TRADERS ACADEMY

2022-08-28 08:07:43 Keep a journal

A journal is a gathering place for all of our observations and discoveries about life. It’s our own handwritten transcript that captures our experiences, ideas, desires and conclusions about the people and the events that have touched our lives. The past, when properly documented, is one of the best guides for making good decisions.

The very act of writing about our lives helps us think more objectively about our actions. Writing tends to slow down the flow of information and gives us time to analyze and ponder the experience. The intense scrutiny of journal writing can enable us to make refinements in our philosophy that are truly life-changing.

Write down what you learn and be a buyer of empty books. It’s the small disciplines that lead to great accomplishments. Open / Comment

2022-08-28 08:07:33 Open / Comment

2022-08-15 08:11:16 Open / Comment

2022-08-14 07:36:54 Om Shanti Open / Comment

2022-08-14 07:36:40 Rakesh Jhunjhunwala Death News LIVE Updates: Billionaire investor and Akasa air owner Rakesh Jhunjhunwala passes away - The Economic Times
https://economictimes.indiatimes.com/news/newsblogs/daily-news-and-latest-updates-live-14-august-2022/liveblog/93549317.cms Open / Comment

2022-08-12 07:36:02 Open / Comment

2022-08-11 05:54:03 Open / Comment

2022-08-06 06:44:23 A trader who is in a bad mood should think about taking a break.

The easiest way to determine when a BREAK from trading is needed is to first assess your current emotional state and performance.

- Do you constantly close the trades couple of seconds/minutes after you opened them, chaning your mind?
- Do you spend all day "burning" your eyes, watching charts to find patterns just for the sake of making money fast?
- Are you deviating from your trading plan?
- Are you taking more risks than usual?

If you answered "YES" to at least one of these questions, then it's time to stop.

Always let the market give you the conditions for trading. Build your analysis = Follow your trading plan & strategy and let the market do what it needs to do. Never get into the market at random or into the first pattern you come across. You will often notice that the pattern is not the best trading condition.

When you find yourself violating strict risk management and trading plan, take a step back and understand what may be causing your irrational decision-making. Open / Comment

2022-08-06 06:44:23 Open / Comment

2022-08-06 06:44:23 Open / Comment