Lupin Lupin is near the Fibo fan bottom , Holding 843 and closing above 851 short term target for stock comes at 868 and 898. Buy above 851 Tgt 856,862 and 868 SL 845 Sell below 839 Tgt 833,826 and 817 SL 845 TCS TCS is near an important gann number of… Read More »
Carl Icahn Net worth: $20 billion At 77, Icahn enjoyed another strong run in 2012, beating the U.S. stock market and most hedge fund managers. The investment pool he manages for himself and his employees returned more than 20% in 2012, thanks to bets on Hain Celestial Group and CVR Energy. Icahn, who was born… Read More »
Fear, hope and greed are probably the three most common emotions traders deal with. Holding on to losers, exiting too early, or jumping in before confirmation are just a few examples of the things we do when emotion manages our trades for us. Trading without well-defined boundaries can be tempting, especially when things like intuition… Read More »
All traders should have a good trading plan. One of the worst bad habits a trader can have is trading impulsively and without any guidelines. Traders who take the time to make a trading plan are much more likely to succeed, but even with a plan in place we can develop bad habits. A trader… 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 »
This is an Interesting information for all the Die Hard Bulls and Bears. Looking at Fed Yellen Testament yesterday it seems to be true. There has been a lot of concern that US stocks have gone too far lately without a 10% correction. The fear is that, if the market goes on too long… Read More »
As its a long weekend, market has been Topsy turfy in past 4 trading session, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he transformed himself in a profitable trader.The same story repeats with many traders and hope the example… Read More »
Have you ever been stuck in a rut? All you can think about is how behind you are and how hard it will be to come back: “I haven’t made enough winning trades. What am I going to do? I’ll never make it back.” It’s natural to panic a little when you’re first starting out… Read More »
One of the good guys (for me, at least) has always been Jesse L. Livermore. He’s considered by many of today’s top Wall Street traders to be the greatest trader who ever lived. Leaving home at age 14 with no more than five bucks in his pocket, Livermore went on to earn millions on Wall… Read More »
Trading System They trade a robust system or method that wins more money over time than it loses. Their system gives them a reward to risk ratio that is in their favor. Their system or method is proven to work with a live trading record over many markets and trades or has historical back testing. Trading with… Read More »