The difficult thing about studying the science of habits is that most people, when they hear about this field of research, want to know the secret formula for quickly changing any habit.

Traders, I have been trading personally for a very long time and the tax filing times have always been the most painful part, sitting with a CA and accounting for profits, losses, expenses and others.

Traders, FY 2014/15 has been a great year  for the markets with over 30% increase in the benchmark Nifty index.

“The most important is discipline – I am sure everyone tells you that”.

Traders must have rules and trading plans because in the heat of trading when emotions flare up that is when greed, fear, and ego can easily hijack the trader.