Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers have shared through interviews and books that may help traders who are making mental mistakes in their trading. Psychological Traits of the Forex/Commodity /Stocks Trader, All have the below points in common. Try… Read More »
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/.Will update May Series calls performance today evening. Maruti Maruti has been on magnificent run as… Read More »
Many readers have asked me the following question: “what we are watching and what we are doing is totally opposite ?” “What we would like to act and trade and we do something reverse than that as soon as we see the trading terminal! ” “I do plan ,than trade but anyhow it goes unfollowed… Read More »
I was very happy to discover that the Forbes Rich List was scattered with investors and hedge fund managers who have profited handsomely despite giving fundamentals a back seat. Here are my favourites from the 2012 list: 2012 Forbes – #82 James Simons – 11.0 Billion Sometimes referred to as the “Quant King” he is also a… Read More »
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/. HDFC HDFC has seen a fast rise today during last 30 mins of trade, Stock… Read More »
Marty Schwartz Originally a stock analyst but got sick of having to write bullish investment advice on overpriced companies. He developed and combined several technical indicators in an effort to determine lower risk entry points for his trades. Schwartz found success when he shifted to technical analysis and focused on mathematical probabilities. He ran his… Read More »
HDIL HDIL after forming base formation gave a rise today backed by volumes, Stock took resistance at its 50 DMA and pulled back.Able to cross 59.5 tomorrow can see the pullback rally to continue else will fall back to 50 odd levels. Buy above 56.3 Tgt 57.6,59 and 60.2 SL 55.2 Sell below 55 Tgt… Read More »
Amateur trader are the ones who enter market to make money quickly and in turn lose most of their trading capital come back again with trading capital go bust again and cycle keeps on repeating for 3-4 years and eventually they quit market thinking its all manipulation which goes on. Amateur trader blames market for… Read More »
HUL HUL is trading near a crucial resistance of 100 DMA, which stock is unable to cross from past 3.5 months, Unable to cross this time pullback can be seen in extremely short term. Buy above 491 Tgt 493,496 and 505 SL 486 Sell below 482 Tgt 480,477 and 474 SL 484 Asian Paints… Read More »
Some describe trading as purely based on “LUCK” , “Tukka marna” as we call it in Hindi, but from my perceptive trading is all about “Skills” . Skills take time to develop. Take an Example of Engineer, To get an Engineering degree a student has to study for 6 years ( 2 Years for entrance… Read More »