Keeping risk-taking down until you see markets clearly– Losing small and gaining big is what makes for excellent risk-adjusted returns. Accepting that you’re not seeing things well is half the battle. By continuing to actively engage markets in small size, you give yourself an opportunity to regain perspective. Trading larger or more often out… Read More »
KTK Bank Close above 145 stock is heading towards 152 and 157 Buy above 145 Tgt 146.4,148 and 151 SL 144 Sell below 143 Tgt 141.5,139 and 137 SL 144 Asian Paint Any close above 555 stock is heading towards 576 and 589 Buy above 550 Tgt 555,562 and 570 SL 546 Sell below… Read More »
Recently During my training session trader asked me the following question: How to cope and manage the stress that comes with trading. I have been able to cope with the stress for a while now, but in times of market volatility I have more trouble with dealing with stress and it spilling over into… Read More »
1. Traders must be great risk managers. “At the end of the day, the most important thing is how good are you at risk control.” -Paul Tudor Jones 2. Traders must manage their own stress. Trade position sizes that keep your stress level manageable, if you can’t talk calmly to someone while trading you are… Read More »
Just Dial Any close above 1220 stock is heading towards 1300 and 1364 Buy above 1220 Tgt 1250,1272 and 1300 SL 1210 Sell below 1205 Tgt 1185,1150 and 1125 SL 1215 Rcom Buy above 137.3 Tgt 138.3,141 and 144 SL 135.5 Sell below 134 Tgt 132,130 and 128 SL 135.5 Tata Global Buy… Read More »
Last Week we gave Chopad level of 6873, Nifty did all 7 target on upside giving 633 points to trend follower .Lets analyze how to trade Nifty before the Lok Sabha election results. Nifty Hourly Chart Nifty Hourly charts are trading in expanding triangle range, spurt up and than cool off and finally closing… Read More »
Raju couldn’t believe what was happening. Actually, the trade began on a positive note, as per his analysis. He had seen what he thought was a price pattern; an ascending triangle, which looked to hit the top of the resistance line several times and the bottom trend line was about to touch. He heard herself… Read More »
Every day money flow from trader to trader, from market to market. Many traders are just happy to dip their bucket in and take a share each day for themselves. But where does the money flow? Every day options lose time value, options sellers blow up, shorts cover for a loss, trends take place, people… Read More »
Rules that I can live by: my rules have to be rules that I stand a good chance of keeping, not the kind that I will follow for one day and then give up the next. I’m not the kind of trader that can follow rules mechanically, like if x happens 3 times then do… Read More »
1). Preparation Once you get your trading system and position size in place you must use the amount you will risk on each trade to determine your risk of ruin. If your risk of ruin is not zero then you will eventually blow out your account. Risking 1% to 2% of your capital in any… Read More »