Nifty is currently in a momentum bull market with Index Crossing 10000 and stocks flying as there is more tomorrow. Many traders were asking my Opinion on the current bull market, I am reproducing the below post which I have discussed as part of my Yearly analysis on 20 Dec 2014. Please go through the… Read More »
Story source: Chicken soup for soul. The passengers on the bus watched sympathetically as the attractive young woman with the white cane made her way carefully up the steps. She paid the driver and, using her hands to feel the location of the seats, walked down the aisle and found the seat he’d told her… Read More »
As traders one of the most important but neglected topic is Risk Management. If you want to become a consistent profitable trader risk management needs to be mastered upon. It is what keeps us in the game as traders. During my interaction with traders I am often surprised to find that many traders have no… Read More »
Fear – To make money in trading you must be willing to take some risk. If Nifty is trading at all time high, Do not be afraid to take long or Short.The more you are scare of losing money the more likely you could lose. Bullish won’t dare to buy, bearish won’t dare to sell. Stick… Read More »
You offer your broker a car each morning so he doesn’t need to take the Mumbai local to get to the terminal by 9.15 am. The pink papers are the first to disappear from your lap when you fall asleep on a flight. Every third executive works through the day with the Moneycontrol site minimized… Read More »
Nifty Finally hit the Sacrosanct figure of 10000. As we have forecasted on 19 July As per time cycle till 9787 is held bulls can push nifty towards the scarocant figure of 10000 by 30 July. Below are the few observation as we hit 10000. Nifty has done the 3 fasted 1000 points journey, fastest… Read More »
Some describe trading as purely based on “LUCK” , “Tukka marna” as we call it in Hindi, but from my perceptive trading is all about “Skills” . Skills take time to develop. Take an Example of Engineer, To get an Engineering degree a student has to study for 6 years ( 2 Years for entrance… Read More »
ANYONE who works hard enough and smart enough can achieve both financial and personal freedom YOU are the only one responsible for your success or failure. Every decision you make is solely up to you. The stock market is a place where no one can tell you that you can’t buy this or aren’t allowed… Read More »
One day a man saw an old lady, stranded on the side of the road, but even in the dim light of day, he could see she needed help. So he pulled up in front of her Mercedes and got out. His Pontiac was still sputtering when he approached her. Even with the smile on… Read More »
Traders trading without a trading plan and not having proper discipline are bound to loose in stock market, as they are unable to change the sides quickly end up being a loser. As per Stats only 5% traders are able to make money on “consistent” basis in the market in long run. So what makes… Read More »