Monthly Archives: September 2022
How to Create a Price Action Strategy
Source: New Trader Ru A price action trading system is a process for using new price data to make buy and sell decisions on a watch list of markets. A price action trading system attempts to use entry and exit … Continue reading
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A Trader’s Experience
Source: Profitable Trader I began trading 14 years ago in 2008. I began trading with commodities. I was neither successful nor a failure. I used to earn profits and lose them subsequently. This went on for three years upto 2011. … Continue reading
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Novice Trader behaviour ….
Source: Investopedia When you begin trading, there are a lot of questions. With all the information out there it can be hard to decide where to start. Setting goals can help, but often novice traders set the wrong type of … Continue reading
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The See-Saw of Fear and Greed
Source: Trading View As your time spent with the market increases, you start to discover things about the nature of the trading game. Why they say its simple not easy. Why do 95% of traders end up losing money? Why … Continue reading
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The Foundation of Technical Analysis
Source: CMT Association There are three premises on which the technical approach is based: Market action discounts everything. Prices move in trends. History repeats itself. Market Action Discounts Everything: The statement “market action discounts everything” forms what is probably the cornerstone … Continue reading
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How Important is Discipline in Trading …
Source: Steve Burns Trading discipline involves making yourself follow your own trading rules. Self discipline enables a trader to trade a system consistently over time like they planned to with the right position sizing, stop losses, and trailing stops. Many … Continue reading
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Winning Trader’s Character
Source: Zerodha Varsity Winning Traders are humble. It is important to reward yourself for a job well done. We feel pride after making a significant achievement and are especially proud when the achievement has increased our social status. Pride can … Continue reading
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