To be a successful trader, a person needs to face up to the below mentioned psychological obstacles and master his own mind. Without resolving these issues success in trading is inevitable. 1 Greed, the urge to make as much money as possible, and fear that he will lose it all. 2 Low confidence in himself or… Read More »
Movements in equity prices are driven by many factors, such as the economy, government policy, earnings, interest rates and valuation. But we think tactical moves (<3 months) are often better explained by sentiment, positioning and technical. While macro, policy and valuations matter, sentiment has worked well in recent years as a contrarian tool to identify… Read More »
Many traders whom i have interacted during my trading course sessions and in other forums have no idea about the returns they expect out of market. Having an expectation will help you in trading as you have some goals to achieve and you will work to reach them. If one goes for Fixed deposit you… Read More »
Sun Pharma Sun Pharma has been rising, once the company decided not to buy TARO. Stock has ben respecting its long term trendline rising steadily.Sun Pharma is forming an Inverse Head and Shoulder pattern with neckline at 776. Pattern gets active above 776 only and target comes around 850. Buy above 776 Tgt 782,791 and… Read More »
Hope in reality is the worst of all evils because it prolongs the torments of man…Friedrich Nietzsche Take an old pair of jeans and cut a hole in one of the pockets. Now, start pouring sand into that pocket. What happens? Sand runs down your leg and to the ground. What do you do? Keep… Read More »
Human Emotions plays vital role in trading success and failure. Emotional trader can never be able to trade profitably as An emotional trader is likely to act impulsively and make trading errors. Emotions of Greed can come when you are in good profits instead of booking you get overpowered by your emotion and move away… Read More »
SBI SBI has been falling relentlessly from 2535 till 2276, As discussed on 29 Jan unable to cross 2550 SBI can start short term decline, Stock took support at 2420 levels for 3 days as soon as closed below 2420 downside breakout happened with a quick decline till 2276. SBI is now at important support… Read More »
During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
by Van K. Tharp, Ph.D. One of the best article read in recent times, sharing with the readers. In my work with traders and investors I believe the most significant work that anyone can do to increase market returns is self work. Really understanding yourself and how you think can give you an edge that… Read More »
Its Febuary and People will be rushing to Buy Mutual Funds so as to save Rs 1 Lakh, Please go through the tricks the MF sellers might use to lure you. Consider fund ‘X’, which was one of the worst-performing funds from the markets’ January 2008 peak to their March 2009 bottom. During this period,… Read More »