Author Archives: sevvursun

Confirmation bias is a cognitive bias where individuals tend to search for, interpret, and remember information in a way that confirms their preexisting beliefs or hypotheses. What are the ways confirmation bias can effect trading: 1. Ignoring Negative Information Example: … Continue reading →

In theory, anyone of us can pursue a career as a trader. However, it requires a specific skill set, knowledge, and experience to become a successful trader. To begin with, we need to have a solid understanding of financial markets … Continue reading →

In momentum trading, a follow-up candle refers to a specific candlestick pattern that traders use to confirm the continuation of a momentum move in the market. A follow-up candle typically occurs after an initial momentum move, such as a strong … Continue reading →

While it’s technically possible to trade without a formal trade plan, it is a highly risky adventure with our real money and hence it should be discouraged . What happens if we trade without a trade plan. Here are some … Continue reading →

Traders overtrade for a variety of reasons. Some of them are : Emotional responses such as fear, greed, or overconfidence leads traders to make impulsive decisions, including excessive trading. Some traders feel the need to constantly be involved in the … Continue reading →

Stocks prices need not always follow a same pattern because there are large number of factors that affect the price of a stocks. This includes the phenomena that we see on most of the days which is dropping at market … Continue reading →

Day dreaming, particularly when it involves envisioning various scenarios and possibilities can potentially be beneficial for trading. Day dreaming allows traders to mentally stimulate different trading strategies and scenarios. It can serve as a form of mental rehearsal, helping traders … Continue reading →

High networh individuals are people with signifcant financial assets, often exceeding certain threshold such as millions or billions of dollars. They include entrepreneurs. business executives, investors, celebrities, heirs to substantial fortunes and individuals with substantial financial resources. They manage their … Continue reading →

Hedge funds are investment funds that pool capital from accredited individuals or institutional investors to deploy in various strategies in order to generate high returns. This is often associated with higher risks than in traditional investment funds. These funds are … Continue reading →

Accredited investors are individuals or entities that meet specific financial criteria, allowing them access to certain types of investment opportunities that are not available to the general public. The criteria for being considered an accredited investor are typically defined by … Continue reading →

Treating our trading activities as a business involves adopting a disciplined and systematic approach to managing our investments. Here are some tips on how we can go ahead. By adopting a business-like approach to trading, we can increase the likelihood … Continue reading →

It is an irony that in order to be a successful trader we can learn from an unsuccessful trader. A trader might be considered unsuccessful or face failure if they consistently incur losses, fail to manage risks effectively, or do … Continue reading →

Investment values keep moving up and down. During depressions values fall drastically and remain so for a long time. Many of us feel sad and unhappy. The question is should we become sad and feel unhappy? Out of fear of … Continue reading →

Trading with a happy mind is crucial for making rational decisions and managing stress. Here are some tips to help you trade with a positive and happy mindset: Remember that trading involves both wins and losses. Maintaining a happy mindset … Continue reading →

The mindset of a day trader is characterized by a unique set of traits and attitudes that are crucial for navigating the fast-paced and volatile nature of financial markets. They are more related to an individual and his characterisics. However, … Continue reading →

Nobody can predict the future. Similarly no one can predict how the stock markets will behave. There are a few investment advisors who believe they know how the markets are going to move. They don’t realise that they are deluding … Continue reading →

Trading psychology is something that we all traders find very difficult to follow. Some of us are not even aware of what exactly it ist. A few of us have a very clear understanding of what Trading Psychology is but … Continue reading →

Intraday trading, also known as day trading, involves buying and selling financial instruments within the same trading day, with the goal of profiting from short-term price movements. Successful intraday trading requires a combination of knowledge, skills, discipline, and strategies. Here … Continue reading →

The role of attitude in trading is significant and can greatly influence a trader’s success and decision-making process. Attitude refers to a trader’s mindset, emotions, and psychological approach to the trading process. It plays a crucial role in various aspects … Continue reading →