Many traders think money can always be made on long side but with this ever changing financial market dynamics money can be made in everyone of market irrespective of Long trade or short trade. When it comes to shorting stock or Index futures , many people are in the dark. It is more challenging to… Read More »
I keep reading through Trading For Living one of the best book ever written, This time i have complied quotes for the benefit of my readers. “The market does not know you exist. You can do nothing to influence it. You can only control your behavior.” “The ocean does not care about… Read More »
I’ve heard from many traders that they often take decisions based on instincts. Actually, all non-quants use intuition in some form or another. If you are not using a program that takes all signals that your system produces, how do you decide between several equally good looking trading setups with similar risk to reward? Do… Read More »
The Bull Ratio Spread could be called as a variation of the Bull Call Spread. Here we expect the stock/commodity/forex to move sideways to slightly higher. The Position is created by purchasing a call (preferably At-the-money or slightly Out-of-the-money) and selling more than one calls at a higher strike price in a ratio of 1:2… Read More »
HUL HUL we have covered 2 weeks before the results came and clearly indicated below 100 DMA stock will continue its fall till 470. Stock achieved target yesterday. Drawing Fibo Fans it seems stock has formed short term bottom if 462 is not broken on weekly closing basis. Buy above 484 Tgt 489,495 and 500… Read More »
Many traders who trade in Forex,Gold and Crude can use Broco Software trading platform to get these charts free. Broco is providing a demo trading account software for Forex, World Indices and commodities, Stocks. How to access and use the Utility Download Broco Software By Clicking on the Link. Register for the Demo… Read More »
“Two of the cardinal sins of trading—giving losses too much rope and taking profits prematurely—are both attempts to make current positions more likely to succeed, to the severe detriment of long-term performance.” -William Eckhardt PFC PFC has been trading in a range from 202-213 from past 4 weeks. Stock is trading at upper band of… Read More »
To taste success in trading whether you are a Stock, Bonds, Forex or commodity trader professionalism will keep you one step ahead from rest of the trading crowd. So with the below points try to analyses whether you are taking your trading as a professional or still as an amateur who keep on losing money.… Read More »
KTK Bank KTK has been consolidating 170-186 after steep rise. Stock has trendline resistance at 176-178. Buy above 178 Tgt 181,183 and 186 Sell below 172.5 Tgt 170,168 and 166 JSW Steel JSW Steel has been trading in a proper channel and is now on upper end of channel.Unable to cross 865-866 range stock… Read More »
Nifty has been trading in a tight range from whole of December onwards. It moves for 3-4 days than keep trading in a tight range.Trending markets are very easy to make money provided you are on right side of trend,difficulty comes in sideways market. Traders buy in anticipation of a trend and when market does… Read More »