Be dispassionate about money. Trade with the money you 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 get emotional about … Continue reading How to be a good trader?
If you are into trading, no one needs to tell you that trading is not all about numbers and data. Ultimately what separates the men from the boys in the game is their mastery over the minds. Sensibull manifesto is our attempt to make traders attain discipline and mastery over their minds Manifesto talks about … Continue reading The Sensibull Manifesto
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
This is the continuation of the series “How to be a better trader?”. Click here to start from Part 1 “How much money should I trade with?” Every single trader who started trading has asked someone this question. But before we get into the answer, we need to know this: It is very important to … Continue reading Be A Better Trader. Part 2. Trading Capital
To trade well is not to trade is a very famous Zen proverb (which I just made up). Some of the best traders I have known did not trade for 17 out of 20 trading days a month. And in the three or so days they did, they made a killing. Why should you not … Continue reading To trade well is to not trade