Source Paul Tudor Jones II: “The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. … If they are going against me, then I have a game plan… Read More »
Lets discuss the last 3 days price action in Nifty. Nifty closed below 8577 on Friday, You went short hoping to make a 100 points. Monday market continue to trade below 8577 but suddenly reversal come and it start trading above 8577. You have decided if it close above 8577 for 1 hour i will… Read More »
Losing Streak/Trading Slump are inevitable in trading.A losing streak can be a sustained draw down in capital, where loses occur day after day, or a losing streak can even be a period of low returns where you are just doing breakeven. As market are dynamic in nature and a change in trend of market which… Read More »
1. Expect the Unexpected 24 Aug 2015 just 1 year before, Nifty saw the highest fall closing down by 491 point and well below 8000. And Now we are trading close to 52 week high and around 6% down from Life high of 9119 . This August 2015 we have not even moved 1% from… Read More »
Whether we admit it or not, many of us are lured into the world of trading because of the potential to make big money. There are instances when traders are just in it to make profit at any cost , They do not concentrate on learning the process,mastering your trading skills. If you are trading everyday… Read More »
TVS Motor Positional Traders can use the below mentioned levels Close above 315 Tgt 322/333/340 Intraday Traders can use the below mentioned levels Buy above 315 Tgt 318,321 and 323 SL 313 Sell below 311 Tgt 309,306 and 303 SL 313 Dabur Positional Traders can use the below mentioned levels Close above 306… Read More »
Nifty did a one way ride last 6 months from low of 6825 till recent high of 8723. One of the most spectacular rally seen in recent time. These kinds of rallies (2006/2007/2014) and falls have been coming and will be coming for next many many years. But important thing is were you part of… Read More »
Common Reason for Losing money by most of traders is , We make money is 3-4 trades but lose it all in next 1-2 trades. Trying to be in trade all the time is one of the main reason of not being a profitable trader. Most of the trades want to take part in all… Read More »
W D Gann laid very fundamental strong set of rules for trading in any markets. Though these rules were written in 1930s and the markets were much different and those time, however these rules are still valid and applicable and traders who can follow these rules may ensure a successful trading career. Many legendry traders… Read More »
In Continuation with Previous Article Why Traders lose money Part-I Not Cutting Losing Position One of the things that really separates professional traders from amateur is when to exit the position. Rather than “hold and hope”, disciplined traders will take the loss and get out asap. Professional traders do not chase trade but learn from… Read More »