The Dos and Don’ts of great trading

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

14 trading tips to improve your trading

Trade only with the money you can afford to lose. Do not take huge positions. You will not be able to manage the emotions Do not trade to get rich quickly, or because you think it is easy money. The stock market is among the toughest ways to make money Do not trade when you … Continue reading 14 trading tips to improve your trading

Improve your trading decisions

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

The Sensibull way to trade NIFTY on Karnataka Elections

This post assumes that you are a new investor, and that you do not completely understand Implied Volatility (IV). If you understand IVs and you know what you are doing, all we have to say is to look (at the IVs) before you leap. ATM IV, i.e. the IV of NIFTY May 10800 Strike stands … Continue reading The Sensibull way to trade NIFTY on Karnataka Elections

Be a better trader. Part 3. Avoid big risks

This is the continuation of the series “How to be a better trader?”. Click here to start from Part 1 There are no points for valor in trading. Taking stupidly big bets is not courage. There is no glory in losing money. In the last post, we looked at the right attitude towards money. In … Continue reading Be a better trader. Part 3. Avoid big risks

You Should not be Doing Covered Calls

This article is dedicated to my friends who asked a question on covered calls — Pallu aka Saurabh and Rakesh Hegde. What is a covered call? You have Infosys, which you purchased at 900. You think the stock is stuck in a range, say 880–920. You sell a call against your stock and get some premium every month. … Continue reading You Should not be Doing Covered Calls