Flash Crash Nifty has been dramatic and opens a can of worms on how vulnerable are capital markets to human error where a dealer punching a wrong number can lead to a900 point fall in Nifty and a algorithm going berserk can cause a 440Millon $ loss to Knight capital in US (Happened on 22… Read More »
Everything was going right in favor of Bulls Government doing big bang reforms, FII whose bags are flusehed with liquidity by ECB and Fed are bullish on india and Buying heavily and Nifty trading at 18 months high. But it took a single trade to give a blow to sentiment, Friday 05 Oct 2012 will… Read More »
Afraid of “pulling the trigger” – This usually means that the trader does not have a system or approach already in place. They have not calculated risk/reward and many times, these trades are unplanned. This also comes after a string of losses. They don’t want to be “wrong again”. There is no trust from within and… Read More »
Indian Government has unleashed second wave of Big Bang Reform 2:Cabinet clears FDI in insurance, pension sector http://bit.ly/PYLlzI . Nifty had already had an inkling about this and the reason After showing seven sessions of small range trading sessions which we discussed yesterday consolidation with positive bias , Nifty finally staged upside breakout of the… Read More »
New Delhi: Determined to prove the economy is in turn-around mode, the Cabinet has cleared a new installment of big-bang reforms. The plan is to allow more Foreign Direct Investment or FDI in the pension and insurance sectors. What the cabinet approved: Raising the cap on FDI in insurance from 26% to 49%, and… Read More »
Bruce Stanley Kovner is the founder and Chairman of Caxton Associates, a hedge fund that trades a global macro strategy and is considered amongst the worlds top and largest 10 hedge funds with an estimated $14 billion under management . In March 2011, Kovner had an estimated net worth of around $4.5 billion On protecting… Read More »
Almost everyone says that discipline is a requirement to succeed in trading. But most people never talk about what really underlies that type of discipline. The answer……true self-confidence. The market can stay irrational longer than you can stay solvent and the market’s goal is to extract the most money from the largest group of people.… Read More »
Nifty is under consolidation with positive bias from past 2 trading sessions,this consolidation should not be taken as the sign of weakness as Nifty is closing successfully above 5700 with fresh 52 week high. So please do not short the market as its not moving higher wait for the signal to emerge. Its… Read More »
Using money you can’t afford to lose – Usually, a trader is pinning his/her last hopes to make money. Traders fear “losing” the “last best opportunity”. Self-discipline is quickly forgotten but the power of greed drives them, usually over a cliff. Here, the rewards are given more attention and overall personal financial risk is ignored. Biocon… Read More »
The father of the nation with the tools of truth and nonviolence, Freed our nation from imperialism, Follow path of truth and wisdom, Pay homage to this great leader on Gandhi Jayanti & always….. 1. FII bought 3254 Contracts of Index Future,worth 93.15 cores with net OI increasing by 6544 contracts. SGX Nifty is… Read More »