At the broadest level, trading consists of analyzing, synthesizing, and doing. Analyzing is extracting information from markets, immersing ourselves in data. It is our look through the microscope. Synthesizing is assembling those data into a coherent picture, extracting pattern and meaning from the reams of market information. It is our telescopic view. Doing is taking… Read More »
Developing Self-Discipline is something that you can start doing right NOW. It doesn’t take vigorous special forces training, nor does it require being related to the almighty samurai bloodline. Instead it requires will, devotion and regular action. Start by cultivating a desire. Do that by understanding the incredible benefits of such an achievement. The… Read More »
Intuition – A qualitative virtue recognized by few and held by even less. Our intuition is the byproduct of the analysis performed by our subconscious. It acts much like a muscle and requires exercise to develop and grow. Like a muscle, neglect can cause atrophy. Traders with a strong intuition built on a strong trading strategy… Read More »
Canara Bank Buy above 398.5 Tgt 402,406 and 410 SL 395 Sell below 394 Tgt 391,386 and 380 SL 397 Auro Pharma Buy above 876 Tgt 885,893 and 908 SL 871 Sell below 866 Tgt 860,853 and 843 SL 871 Bharat Forge Buy above 857 Tgt 865,872 and 883 SL 851 Sell below… Read More »
Investing in stock market can be a profitable and enjoyable proposition. It requires a great deal of patience and discipline. Right attitude and having proper tools is a must in the financial markets. Most traders loose because they do not do their homework and they dont plan their trades. They also dont realize that they… Read More »
Markets have consistently experienced “100-year events” every five years. While I spend a significant amount of my time on analytics and collecting fundamental information, at the end of the day, I am a slave to the tape and proud of it. I see the younger generation hampered by the need to understand and rationalize… Read More »
Not putting in stops. The ego doesn’t want to be proven wrong. Hesitating before putting on a trade. The ego wants reassurance before it begins. Overtrading. The ego wants to prove itself big time. Getting stuck in a trade. The ego has intertwined itself with a trade and is holding on for dear life. It… Read More »
HCL Tech 1597 should be watched for HCL Tech by positional traders, Holding the same bounceback can be seen till 1631/1652 odd levels. Intraday Traders can use the below levels Buy above 1614 Tgt 1621,1632 and 1640 SL 1609 Sell below 1605 Tgt 1598,1593 and 1582 SL 1609 Century Textile Positional traders should… Read More »
Most professionals nowadays undergo psychological profile employment tests in order for their prospective employers to assess their qualities as a person and whether or not it would match up to the traits they’re looking for in an employee. Different professionals, like policemen, firemen, and pilots all have their own different set of distinctive and desirable… Read More »
You should keep a trading journal of every trade you make! Backtest every system for at least 1,000 trades! Brush your teeth before bed! All of this is sound advice. However, how many traders actuallyfollow this advice? Do you? I would bet that less then a third of you reading this article keep a trading… Read More »