Commodities mainly gold and silver has seen a viscous fall in last 2 days, Buy on Dips Theory have suddenly vanished and many traders are having huge MTM after getting stuck with longs at higher levels. Today Article we will discuss how can a trader effectively manage a Commodity trading account. During our childhood we… Read More »
I always suggests trader to create a trading plan before markets opens and strictly execute the trades as per the plan. Its a well know adage Plan the trade and Trade the plan.Most of traders trade impulsively in trading,without any plan, they go as per there intuition and end result is losses. I have written… Read More »
New Financial Year is starting and many traders will start trading in new trading account. Hera are some important aspects traders should keep in mind so as to aviod trading account blow off and quickly closing the account. Trading in new trading account is always difficult, Its similar like a Buying Your DREAM car and… Read More »
Lets illustrate the trading emotion using an Intraday Trades,similar emotions can occur over Swing trades and positional trades ranging for weeks or even months. 9:15 AM: You watch as the market opens. You are looking for a good buy entry point into Reliance Infra@330 based on your analysis you think that Reliance Infra has bottomed out… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 10 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared… Read More »
A random person is pulled off the street and given 100,000 to trade. They have no prior experience which, on the bright side, means they have no bad habits, emotional baggage, or preconceived notions. Before trading they go through a five day crash course on market basics (order entry process, chart reading, pattern recognition, etc…). … Read More »
Go through the below Points and Decides Which side you are on ? Losers don’t set stop loss order expecting to be faster then the market in case of reversal; winners know that any time news can make the price reacts suddenly. Therefore use protective stop loss in case of news release. This one… Read More »
What a week this one was. Wild, sharp, quick, and volatile moves. If you held a position more than 5 minutes the odds are that you felt some pain financially or emotionally. Big winners turned into small winners and small winners turned into big losers in the time it took for a restroom break. Markets… Read More »
It is clear that Technical Analysis has worked in the past and continues to work for many successful traders and investors today. But what are the common aspects that are being were used by these successful market technicians? Unfortunately due to the extreme secrecy surrounding nearly all of these traders, the specific methods that they… Read More »