For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »
Trading is a fascinating job, As a trader there is no need commute to work place, No Boss to Nag you, no project deadline. You are your own master and you decide when to work and when not to. Many people heard stories of traders make million in short frame of time, and get attracted… Read More »
The festival of colours ‘Holi’, is amongst the most popular festivals in the country. On this day, people gather and play with powdered colours; by smearing it on each other, squirt coloured water and toss water balloons diluted with coloured powder. Alongside, people also savour the festive delicacy of Gujiya and Thandai. The festival is… 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 »
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 »
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 »
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 »
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 »
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 »