This is the story of a king and his Prime Minister. The King was a very noble, generous, efficient and progressive king. His Prime Minister was also very intelligent, diplomatic, aware of his duties and very faithful to the king. But the Prime Minister had one annoying habit….he used to say “Very nice, very nice”… Read More »
I have had many readers through the years and students of my trading course –most of whom were less-experienced traders–tell me that at some point in the future they planned to quit their 9-5 jobs and become a full-time trader. Traders who have recently entered market and made good money also plan to become a… Read More »
PFC Positional Traders can use the below mentioned levels Close above 121 Target 127/132 Intraday Traders can use the below mentioned levels Buy above 121 Tgt 123,125 and 127 SL 119.5 Sell below 119 Tgt 117,115 and 113 SL 120 Axis Bank Positional Traders can use the below mentioned levels Close above 763 Target 784… Read More »
When emotions dominate Traders decision making,Trader become subject to emotional hijackings—episodes where your trading actions are completely emotion driven.As markets go against the trader, confidence withers and emotions become even more prominent in decision making. It causes feelings‐driven actions that seemed correct at the time, but objectively and, of course, in hindsight, were obviously wrong. … Read More »
You may have put extra effort into your trading to try to overcome this problem, learning more about technical analysis and maybe trading psychology. But that doesn’t seem to matter. When you get into a trade you Following Happen 1. You feel your nerves rise. 2. Your attention rivets onto Price flashing in terminal,Every Tick… Read More »
Raj had been watching the Nifty futures all morning, waiting patiently for a trade. Finally,Nifty came near His entry levels based on his trading system. He looked carefully at the price action he used to qualify his trades. Everything met his criteria. Price had turned bullish and signaling long should be taken. “There’s no flaw… Read More »
BEML Positional Traders can use the below mentioned levels Close above 980 Target 1003/1035 Intraday Traders can use the below mentioned levels Buy above 980 Tgt 987,999 and 1008 SL 970 Sell below 965 Tgt 956,948 and 935 SL 972 Canara Bank Positional Traders can use the below mentioned levels Close above 264 Target 277… Read More »
A losing trader is in denial. His equity is shrinking, but he continues to jump into trades without analyzing what is going wrong. He keeps switching between markets the way an alcoholic switches between whiskey and cheap wine. An amateur whose mind isn’t strong enough to accept a small loss will eventually take the mother… Read More »
Trading is Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.You might hear of rags to riches stories or traders boasting about the money they made in a trade. Its am exciting business but the fact is only 5% of traders are able to make money on a consistent… Read More »
Ashok Leyland Positional Traders can use the below mentioned levels Close above 91 Target 97/101 Intraday Traders can use the below mentioned levels Buy above 91 Tgt 92,93.5 and 95 SL 90 Sell below 88.8 Tgt 87.2,86 and 85 SL 89.8 BPCL Positional Traders can use the below mentioned levels Close above 365 Target 377/385… Read More »