Monday, March 28, 2011

SIZZLING MONDAY....?








 FROM AN EXPERIENCE

Much like patience, the successful trader exhibits a simple, unexcitable mood in the face of a market that is in a constant state of flux.  There is no way you can have emotionless trading.  It is impossible unless you turn into a robot.  What is possible is to bring your emotions under control.  While others panic, cry, throw temper tantrums (and their computer monitors), doubt their trading edge, etc.  you remain calm in the knowledge of your simple rules based methodology.  You know when to enter battle, you know how long you can stay in battle, how many resources you can commit to battle ($), and when to exit the battlefield.

When the trader combines all of these he or she possesses coup d’oeil and with a clear mind be able to assess the battlefield and form an overall vision, possess a high tolerance for uncertainty knowing anything can happen once battle begins, and then have the ability to reverse course or exit the battlefield if conditions change.
An inner dialogue typically reinforces the way you think. 
So the goal is to consciously expose yourself to thoughts 
that ultimately will positively impact your trading. 
Through the use of repetition you can considerably 
strengthen a positive attitude and sound trading behavior. 
The beauty of it is the simplicity of the method.
It’s entirely up to you which trading mantras you want 
to adhere to. Here are a few that I strongly believe in and 
that characterize my thinking as a trader:
  • Kill your greed
  • Isolate yourself from the opinions of others
  • Never chase stocks
  • Always strive for emotional detachment
  • Focus on proper execution
  • There is never a shortage of opportunities
  • Never make excuses
  • Stay in control
  • Don’t compare yourself to others
  • Always use stop losses
  • Standing aside is a position
  • Money comes in bunches
  • Never add to a losing position
  • Stay calm and focused
  • Don’t believe the hype
  • Cultivate independent thinking
  • Be ready for worst case scenarios
  • Nosce te ipsum - Know thyself 

"I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up. I don’t mean of course that in a bear market caused by a war, ammunition shares do not go up. I speak in a general sense. But the average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think. It is too much bother to have to count the money that he picks up from the ground." —- REMINISCENCES OF A STOCK OPERATOR by Edwin LeFevre
                                                                                                              (to be contd)





TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – MARCH 28

If trades below 5678 for 15 minutes
watch a sure slide upto
5647-41
As a down side target maximum slide
is possible upto 5632-19-5605  
if 5627 breaks
with good volume today
On the other hand if sustains above
5679 for 15 minutes
a sure hike upto 5713-20-37
is very much possible




LONG TERM VIEW: BULLISH  BULLISH  BULLISH
THIS IS AN APPROPRIATE TIME FOR 
THE LONG TERM INVESTORS
TO INVEST IN MARKET



AN OPEN CHALLENGE
We Predict the downside of  NIFTY last year at the end
of August exactly as you all know very very early
Pls Refresh your thoughts or browse older posts.. 


NOW MARK IT GUYS....
"INDEX NIFTY SURELY GOING TO 
CREATE A NEW RECORD
BREAKING 6357 (All Time High) 
WITHIN 2011 PROBABLY."

WE ASSURE
NOBODY IN INDIA
PREDICT SO EARLY AS WE PREDICT





BANK NIFTY

Buy btwn  11495-509        
T1 – 11556-81              
T2 – 11596-605  
T3 – 11636

Sell btwn 11365-51           
T1 – 11303-279                                   
T2 – 11264-54  
T3 – 11225





SHARE TIPS TODAY (MARCH 28)      

1) Sell  GAIL  @  457.90
    Target  – 453.90




Disclosure:
1. Stoploss levels, reverse trades are 
exclusively to the subscribers.
2. Solely I have all the rights to stop this free tips
at any moment.
Subscribe as soon as possible and earn more.
Join hands with us and enjoy pals.




 (Refer to ‘OUR POLICIES’ in blog archives
if you have any queries)

For further details,
Contact Admin (Analyst) @
(0)9788563656






INDO-PAK SEMI FINAL: AD Rates 15L – 18L per 10 sec
With India set to battle arch rivals Pakistan in the cricket
World Cup semi-finals, official broadcaster ESPN STAR
Sports (ESS) is understood to have increased 
advertising rates five-fold for the match 
to be played the coming Wednesday.
Ticket prices have shot up 
10-fold in the grey market and hotels are full, 
with a surge in demand at the venue, Mohali, 
close to Chandigarh.

According to media buyers, ESS is charging between
Rs 15 lakhto Rs 18 lakh for a 10-second ad slot during
the match, five to six times higher than what the official 
broadcaster charged 
last-minute advertisers during the league
and quarter-final matches.

A senior executive at a media buying firm said, “The ad rates
being quoted for the India-Pakistan match are the highest charged 
so far for any sporting event in the country. The rates are over 
25 per cent higher than that charged for the India-Australia 
match played yesterday.” The broadcaster had nearly quadrupled 
the spot ad rates for the crucial India–Australia match yesterday.
A 10-second ad spot on the channel was sold at Rs 12 lakh.

 Advertisers paid Rs 3.5-4 lakh for a 10-second spot to ESS for 
telecasting their commercials during the league and quarterfinal 
World Cup matches.

“The India-Pakistan match is the biggest marketing opportunity 
in the World Cup and no advertiser is willing to let go. It may 
turn out to be the biggest ad revenue grosser for the
broadcaster,” a senior executive of a media buying agency 
told Business Standard, requesting anonymity, as he was 
involved in buying ad spots for some clients.

The broadcaster is estimated to have earned a little over 
Rs 1,000 crore in advertising revenues during the ongoing 
World Cup from around 80 advertisers. It paid $1.1 billion 
(Rs 5,000 crore) for the rights of all tournaments 
organised by the International Cricket Council between
2007 and 2015.

With cricket fans across the country rushing to witness 
the battle on March 30, hotel rates at Mohali have almost 
doubled. A budget hotel normally charging Rs 2,000 to 
Rs 3,000 is giving rooms for Rs 4,000 to Rs 6,000. 
“We are all booked for March 30 and there are very few 
rooms available for March 29 and April 1,” said Munish 
Aggarwal, managing director, Best Western Maryland at 
Zirakpur. The hotel is about six km away from Mohali.
In the meantime, ticket prices have shot up 10 times. 
A ‘chair block’ ticket at the stadium which was officially sold 
for Rs 500 was being traded for Rs 5,500-6,000 today in 
the grey market. The stadium at Mohali has a seating 
capacity of 27,500. Around 14,000 tickets were sold over the 
counter on March 21-22, and the rest were booked by the I
nternational Cricket Council, the Board of Control for Cricket 
in India and corporate bodies. Sources estimate over half the 
tickets sold over the counter are being traded in the grey market.








INCONTROVERTIBLE LAWS
OF INVESTING



Be Patient And Wait For your Trade
Many investors suffer from “action bias” or a desire to do something.  However, when there is nothing to do the best thing to do is nothing. 

 Be Contrarian. 
The herd is usually wrong.  The punch bowl of speculation is usually spiked with denial.  Be careful getting in when the getting is at the end. 

Risk Is Permanent Loss of Capital, Never A Number. 
Pay attention to valuation, fundamental, and financial risks and thus avoid permanent impairment of your capital.

Be Leery of Leverage. 
Leverage is a dangerous beast.  It can’t turn a bad investment good, but it can turn a good investment bad.  Whenever you see a financial product with leverage as its foundation you should be skeptical, not delighted.

Never Invest In Something You Don’t Understand. 
If something sounds too good to be true it probably is.  If you do not understand where your money is going then don’t press the pedal ’cause the vehicle may be in reverse. 
Invest when the law is on your side; otherwise you may find yourself on the other side of the barbed wire fence at BROKE prison. 





TSUNAMI – THE CLOSEST VIDEO FROM A HARBOR
WATCH A HUGE THREAT FOR THE FILMING MAN
AFTER 8 minutes in the clipping 





MESSAGE TODAY

One thorn of experience is worth a whole 
wilderness of warning.
                                           - JAMES RUSSELL LOWELL  





RELAX CORNER

JUST SMS TO YOUR PAL

The quickest way to double your money is to fold 
it in half and put it back in your pocket. 










DISCLAIMER
THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.








Monday, March 21, 2011

FESTIVE MONDAY...?






FROM AN EXPERIENCE  


“One common adage on this subject that is completely 
wrongheaded is: you can’t go broke taking profits. 
That’s precisely how many traders do go broke. 
While amateurs go broke by taking large losses,
professionals go broke by taking small profits.
The problem in a nutshell is that human nature does
not operate to maximize gain but rather to maximize 
the chance of gain. The desire to maximize the
number of winning trades (or minimize the number
of losing trades) works against the trader. The success 
rate of trades is the least important performance 
statistic and may even be inversely related to performance.”

“The people who survive avoid snowball scenarios in 
which bad trades cause them to become emotionally
destabilized and make more bad trades.
They are also able to feel the pain of losing. If you don’t
feel the pain of a loss, then you’re in the same
position as those unfortunate people who have no 
pain sensors. If they leave their hand on a hot stove,
it will burn off. There is no way to survive in the 
world without pain. Similarly, in the markets, if the
losses don’t hurt, your financial survival is tenuous.”
                                                          (to be contd)




TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – MARCH 21

If trades above 5395 for 15-20 minutes
see a hike upto 5425-33
If that breaks more hike upto
5455-65 is possible
Otherwise,
if trades below 5394 and cuts 5375
a sure fall upto
5352 and then upto 5335-20  is seen on charts



BANK NIFTY

Buy btwn 10805-820      
T1 – 10866-89            
T2 – 10904-12      
T3 – 10942  

Sell btwn 10682-68       
T1 – 10623-598                               
T2 – 10584-75 
T3 – 10546



SHARE TIPS TODAY (MARCH 21)      

1) Sell M&M @ 630.30
    T – 625.75





HIGHER CRUDE IMPACTS INDIA'S FINANCES


Will Oil Cripple India’s Finances? What Do Higher Oil Prices
Mean for India India’s Energy Profile: India’s current 
energy requirements are estimated at ~400mtoe. 
In order to sustain growth at current levels, studies 
indicate that India would need to increase its 
primary energy supply to 1,651mtoe in the next two 
decades. Currently, coal meets more than half of 
India’s energy needs, oil accounts for close to 30%, while 
natural gas, lignite and hydro power make up the balance. 
While coal resources are abundant, oil is not. As the 
fourth largest consumer of oil in the world most of 
India’s oil energy needs are met through imports, 
making it is the world’s 5th largest oil- importing nation.
Impact on the BoP: India imports 80% of its crude oil 
requirements, with oil comprising over 30% of its 
import bill. Taking into account petro product exports, 
a US$1/bbl increase in oil prices would increase the 
trade deficit by US$800m. Our FY12 estimates 
incorporate the Indian basket averaging US$105/bbl, 
resulting in a current a/c deficit (CAD) of 
US$59.5bn (3% of GDP). With the budget easing 
funding availability on the capital account, we expect 
flows to be sufficient to finance the CAD and maintain
our view of the currency trading in the Rs45-46 range.
Impact on the Fiscal Position: Absence of 
deregulation in diesel and cooking fuels has resulted
in rising losses for oil marketing companies. 
A US$1/bbl increase in oil prices results in gross 
under recoveries rising by US$700m. With oil at 
US$105/bbl and assuming no deregulation, estimate 
under-recoveries are likely to rise to Rs1.4trn.
Further, assuming the continuation of the subsidy
sharing framework (i.e the govt’s share is 50% 
of total losses), the subsidy burden could rise to Rs 688 bn.
 Impact on Inflation: The impact is a bit difficult 
to quantify though prices of petrol and industrial fuels 
are market determined, the price adjustment at times 
takes place with a lag, while the government regulates
prices of cooking fuels as well as diesel. However, 
statistically, the impact on inflation could range from 
0.68% to 3.4% depending on how it is transmitted.
Key to look out for is de-regulation of diesel, 
but given upcoming state elections this could be delayed.
 The budget arithmetic is based on nominal GDP 
growth of 14%, gross tax revenues rising 18.5%, 
and expenditure rising 3.4%. While the revenue and 
growth assumptions appear realistic, the expenditure 
numbers appear optimistic. Overall expenditures 
are expected to rise by just 3.4%.
 On the back of continued political upheaval in the 
MENA region and assuming that output disruption 
continues through 2Q11, our global Oil and Gas 
team recently revised Brent Crude forecasts for 2011 
and 2012 to US$105/bbl and US$100/bbl respectively,
from US$90/bbl estimated earlier.
What Does This Mean for Our Forecasts?
Incorporating higher oil prices as well as recent trade data,
we have made several revisions to our BOP forecasts: 
Given the current run-rate in exports ( Apr-Feb FY11 
average at 30.5%) we are raising our FY11 export 
estimate to US$229.6bn or 26%YoY from 15%YoY 
earlier. Factoring in FY12 growth at 19%, exports in 
absolute terms would rise to US$273bn from US$252bn
earlier.
On the import front, we are nudging our FY12 
forecasts to US$435bn or 22.5%YoY, from 
US$422bn earlier (+19%). This incorporates
(a) Oil imports rising by 35% vs. 15% earlier 
(b) Non-oil imports rising by 18% (20% earlier).
Factoring in invisibles at US$102bn (slightly lower 
than our previous forecast due to a moderation 
in remittances), we expect the CAD to come in at 
US$59.5bn from US$65bn earlier, or 3% of GDP.
Gas Gains Lower than Earlier Envisaged
With higher oil prices weighing on the trade deficit, 
a key factor to look at is the gas discoveries that could 
impact the net oil import bill. On this front, while 
our oil analysts initially expected gas production to 
be higher due to Reliance¡¦s KG Gas Basin
discoveries coming on stream (64mmscmd in FY12 
and 80mmscmd in FY13), they recently revised 
forecasts  down to 55mmscmd and 64mmscmd
respectively.
Although the RIL BP deal could potentially advance 
KG gas ramp-up timelines, lack of clarity and 
production levels remaining stagnant in the foreseeable 
future are a key reason behind the revision.








U.S. Disappointed over Pranab






(Refer to ‘OUR POLICIES’ in blog archives
if you have any queries)

For further details,
Contact Admin (Analyst) @
(0)9788563656



MESSAGE TODAY

One thorn of experience is worth a whole
wilderness of warning.
                                  - JAMES RUSSELL LOWELL  




RELAX CORNER

A GOLF JOKE

He left home about 8:30 a.m. to play golf with his friends.
On the way out the door he answered his wife’s
“what time will you be home?” question with “probably
about 1:30. I’ll have lunch at the club.”
1:30 came &a  went, 3:00 passed, 6:15, still not home,
finally at about 7:00pm he rolls in the driveway, 
leaves his clubs in the garage, and presents his wife 
with a pizza, and begins the apologetic story: 
“We finished our game about 11:30, had lunch,
and I started home, when alongside the road I saw this
attractive girl with a flat tire on her car. I stopped to help,
got the tire changed, and looked around for a place to 
wash my hands. 
She offered money, but I refused, so she suggested 
that I at least allow her to buy me a beer.  She said 
there’s a tavern just up the road, and they have a 
restroom, you can clean up a bit.  I agreed to stop, 
we had a beer, then another beer, then a couple more,
and I realized that this girl was not only pretty,
she was very friendly, and a good companion to 
spend time with.  Before I knew it, we were in the
motel next door having sex.  And that is why I am so
late getting home.”
His wife looked him  in the eye and said 
“Don’t shit me; you played 36 holes, didn’t you?”





JUST SMS TO YOUR PAL

The quickest way to double your money is
to fold it in half and put it back in your pocket. 





DISCLAIMER 
THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.



Monday, March 14, 2011

LET'S GET STARTED DUDES...







FROM AN EXPERIENCE

After so many months I have just reread Douglas’s 
Trading in the Zone.

What I realize is that I have a similar issue.
I have intellectualized probability but when I am trading 
I do not believe it at a deep level. I don’t recognize that this setup
has a 60% winrate so I should expect 4 out of 10 entries to fail.

So, like most traders I try to improve the odds by learning more
about the markets or somehow discarding those setups I think 
will fail (lol). This might resonate:

“It’s the ability to believe in the unpredictability of the game at 
the micro level and simultaneously believe in the predictability 
of the game at the macro level that makes
the casino and the professional gambler effective and successful
at what they do. 
Their belief in the uniqueness of each hand 
prevents them from engaging in the
pointless endeavor of trying to predict the outcome of each
individual hand. They have learned and completely accepted the 
fact that they don’t know what’s going to happen next.

More important, they don’t need to know in order to make money
consistently. Because they don’t have to know what’s going
to happen next, they don’t place any special significance, 
emotional or otherwise, on each individual hand, spin of the wheel,
or roll of the dice. 
In other words, they’re not encumbered by
unrealistic expectations about what is going to happen, 
nor are their egos involved in a way that makes them 
have to be right.”
                                                                           (to be contd)
                          
                 

TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – MARCH 14
  
Strong resistance seen @ 5623 for the whole month
See Nifty Futures kissing 5473-80-92 today
and a good day trading resistance is seen
between 5485-95
If this resistance breaks, see a hike upto 5511
and then to 5525


BANK NIFTY

Buy btwn 10855-69        
T1 – 10917-41          
T2 – 10956-66     
T3 – 10996  

Sell btwn 10725-11  
T1 – 10663-39                              
T2 – 10623-14
T3 – 10584



SHARE TIPS TODAY (MARCH 14)      

1) Sell TCS @ 1075
    T1 – 1065
    T2 – 1057  
    
2) Sell JSWSTEEL @ 901    
     T1 – 893.10  
     T2 – 884.50

3) Sell RECLTD @ 228
     T1 – 226.10
     T2 – 224.25




Disclosure:
1. Stoploss levels, reverse trades are exclusively to the                        subscribers.
2. Solely I have all the rights to stop this free tips
at any moment.
Subscribe as soon as possible and earn more.
Join hands with us and enjoy pals.





ON THAT MISERABLE DAY...


Following a report earlier that the Uranium at the
Fukushima Power Plant may have melted, 
we sadly bring you this video of the explosion at Reactor
one of the nuclear site.



A before and after picture, showing the loss of Reactor 1

From BBC:
There has been an explosion at a Japanese nuclear power  
plant that was hit by Friday’s devastating earthquake. 

Pictures show a blast at the Fukushima plant and initial 
reports say several workers were injured.

Nuclear expert, Malcolm Grimston told the BBC that
nuclear materials may have been able to escape .
And as predicted by Zero Hedge first yesterday, 
the power plant has just announced that there is indeed
a meltdown at the plant.

The core at Fukushima No. 1
nuclear power plant’s No. 1 reactor may be partially 
melting, the nuclear safety agency said Saturday. 

Radioactive substance cesium was detected around
the reactor, it said.




BUSINESS GOES DOWN??


Two months ago many were scratching their heads when
Japan announced it was buying Eurozone bonds.
 After all – why would Europe want to have a marginal buyer
(or as the case may be seller) of its debt be the country
that is known by all to be the most indebted entity
in the world? Of course, it became promptly clear that it 
was not the Japanese government doing the buying, 
but mostly its financial companies, with an emphasis 
on its insurance and reinsurance companies. 
Fast forward to today when Japanese insurance companies
are getting pummeled in local trading on concerns the 
payoffs to the decimated Japanese infrastructure will 
be unprecedented. So what will happen? Why a scramble
for liquidity of course, just like we saw back in 
September 2008, when cash stricken companies sold all
their liquid assets first, resulting in a toxic loop of 
self-fulfilling prophecy selling which almost tobbled the
$25 trillion shadow banking system. And what will said 
Japanese insurance companies sell first? 
Why the very same Eurozone bonds they acquired 
with so much pomp and circumstance,
by the minions of the insolvent Eurozone,
back in January of course. Furthermore, now that Japan
will have no choice but to launch a mini round of 
Quantitative Easing and flood the market with JGBs, 
there will be a dramatic spike in supply for sovereign paper,
which of course means yields across the board will rise.

Which begs the question: if an earthquake flips its 
wings in Japan, does the Eurozone go bankrupt,
especially in the month when its most insolvent 
countries face billions in debt rollover 
requirements, tens of billions in maturity funding 
needs, even more in deficit funding 
requirements… and no cash?



KERRY W.GIVEN's 'NO-HYPE OPTIONS TRADING' - A VIEW


Options trading can be daunting, in large measure 
because “the risk-adjusted return of any options strategy 
will tend toward zero over time.” (p. 16) It doesn’t 
matter whether a person engages in high-probability 
or low-probability trading, whether the spread of choice 
is an iron condor or an out-of-the-money vertical spread. 
Without robust risk management the options trader will 
over time end up with a huge goose egg in his account for
all his efforts.
The author focuses on calendars, double diagonals, 
butterflies, and condors. His analyses don’t follow 
a standard pattern, but generally speaking he discusses 
trade structures, the rationale for various positions, 
and ways to enter and manage trades, including 
adjustments. At the conclusion of each chapter is a 
set of exercises to test the reader’s understanding 
of the material. Answers are provided at the end of the book.
Here I’ll sample his chapter on butterflies. 
The first important distinction is between at-the-money 
and out-of-the-money butterflies. An ATM butterfly, 
especially on a broad market index, is “a delta-neutral 
income generation trade.” An OTM butterfly is 
normally a speculative directional trade; it is an 
inexpensive, low-probability, high-risk trade. 
But an OTM butterfly can also be used as a 
“what if I’m wrong” trade. Let’s say the trader 
expects a stock to trade higher and has opened an 
appropriate bull call spread. But, in case the stock 
doesn’t trade as expected, an OTM put butterfly below 
the stock’s current price can serve as an inexpensive hedge.
The author outlines two ways to manage an ATM 
butterfly, a simple and a more advanced. The simple
technique has eight steps. Here are a few of them. 

Sell the ATM options and buy one option at one 
standard deviation OTM and one option at one 
standard deviation ITM. Buy extra calls and/or puts 
on the wings to get as close to a delta neutral position 
as possible. Close the trade when you are down 20%. 
Close half of the contracts and take your profit 
if you are up 25% or more. 
Close the trade on the Friday
before expiration week. (pp. 103-105)

No-Hype Options Trading is a practical book for the 
trader who has a modicum of knowledge about options 
but needs help with delta-neutral strategies. 
Whether this book will enable him 
(with lots of practice) to generate steady 
monthly income, the alleged goal of non-directional 
trading, is another matter. Markets don’t always 
accommodate the delta-neutral trader. 
Strongly trending markets present significant
challenges and highly volatile markets are 
“the worst-case scenario.” (p. 153) 
by Kerry W. Given, aka Dr. Duke (Wiley, 2011) 
might be just the ticket. The book 
(for those who care about the sometimes dueling 
camps in the options world) reflects some of the
techniques taught by Dan Sheridan, 
who was one of the author’s mentors. 
No-Hype Options Trading: Myths, Realities,
and Strategies that Really Work 
For the options spread trader, especially 
the non-directional trader, who is looking for 
strategies and trade management ideas





(Refer to ‘OUR POLICIES’ in blog archives
if you have any queries)

For further details,
Contact Admin (Analyst) @
(0)9788563656



MESSAGE TODAY


A baby has brains, but it doesn't know much.
Experience is the only thing that brings knowledge,
and the longer you are on earth the more experience
you are sure to get.
                                                                -L. FRANK BAUM



RELAX CORNER

JUST SMS TO YOUR PAL

Join the Army, meet interesting people and kill them.













DISCLAIMER
THE RECOMMENDATIONS MADE HERE DO NOT CONSTITUTE AND OFFER TO SELL OF A SOLICITATION TO BUY ANY OF THE SECURITIES/COMMODITIES OF ANY OTHER INSTRUMENTS WHATSOEVER MENTIONED. NO REPRESENTATIONS CAN BE MADE THAT THE RECOMMENDATIONS CONTAINED WILL BE PROFITABLE OF THAT THEY WILL NOT RESULT IN LOSSES. READERS USING THE INFORMATION CONTAINED HEREIN ARE SOLELY RESPONSIBLE FOR THEIR ACTIONS. SURFING OR USING ‘tradersharmony.blogspot.com' DEEMS THAT THE SURFER ACCEPTS AND ACKNOWLEDGES THE DISCLAIMERS AND DISCLOSURES.THE INFORMATION PUBLISHED ARE FOR EDUCATIONAL AND INFORMATIVE PURPOSE ONLY AND THE USER/READERS SHOULD TAKE ADVICE OF HIS/HER ADVISER BEFORE TAKING ANY DECISION FOR BUYING, SELLING OR OTHERWISE DEALING WITH SECURITIES/COMMODITIES OR ANY OTHER INSTRUMENT WHATSOEVER.