You shall preserve your capital You shall stick to your stop-losses You shall not take bigger bets than you can afford to lose You shall not trade too many positions at the same time You shall not try to get rich quickly You shall never gamble on events You shall never average You shall never … Continue reading The Ten Commandments of Trading
Number 0: Master your mind. Cultivate discipline. And conscientiousness Conscientiousness is the ability to follow a plan. So basically you need to cultivate the mental mettle to stick to the plan. You also need to be immensely patient, and immensely disciplined. Number 1: Always have a written trading plan. If you are taking a trade, … Continue reading Improve your trading decisions
Heatmaps are released! Now you can get the picture of the entire market in one glance very visually. Here is what’s more: Sector-wise heatmaps Sorting by price, volume, IV, OI etc Liquid Stocks, Upcoming events, long buildup, short build up etc. Spotting great trades is now super-easy Try it now: https://web.sensibull.com/screener?view=heatmap
We are locked up inside our houses. We all want to learn and try something new. It could be very tempting for you to experiment options trading. Let us face it, we are very bored, and this seems interesting and addictive. If we have one advice, that is, PLEASE DO NOT. We would seriously ask … Continue reading Rule #1: Do not lose money
Trade only with the money you can afford to lose. Do not take huge positions. You will not be able to manage the emotions. Know how to keep your losses small and fixed. Do not trade to get rich quickly, or because you think it is easy money. The stock market is among the toughest ways to … Continue reading 14 tips to improve your trading
Did you know that you can fix your maximum loss in a trade to a small amount? Even before you place a trade? So no matter what happens, you won’t lose more than this small amount.How do you do this? Simple. Go to EasyOptions Get trades with small maximum losses Click on any of the suggestions to trade. And that’s … Continue reading Keep your losses small and fixed
Do not trade with money which means something to you Emotions lead to bad decisions. It is easy to be unemotional if the money you are trading with means nothing to you. But if it’s a loan repayment, or a credit card bill, or a home loan EMI or kid’s education fund, it becomes tricky. … Continue reading How do I avoid day trading mistakes?
Trading Trading is not gambling. Trading is years of hard work, learning, and discipline. If you are looking for a place to make money easily, look elsewhere. Trading is purely a game of psychology and discipline. Numbers data etc are secondary Never trade with a profit target in mind. Trade because the trade is the … Continue reading The Dos and Don’ts of great trading
Good traders are dispassionate about money. They trade with the money they do not need Simply put, rationality is way more important than emotions when you are gambling high stakes. When you trade with the money you need — like it is set aside for a house, or a car, or a wedding, you will … Continue reading 11 habits of great traders
A 5% move up or down in Nifty has become so common these days. If you are on the wrong side of the trade that could mean: 40,000 Rs loss per lot on futures.similar losses on selling optionsall your options becoming worthless on buying optionsIn times like these, you need trades which have limited losses, … Continue reading How to trade in volatile markets?