One of the most important things that people don’t handle is their Emotional Risk. When emotions run high, the quality of decisions goes down. It is very important to learn how to react to your emotions and thus increase your profits. Bank Nifty Bank Nifty show a decent pullback yesterday in late afternoon session but… Read More »
Below is my Interpretation of FII OI data Sheet for 11-Apr-12. Our heartfelt sympathy to People affected by Earthquake. Our prayers and thoughts are with everyone who has been affected by the dreadful disaster. 1. FII sold 12623 Contracts of NF worth 311 cores OI also increased by 14525. 2. As Nifty Futures was down … Read More »
In any particular trade you never really know how far prices will travel from any given point. If you never really know where the market may stop, it is very easy to believe there are no limits to how much you can make on any given trade. From a psychological perspective this characteristic will allow… Read More »
The losing traders have unrealistic expectations about the kind of profits they can make, typically shooting too high. They also debate with themselves before taking a trade, and even dwell on a trade well after it’s closed out. But the one big thing Williams noticed about this group was that they paid little attention to… Read More »
When you put too much of your ego on the line with your money, you may feel great when you win, but on the other hand, you may feel discouraged when you lose. When you allow your ego to enter your trading, you put subtle pressure on yourself to succeed. This added pressure could compel… Read More »
Feelings naturally appear during trading. The feelings we don’t like seem to have roots deep in our unresolved issues. Somehow they get stuck and do not finish passing through, and can cloud the judgment and interfere with trading. The feelings we do like seem to pass through quickly without much trace. I suggest getting to… Read More »
It’s important to have a plan, remain disciplined in executing that plan, and pay attention to what is actually happening rather than what you expect to happen. We try to be as objective as possible in our analyses… It’s not always easy for people who are involved every day to stay with a plan when… Read More »
Axis Bank Axis has formed a DOJI pattern with a close below 20EMA. Supply is coming from upper trendline. Sell below 1144 Tgt 1132,1120 and 1108 Buy above 1174 Tgt 1190,1210 and 1220 Bank Nifty Taking Support at trendline as shown in above chart.Break and close below 10160 will add to short term bearishness.… Read More »
When a position is getting ready to stop you out at a loss, do you find yourself bargaining with the name? Do you find your frustration level rising? Do you justify the reason for the move against you, and give it a little more room, only to get stopped out at a bigger loss? Or… Read More »
Below is my Interpretation of FII OI data Sheet for 27-Feb-12. Today was the day many bears might have rejoiced if they are still holding the shorts 😉 It was a relentless fall in recent times with no pullback coming,Another thing to note is correction always come point to point which basically traps a… Read More »