W D Gann was not only the finest trader of modern age but the work he has done in his life is beyond imagination. That’s the reason finance people call him the Albert Einstein of the financial world. He managed to predict not only the stock market price movements but start and end of the… Read More »
There Was A King. He Was Very Justice-loving And Public And Religious In Nature. He Used To Worship And Remember His Thakur Ji With Great Reverence. One Day Thakur Ji Was Pleased And Appeared To Him And Said – “Rajan, I Am Very Happy With You. Tell Me Do You Have Any Desire?” The King… Read More »
Nickel surged to a record high in one of the most extreme price moves ever seen on the London Metal Exchange, as fears over Russian supplies leave buyers exposed to a historic squeeze. The metal used in stainless steel and lithium-ion batteries rose as much as 90% to $55,000 a metric ton, the highest in… Read More »
Trading does not have social acceptance in India. Even if you run a big trading firm or are a broker, there are people looking for your failures. Do not expect respect even if you are the biggest and successful trader. Remember, you just got lucky. As for being lonely as a trader there are few… Read More »
There was a Peepal tree on the bank of river Ganges. The Ganges coming down from the mountains was flowing with full speed that suddenly two leaves from the tree fell into the river. One leaf fell horizontally and one upright. The one who fell, got stuck, said, “Whatever happens today, I will stay by… Read More »
The main fear in overnight position is the gap openings. See below daily chart of nifty for the past few months. Red bars are the days price moving down and green bars are the days price moving up. Observe the gap openings between the bars. If price gap open against your position you should be… Read More »
I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a diligent person can learn the basics of trading in a couple months. The long answer is that it can take a lifetime… Read More »
As Russia and Ukraine was Boils markets seem panicky. But if history is anything to go by, Wars represent a opportunity rather than a threat for the prepared investor. While we have had thousands of wars over hundreds of years, I have picked the most well known among them for the sake of simplicity as… Read More »
Once upon a time. A Panditji returned to the village after studying the scriptures in Kashi for many years. It became famous in the whole village that he had come educated from Kashi and could solve any puzzle related to religion. Hearing the fame, a farmer came to him and he asked – Pandit ji,… Read More »
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading… Read More »