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Grandmaster Chess Player

I can tell you India experience: India is growing quite fast at 9% real GDP growth. New Shopping Malls and high rise apartments are coming all over India. Salaries in India are increasing at an annual rate of 10-15%. So if someone is educated from India's top institutes, i think one can...

Great post..Your life experience gives you wisdom of true knowledge and thanks for sharing with us here. I fully agree with you..brain development is the key ti sucessful trading or gaining expertise in any profession. The knowledge and patterns stored in Long Term Working Memory (LTWM)...

Very well said.. marvelous quotes. Thanks for a great post. I am confident i have finally cracked the trading code. It is a simple plain hard work where brain rewire itself to handle trading ambiguity. By repeated practice, neurons grows dendrites and communicates with other neurons...

My answer is most genuine, refreshing, new and proven scientific empirical evidence: Holy Grail is: "Rewiring your brain synapses and connecting neurons building new pathways leading to fluency in trading." And how you do that? You simply observe market reaction every day, note how...

US is responsible for global imbalances of all sorts- be it food or anything else. Having said that, I celebrate American capitalism and wonder how US created a massive $ 14 trillion economy with just 300 million brilliant Americans. Way to go...world is jealous of US success and US has...

Japan is a $ 5 trillion economy and by 2050, it will be like $ 6.4 trillion economy...Japan will add meager $ 1.4 trillion in next 40 years. Clear cut end of Japan over the next 40 years. Kudos to China...Beijing and Shanghai buildings looks like London these days !

Kudos buddy...quite a good comprehensive knowledge you have. I was reading an UN report where they said the world needs to produce more food in the next 30 years as compared to collectively it has produced till 2010. China has 25% of world population and India has 16% of world population-...

India has lot of problems- It is noisy, smelly, polluted, roads are broken, overpopulated, illiterate, poverty is widespread..name any problem-India has it ! But inspite of all this, the country has managed to grow by 9% p.a. 8% GDP growth is now a default growth rate of India and they are...

Overbrought levels...sell off will come. My experience shows trading is all about shorting overbrought levels and going long on oversold levels..rest everything in between is a noise and day traders try to milk the noise.

Emotions needs be controlled while trading.

Quite true and sad as well as those who cant afford babies are getting trapped in nature pleasure game. Creator needs to be responsible.

A friend today told me his GF is few weeks pregnant. He thinks sex on Dec 31st night probably caused that pregnancy. He is quite sad as he has to pay child support and he is looking for a second job in evening to pay for extra expenses. His GF is delighted and quite happy. She is getting...

The problems will remain in 2050 also...there are going to be few million Indians who will be beggars, sleep on road and die of starvation. However, the 250 million Indians who are currently living under poverty line will reduce drastically. The report says there will be 2 billion Indians...

That report was from an economist acting solo to market himself. This report is from Citi collectively put by a team of top ranked global economists after studying lots of data. This report is more relevant, genuine and trustworthy.

The 10 largest economies by 2050 (in trillion 2010 PPP dollars) will be very different from what they are now. In view of its continuing robust growth, India is expected to be the world's largest economy by 2050, surpassing China and the United States, a Citi report said. "China should...

Very bad..Please include Mumbai in the poll list. Mumbai should be in the list as it has got a chance. In next 20 yrs, India per capita income could be $ 15000...$15000 multiply 1.5 billion people- Whooping third largest economy !

The problem with TA is each and every trader is using different TA on a different TF. TA does not help you to 'read the markets correctly'. I dont use any TA.

Hint 1- You need atleast 2500-3000 hours of practice to develop a neural circuit in your brain to start trading. Hint 2: You are following MACD. Another trader is using SMA. Another one is using Fib. There are millions of individual traders using millions of different trading system and...

My suggestion: One should get a full time job, work 20 hours a week in practicing trading skill. 20 hours a week for 10 years will translate to approx 10,000 hours of practice. After 10 years, start trading business by going live with one contract. Then expand the trading business by...