DPZ Shares

  Secrets of a Pivot Boss Currently reading this book Secrets of Pivot Boss  by Frank O Ochoa... this book explains  How buyers and sellers psychology affects the market How to identify various market days like Trending, Sideways, range bound and distribution day etc.  Four important candle stick patterns  Pivots concept advanced pivots how to analyze pivots on a larger time frame  how buyers and sellers psychology affects the market  Secrets of a Pivot Boss offers the most comprehensive collection of pivot-related trading ideas and concepts available to traders. Whether you are a real-time trader, swing trader, position trader, or investor, you will find great value in this book, regardless of the markets you trade or your level of experience. Frank Ochoa has analyzed the market every day over the past 12 years and has cultivated the techniques in this book into a fine art using the best leading indicators available to traders. The concepts in this bo...

Don't let fear and greed destroy your trading.  When you take a trade, set your targets and go away.  Plan. Execute. Repeat. The failure rate is high among traders not because the game is rigged or because they aren't capable of success. The failure rate is high because traders grossly underestimate the amount of time needed to develop their mastery. Trading is not rocket science. The hard part is controlling fear, greed and managing risk and execution. 90% of traders fail on that. Psychology fact:  Eliminate fear to increase your trading success. - Reduce your risk - Back test your system Once you become fearless, trading becomes limitless. Fear of missing out disappears. When you start believing in probabilities. The best trader in the world loses more than the trader who is afraid of failure. Stop trying to triple your account in 1 month. Start aiming for consistent profits for 5-10 years. #TWTR #WAF

Most people come to trading with the mindset that it's impossible to make money in trading for 99% people. They spend some time to search for that holy grail method which will make money for them.   They rely on luck and take it as lottery which might change their miserable life. For them, it's a gamble which might work out if they are lucky. They are desperate to earn money because of financial problems outside of Trading. Its all a recipe for disaster they lose more than money Their confidence is lost and they become opinionated for life against trading   You're rarely going the catch an entire move. Most of the time, you'll leave money on the table. It’s just part of the business. If you have an emotional issue with the idea of leaving money on the table, you should work on that. Based on Twitter thread by @ AnandableAnand Love, DPZ