HOW TO TRADE USING CHANNELS Channels are another important technical analysis tool used by traders to determine profitable trade set ups on both short and long sides. Channels give precise entry,exit,stop loss and profit booking levels. What is a Channel A channel is the combination of an existing trendline and a new, parallel trendline… Read More »
If you’re an options trader, you may have heard about “Greeks” but you may not know exactly what they are or what they can do for you. What are Greeks anyway? Greeks, including Delta, Gamma, Theta, Vega and Rho, measure the different factors that affect the price of an option contract. Since there are… Read More »
Can trading be considered for a living…as a profession..as a major source of income..? It is a definite yes. But then, Can you derive your major source of income as a professional sportsperson..? Yes, but you need to put in a tremendous amount of time, discipline, hard work and above all a lot of patience.… Read More »
By Martha Stokes 4. Don’t count your profits before the trade is completed. Most traders worry about their profits and check them every day. They get elated when a stock they are holding moves up a few points and get frantic when a stock they are in moves down. They constantly check their held positions… Read More »
By Martha Stokes One of the best Written Article from my Archives Every seminar and book will tell you that controlling your emotions and having discipline in you’re trading are essential to your success. But no one tells you how to achieve emotional control and personal discipline while trading the market. Every trader sees the… Read More »
It is absolutely essential to have a trading plan in writing before you begin trading . Most of traders do not have a written trading plan, Having a Written trading plan is always an additional edge most of profitable traders have. Without a trading plan, you will be prone to inconsistent and erratic trading with… Read More »
The only true wisdom is in knowing you know nothing. – Socrates. Every person sees the world differently, depending on his nature and vision of life. The ignorant person and the wise one – both encounter the same world; but what is the vision of a person of wisdom? How does he think, feel, and… Read More »
Bharat Forge Positional Traders can use the below mentioned levels Close above 1162 Target 1220 Intraday Traders can use the below mentioned levels Buy above 1162 Tgt 1171, 1185 and 1198 SL 1154 Sell below 1150 Tgt 1136,1116 and 1100 SL 1157 Aditya Birla Nuvo Positional Traders can use the below mentioned levels Close… Read More »
FII’s bought 484 contract of Index Future worth 88 cores ,370 Long contract were liquidated by FII’s and 854 Short contracts were liquidated by FII’s. Net Open Interest increased by 1.2 K contract, so fall in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to Short Ratio increased… Read More »
As discussed in Last Analysis Low made today was 23610 and High 23760 so bank nifty continue to trade in the range as we mentioned not breaking any 1 of them so we were in no trade zone. If we hold today low of 23610 than we have a price time squaring and it generally… Read More »