TRADING WISDOM

As a new trader, one of the key ideas you need to understand is how the market moves over the long term and how it pauses or consolidates in what we call “brackets.” These are crucial concepts for identifying market trends and timing your trades effectively. Let’s break this down, using examples from the Nifty […]

In the book “Markets in Profile: Profiting from the Auction Process” by T. Jones and James F. Dalton, the authors explain how different traders operate on different timeframes and how these timeframes affect market movements. It can be confusing at first, but understanding these concepts can help you make better trading decisions. Let’s break it

Once upon a time, in a small coastal town, there lived two friends who shared the same name but had very different dreams. Cadet Vikibaba aspired to one day become the Captain of a great ship, while Trader Vikibaba dreamed of mastering the world of the financial markets. Though their paths seemed different, their journeys

“Every trader is the hero of their own story, but not all heroes win in the end. To succeed, you must know which type of hero you want to be.” In the vast and often unpredictable world of trading, understanding the different types of traders is crucial. Much like a game of chess, where each

“Every trader, irrespective of profile, is a day trader on the day he makes the trade.” — Markets in Profile by T. Jones and James F. Dalton The stock market can feel like a battlefield or a competitive sports game. Just like in soccer, where understanding the opposing team’s players is crucial, in the stock

Investing in the financial markets can be as challenging as navigating the open seas. To better understand how we make decisions—whether in trading stocks or steering a ship—it’s helpful to look at the work of Daniel Kahneman, a Nobel Prize-winning psychologist. In his book “Thinking, Fast and Slow,” Kahneman introduces the concept of two systems

When we chart a course across the open seas, we rely on our experience, knowledge of the weather, and the tools at our disposal. Yet, as any seasoned sailor knows, the ocean is unpredictable. The waves, winds, and currents can shift without warning, turning a calm voyage into a turbulent challenge. In many ways, this

Imagine you’re at an auction house, surrounded by eager bidders, all eyes fixed on a beautiful painting that’s about to go up for sale. The auctioneer takes the stage, and with a tap of the gavel, the auction begins. At first, there’s a calm. The auctioneer starts the bidding at a low price—something everyone in