Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader. PTC PTC is showing very bullish sign as it took support at 71.5 which is support of rising trend line.… Read More »
Remember, Trader is a Chowkidaar. He is paid to watch and not think. So, don’t apply your brains when you are not supposed to. Trade what you see and not what you think. Always approach market with open and opportunistic mindset. Remember, the disbelief comes from thinking. Please try to see the market as it… Read More »
As a trader, keep your focus on what market is doing and not on what market should be doing. Lots of times, we miss a great opportunity because we are so caged in our thinking that we dismiss real moves. Reliance Capital Rel Capital being a High Beta stock was on a rise from 380… Read More »
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” IDFC IDFC… Read More »
The purpose of trading is to make money. Every action should bend to that goal. That does not mean every trade makes money. It means every trade gets to closer. If you are looking for comfort, get a teddy bear. If you are looking to be right, play trivial pursuit. If you want excitement, drive… Read More »
When an amateur financial market participants are made reference to word Day Trading eyes glistens with dreams of making millions in quick time. So does Really Day trading is so simple. As you have to keep sitting in front of your screen buying and selling stocks and make huge profits. So How much do day… Read More »
Think back to a time when you had a losing trade, or made an error withyour trade execution, or had a bad trading day. Who was responsible for the result that you got? The market? The Trading Guru You Follow? Your Friend whose analysis went wrong The trading platform you were using? The… Read More »