As a sportsman(So too as a trader), you’ve got to realize that it’s not the end of the world if you lose one game or more..You should get down to basics and play every point on its merit. The moment you sit down to differentiate the first point from the last, emotions take over. Now,… Read More »
The Indian government has announced that it would borrow an additional Rs 53000 Cores from the market. This would take the total government borrowing for the fiscal year higher by almost 13% from the budgeted Rs 4.17 trillion to Rs 4.7 trillion. If you think Interest rates are Peaked out the above news give more… Read More »
Every trader need to Identifying his Strengths and Weaknesses Trading requires as much honesty as is objectively possible. To be able to go over each trade and determine what you did right and what you did wrong requires putting ego aside for the benefit of becoming a better trader. You have to be able to… Read More »
Trading psychology contributes about 60% to success and position sizing contributes another 30%. Furthermore, most traders ignore the first two areas and don’t really have a trading system. That’s why 90% of them fail. First, I would argue that trading psychology accounts for 100% of success. Why? This conclusion is based on two findings. First,… Read More »
Bears Ruling Dalal Street with Nifty crashing to the most talked and Sacrosanct Level of 4800. I have came across many traders who have lost a fortune while trading and few people who made a fortune. Trading is a profession in which you require a Army like discipline and a peaceful mind with temperament. 90%… Read More »
As mentioned in Earlier Article, trading is not about the big winners but the small consistent winners that add up over time to become very impressive annualized returns. For example, if you use a strategy that produces a 10% monthly net return, that translates into an annual return of 120%!.Means Doubling your money in… Read More »
Nifty Weekly Chart Nifty Weekly Chart shows the breach of the bullish channel we were trading in from past 1-1.5 years and it has been breached for some 2 times before but after a quick whipsaw was back in channel again.Will it be 3 time lucky? VIX Chart VIX the fear factor is on its… Read More »
By JOE NOCERA For some months now, Jeremy Grantham, a respected market strategist with GMO, an institutional asset management company, has been railing about — of all things — the efficient market hypothesis. You know what the efficient market hypothesis is, don’t you? It’s a theory that grew out of the University of Chicago’s finance… Read More »
Article from “Trading in the zone” by Mark Douglas If technical analysis works so well, why would more and more of the trading community shift their focus from technical analysis of the market to mental analysis of themselves, meaning their own individual trading psychology? The most likely reason is that you’re dissatisfied with the difference… Read More »
Following 10 Trading Rules can be used for Trading Future,Margin Trading and Trading using Technical s. 1. Map the Trends Study long-term charts. Begin a chart analysis with monthly and weekly charts spanning several years. A larger scale map of the market provides more visibility and a better long-term perspective on a market. Once the… Read More »