I simply cut my losses and by doing so kept them small. I’ve had my share of bad decisions in my trading career and keeping losses small in order to avoid huge losses is the toughest part. Why is that so? From a psychological point of view nobody wants to sell at a loss as… Read More »
Site has been hacked and attacked by malicious code by hackers and to increase the security of site i need to revert back to previous theme as its more secure and safe,taking opinions of Cyber experts on this matter. If any of readers have any information/knowledge on iframe malicious code hacking attack please contanct… Read More »
Bank Nifty Bank Nifty is near its crucial support of 9000 which comes as an trendline support break of the same will lead to 8774 levels again and break of swing low of 8626. Buy above 9152 Tgt 9242,9320 and 9398 Sell below 9062 Tgt 9000,8906 and 8818 Infosys Infosys is forming a lower… Read More »
“I know it may sound strange to many readers, but there is an inverse relationship between analysis and trading results. More analysis or being able to make distinctions in the market’s behavior will not produce better trading results. There are many traders who find themselves caught in this exasperating loop, thinking that more or better… Read More »
A common phase for newer or struggling traders is to become fixated on a particular view, possibly becoming a little too rigid in their approach. I’m not advocating a wishy-washy approach here, just pointing out that the market itself is not moved by precision and logic, but by perception and emotion. Successful discretionary trading requires… Read More »
Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. – ALEXANDER ELDER SBI SBI is coming… Read More »
Overtrading There are stock traders who make 150 or more trades in a single day. I am not sure they make a lot of money. I firmly believe that you can make more money by making fewer trades because it will make you focus on only the best of opportunities, and play them with a… Read More »
What drives stock prices are human reactions. Ironically, the key to successful speculation is to remove our decisions from our emotions. “Without control over your emotions, there is very little chance for profitable success in the stock market.” Larsen and Tubro LT is trading in the range of 1429-1267. Stock looks week technically but value… Read More »
Greece is back in Lime Light again with the surprise annoucment by its PM PAPANDREOU GREEKS TO VOTE ON EURO MEMBERSHIP IN REFERENDUM: PAPANDREOU. Why is this so market un-nerving news reason Being PM has asked the Greeks to vote for the the austerity measures his government has taken and Do GREEKS LIKE it or… Read More »
Winning disrupts the trader’s emotions as much as losing – We are disrupted when we experience events outside our expectation. The method that is 60% accurate will experience four consecutive winners about 13% of the time. Traders are just as susceptible to overconfidence during profitable runs as underconfidence during strings of losers. Tata Sponge… Read More »