1. Trading affects psychology as much as psychology affects trading . Many traders experience stress and frustration because they are trading poorly and lack a true edge in the marketplace. Working on your emotions will be of limited help if you are putting your money at risk and don’t truly have an edge. 2. Emotional disruption… Read More »
Europe said Monday it will negotiate a new bailout for Greece after the country agreed to enact deep economic reforms under close supervision by its creditors. The deal — if ratified — should prevent a chaotic Greek exit from the euro, an unprecedented event that would have shaken Europe to its core. “EuroSummit has unanimously… Read More »
Grasim Positional/Swing Traders can use the below mentioned levels Any close above 3603 stock can bounce to 3698/3804. Intraday Traders can use the below mentioned levels Buy above 3603 Tgt 3626,3656 and 3698 SL 3572 Sell below 3570 Tgt 3543, 3520 and 3490 SL 3590 LIC Housing Positional/Swing Traders can use the below mentioned… Read More »
For those who missed today’s festivities in Brussels, here is the 30,000 foot summary: Europe has given Greece a “choice”: hand over sovereignty to Germany Europe or undergo a 5 year Grexit “time out”, which is a polite euphemism for get the hell out. As noted earlier, here are the 12 conditions laid out as… Read More »
Last week we gave the Chopad level of 18816 Bank Nifty opened with gap down and show a swift recovery from the lows and gave a long entry to Chopad followers which got stopped out and gave short entry on Tuesday and did 2 target on downside. Lets analyze how to trade market in coming… Read More »
Last week we gave Chopad Levels of 8546 , Nifty opened with gap down and show a swift recovery from the lows and gave a long entry to Chopad followers which got stopped out and gave short entry on Tuesday and did 2 target on downside. Nifty made low of 8316 almost meeting 2 Chopad… Read More »
The Eurorgoup Meeting ends with zero agreement after 9 hours of rumor-mongering and escalating tensions. *DIJSSELBLOEM SAYS TALKS ARE STILL VERY DIFFICULT *DIJSSELBLOEM SAYS ISSUE OF GREEK TRUST VERY DIFFICULT *DIJSSELBLOEM: `WE DON’T HAVE A SOLUTION YET’ *DIJSSELBLOEM SAYS `HUGE PROBLEMS’ REMAIN IN GREEK TALKS *DIJSSELBLOEM: `FOR SURE IT WAS A DIFFICULT MEEETING’ Euro… Read More »
FII’s sold 2.4 K contract of Index Future worth 6 cores ,2 K Long contract were added by FII’s and 4.5 K short contracts were added by FII’s. Net Open Interest increased by 6.5 K contract, so today’s fall was used by FII’s to enter shorts and longs in index futures What You Can Learn From… Read More »
Trading is a performance game and there are a lot of similarities between trading and sports. Sports,like Tennis/Cricket/Soccer offers a variety of concepts that can be translated to trading. The mentality, the thought process and the preparation that comes with professional sports illustrates nicely how a trader should approach trading and what to do in… Read More »
The Greek parliament has approved the proposal Alexis Tsipras submitted to creditors on Thursday. The ball is now in Europe’s court with a Eurogroup meeting scheduled for Saturday. GREEK LAWMAKERS APPROVE GOVERNMENT’S BAILOUT PROPOSAL: TALLY As expected, Energy Minister and Left Platform leader Panagiotis Lafazanis voted against the proposal as did Parliament speaker Zoi Konstantopoulou… Read More »