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 »
Tickeritis is a frustratingly painful disease uniquely associated with trader doing intraday or short term trading. In 1926 Henry Harper, in a book called The Psychology of Speculation, labelled the constant need to watch the market as “tickeritis” You know you have this Tickeritis when after a trade entry each and every tick that moves… Read More »
Bishnu Shrestha wasn’t looking for a fight on the evening of 2 September 2010. As his express train roared through the darkness of the jungles of West Bengal, this Nepalese ex-soldier sat quietly, looking out the window into the calm stillness of the night sky above. The 35 year old veteran was finally on his… Read More »
By Jan Graham About 6 months ago, I joined a gym. Every morning, there is one personal trainer there that works out at the same time that my little group does our workout. He does his “routine” with such a quiet determination that he makes it all look very easy; although I know all too… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »
PFC Positional Traders can use the below mentioned levels Close above 109 Target 112/114 Intraday Traders can use the below mentioned levels Buy above 108 Tgt 109,110 and 111 SL 107 Sell below 106.2 Tgt 105,104 and 102 SL 107 OIL Positional Traders can use the below mentioned levels Close above 179 Target 185/189 Intraday… Read More »