Kunal Desai Full-time trading is the ultimate goal for almost every person that starts trading stocks on their own. Everyone wants to quit their job so they can go trade stocks on the beach. The reality is that transitioning to full-time trading and building up the requisite skill takes time. Making the change before you are ready …
Read moreTransition From 9-5 To Full-Time Trading (Bulls Elite Series Day 12)
Aligning your trades on multiple time frames is imperative to achieving consistent profits from the stock market. Whatever type of trader you are, do not make your trading decisions looking at just one time frame on a stock’s chart. As a trader, you need to know as many pieces to the puzzle as you can. …
Read moreHow To Align On Multiple Time Frames (Bulls Elite Series Day 11)
Timing is everything in trading. How do you know when to buy the stock at the right time? And how do you know when to sell for profit? This is why you need to understand how to time stocks. The best traders have a system that allows them to get an entry before a big …
Read moreHow To Time Your Entries And Exits (Bulls Elite Series Day 10)
Breakouts and breakdowns are my favorite trading scenario. A breakout is when price moves beyond an area of resistance. A breakdown is the inverse, when price moves below an area of support, making it a great short selling opportunity.Whether you are trading on a weekly, daily, or intraday time frame, the concepts and strategies are …
Trading psychology is the difference between a winning trader and a losing trader. Once you have developed a trading system that has an edge, the next challenge is refining your ability to execute the strategy. This is where trading psychology comes into play. In trading you are often your own worst enemy. An understanding of …
Risk management is an essential component of being a successful trader. It only takes one bad trade to blow up your account and end your career. Great risk managers understand the importance of sizing their positions according to the type of trade they are taking and what is going on in their surroundings. In order …
Read moreIntroduction To Risk Management For Traders (Bulls Elite Series Day 7)