Author Archives: txsupport

HOW EGO KILLS WINNING TRADERS?

How ego kills winning traders?

Many successful Traders are taking trading decisions by doing lots of analysis, building strategies, back testing scenarios and study various behavioral patterns of the market, but still failed many times, Why? It is because of their EGO, stopping them to follow trading discipline. Ego in Trading, How? A successful Trader does a lot of analysis

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Volume Shockers – Interesting Volume Behavior in Tata Global

There is a very peculiar and interesting behavior observed in volume shockers scanner. Whenever Tataglobal futures hits a new high it comes with a volume higher than last 30 days average in the very first hour (9.15a.m – 10.15a.m) as highlighted in yellow color in the above image. Open Interest data shows smart money is parked in the first hour of trading with sizable open interest build up thereby driving the price madly higher to the newer extreme.

Mark Douglas

What Traders Can Learn from Mark Douglas?

Mark Douglas, one of the greatest authors of trading psychology tried to stress to traders in order to help them achieve consistent profitability. He wrote the book which is famous among the trading community “Trading in the Zone”. We can all learn something from Mark – he has dedicated his life to help people mentally and emotionally with their trading.