Intraday tips, day trading

stock tips, share tips

DAILY FREE TIPS

Intraday Trading

Traders Mental Map

Day-Swing-Position Trading

Beware of Scammers

Trade Blunders – Crimes of Thinking

Making Money Through Day Trading

Junior Nifty Stocks

NIFTY 50 STOCKS

Recommended Share Trading Books

Retail Traders - Cause of Failure

Trading for a Living

STOCK MARKET- Trading Rules

Traits of a Good Share Trader

What makes a Trader

INTRADAY SHARE TRADING TIPS

Intraday Trading-Watch Out For These Factors

Retail Traders and their Day trading Success

How to Interpret and trade Open Interest

Intraday Trading Break Out Method Trading

Intraday Trading Ways Explained

Stock Picking Methods and Strategies

NIFTY 50 STOCKS

Guidelines for Intraday Trading

CANDLESTICK CHARTING IN INTRADAY TIPS

FUTURES AND OPTIONS IN INTRADAY TIPS

TYPES OF OSCILLATOR APPLICABLE IN INTRADAY TIPS

Swing Index Oscillator used in Intraday Tips

Accumulation/Distribution Oscillator Used in Intraday Tips

Aroon Oscillator used in intraday Tips

Average True Range(ATR)Oscillator used in intraday Tips

Bollinger Band used in Intraday Tips

Demand Index Used In Intraday Tips

Adx Used In Intraday Tips

Macd Oscillator used in intraday Tips

Dynamic Moment Index Oscillator used in intraday Tips

RSI Oscillator used in intraday Tips

JUNIOR NIFTY STOCKS

COMPULSORY ROLLING STOCKS

Momentum Index Oscillator used in intraday Tips

CCI Oscillator used in intraday Tips

Chaikin A/D Oscillator used in intraday Tips

Chaikin Money Flow Oscillator used in intraday Tips

Chande Momentum Oscillator Oscillator used in intraday Tips

CMF OSCILLATOR USED IN INTRADAY TIPS

DAY TRADING

DEMA OSCILLATOR USED IN INTRADAY TIPS

DEMAND INDEX OSCILLATOR USED IN INTRADAY TIPS

DETRENDED PRICE OSCILLATOR USED IN INTRADAY TIPS

DIRECTNL MOVEMENT ADXR USED IN INTRADAY TIPS

 
Nse tips,  Nifty Tips

What makes a Trader?

TRADING is a wonderful business for those prepared to take the time to learn about themselves and the markets and work hard. Disciplined, patient and consistent traders will be well rewarded. Those who lack discipline and patience will bounce from one idea to the next, one broker to the next, and one system to the next with no clear plan in place. Eventually they will dwindle away their trading accounts to zero or stop trading through frustration and stress.

Too often would-be traders are sold the dream that trading is easy and once you have mastered a few basic skills you can lay on a beach on a deserted tropical island and watch the cash roll into your bank account in a protected tax haven. Nothing could be further from the truth.

As with any profession or business, trading requires learning and skill development, a plan and lots of blood, sweat and tears before it becomes rewarding. Many traders struggle for years before becoming an overnight sensation. All will admit they never stop learning. Nor should you. The markets will continue to change and evolve as new products are made available and technology continues to advance and change the way we trade.

Learning Process

By avoiding some common and often repeated mistakes, the learning curve and the road to profitability can be accessed faster than if these words of advice are left unheeded.
The romantic notion and lure of trading attracts people to the promise of profit from buying and selling anything from shares in companies, through foreign exchange to the global commodity markets. It is one of the last great free market activities available to anyone with a computer and a telephone.

The entrepreneurial spirit in all of us is kindled by the thought of buying and selling gold futures, currencies and a wide range of other markets. But it takes lots and lots and lots more hard work to become a consistently successful trader

Our Basic Attitude

Mistakes cost money, through not exiting a losing trade at a predefined stop-loss point, not taking trades according to the rules of our system because of some arbitrary or emotional influence on our thinking, or just doing dumb things that should never be considered as viable or sensible decisions in the first place.

Every trader needs to identify the point at which they accept defeat and cut losing trades, and have a way to monitor their overall performance based on the extent of these losses.
As humans we want to be right. We are hardwired from an early age and through the workings of the education system to be correct and get the answers right. At school we are constantly taught that being right is good and being wrong means you are stupid. As a consequence, we don't want to be proven wrong and have a tendency to hang on, often in vain, to this belief system.

As traders this can be damaging mentally and financially. Traders want to believe that all their hard work in analyzing the market, making an entry decision and placing the trade will result in a profit, proving to themselves and others that they were right. It is, however, far better to accept early in a trade that you are wrong, exit and move to the next trade. In this way you are reinforcing the idea that it is OK to be wrong. It doesn't cause that much grief and no one else really knows or cares anyway. Yet if you hang on and try to prove to yourself that you are right, then the results can often be messy. You can turn a loss of a few hundred bucks into something much worse.

Accepting that trading is as much about losing as it is about winning is a dramatic leap forward for any trader and a sure sign that a degree of professionalism has been achieved.
From an initial focus on the need to nail down the absolute best entry technique, progressing to a focus on clearly defining an exit strategy, the final phase is the realization that money management skills are the most important aspect of any trading business. Associated with this is a clear understanding of all the numbers associated with any trading system and understanding your mathematical edge in the market.

 
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