Absence of Trade Plan- Entry and Exit without proper Study When you go for travelling, you plan in advance where you want to go based on certain condition of weather, place, costing, timing etc. you finalise the place, then you research for booking tickets, hotels, sightseeing etc. You keep in mind your time, leave and […]
Traders generally enter a market moving in the direction they want to trade. But trading on the break-down to new lows or on the break-up to new recent highs is often a major trap, especially for novice traders. Breakouts can lead to losing trades, especially the most ‘obvious’ ones which tend to ‘fool’ all the […]
How to become Successful Professional Trader Trading is never taught in schools and colleges, hence it become difficult for people to understand that it can be learnt. You must understand that market will punish random gamblers; it has some structure, which allow traders to identify opportunities and apply learnt strategies to grow money. ‘The Biggest […]
Why I Seriously hate Candlestick Candlestick Patterns represents emotion of marketplace and it has nothing to do with real execution of trading. Candlesticks confirmation signal arises from 1 or 2 bar combination such as Hammer, Piercing, or engulfing bars. But I seriously hate these candlesticks and I feel it’s for them who don’t want to […]
Looking into any field you can see two types of people. One is successful people and the other is unsuccessful. Actually, what is the difference between the two? Successful people are willing to do all the things right what others are unwilling to do. However, in any field, anyone can make mistakes. Even in your […]
