World Market throughout the globe were down between 2-4% today and the shock waves epicenter being ITALY . Italy’s ten-year bonds and 5 -year bond yields went above the 7% level which has marked the point of no return for other countries that required bail-outs. That suggests that their real worry is that Italy won’t… Read More »
Trading is a process of continuous learning. If a trader pays close attention to what was done wrong or could have been done differently in past trades, a trader can greatly improve future performance. For example, a trader may notice that there is some commonality in certain trading situations. In fact, by doing a postmortem… Read More »
Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. – ALEXANDER ELDER SBI SBI is coming… Read More »
Food inflation rises to nine-month high of 12.21% and after that the Indian Government has done another Petrol Hike by Rs 1.82 which will go ahead and increase fuel inflation also. This fuel price Hike after Petrol de regulation is burning big holes in pocket of indian consumers and goverment has told in strict sense… Read More »
Overtrading There are stock traders who make 150 or more trades in a single day. I am not sure they make a lot of money. I firmly believe that you can make more money by making fewer trades because it will make you focus on only the best of opportunities, and play them with a… Read More »
What drives stock prices are human reactions. Ironically, the key to successful speculation is to remove our decisions from our emotions. “Without control over your emotions, there is very little chance for profitable success in the stock market.” Larsen and Tubro LT is trading in the range of 1429-1267. Stock looks week technically but value… Read More »
Greece is back in Lime Light again with the surprise annoucment by its PM PAPANDREOU GREEKS TO VOTE ON EURO MEMBERSHIP IN REFERENDUM: PAPANDREOU. Why is this so market un-nerving news reason Being PM has asked the Greeks to vote for the the austerity measures his government has taken and Do GREEKS LIKE it or… Read More »
Winning disrupts the trader’s emotions as much as losing – We are disrupted when we experience events outside our expectation. The method that is 60% accurate will experience four consecutive winners about 13% of the time. Traders are just as susceptible to overconfidence during profitable runs as underconfidence during strings of losers. Tata Sponge… Read More »