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 »
TVS Motor Positional Traders can use the below mentioned levels Close above 315 Tgt 322/333/340 Intraday Traders can use the below mentioned levels Buy above 315 Tgt 318,321 and 323 SL 313 Sell below 311 Tgt 309,306 and 303 SL 313 Dabur Positional Traders can use the below mentioned levels Close above 306… Read More »
Nifty did a one way ride last 6 months from low of 6825 till recent high of 8723. One of the most spectacular rally seen in recent time. These kinds of rallies (2006/2007/2014) and falls have been coming and will be coming for next many many years. But important thing is were you part of… Read More »
Common Reason for Losing money by most of traders is , We make money is 3-4 trades but lose it all in next 1-2 trades. Trying to be in trade all the time is one of the main reason of not being a profitable trader. Most of the trades want to take part in all… Read More »
W D Gann laid very fundamental strong set of rules for trading in any markets. Though these rules were written in 1930s and the markets were much different and those time, however these rules are still valid and applicable and traders who can follow these rules may ensure a successful trading career. Many legendry traders… Read More »