Lets illustrate the trading emotion using an Intraday Trades,similar emotions can occur over Swing trades and positional trades ranging for weeks or even months. 9:15 AM: You watch as the market opens. You are looking for a good buy entry point into Reliance Infra@330 based on your analysis you think that Reliance Infra has bottomed out… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 10 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared… Read More »
Tata Motors Tata Motors after making the swing high of 311 has been falling like 9 pins with rest of the market. Stock broke it all important support of 280 and is now near its important support of 200 DMA, which stock has been defending from past 3 trading sessions.Holding the same pullback can be… Read More »
A random person is pulled off the street and given 100,000 to trade. They have no prior experience which, on the bright side, means they have no bad habits, emotional baggage, or preconceived notions. Before trading they go through a five day crash course on market basics (order entry process, chart reading, pattern recognition, etc…). … Read More »
Go through the below Points and Decides Which side you are on ? Losers don’t set stop loss order expecting to be faster then the market in case of reversal; winners know that any time news can make the price reacts suddenly. Therefore use protective stop loss in case of news release. This one… Read More »
IDFC IDFC has taken support at its medium term trendline and has given a strong pullback in a weak market.As per Gator oscillator, Green Bar is formed which signify Alligator has woken up and is ready to eat, Stock will continue its pullback once it closes above 145.5 Buy above 144.2 Tgt 145.2,147 and 148.4… Read More »
In Continuation with Last week article of Trading Stocks with Symmetrical Triangle’s Chart Pattern and How to trade Ascending Triangle Chart Pattern lets discuss another triangle pattern Descending Triangle Pattern Descending Triangle: This pattern comprises of 2 trendline, one drawn horizontally to mark the support, second trendline is downward sloping trendline formed by joining the… Read More »
What a week this one was. Wild, sharp, quick, and volatile moves. If you held a position more than 5 minutes the odds are that you felt some pain financially or emotionally. Big winners turned into small winners and small winners turned into big losers in the time it took for a restroom break. Markets… Read More »
It is clear that Technical Analysis has worked in the past and continues to work for many successful traders and investors today. But what are the common aspects that are being were used by these successful market technicians? Unfortunately due to the extreme secrecy surrounding nearly all of these traders, the specific methods that they… Read More »