Archive for October, 2016

Free stock market training by Mr. Vashishtha at Hyderabad on Sunday 9 oct16. To attend call 9022330009

To attend a free online Stock market training by him, available in both Hindi and English, click on the link below, register, and free recording will come to you. English Free share market Training recording click – https://goo.gl/cvrbxU Hindi Free stock market Training Recording Click – https://goo.gl/H3HgTR

Qualities of a Successful Trader

Posted: October 4, 2016 in Uncategorized

Trading, though essentially a business and an art, which is perfected over time. It requires perseverance and practice. A good trader evolves over time with experience and expertise and earns the titles of ‘professional trader” and “expert”.

To reach this stage a stock market trader passes through many ups and downs, wins and defeats. He makes many mistakes along the way. But what sets him apart and paves his way to success is the ability to accept and learn from his mistake. Each mistake becomes a stepping stone to his next victory.

A good trader has a clear vision of what he wishes to achieve. He goes about planning his battle and then executes it to perfection. He is never vague about his objective and his thought process is crystal clear.

Every successful trader that has walked the face of this earth has always had a role model to follow. Some of the legendary traders and look up to them for guidance and inspiration, others depend on mentors who help and advise them from time to time.

A successful trader always has a plan and cultivates this habit of never executing a single trade without sufficient planning. An inbuilt mechanism prevents them from blindly jumping into a trade just because it looks attractive. He manages his time and money well and divides his goals based on time horizon and capital distribution.

Trading is hard work and a successful trader knows this just too well.  He is not in this business for the thrill of it and works tirelessly towards achieving his goal. Failures do not dishearten him and success does not make him euphoric. His perseverance and hard work eventually lead him to great heights.

Another important characteristic of a successful trader is the quality of patience. He realizes that the seeds he sows today will bear fruit in the time to come and is willing to wait and see his plan through.

Learning the game is extremely important and the successful trader recognizes this at the very onset. He leaves no stone unturned to gather as much knowledge as required for him to become a skillful and professional trader.

Trading requires one to be self-assured and confidence. A  trader has no place for letting his emotions affect the trade. Fear never stops him and greed never leads him on. He knows what he wants and how to get it.

A successful trader is a positive person and has an optimistic approach. Negativity can never come near him and any negative thought is dismissed.

A trader is either born with the above traits and is a natural or he cultivates them over time. But without possessing the above qualities a trader would never become completely skillful or see the pinnacle of holistic trading.

Copyright : Pathfinders Trainings

www.pathfinderstrainings.com / 9022330009

Free stock market training today at hotel satkar residency, thane west by , M.Tech.(IIT). Learn how loss happens in the stock market and how to convert them into profits. No gimmicks. Session at 10 and 2 today. To attend call 9022330009 or visit www.pathfinderstrainings.com

260b-29sep2016-dva-59660Stock market trading is usually associated with a significant loss when a crash happens as most people are dealing with stocks and stocks are going to make a loss with the price going down. The solution – learn bidirectional products called derivatives – futures and options.

Our stock market currently is very expensive with PE value around 24. Every time it goes above 22 it makes a lot of sense to book profit in the stocks and look for shorting opportunities in derivatives. That’s what we did in our trading room on 9 Sep 16.

I run an online trading room in which I live trade with my students every day. On 9 Sep 16, after a detailed fundamental and technical analysis of the markets,we decided to sell all our stocks and sit on cash. You have to learn how to sell greed and buy fear. It has paid off, and the same stocks are now available at a lower price.

The other opportunity that comes in an overbought market is shorting the fundamentally weak stocks that have gone up in the bull run and will correct sharply in the bear run. Out of 8000 stocks in our market, about 180 are allowed in the F&O segment. Most of these are large caps and blue chips, but not all are fundamentally strong. Great shorting opportunities are available in this segment, and this is what we have been doing for last one month.

On 29 Sep 16, we were trading the way we trade every day with our rules and strategies and that day the market moved three times more than usual, and I made 59,600 profit by using an average capital of 1,50,000 only. How is that possible – in derivatives you can do big turnovers by utilizing less money. My average capital was 150k, but I could do turnover more than 1cr. More than 20 of my trades made more than 20k that day. One of them made more than 2 lakh rupees in a single day.

It’s possible to make money with the market going down – you have to develop the skill of trading derivatives.

Copyright : Pathfinders Trainings

www.pathfinderstrainings.com / 9022330009