Great traders are often thought of Traders having very strict risk management, and very much well versed with their trading strategies . But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions and do not get panicked in times of high volatility and do not get greedy… Read More »
Introduction Fibonacci numbers were derived from an Italian mathematician Leonardo Pisano. Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered the relationship of what are now referred to as Fibonacci numbers while studying the Great Pyramid of Gizeh in Egypt. What are Fibonacci numbers… Read More »
Once upon a time, a very strong woodcutter asked for a job in a timber merchant and he got it. The pay was really good and so was the work condition. For those reasons, the woodcutter was determined to do his best. His boss gave him an axe and showed him the area where he… Read More »
Dont spent all your time admiring the fancy tools in the magazine. First learn how to use the basic ones well. Its not the size of your tools that counts but how you use them. Keep it simple. Simple time-tested methods that are well executed will beat fancy complicated method every time. Trading with poor… Read More »
Markets have been on a roller coaster ride since the start of new year week. These kind of markets are real test of trader. I firmly believe that anyone can learn to trade successfully, it’s also true that there are certain skills and abilities that one must be willing to develop before they can become… Read More »
Keeping losses small in order to avoid huge losses Why is that so? From a psychological point of view nobody wants to lose be it stock market or in any situation of life. No One want to admit He/She has done a mistake and termed as a loser. That’s why most people prefer sticking to… Read More »
HCL Tech Positional/Swing Traders can use the below mentioned levels Close above 856 Tgt 874/898 Intraday Traders can use the below mentioned levels Buy above 854 Tgt 865,876 and 888 SL 848 Sell below 840 Tgt 832,820 and 809 SL 845 Reliance Positional/Swing Traders can use the below mentioned levels Close above 1015 Tgt 1041/1065… Read More »
Nifty has been in panic mode from past 1 Jan 637 points in 11 days and we have seen capitulation in Mid and Small caps. Most of traders were bearish were holding long and bought Call options as covered in FII analysis. With such sudden fall many traders are caught of wrong foot and now… Read More »
There are certain characteristics of the markets that take place almost all the time, when the indexes are about to approach an intermediate or long-term top or long term bottom. In order of importance, this is what you have to look at to identify market tops. Time Sentiment Market Breadth Price patterns Valuations Time Profiles:… Read More »
This is a real life story of engineer John Roebling building the Brooklyn Bridge in New York, USA back in 1870. The bridge was completed in 1883, after 13 years. In 1883, a creative engineer named John Roebling was inspired by an idea to build a spectacular bridge connecting New York with the Long Island.… Read More »