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Wallstreet

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Everything posted by Wallstreet

  1. Wallstreet
    Good analysis, very good presentation, simple flowing language which can be easily understood and best of all is motivating. These principles are universal which can be applied in all other fields and more so in trading I guess as it requires a bigger amount of self discipline. A good article all in all.
  2. Wallstreet
    I think your input is very valuable. If one intends to follow it seriously, it should be given respect and treated like a business. Also,I would like to add that one should keep of record of all transactions both profits as well as losses.That done, it is also necessary to analyze the factors behind it which help in futher harnessing the profit as well as avoiding the pitfalls.
  3. Wallstreet
    The points compiled are very good and practical, though they may not be new. Most of the traders are aware of this facts but get carried away when they give into emotions. Soultrader has very rightly said that there is nothing as quick money, to gain it you have to go though the pain or rather the process.
  4. Wallstreet
    I would suggest to go for a trading mentor as someone has suggested and it is important that the mentor should be good as Luke24.5 has mentioned.A right mentor is a storehouse of information and can guide about the techniques much better than the courses. Though If feel the drawback would be that a mentor would be a proficeint in select style.However on second thoughts it is better to Jack of one trade than be master of none.
  5. Wallstreet
    Practice is without doubt important but the educational resources should not be taken lightly either. These after all arise out of the experience of the trading knowledge of the author and why not make a good use of a prior experience. Of course, it should not make one adverse to experimenting one's own ideas.
  6. Wallstreet
    Yes I agree, the scalping traders have short time but it can be very profitable if the exit strategy is strictly followed. I guess a novice trader can use it and after experimentation can follow a technique of their own with education and exposure. Can anyone help me with the limitations with this kind of trading?
  7. Wallstreet
    I wasn't aware of this concept which I now find very interesting.Making money while the stock value falls, that's brainy. But I guess there must be a few important factors like- timing as chaostrader has mentioned nobody is a fool enough to hold onto a falling stock longer. Someone who is constantly watching the market like the stockbroker can be a good guide and the companies to be indulged in short selling should not be prone to major fluctuations. That's quite a bit of learning for a day I guess
  8. Wallstreet
    I am from India and have an avid interest in various aspects of finances and business, though I donot have much of business background but yes the intricacies interest me no end. Now with the financial world expanding more than ever,there is so much to learn. I would love to be here and learn and share more about the matter.
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