Recent content by kingfisher3210

Neurons, synapses and brain plasticity- Your brain is the most powerful PC in the entire universe. Because we are not blessed with right guidance, we loose our way in trading and in life as well. Guidance serve as a the greatest motivator. Think about it and try to find out the answer to these...

The best book is your own trading journal which tracks market each day along with daily charts and excel sheet keeping track of prices. Really, life by default is simple. It is an immense struggle as you to learn any new skill/profession/business, brain plasticity is required. Brain Plasticity...

Re: How long does it take to make a stable income from trading? You can accelerate the learning process by making a journal, making notes, learning, revising, revisiting previous trading sessions. Neurons and synapses in our brain are real destiny and with proper learning and revision...

Excellent. Thats the key- Neurons and synapses inside the brain gets strengthen when you learn, revise and memorize things. Trading is like any other profession. It requires structured syllabus and semesters to learn trading.

Have you ever wondered how a raw person end up becoming a trained doctor, engineer, MBA etc? Here is an answer to our human destiny: There are about 100 billion neurons cells which are connected with 1000 trillion synapses in Brain. When you learn some thing new, a neuron cell is used. When you...

World Class Statement from a world class trader :clap::thumbsup: Anyone who thinks trading is a gamble, he/she has not approached the level of trading which is required to allow money to flow in the account effortlessly. In some cases, money will flow out of account but that should be...

Great Advice. :thumbsup: I myself find futures easier to trade. Atleast my order goes directly to exchange as compared to market makers forex brokers. i have moved to futures trading completely.

It is equivalent to saying to a Doctor- How many failed surgeries and dead patients you had before having success? The cardinal mistake new traders do is to bypass the 'learning' process and start putting live trade. It is equivalent to a situation that a high school science student who knows...

This is another 'misconception'/ wrong knowledge floating around. It is equivalent to asking to a Doctor- How many times you had failed surgeries and patients deaths before successful surgery? Trust me, there is so much wrong knowledge floating around regarding trading that trading has become...

Do you consider How europe is going to open while formulating Nifty Future day trade set up? After 12:30 p.m, NF is a clone of Europe markets in terms of direction.

Allright. This strategy works when market is in long term up trend and you sell high and buy low. You are doing a cash transaction as you had purchased shares and selling them. Now you are expecting TESLA will come down and you will buy it and then again you will sell it at higher price. You...

Right Boss. I agree. Clone in terms of direction but not Relative strength as FTSE traders have their own opinion whats high and low.

I will say stop trading Live. You are going to loose money if you have not fully accepted risk in your cognitive thinking. The problem right now is you are fearful of loosing, you have not accepted the risk fully in your thinking structure. Give it a year to learn, remember, revise your trading...

Trading is a synaptic strategy. After enormous amount of hard work, learning, memory, revision, the neurons and synapses inside your brain gets developed and you are on your way to make money. Any profession in the world involves organizing and reorganizing the neurons and synapses inside the...

I think we try to rationalize every movement market makes but we have no idea how traders behind the screen or on what basis are they buying and selling. You see, every traders has its own support, resistance points and every one has a different theory what work and what not that a full...