that you will always have something or the other to cry about. Life is about making incremental improvement and sometimes willing to experiment with new system that may catapult you to different and better growth curve. That also applies to trading in financial markets too....
The moment you fix the maximum percent beyond which you are not willing to lose in any single trade no matter what, you will see things have started to change for better. That percent could be anything depending upon what exactly you are trying to do. Below 8% it does not make sense. Beyond 20% …