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 »
Whether we admit it or not, many of us are lured into the world of trading because of the potential to make big money. There are instances when traders are just in it to make profit at any cost , They do not concentrate on learning the process,mastering your trading skills. If you are trading everyday… Read More »
Engineer India Positional Traders can use the below mentioned levels Close above 238 Tgt 246/254 Intraday Traders can use the below mentioned levels Buy above 237 Tgt 239,241 and 244 SL 235.5 Sell below 233.8 Tgt 231.8,228.7 and 225 SL 235 BEML Positional Traders can use the below mentioned levels Close above 1042 Tgt… Read More »
By Andrew The mind is very powerful. We interpret things based on how comfortable we are, and we decide to take action based on that perceived comfort level. It reminds me of something I once heard from a psychology professor giving a lecture. I’ve adapted it a bit for trading. I want you to imagine… Read More »
Source Looking at Mirror One day all the employees reached the office and they saw a big advice on the door on which it was written: “Yesterday the person who has been hindering your growth in this company passed away. We invite you to join the funeral in the room that has been prepared in… Read More »