SHUDDERING TUESDAY...???

 FROM AN EXPERIENCE

 MY TRADING RESOLUTIONS THIS YEAR:

• Think for myself
• Stay focused on the reasons why I bought a stock and sell when those reasons are no longer compelling
• Don’t let successful trades turn into losses
• Be ruled less by emotion and fear and more by logic and knowledge
• Read some good books on trading
• To avoid being whipsawed, I will give myself more room for the trade to work
• Follow my own rules
• Be easier on myself when I screw up and don’t let my ego inflate when I’m right
• Don’t force trades – there will always be another opportunity
• Honor thy stops!
• Stop chasing hot and popular stocks
• Do my own research
• Keep learning
• Learn to be less nervous and take more risks
• Remember that lost opportunity is better than lost capital
• Trade less – don’t overtrade
• To try and limit the number of opinions I allow to affect my trading. Paralysis by analysis has hurt me
• Avoid any trade where I use the word “hope” in my reasoning process
• To follow my logical, well-conceived, long-term game plan, without making irrational changes due to short-term market conditions
• Tune out the daily noise and useless banter
• Reduce the number of positions currently held
• Have more faith in my own abilities
• In trading, learn to be fearless
• Don’t be too greedy
• Slow down!
• Incorporate the use of smart trailing stops
• Use ETFs to properly diversify
• Remove my ego from my trading decisions
• Avoid getting easily frustrated or impatient
• Control and limit my losses
• Focus on making the next trade, instead of the last one
• I will not average down into losing positions
• Create more careful and detailed records with a commitment to review them regularly
• Learn to incorporate a systematic screening method like you
• Use emotions (both personal and market) to my own advantage
• Know my exits before making any trade
• Don’t be swayed by the latest and greatest strategy I hear about
• Keep it simple. Complex strategies are no better
• Avoid crowded trades
• Take time to look for reasons NOT to buy
• Let profits run longer. take losses quicker
• Trade what I see, not what I want to see
• Be more proactive and react faster to situations I find
• Make bigger, but less frequent trades
• Stay patient
• Focus on value of companies and not on the temporary market emotions
• Be more nimble
• Keep better notes
• Adopt an opportunistic versus a rigid bull or bear bias toward the market
• Enjoy the game more
• To quit counting the value of my account on a daily basis
• Stop looking for the holy grail
• Figure out what trade related information to consume on a daily basis and keep what is useful and leave out that which is not
• Avoid information overload by limiting what I read
• Don’t read stock blogs
• Turn off the TV and dedicate more of my time to become a better trader
• Set up a lazy portfolio
• Focus on proper asset allocation
• Never forget that “when you are through learning you are through”
• Recognize mistakes early, exit, and move on
• Take partial profits routinely, but keep money on high-performing stocks
• Follow my system
• To screen & scan my watchlist in a consistent manner each and every time
• Take routine breaks away from the market to refresh and gain more perspective
• Add more fundamental research to my technical research
• Concentrate on finding just one really good idea per year like Warren Buffett
• Stop searching for shortcuts or quick fixes – take baby steps
• Read at least 3 more trading books in next 3 months
• Focus, focus, focus – ignore all outside distractions
• When a strategy works, have the courage to follow it through, when it does not work, to have the wisdom to stop trading
• Find and exploit long-range sector themes
• Open my ears and keep my mouth shut
• Never panic
• Be humble

EMOTIONS THAT DIKTAT US IN TRADING & AS WELL AS  LIFE

  
REVENGE, we all know it and have done it. It happens when you are tricked by the market and decide to take another trade before looking at the big picture, then BAM you are on the wrong side of the trade again. Pissed off and refusing to move while your money is going further down the drain. Scared to let go for fear that you are going to get tricked again.

PANIC, that is when you lack the confidence to enter or ride a profitable trade. This happens when you have taken some hits and now you lack the confidence to trade profitably.
IMPATIENCE, this happens when you can’t wait for a proper trade set-up and jump on a price hiccup/retracement, often finding yourself on the wrong side of the trade.
ANGER, you know that feeling that comes over you when you have taken a hit or two and you want to kill your computer.
SELF PITY, when you come to the market hoping for crumbs and get none, and can’t see why THEY won’t let you have just a little bit.
DEPRESSION, something perhaps outside of the market has you at an extreme low point.
INDIFFERENCE, it happens when you have gotten hit so many times that you just don’t care any more because no matter what you can win any way.
All of these emotions work hard against you clouding your clarity and give other traders the advantage over you.
If you are experiencing any of these emotions when you enter your platform; abandon your trading until you have yourself under control and have the clarity of mind to trade. Not doing so greatly increases your chances of handing your money over to a trader who is more emotionally fit and controlled than you are.
We are all human and it happens to us all, but what weighs heavy in your mind will often weigh heavily in your pocket.
Come to your trading platform, well rested, focused and ready to trade. You may take an occasional hit so what it is a LESSON. We all get them and if we learn the lesson that the loss has taught us; it will make us much better traders.
DO NOT TRADE YOUR EMOTIONS!!!

TODAY’S TRADING STRATEGY

OF NIFTY FUTURES – JAN 11 

 

Last Hope for Bulls as per EOD chart @ 5714 today.

However bears rule started already …

We going to watch more blood bath after this .

Any bounce is a DEAD CAT BOUNCE for sure.

 
So SELL SELL SELL on every rise to be in a safer side.

Intraday targets of Nifty Futures from here on (5746)

T1 – 5719

T2 – 5686

T3 – 5676-66

T4 – 5648

Trailing Stoplosses and maximum profit snatch can be

updated only to the subscribers.

Even then, Risk loving traders can have an eye on the 

other side (positive), for it may too have some intraday profits.

(i.e.) If Nifty Futures manages 
to trade half an hour above

5770 crossing the level
with good volumes

we can book some profit in that 
dead cat bounce too

@ 5800-28 
(IF AND ONLY IF THIS HAPPENS)

So please do not trade blindly.

               

BANK NIFTY  

Buy btwn 10713-42   

T1 – 10787-810 

T2 – 10825-34

T3 – 10862

Sell btwn 10619-591        

T1 – 10544-521     

T2 – 10508-498   

T3 – 10469

  

SHARE TIPS TODAY (JAN 11) 

1) Sell KOTAKBANK @ 412.20

    T1 – 408.25

    T2 – 404.50

2) Sell TATASTEEL @  650

    T1 – 645.70

    T2 – 641.60

3) Sell JSWSTEEL@ 984.75

    T1 – 976.10

    T2 – 968.70

4) Sell TATAMOTORS @ 1175

     T1 – 1165.25

     T2 – 1158.70

5) Sell TORNTPOWER @ 254.85

     T1 – 253.10

     T2 – 252.25

6) Sell  JINDCOT @ 101

     T1 – 99.05

     T2 – 97.05-96.05

7) Sell ARSSINFRA @ 692

     T1 – 686.90

     T2 – 680.75

8) Sell GARDENSILKS @ 104.50

    T1 – 102.60

    T2 – 100.70

9) Sell KIRIDYES @ 380.90

     T1 – 376.50

     T2 – 374.55

10) Sell JINDALPHOT @ 206.10

      T1 – 204.25

      T2 – 202.75

      T3 – 200.10

   

IMPORTANT THINGS TO BE NOTED

1. NEVER EVER COVER THE POSTION TILL TARGET1

   IS ACHIEVED (TAKE YOUR OWN DECISION AFTER T1)

2.NEVER EVER ENTER INTO A TRADE

BEFORE THE ABOVE MENTIONED LEVELS

or AFTER THE TARGETS WERE ATTAINED.

3.STOPLOSS LEVELS, REVERSE TRADING

& MORE INTRADAY TIPS IN MARKET HOURS

 EXCLUSIVELY TO THE SUBSCRIBERS

Disclosure:

Solely I have all the rights to stop the free trials

provided in this space at any moment.

Pls subscribe as soon as possible,

join hands with us and enjoy.

AN ASTRAL VIEW OF MARKET TODAY

 

Consider 10 minutes plus and minus in each prediction, and act accordingly.

The advice is to compare the next prediction with the prediction of the previous time slot.

The predictions that you see every day on the website are written one week in advance. The astrologer advises you to take benefits from them.

 The dates of high-volatility and wide fluctuation in January-2011 are:

3 (23.10), 4 (Solar Eclipse) (-11.25), 5 (-66.55), 7 (-143.65), 

12, 12, 18, 24, 27, 31 

You may go through the predictions with the yearly graph and the starting lines of last week predictions to ascertain the accuracy of the astrologer.

Today Moon is in the Uttara bhadrapada nakshatra of the Rashi Meen.

 The pre-open market will be up but it will slide down suddenly from where ever it opens. This may happen at around 9.55 hence he advises caution.

14.30 to 15.30: This is a time slot of 2 up jumps and 2 down slides.  

Disclaimer

On repeated requests of the readers this astral prediction is started.

Traders are advised to attain some technical knowledge

before they get into trades anyway

                                                                       -EDITOR

 TRADING THOUGHT

“We know that the random element in
the market represents at least 40 to 60 percent

activity. Therefore, it’s not logical to look at
every tick or to think that every tick or every
chart formation has meaning. They don’t. 
There are too many traders trying to look at
the markets from too stringent an analytical viewpoint.
Most of what happens in the markets is meaningless. 
Why try to interpret every little movement, every little reversal,
every little tick? In trying to do too much, they’re actually paying 
too much attention to the market. You have to keep a distance
from the market. Only then will you have the psychological
resources to let your profits ride. You won’t be looking at 
every tick and interpreting it in a fearful way.”

(Please refer to ‘OUR POLICIES’ before you leave the site)

For further details,

Contact Admin (Analyst) @

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MESSAGE TODAY

Confidence is a fine trait. Overconfidence isn't.

LAURELL K. HAMILTON, Obsidian Butterfly

RELAX CORNER

JUST SMS TO YOUR PAL

  
 The longest sentence known to man: "I do." 

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