India Stock market are going through a Bull phase and is the best performing market for 2014. As market keep rising every day many traders are getting attracted towards it making fast bucks. Today we are discussing the thought process of new trader and the corrective steps which traders should start implementing before their trading… Read More »
In Continuation with Previous Article What can you do to overcome pull the trigger Stop Blaming Others: There are people who just want to find fault in others, If He Misses a trade, Make Loss, Unable to enter and exit easiest way is to start blaming market, fellow traders, any site where you are… Read More »
Adani Port Positional Traders can use the below mentioned levels Close above 271 Tgt 288/295 Intraday Traders can use the below mentioned levels Buy above 271 Tgt 272.8,276 and 280 SL 268.5 Sell below 267 Tgt 265,261 and 257 SL 269 Apollo Tyre Positional Traders can use the below mentioned levels Close above 196… Read More »
Source Paul Tudor Jones II: “The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. … If they are going against me, then I have a game plan… Read More »
Catherine Pulsifer My Grandmother was always encouraging me to set goals and work hard to achieve them. She would tell me not to be a follower and not to set limits on what I could achieve. She truly believed that there were no limits that you could achieve whatever you wanted. She once told me… Read More »
Lets discuss the last 3 days price action in Nifty. Nifty closed below 8577 on Friday, You went short hoping to make a 100 points. Monday market continue to trade below 8577 but suddenly reversal come and it start trading above 8577. You have decided if it close above 8577 for 1 hour i will… Read More »
Losing Streak/Trading Slump are inevitable in trading.A losing streak can be a sustained draw down in capital, where loses occur day after day, or a losing streak can even be a period of low returns where you are just doing breakeven. As market are dynamic in nature and a change in trend of market which… Read More »
It took me some time to understand the power of habits in our life. A while ago it seemed to me that having habits is boring, difficult, and takes to much time. I didn’t realize that many of the things I was doing were habits implemented without my permission. But if I already have habits… Read More »
How can a professional take the same trade as an amateur yet end the trade at a profit or be in a better position psychologically after taking a loss? Its similar to a professional sportsman who might lose a match but end up winners in subsequent matches. Every trader experiences losing trades. Professionals and amateurs… Read More »
1. Expect the Unexpected 24 Aug 2015 just 1 year before, Nifty saw the highest fall closing down by 491 point and well below 8000. And Now we are trading close to 52 week high and around 6% down from Life high of 9119 . This August 2015 we have not even moved 1% from… Read More »