Why 90% traders are losing Money…?
It is far easier to funnel a vast amount of money from the masses to a few winners than for a few people to give out money to the majority. Any given game there are few winners So knowing that statistic, do you want to be in the majority or minority? “Do the hard thing” ~Richard Dennis They watch Blue Channels ,They dont do Homework They watch Blue Channels ,They dont do Homework They lack one or two of these four-Money ,Mind ,Method & Target There is an important difference between being reactive and predictive. Trend traders never say “I think that market is going up so I’m going to buy it”. They buy when it goes up. “The price is always right.”
READ MOREBEARS WIN! BULLS WIN! HOGS GO TO SLAUGHTER!
One of the keys to trading is being in tune with the market. You get out when you want to, not when you are forced to, and with a reward commensurate with the riskassumed. This means setting realistic risk-reward objectives and taking what the market gives you. Many traders have retired very wealthy by exiting trades too soon. …
READ MOREFinish Your Struggle and Start Dancing with the Market
Don’t miss to read it…! Most guys had this come to pass in high school. You invite a beautiful girl to go to a dance and she accepts. At the moment you are in trouble! You fear you will compose a fool of yourself dancing and not simply will she never speak to you again, but she will tell all the other girls in the school that you are a klutz (fool). You live out with your tiny sister and your cousin before the date. When you find to the dance, you are determined to make the dancing work. You try hard to be a better dancer than you really are (you are content-oriented). But because you try so hard, you end up stepping all over your partner’s feet. Your life is ruined; you were never meant to be anything but an other-handed klutz. If you could have only relaxed and become a bit more process-oriented, you could have pulled your partner close to you, she could have felt your movements, and you both would have appeared to be dancing with some skill. The key to dancing well—and profiting in the market—is an ability to relax and simply go with [...]
READ MOREWhich is best time for Trade?
Less is definitely more the best times to day trader are usually the first two hours and after the open. Some traders also like to trade the last half-hour before the close. Momentum is greatest at these times, with real buying and selling pressure creating the best trends. Many real-time traders also follow the “3 strikes and you’re out” rule. By limiting your trading to only three trades a day – MAX – you reduce your stress level enormously. You’ll be sharper and less likely to make. You also insure yourself against a “suicide day”, when you take serial losses, each time trying to recover from the previous loss… Reading this away from the market, you might feel you would never fall into that trap. However, it’s surprising how many traders have come unstuck in a real-time avalanche as the losses begin to snowball. The motto? Tomorrow’s another day. Take it easy. Don’t trade a 40- hour week. Accumulate your profit over time. And you’ll make more by doing less.
READ MOREEssential Knowledge: Commodity Trading – Futures Market – Spot Market
Commodity trading market has first-class history going every part of the way back to the mid 1800s. INDUSTRIAL REVOLUTION bring fresh technologies and abilities to manufacture new resourceful tools and consequently additional food. Economic output begin to out-pace residents enlargement, our country developed a must for more well-organized agricultural storage, transportation and distribution of goods. As the capacity of goods greater than before exponentially, FUTURES MARKET amid constantly standardized commodity pricing, grading and delivery became an complete requirement in order to deal with the seasonal gluts occurring just after harvest and sharp shortages occurring before harvest. Farmers and investors could now protect themselves from price rise and falls by locking in exact prices for commodities time-consuming earlier than essentially needing to receive physical delivery of them. So the FUTURES MARKET and COMMODITY TRADING was born. What is Commodity market? “A commodity is some good for which there is demand, but which is supplied without qualitative differentiation across a market. It is fungible, i.e. the same no matter who produces it. Examples are petroleum, notebook paper, milk or copper…” Specific items values to be well thought-out a COMMODITY and be traded in a futures market. A commodity must be STANDARDIZED. So [...]
READ MOREKeep with you this due to market hrs…
Don’t apply logic to the stock market So often I see people make decisions in the market on what makes sense to them. It makes sense to buy stocks when the company insiders are buying. It makes sense to buy stocks that are making positive announcements. It makes sense to listen to what the President has to say about the company’s prospects. However, all that matters is what the market thinks of the company and whether the buyers are more motivated than the sellers. So often, the market does things that do not make any sense until we later learn of what motivated the market to do what it did. Remember, the market is forward looking, most times, what makes sense is judged on what has happened in the past. … … Never average down on a losing position Buying more of a bad thing is not much different than continually betting on a losing horse. Winners win for a reason, and until your stock starts to show that it is a winner, don’t add more to a bad situation. If you like a company whose stock is losing you money, sell it. You can always buy it back later [...]
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