Never, NEVER cancel a stop loss. I know, I know, every time you have a stop loss in the market, the market moves just enough to stop you out, right? Well it might mean that you should evaluate where you place your stops (this is where good trading journals come in handy), but once you’ve… Read More »
Keeping a trading journal with all your trades is good but at the end of day numbers are just gonna be numbers and they don’t really tell the whole story. If you’ve already caught yourself thinking that you’re doing “something” wrong over and over again but you don’t know what it is, maybe it’s time… Read More »
The last week in Stock Market has been a roller coaster ride which would have stressed traders a lot. Professional traders know what havoc can trading stress create in both professional and personal life, so trading stress needs to be controlled. Lets discuss few steps which will help in stress mitigation. Controlling trader stress requires… Read More »
Intraday trading should be done without any ego.One should follow the trading system to make decisions and not anticipate the market to perform as per personal expectations.Market does not listen to anyone its a WILD ELEPHANT. Flexibility and discipline are key for a successful trader.Be flexible in changing position and discipline in taking profits… Read More »
There’s an interesting thing that happens in our lives when we decide on goals. We feel crisper and sharper. Our senses are honed. We begin to measure the world by a different barometer. Most of us are accustomed to mundane goals and how to measure them: Lose weight; get on a scale. Save for a… Read More »
You might have heard the saying “The Trend Is Your Friend” and that you should “Trade The Trend.” But sometimes this is easier said than done. In this article I will show you an easy easy to identify and trade the trend. How To Identify A Trend Way back in the 90s I used fundamental… Read More »
You offer your broker a car each morning so he doesn’t need to take the Mumbai local to get to the terminal by 9.15 am. The pink papers are the first to disappear from your lap when you fall asleep on a flight. Every third executive works through the day with the Moneycontrol site minimized… Read More »
When you listen to traders talking they throw around technical terms and sound really smart: VIX, implied volatility, DJIA Fractal match, XLV Call Ratio Spread, Adverse Excursion, intermarket analysis, Asset Swapped Convertible Option Transaction, Risk-Adjusted Return On Capital… But when it comes to actual trading, traders don’t walk their talk. Even worse, it seems that… Read More »
It does not matter whether you are reading sophisticated trading books or just browse around online trading forums, almost every trader seems to be aware of the fact that psychology has a big impact on trading performance. However, the way emotions affect trading decisions are very complex and not that obvious at the first glance.… Read More »
Bull Ratio Spread: The Bull Ratio Spread could be called as a variation of the Bull Call Spread. Here we expect the stock 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… Read More »