Yesterday I gave my analysis on United Spirits, Buy call got stopped out and Sell achieved the target but few traders called me yesterday, “Bramesh Sir, I am still Holding Long in United Spirits as per your analysis, I was bit taken back because we got stopped out in morning trade only and trade was… Read More »
Trading lessons from worlds best traders sharing their experience in one liner. Must read for trading community. On the school of hard knocks: The game taught me the game. And it didn’t spare me rod while teaching. It took me five years to learn to play the game intelligently enough to make big money when… Read More »
Maslow one commented that, when all you have is a hammer, you tend to treat everything as a nail. So it is with psychologists that involve themselves in markets. Lacking an understanding of actual speculative strategies and tactics–not to mention portfolio construction–they reduce performance problems to the lowest, psychological denominator. In so doing, they confuse… Read More »
Many traders have asked me this question, What shall be my Seed capital for trading. Shall this be 50K , 1 Lakh, 10 Lakh etc. Well as a trader you need to take informed decisions before you commit your capital to Mr. market. Its a well known fact many of traders enter market due to… Read More »
“Most people think that they’re playing against the market, but the market doesn’t care. You’re really playing against yourself”. – Marty Schwartz. – I’ve said it before, and I’m going to say it again, because it cannot be overemphasized: the most important change in my trading career occurred when I learned to divorce my ego… Read More »
Remember that becoming a profitable trader is a journey, not just a destination. The perfect trader does not yet exist. Try to become a better trader each day and enjoy the progress you make. Concentrate on learning the craft of technical analysis and on improving your trading skills, rather than focusing solely on the amount… Read More »
CME Gold futures and CME Silver futures had a most volatile move in recent time yesterday. Precious metals were continued with their fall on monday morning but staged a miraculous recovery leaving gold with its best gain since June 2012. Gold which made a low of $1437 make a sharp pullback in evening session and… Read More »
As a trader, if you are carrying overnight position, Are you glued in front of computer screen once trading in India Market is over, continuously tracking financial news around the globe. Do you continuously track European market, US markets. Do you have Eagle Eye on SGX nifty and any move against your position increases your… Read More »
Many traders I have interacted with every first question comes up “Bramesh What is Risk to Reward Ratio your system gives, I ask what is your expectation most of amateur will answer at least 80%.” I just smile and try to explain the why traders looks for such rosy percentage. We just need to understand… Read More »
Its an well known adage in Stock market “90% of trader lose money, 5% are at breakeven and only 5% are highly profitable trader”. So trading seems to be highly profitable profession if you are in top 5% but its a loss making profession for remaing 95%. So let me discuss few characteristic of Bad… Read More »