A big part of trading is a probability game. The market can move any directions and many times against all logic and fundamentals for a period of time.An edge in trading is the ability to have winning probabilities on your side. Most people cannot distinguish between luck and skill when it comes to forecasting the… Read More »
During periods of market uncertainty, like what we are currently experiencing with fears of a Fed rates hike and myriad geopolitical risks appearing on the horizon, it can be helpful (and inspiring) to pay heed to the advice given by investment greats of the years gone by. One such great is Peter Lynch, who ran… Read More »
At the broadest level, trading consists of analyzing, synthesizing, and doing. Analyzing is extracting information from markets, immersing ourselves in data. It is our look through the microscope. Synthesizing is assembling those data into a coherent picture, extracting pattern and meaning from the reams of market information. It is our telescopic view. Doing is taking… Read More »
Developing Self-Discipline is something that you can start doing right NOW. It doesn’t take vigorous special forces training, nor does it require being related to the almighty samurai bloodline. Instead it requires will, devotion and regular action. Start by cultivating a desire. Do that by understanding the incredible benefits of such an achievement. The… Read More »
Intuition – A qualitative virtue recognized by few and held by even less. Our intuition is the byproduct of the analysis performed by our subconscious. It acts much like a muscle and requires exercise to develop and grow. Like a muscle, neglect can cause atrophy. Traders with a strong intuition built on a strong trading strategy… Read More »
Canara Bank Buy above 398.5 Tgt 402,406 and 410 SL 395 Sell below 394 Tgt 391,386 and 380 SL 397 Auro Pharma Buy above 876 Tgt 885,893 and 908 SL 871 Sell below 866 Tgt 860,853 and 843 SL 871 Bharat Forge Buy above 857 Tgt 865,872 and 883 SL 851 Sell below… Read More »
Investing in stock market can be a profitable and enjoyable proposition. It requires a great deal of patience and discipline. Right attitude and having proper tools is a must in the financial markets. Most traders loose because they do not do their homework and they dont plan their trades. They also dont realize that they… Read More »
Markets have consistently experienced “100-year events” every five years. While I spend a significant amount of my time on analytics and collecting fundamental information, at the end of the day, I am a slave to the tape and proud of it. I see the younger generation hampered by the need to understand and rationalize… Read More »
Not putting in stops. The ego doesn’t want to be proven wrong. Hesitating before putting on a trade. The ego wants reassurance before it begins. Overtrading. The ego wants to prove itself big time. Getting stuck in a trade. The ego has intertwined itself with a trade and is holding on for dear life. It… Read More »
In the 1954 work ‘New Blueprints for Gains in Stocks and Grains’ William Dunnigan stated: “We think that “forecasting” should be thought of in the light of measuring the direction of today’s trend and then turning to the Law of Inertia (momentum) for assurance that probabilities favor the continuation of that trend for an unknown… Read More »