Super Gann Trader Academy, which conducts share market training in Mumbai, offers free trader awareness lessons. Mr. Roy is visiting his 6 years old nephew Neeraj in US. He brings him gifts from India. Neeraj challenges him for a video game contest. He initially refuses to play. But later after a lot of prodding he agrees to participate in the game. Neeraj asks his uncle to play first. Mr. Roy thinks that he can play the game and win since this…
Super Gann Trader Academy, which conducts stock market courses in Delhi, offers free trader awareness lessons. Before understanding requirements for trading rules, let us discuss and understand the need for driving rules. Driving is something that we all do almost every day in our life. When we drive, we follow these major rules of driving: Drive on one side of the road (left side in India). Follow traffic signals at road junctions. Follow speed limit. Follow overtaking and turning rules. Wearing…
Super Gann Trader Academy which conducts stock market courses in Delhi, offers free trader awareness lessons. Average people like trading because it gives them excitement. They trade on tips and hunches, which are a hit or miss system. This hit or miss is very addictive because our brain loves random rewards. Video games are designed to use this weakness of random rewards in our minds. When average traders make money, they give themselves credit for winning. When they lose they always find someone…
Super Gann Trader Academy which conducts share market classes in Chennai, offers free trader awareness lessons. We see what we want to see A confirmation bias is a thinking bias that causes self harm due to a blind spot in our thinking. We are not aware that it exists and how it affects our behavior and perception of reality. Confirmation bias causes us to favor information that supports our belief and ignore other information. This causes us to be selective in our…
Super Gann Trader Academy which conducts share market training in Mumbai, offers free trader awareness lessons. Once upon a time, Palestine and Israel were locked in major battle occupying opposite sides of a ridge. As part of ancient warfare tradition, Palestine challenged them for a single combat (one warrior from either side) to settle the dispute without incurring bloodshed of big battle. Palestine sent their mightiest warrior Goliath for this combat. Goliath was a 6 feet 9 inches tall, well-built warrior.…