TREND DECIDING MONDAY

FROM AN EXPERIENCE

In order to be a successful day trader, you need to have the right 

tools, choose the right markets, and trade the right trading systems. 

However, it is just as important to have the right psychological and 

emotional outlook. Without the right psychology, your emotions will 

have a big impact on your trading, and may even prevent you from 

trading at all. The two main emotions that day traders experience 

are fear and greed, and while you will probably not be able to 

remove these emotions completely, you will need to manage them.

Fear

Fear is the emotion that stops us from doing things that might be too 

risky. In the right quantity, fear is obviously an emotion that we 

need, but when fear becomes too great we can be prevented from 

doing things that might be necessary. In day trading, the main fear a 

trader has is that they are going to make a losing trade and lose 

money. This is a rational fear as no trader wants to lose money, 

but it is irrational if it prevents the trader from taking any trades in 

the first place. As an example, a trader might make a losing trade, 

and then be too fearful to make the next trade, which of course 

turns out to be a winning trade, and would have covered the 

previous loss. By letting the fear take control, the trader now has 

a net loss, even though a winning trade was available. The emotion 

of fear can be overcome by acknowledging that all day traders 

have losing trades occasionally, but as long as they are less frequent 

than the winning trades, there is nothing to be afraid of as there 

will still be a net profit.

Greed

Greed is the opposite emotion to fear, in that it is the emotion that 

makes us do things we would not normally do. The right amount of 

greed is necessary because it gives us the motivation to work at 

something, but when we are too greedy we will start doing things 

even when we know that we should not. In day trading, greed can 

make traders make random trades, or hold on to positions longer 

than their trading system dictates. For example, if a trader is 

watching a market moving strongly upwards, the trader might be 

tempted to make a trade even though their trading system says 

not to. The trader has allowed the greed to take control, and more 

often than not in this scenario, they will be buying right at the end 

of the move and will have a losing trade. The emotion of greed can 

be overcome by testing and then trusting in your trading system, 

and knowing that if you follow it correctly, it will make a profit 

without taking every potential trade.

TRADING STRATEGY

OF NIFTY FUTURES – AUG 8^th

A gap up opening around 5285 or 5309 is expected..
 –If occurs market moves downwards and will get closed in minus

Nifty Futures - down till 1:30 – by then it kisses 5221 only in the case of GAP UP opening,

From the low created @ 1:30 Nifty Futures hikes up till 3:10 p.m according to time theory

AN ADVICE TO OPTION PLAYERS

Suppose if Nifty Futures opens GAP UP between 5285-5309, CALL holders can book profits immediately

In case of a GAP DOWN, CALL holders of Nifty can exit all CALLS @ 2:40 p.m whatever the price is..

If opens above 5310 and sustains above the level for 15 minutes, hike upto 5336-50 is possible – So book ur CALLS when Nifty gets into that level

ON MONDAY

Resistance1  between 5285-5309

Resistance2  between 5336-5360

SHARE TIPS TODAY (AUG 8)       

1) SELL BharatForg @ 274.60

    T – 270.80  

2) SELL Educomp @ 299.90

    T – 296.75

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.

CALMNESS

Remaining calm during trading is one of the most important 

personality traits for a day trader, but it is also one of the most 

difficult to obtain and practice. As humans, the natural reactions 

to a winning trade are excitement and joy, and the natural reactions 

to a losing trade are panic and sadness, but day traders need to 

control these emotions, otherwise they will adversely affect their 

trading decisions (particularly the negative emotions). 

For example, the panic that occurs after a losing trade might make 

you take a new trade almost immediately in an attempt to make the 

money back, even though there was no trade according to your 

trading system.

SILVER -INVESTMENT OF THE DECADE..?!!

(Refer to ‘OUR POLICIES’ in blog archives

if you have any queries)

For further details,

Contact Admin (Analyst) @

(0)9788563656

  

MESSAGE TODAY

It is not power that corrupts but fear. Fear of losing power corrupts those who wield it and fear of the scourge of power corrupts those who are subject to it.
-AUNG SAN SUU KYI

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.

BEARISH WEEK AHEAD..?

FROM AN EXPERIENCE 

1. THE CALM STATE OF A TRADER

If there is an emotional state associated with successful trading, 

it is the antithesis of excitement. Based on his observations, Faulkner

stated that exceptional traders are able to remain calm and detached 

regardless of what the markets are doing. He describes 

Peter Steidlmayer’s response to a position 

that is going against him as being typified by the thought, 

“Hmmm, look at that.” Basso also talks directly about the benefits 

of a detached perspective in trading: “If instead of saying, 

‘I’m going to do this trade,’ you say, 

‘I’m going to watch myself do this trade,’ alt of a sudden you find 

that the process is a lot easier.”

2. IDENTIFY AND ELIMINATE STRESS

Stress in trading is a sign that something is wrong. If you feel stress, 

think about the cause, and then act to eliminate the problem. 

For exam-ple, let’s say you determine that the greatest source of 

stress is indeci-sion in getting out of a losing position. One way to 

solve this problem is simply to enter a protective stop order every 

time you put on a position.

I will give you a personal example. One of the elements of my job is 

providing trading recommendations to the traders and operators. 

This task is very similar to trading, and, having done both, I believe 

it’s actually more difficult than trading. At one point, after years 

of net profitable recommendations, I hit a bad streak. I just couldn’t 

do anything right. When I was right about the direction of the 

market, my buy recommendation was just a bit too low 

(or my sell price too high). 

When I got in and the direction was right, I got stopped 

out-frequently within a few ticks of the extreme of the reaction.

I responded by developing a range of computerized trading programs 

and technical indicators, thereby widely diversifying the trading 

advice I provided to the firm. I still made my day-to-day subjective 

calls on the market, 

but everything was no longer riding on the accuracy of 

these recommendations. By widely diversifying the trading-related 

advice and information, and transferring much of this load to 

mechanical approaches, I was able to greatly diminish a source of 

personal sires and improve the quality of the research product in 

the process.

3. PAY ATTENTION TO INTUITION

As I see it, intuition is simply experience that resides in the 

subconscious mind. The objectivity of the market analysis done by 

the con-scious mind can be compromised by all sorts of extraneous 

considerations (e.g., one’s current market position, a resistance to 

change a previous forecast). The subconscious, however, is not 

inhibited by such con-straints. Unfortunately, we can’t readily tap 

into our subconscious thoughts. However, when they come through 

as intuition, the trader needs to pay attention. As the anonymous 

trader in Zen and the Art of Trading expressed it, “The trick is to 

differentiate between what you want to happen and what you know 

will happen.”

4. LIFE’S MISSION AND LOVE OF THE ENDEAVOR

In talking to the traders interviewed in this book, I had the definite 

sense that many of them felt that trading was what they were meant 

to do-in essence, their mission in life. Recall Charles Faulkner’s 

quote of John Grinder’s description of mission: “What do you love 

so much that you would pay to do it?” Throughout my interviews, 

I was struck by the exuberance and love the Market Wizards had 

for trading. Many used gamelike analogies to describe trading. 

This type of love for the endeavor may indeed be an essential 

element for success.

5. THE ELEMENTS OF ACHIEVEMENT

Faulkner’s list of the six key steps to achievement based on 

Gary Faris’s study of successfully rehabilitated athletes appears to 

apply equally well to the goal of achieving trading success. 

These strategies include the following:

1. using both ‘Toward” and “Away From” motivation;

2. having a goal of full capability plus, with anything less being 

unacceptable;

3. breaking down potentially overwhelming goals into chunks, 

with satisfaction garnered from the completion of each individual 

step;

4. keeping full concentration on the present moment-that is, 

the single task at hand rather than the long-term goal;

5. being personally involved in achieving goals 

(as opposed to depending on others); and

6. making self-to-self comparisons to measure progress.

6. PRICES ARE NONRANDOM = THE MARKETS CAN BE BEAT

In reference to academicians who believe market prices are random, 

Trout says, ‘That’s probably why they’re professors and why I’m 

mak-ing money doing what I’m doing.” The debate over whether 

prices are random is not yet over. However, my experience with the 

interviews conducted for this book and its predecessor leaves me 

with little doubt that the random walk theory is wrong. It is not the 

magnitude of the winnings registered by the Market Wizards but the 

consistency of these winnings in some cases that underpin my belief. 

As a particularly com-pelling example, consider Blake’s 25:1 ratio 

of winning to losing months and his average annual return of 

45 percent compared with a worst draw-down of only 5 percent. 

It is hard to imagine that results this lopsided could occur purely by 

chance-perhaps in a universe filled with traders, but not in their 

more finite numbers. Certainly, winning at the markets is not 

easy-and, m fact, it is getting more difficult as professionals 

account for a constantly growing proportion of the activity- 

but it can be done!

                                                                                     (to be contd)

TODAY’S TRADING STRATEGY

OF NIFTY FUTURES – AUG 1^st

If trades above 5588 for 10 minutes Nifty Futures hikes upto 5505-5513

Good resistance @ 5514 today

If crosses 5514 and sustains above the level for 15 minutes 

then it goes to 5536-49

Surely we recommend to go short around 5550-60 levels

On the other hand, 

Crucial Support is found @ 5471

Below 5488 it tends to touch 5471

If breaks 5471 with good volume see a non-stop slide 

upto 5449-41

One side movement is expected after 1’O’Clock in NIFTY

SHARE TIPS TODAY (AUG 1^st)       

1) Sell PANASONIC @ 150.75

    T – 144.85

2) Sell RSWM @ 117

    T - 113.80

3) Sell JAICORPLTD @ 99.45

    T – 96.10

4) Sell GMBREW @ 104.80

    T – 101.95

5) Sell ORCHIDCHEM @ 202

    T – 197.20

6) Sell CANBK @ 456

    T – 448.25

7) Sell STER @ 159.25

    T – 156.15

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 pals.

TRADING ALMOST IS LIVING

The market is always 

right–except at 

significant tops and 

significant 

bottoms.

Keep and open and 

flexible mind. 

When in doubt, get out.

If you must have a guru, 

take him or her 

with many 

grains of 

salt

Do not add to losing positions.

Try every day to make yourself stronger, better and more integrated 

as a person.

Stay true to yourself. Lying to yourself and others, and trading 

on hope and prayer do not work

Most importantly, accept and recognize that you are not perfect. 

You are human and are going to make mistakes. 

Trading is the only profession where losing is actually winning. 

BUT— unless you accept mistakes as mistakes and learn from them, 

you will not progress and be upside down. Unless you are able to get 

your trading brain out of the cave you will not accumulate 

regret. It is only through the true acceptance of a mistake as a 

mistake that we accumulate regret. 

This is how we learn and grow as traders and human beings.

# Time is always on the side of the patient. Study, learn, absorb all 
you can. You are waiting for the next opportunity to make your 
bones, your fortune, your reputation. It will come along eventually 
— if you wait for it and are in a position to take advantage 
when the moment arrives. As Pasteur said, 
“Chance favors the prepared mind.”
You must become a philosopher, a historian, a statistician, a trial 
lawyer, and a psychologist when looking at Mr. Market. Simply 
reading the data and trying to trade/invest off of it is a sucker’s 
game. The noise so totally outweighs the signal that it is easy 
to caught up in distractions.

(Refer to ‘OUR POLICIES’ in blog archives

if you have any queries)

For further details,

Contact Admin (Analyst) @

(0)9788563656

MESSAGE TODAY

Fear not, but trust in Providence

Wherever thou may'st be.

                                              -THOMAS HAYNES BAYLY

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 MORNING IN BULLS HANDS....?

FROM AN EXPERIENCE

1. HOPE IS A FOUR-LETTER WORD

Hope is a dirty word for a trader, not only in regards to 

procrastinating in a losing position, hoping the market will come 
back, but also in terms of hoping for a reaction that will allow for a 

better entry in a missed trade. 
If such trades are good, the hoped-for 

reaction will not materialize until it is too late. 
Often the only way to enter such trades is to do so as soon as a 
reasonable stop-loss point can be identified.

2. DON’T DO THE COMFORTABLE THING

Eckhardt offers the rather provocative proposition that the human 

tendency to select comfortable choices will lead most people to 

experience worse than random results. In effect, he is saying that 

natural human traits lead to such poor trading decisions that most 

people would be better off flipping coins or throwing darts. Some 

of the examples Eckhardt cites of the comfortable choices people 

tend to make that run counter to sound trading principles include: 

gambling with losses, locking in sure winners, selling on strength 

and buying on weakness, and designing (or buying) trading systems 

that have been overfitted to past price behavior. The implied 

message to the trader is: Do what is right, not what feels comfortable.

3. YOU CAN’T WIN IF YOU HAVE TO WIN

There is an old Wall Street adage: “Scared money never wins.” 

The reason is quite simple: If you are risking money you can’t afford

 to lose, all the emotional pitfalls of trading will be magnified. 

Druckenmiller’s “betting the ranch” on one trade, in a last-ditch 

effort to save his firm, is a perfect example of the above aphorism. 

Even though he came within one week of picking the absolute 

bottom in the T-bill market, he still lost all his money. The need to 

win fosters trading errors (e.g., excessive lever-age and a lack of 

planning in the example just cited). The market seldom tolerates the 

carelessness associated with trades bom of desperation.

4. THINK TWICE WHEN THE MARKET LETS YOU OFF 

THE HOOK EASILY

Don’t be too eager to get out of a position you have been worried 

at out if the market allows you to exit at a much better price than 

anticipated. If you had been worried about an adverse overnight 

(or over-the-weekend) price move because of a news event or a 

technical price failure on the pre-vious close, it is likely that many 

other traders shared this concern. The fact that the market does not 

follow through much on these fears strongly suggests that there must

 be some very powerful underlying forces in favor of the direction 

of the original position. This concept, which was first pro-posed by 

Marty Schwartz in Market Wizards, was illustrated in this volume 

by the manner in which Lipschutz exited the one trade he admitted 

had scared him. In that instance, he held an enormous short dollar 

position in the midst of a strongly rallying market and had to wait f

or the Tokyo opening to find sufficient liquidity to exit his position. 

When the dollar opened weaker than expected in Tokyo, he didn't 

just dump his position m relief; rather, his trader’s instincts told him 

to delay liquidation-a decision that resulted in a far better exit price.

5. A MIND IS A TERRIBLE THING TO CLOSE

Open-mindedness seems to be a common trait among those who 

excel at trading. For example, Blake’s entry into trading was actually

an attempt to demonstrate to a friend that prices were random. 

When he realized he was wrong, he became a trader. Driehaus says 

that the mind is like a parachute; it’s good only when it’s open.

6. THE MARKETS ARE AN EXPENSIVE PLACE TO LOOK

FOR EXCITEMENT

Excitement has a lot to do with the image of trading but nothing to 

do with success in trading (except in an inverse sense). In Market 

Wizards, Larry Hite described his conversation with a friend who 

couldn't under-stand his absolute adherence to a computerized 

trading system. 

His friend asked, “Larry, how can you trade the 

way you do. Isn’t it boring?” 

Larry replied, “I don’t trade for 

excitement; I trade to win.” 

This passage came to mind when Faulkner described the trader 

who blew out because he found it too 

boring to be trading in the way that produced profits.

                                                                                  (to be contd)

TODAY’S TRADING STRATEGY

OF NIFTY FUTURES – JULY 25^th

WATCH 5643 today
If trades above 5643 for 10 minutes, 

see a sure hike upto 5682-92

Resistance @ 5692

If trades below 5642 for 15 minutes, a slide upto

5622 and if breaks this non-stop slide upto 5604 is expected

Good support @ 5604 and 5597 today

SHARE TIPS TODAY (JULY 25)       

1) Sell GTL @ 76.10

    T – 73.20

2) Sell SGJHL @ 174.50

     T - 166.25

Disclosure:

1.Stoploss levels, reverse trades are given exclusively to the                        subscribers.

2. Solely I have all the rights to reduce or completely 

stop this free tips at any moment abruptly.

Subscribe as soon as possible and earn more.

The Market Emotions Cycle - how we feel as the markets fluctuate

Trimark Analysis of this cycle of boom and bust and the feelings that go along with it. The internet, the stock market boom and CNN all led people to believe that wealth creation was easy and everyone could do it cheaply and effortlessly. The truth is, there is no easy way to accumulate assets and there is no “new paradigm” that eliminates the possibility of a recession or stock market crash.

 Although predictions of this nature are a fool’s game at best, we feel the worst is behind us as far as stock markets go and expect that virtually all world stock markets will finish the year up from their current lows.In any case, through all of the turmoil, we have rediscovered that time in the markets is the way to success - not timing the markets. And we will continue to recant this mantra with renewed fervor!
This chart shows the cycle of emotions people go through when investing in the markets. Long term thinking is key! Understanding not only the cycle but the emotions that go with it can help equip investors to tolerate and benefit from market fluctuations.
The Cycle of Market
Emotions “Maybe the markets just aren’t for me.”

• Optimism
• Thrill
• Excitement
• Denial
• Fear
• Euphoria
• Anxiety
• Desperation
• Panic
• Capitulation
• Despondency
• Depression
• Relief
• Optimism

Hope

“Wow, I feel great about this investment.” “Temporary setback. I’m a long-term investor.” Maximum Opportunity Maximum Risk
Expectations are high
• Optimism drives every investment
• Your expectations become reality; excitement, thrill
and euphoria take over
• You reach the point of maximum financial risk:
Your confidence is very high
Nothing lasts forever
• Soaring markets will level off, bringing on feelings of anxiety,
denial and outright fear
• As markets fall, next up are desperation, panic, capitulation
and despondency
• Depression sets in: You begin to question your place in the
investment world
Long-term thinking is key
• Review your original objectives and remember that you’re
investing for the long term
• Keep in mind that market downturns can result in maximum
financial opportunity
A brighter future
• Markets begin to normalize: Hope and relief emerge
• Prospects for a brighter future encourage optimism once again
Investing can be a highly emotional experience. This outline of market emotions can help you take a rational approach to maximizing
market fluctuations. Now’s the time to build a long-term investment strategy with your financial advisor – a strategy that will carry you
through the cycle of market emotions.
In the end, by anticipating and understanding the series of emotions that you may experience, you’ll be better equipped to tolerate andbenefit from market fluctuations.

MESSAGE TODAY

Fear is the parent of cruelty.

                                               -JAMES ANTHONY FROUDE

(Refer to ‘OUR POLICIES’ in blog archives

in case of any queries)

For further details,

Contact Admin (Analyst) @

(0)9788563656 

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.