Ideas from books, articles & podcasts.
Too much knowledge, analysis and theory can have an adverse effect, instilling doubt and uncertainty in every decision taken.
A more effective way is to pick a few trading tools that suit you and leave the rest.
published ideas from this article:
MORE IDEAS FROM THE SAME ARTICLE
Most traders enter the business of trading without a plan. This is the equivalent of driving a car without being sure of one’s destination.
Having a trading plan keeps you on course and helps you reach your desired destination. It allows you to filter and analyse what is working and what ...
This is on the higher side, with only about 20 per cent traders being consistently in the black.
This low rate of success in trading is due to many factors, knowing about which can help a trader avoid certain pitfalls.
While the glitz and glamour of trading are attractive, if we are having poor risk management skills, and fail to calculate the risk in each trade, it can accumulate and erase your trading account in no time.
The chess game of trading requires a good defence.
Most ‘trading strategies’ that traders of all kinds keep looking for almost always backfire eventually. Even if it works for some, it may not work for us.
One needs to see what strategy is good both in the market and with one's personality to be able to get any benefit.
Just like we cannot over-speed indefinitely in a highway with traffic, we cannot keep our winning streak in trading going on forever.
We have to put the brakes (Stop Loss) to ensure we don’t go down with the ship in a sudden plunge. Trading is about probability and it is good to know that...
Anything of value in life requires mental and physical efforts and involves time, energy, and resources.
Just like becoming a highly-paid doctor earning a six-figure income requires years of hard work, becoming a highly successful trader needs a decent capital, emotional strength and yea...
MORE LIKE THIS
Trading of stocks and bonds has many variables and the uncertainty can lead to fear and anxiety. Fear is the biggest hurdle to overcome in this otherwise lucrative way to earn money.
Knowing about fear and how to overcome it can be beneficial for the newbie.
HEIKIN - Average, ASHI - Pace
Heikin Ashi pattern represents the average pace of the prices. These patterns are useful for getting an idea of the price trend.
Vanity is excessive pride in or admiration of one’s own abilities, appearance, or achievements. There is a fine line between vanity and ego. Ego is a person’s sense of self-esteem or self-importance.
Vanity may be the devil’s favorite sin, but ego can be a ...
❤️ Brainstash Inc.