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
If you would like to read more about the right attitude to trading, please visit the Sensibull Manifesto. I hope you find this useful. Thank you!
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. Demo video of Easy Options in English: Demo video of Easy Options in Hindi:
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?
Patient — Patience is everything in day trading. When you are about to enter a trade, hold your nerve till you actually get the entry price you wanted. It will come. And if does not come, don’t take the trade Be Aggressive — When you are ready to take a tradeand are sure, be ready to go … Continue reading 13 ways in which you can improve your day trading
