During my training sessions i would like to ask my students what do you mean by trading? Most of the students will answer trading is all about mathematics and probabilities. Some will say its all about charts, other will say its all about earnings and future prospects of earnings about the particular stocks or Sensex.… Read More »
Infosys Infosys the IT bellwether will be coming with its results tommrow before market opens. Stock has rallied in expectation of good results from series of bad results in past 3 quarters. Technically a symmetrical triangle formation is seen with resistance at 2380 and support at 2323. Buy above 2346 Tgt 2367,2380 and 2410 Sell… Read More »
Learn to Lose Money to Make Money Unfortunately, it is the sad reality that the majority of people reading this are not profitable traders. If I could single out the most common culprit for sabotaging your trading it would have to be not being able to take a loss. This is especially prevalent amongst new… Read More »
PFC PFC is near its supply zone of 213-215 range. Negative divergence has shown in indicators.Close below 209 which is rising trendline support will confirm the reversal. Buy above 212 Tgt 213,213.9 and 215 Sell below 208.7 Tgt 207 and 205 BHEL BHEL is near its long term trendline resistance of 244. Stock is… Read More »
Lets try to correlate Stock market with one of the famous childhood story of SIX Blind men and Elephant, Story goes something like this Once upon a time, there were Six blind man. Once They heard someone talking about elephant which make then curious what exactly is an Elephant. To satiate themselves they took a… Read More »
Different shapes and forms. Failure comes in all different shapes and forms. The distance you fall after a failure, time it took to get to the failure,and whether you get back up determines that shape and form. I realize there are a million posts on why failure is important but success is important, especially in trading.… Read More »
1. OPTIMISM – It all starts with a hunch or a positive outlook leading us to buy a stock. 2. EXCITEMENT – Things start moving our way and we get giddy inside. We start to anticipate and hope that a possible success story is in the making. 3. THRILL – The market continues to be favorable and we… Read More »
With the advent of 2013 we all make resolution so lets discuses Trader’s Resolutions for 2013 Trader should DARE the Mr Market for 2013. Let me explain it in more details: Discipline Analyze Risk Education Discipline We all need to be disciplined along with using good money and risk management skills, yet too much… Read More »
2012 will be an History after 11 Hours. As a Stock market trader we need to evolve as per market dynamics and be prepared to hit your goals. Traders should do brain storming and self evaluation to highlight the mistake which can ruin their trading account if not contained.Below are few mistakes traders should avoid… Read More »
This kind of get-rich-quick thinking is hard to shake, and it keeps many traders from reaching their full potential. The Danger of Gambling Psychology in Trading If you trade like a gambler, you’re bound to lose money. You’ll make bad trades. You’ll throw good money after bad. And eventually, you’ll find yourself wondering where all… Read More »