Below is my Interpretation of FII OI data Sheet for 07 Dec. Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF 1. FII bought 20,044 Contracts in NF worth 539 Cores in Index Futures with Open Interest Increasing by 13804 contracts. 2. FII has added longs as… Read More »
I realized that every time I had a loss, I needed to learn something from the experience and view the loss as tuition at the College of Trading. As long as you learn something from a loss, it’s not really a loss. Stop looking at losses as problems and start viewing them as opportunities to… Read More »
Below is my Interpretation of FII OI data Sheet for 05 Dec. Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF 1. FII sold 9107 Contracts in NF worth 216 Cores in Index Futures with Open Interest Increasing by 25487 contracts. 2. FII has booked profits… Read More »
“Good trading is 10% technology and 90% psychology. People defeat themselves. It doesn’t matter how often you repeat basic trading principles when almost no one will practice them.” (Maoxian) People lose money at the stock market for very simple reasons: They don’t have a method at all. They rely on other people opinions. People don’t… Read More »
A professional trader isolates himself from the herd and has trained himself to become a predator rather than a victim. He understands and recognizes principles that drive the markets and refuses to be mislead by good or bad news, tips, advice, brokers advice and well meaning friends. When the market is being shaken-out on bad… Read More »
Nifty was up 7.3% during the week after 4 weeks of consecutive loss taking cues from the global stock markets. Revival in foreign fund flows and bargain hunting at lower levels drove markets higher. It would be interesting to see how the next week pans out lets see how we are technically positioned for trade… Read More »
The market does not care how you feel. It will not prop up your ego or console you when you are down.Therefore, trading is not for everyone. If you are unwilling to face the truth about the markets and the truth about your own limitations, fears and failures, you will not succeed. Trading is not… Read More »
The central banks of Europe, the U.S., Britain, Canada, Japan and Switzerland eased banks’ access to dollars by reducing their borrowing rates. They were responding to fears that a European country will default, touching off a credit crunch similar to what followed the 2008 collapse of Lehman Brothers. Borrowing rates for European nations have skyrocketed… Read More »
BEIJING: China’s central bank cut the reserve requirement ratio for its banks on Wednesday for the first time in nearly three years to ease credit strains and shore up activity in the world’s second-largest economy. The 50-basis-point cut in the reserve ratio showed China’s monetary policy has swung into easing mode as economic growth slows… Read More »
Your trades must be based on clearly defined rules. You have to analyze your feelings as you trade, to make sure that your decisions are intellectually sound. You have to structure your money management so that no string of losses can kick you out of the game. Nifty Daily On daily chart Nifty showed… Read More »