Author Archive
10 Common Mistakes In Trading
I would like to talk about 10 common mistakes in trading. New traders are often unaware of what is required in trading and the bad habits that can lead to financial suicide.
1. Under capitalization - One of the first mistake I made when beginning to trade was being under capitalized. I started with a $10K […]
Applying Poker Strategies to Trading The Markets
As a professional no-limit holdem poker player prior to my trading career, I find that both professions share many similarities. Poker and trading are both a game of probabilities. Individual psychological makeup is also important to control emotions during times of tilt and euphoria.
In poker, a player can choose the stake he is willing […]
Tools for Traders: Hardware and Software
Online trading is gaining popularity because of its efficiency and ease of use. If you are on the trading business, it is important to know the right tools of the trade. Doing trade at home should not pose any problem as long as you have the right hardware and software to assist you in your […]
US Economy and the Impact of Indian Economy on the Global Market
Since the dawn of the 21st century very few nations have been recognized or emerged to have the largest economic stability in the world. Leading nations like the United States entered the 21st century with an economy that was bigger, and by all means more successful, than ever. Despite enduring two world wars and an […]
Trading The Market: Keep It Simple Stupid!
It seems like each day there is another complicated trading system in development. I am quite surprised to see the trading population dig into more complex methods combining various indicators to profit from the financial markets. New traders favor technical indicators as it eliminates the need to think on their own. They will plot a […]
Trading Plan: A Roadmap To Trading The Markets
Having a trading plan is similar to having a map when traveling to a new location. Modern day vehicles often come with a navigation system making it easier to travel with the fastest route. A trading plan acts as a road map for the trading day.
Most new traders trade without a plan. This often causes […]
Obey The Laws Of The Markets
Trading for a living requires a different kind of mindset than the typical profession. Most professionals believe in being right: there is a cure for every problem. But in the financial markets, fighting the markets because you believe you are right can lead to financial suicide.
The markets function in its own set of laws. You […]
Trading Psychology: The Mindset Of A Losing Trader
“The only place where success comes before work is in the dictionary.” -Proverb-
There are two types of men in this world. One that falls and one that stands up after he falls. In NLP or Neuro-Linguistic Programming, there is no such things as failure. A failure is simply classified as a feedback and every feedback […]
What is Fundamental Analysis?
It is important to understand the difference between fundamental analysis and technical analysis. A quick explanation of the difference among the two types of analysis is: fundamental analysis focuses on the company and economic events while technical analysis focuses primarily on price action and market behavior.
Fundamentals include earnings report, dividends, sales, inventories, profit margins, P/E […]
A New Trader’s Journey to Success
I am going to take you through the different development stages of a new trader. Most of this comes from my own experience. Like any other profession, trading takes years of practice to reach the ultimate level. While doctors and lawyers have gone through higher education to obtain their license to practice, traders are required […]
