1. Ask yourself do you really want to take trading as a profession or You want to do trading as its the easiest way to make money ? Before you can develop persistence and eventually achieve success in the tough trading game, you need to first identify if this is truly what you want to… Read More »
1. FIIs sold 9586 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 312.98 cores with net Open Interest increasing by 24218 contracts. 2. As CNX Nifty Future was up by 53 points with Open Interest in Index Futures increasing by 24218 so FIIs created fresh long in Nifty and Bank Nifty.… Read More »
Interesting Study by TOI:Indian Retail Investor/trader lost 84000 cores in 18 month period. Thats a Huge sum of money lost by retail traders, so what exactly lead to trading failure of retail traders in Stock market.The difference between success and failure for a trader is wafer thin, Lets elaborate with an example Amateur retail traders… Read More »
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 »