Monday, May 23, 2011

A VACILLATING MONDAY...?




FROM AN EXPERIENCE

We use technical analysis not because we think it means something, 
but because other people think it means something.
We are always looking for market participants to take us out of a 
trade, and in that sense, knowing the technical points at which
people are likely to be buying or selling is helpful.

Correct knowledge and the ability to change behavior are the most important parts of successful trading.


  • It has taken years to understand that being wrong is what trading is all about.

  • Trading is not taking long to look at a trade.

  • Losing never stopped her from staying with her plan as she knew how to lose small and go with her program.

  • If you can’t EXECUTE in getting in, you sure can’t execute to get out.

  • A trained trader understands success as “You lose good and you’re wrong small.”

  • Learn from others’ mistakes, and it is cheaper than learning from your own mistake

  • In your trading you will find you do not ever control the market but only your position

  • You can stop (remove) your position wherever YOU want!

  • I have often said the BIG money is on the surprise side.




  • We are all different. We must understand our natural disposition. Then we should consider how our personality impacts our trading. We should find the plays that match our personality and then focus on trading more of them. We should understand the limitations our natural disposition imposes on our trading and find solutions to improve.
    One last note for developing traders. You must first build a solid foundation. Learn and experiment with many different set ups.
    Then you can gravitate towards the plays that fit your personality.
    In your trade always follow the following…


    14 TRADING RULES I DO FOLLOW


    1.  Don’t be a tradeaholic
       * Someone who has to have a trade on at all times or they feel 
          their missing out
    2.  You trade to make money – not for fun, games, 
         or to escape boredom
    3.  Never add to a bad trade
         *This may work occasionally, but will hurt you in the long run
    4.  Once you have a profit on a trade, never let it turn into a loss
    5.   Don’t be a one way trader – be flexible, opportunities 
         on both sides
    6.   Know your risk on each trade. Trade with stops to limit losses
         * Sell down to the sleeping point (My favourite since 8 yrs )
    7.   Look for 3-1 profit objective trade
    8.  When initiating a trade, always get your price (use a limit order)
    9.  When liquidating a bad trade, always use a market order
    10.  Have a plan. Trade it. Monitor it.
    11.  Make 10 points on a million trades, not a million points
           on one trade
           * Aim for consistency (it adds to your batting average)
           * There are more opportunities to make many reasonable trades
    12.  Learn from your own mistakes
    13.  Pay attention to weekly lows and highs
    14.  Technicals are more important than fundamentals for traders.
                                                                                           (to be contd)


    TODAY’S TRADING STRATEGY
    OF NIFTY FUTURES – MAY 23rd

    Good support between 5466-60 today
    If breaks, see some slide upto 5445 and 5432 is seen

    If sustains above 5483 for 15 minutes,
    hike upto 5513—5531-37 is seen
    Today Maximum hike upto 5537 only (in a normal opening)
    Very very volatile session is expected today if there is no
    GAP opening.
    Day traders – better stay away in Nifty Futures
    Only our subscribers are able to trade in any market
    irrespective of the noise in the session
    Better subscribe to enjoy daily profits.

    OUR VIEWS IN BANK NIFTY
    See a Clean Head & Shoulders break out in a
    Day chart of BANK NIFTY given below
    ‘Bull’ cohorts – Please be careful if Bank Nifty decisively
    cuts and trades below 10500
    Blood bath upto 9500---9200 is very much possible
    if 10500 shatters with volumes in near future


    EOD CHART OF BANK NIFTY

















    Double click on chart for a better view

    What is it to us if all these go up or down?
    What if Buyers or Sellers carries the Market?
    We just go along and flirt with Bulls or bears
    (whose hand is up in near future) and mint money.
    That’s all…

    CORRELATED WITH BANK NIFTY or WHAT?















    As you all see our free calls in EQ and Nifty Futures 
    here rocks every week and we challenge (all over India) that no site 
    has the success rate we do have at present.
    Always remember nothing comes
    for free all the time..
    Check it out and join hands with
    us as soon as possible..
    HAPPY TRADE.




    SHARE TIPS TODAY (MAY 23)      

    Do not get married to the stocks – learn to flirt with instead…

    1) Sell TRF @ 394.50
        T - 389.50

    2) Sell HANUNG @ 176.80
        T – 173.25

    3) Sell ITDCEM @ 162.05
        T - 155.50

    4) Sell BHARATRAS @ 173.25
        T - 167.25

    5) Sell PDPL @ 112.50 
        T – 106.50

    6) Sell TECHM @ 642.25
        T – 630.25

     7) Sell JINDALSAW @ 159.80
        T – 155.50 



    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.


    THILLU MULLU..THILLU MULLU...


    கேட்பாரற்று தில்லு முல்லுகளை கட்டவிழ்த்து விடுகின்றனவா  பங்கு சந்தை செய்தித் தொலைக்காட்சிகள் மற்றும் இணையதளங்கள் ....???

    அப்படி 'சிதம்பர' ரகசியமாக நம் பாரத
    மணித்திருநாட்டின் பங்கு சந்தைகளில் நடப்பது தான் என்ன...?
    மலிந்து கிடக்கும் 'சந்தை வர்த்தக' ஊழலின் பின்னணியில் உள்ள பண முதலைகளின் பங்கு என்ன...?
    இந்திய பங்கு சந்தைகளின் நீள அகலங்களை இவர்கள் (மட்டும்) அறியும் சூட்சுமம் என்ன..?

    யார் இவர்கள்..? 
    இவர்கள் பின் இயங்கும் அரசியல் அதிகாரம் என்ன..?
    முதலீட்டாளர்களை திகைக்க வைக்கும் தகவல்கள் என்ன.... என்ன ...?
    காத்திருங்கள் ஆதாரங்கள் அம்பலமாக ...
    வெகு விரைவில்...


    Why Nobody looking at these type of SOURCE Base NEWS ??
    Is this a legal one...??
    Is this a Fundamental Right of BLUE Channels or Pink Papers ??
    For hrs ….this NEWS has been flashed on MAY 20th !

    Government (on 20th of May) said that the follow-on public offer of Oil and Natural Gas Corporation will take off as scheduled on
     July 5.
    “The FPO will go on as per schedule. Government works on long-term planning,” Siddharth Pradhan,additional secretary,
     Department of Disinvestment, told PTI.
    Doubts were raised about the timing of the proposed FPO as the scrip of the company was on the wane after government increased the burden of fuel subsidy payable by upstream oil firms from one-third to 38.8% for 2010-11 fiscal.
    The move took a beating on ONGC’s shares, which ended 1.17% down at Rs 274.05 on the Bombay Stock Exchange, that day.

    Pradhan, however, declined to divulge the amount the government plans to raise through the FPO, saying,” We will divest five per cent stake. The corpus would depend upon the prevailing market condition”.
    The government was targeting Rs 14,000 crore from the FPO but at current rates it will get just over Rs 11,000 crore.
    Is this Not Manipulation ??
    Think it over !!
    & realize it as a 200% Thillu Mullu..


    NOW SING THIS...
    "Thillu Mullu, Thillu Mullu
    'Channel' yellam kallu mullu
    1000 seidhigal......1000 mosangall"

























    Tolstoy’s story
    “The Emperor’s Three Questions” poses three
    questions:
    1. What is the best time to do each thing?
    2. Who are the most important people to be with?
    3. What is the most significant thing to do at all times?
    In the story, the Emperor traveled far and wide in his Kingdom
    to find the answers.  One day, he came upon a hermit who lived
    in a small hut atop a high hill.

    When asked these questions,the humble hermit replied:
    1. The most important time is now, because that is the only time
     over which you have  power and control.
    2. The most important person is the one you are with right now
     because you never know if you will be with that person again.
    3. The most significant thing to do at all times is be happy
    and share that happiness with the person you are with.

    The trading lessons are simple—but not so easy:
    1. Be with the trade you are in at the moment.  Stop trying to
    control anything but your own trade.
    The markets are going to do exactly what they want to and when
    they want to. YOU have the power to control what YOU feel,
    think, believe and do.

    2.  All that matters for you is the trade you are in.
     You may never see that trade again.  Savor it, cherish it and be
    with it for as long as it lasts.

    3. Celebrate your victories with yourself. 
    Celebrate the trade and with the trade. The instruction is to refrain
    from boasting or grandiose behavior when you make a winning trade.
    The markets will humble you, and pride always comes before a
    fall. Napoleon said that the most dangerous moments come with
    victory. Decry and avoid hubris.
    Also celebrate your defeats with yourself and the trade
    because they are mistakes.  Mistakes are our greatest teachers
    because it is through them that we learn. What do we learn? 
    Not to make them again!
    Constantly strive to look inward, to know yourself,
    to raise yourself to the highest level of authenticity.
    Be rigorously honest about who you are.
    Taking personal responsibility for your thoughts, feelings and
    actions is the first step to true inner peace—both in trading and
    in life.  Never forget the ten most important words you can ever
    and always ask yourself:
    Am I doing the best I can do right now?
    The ultimate victory in competition is derived from the inner
    satisfaction of knowing that you have done your best and that
    you have gotten the most out of what you had to give.


    MESSAGE TODAY
     What is all knowledge too but recorded experience?
                                                      -THOMAS CARLYLE



    RELAX CORNER

    JUST SMS TO YOUR PAL
    A troubling tongue twister : "Trouble is not a trouble,
    trouble wont trouble you,if u trouble a trouble,
    trouble will trouble u double trouble"






    இது புதுசு...


    இன்று முதல் பிரதி திங்கட்கிழமைகளில் நம் 
    சிந்தனைகளைச் செதுக்க தோட்டாவாய்ப்  புறப்பட்டுப்   புயலென  வருகிறார் ‘டுமீல்’ டுபாகூரானந்தா’
    இனி வாரா வாரம் ஆன்மீக ஆரவாரம் 

    சுவாமி 'டுமீல்' டுபாகூரானந்தா 

    பாவப்பட்டா கிடைக்கும் பன்னு
    கோவப்பட்டா கிடைக்கும் புண்ணு
    தேடப்பட்டா கிடைக்கும் ஜெயிலு 
    வக்கீல் இருந்தா கிடைக்கும் பெயிலு 
    ஓம் தத்சஸ்....
                                                                         (ஆன்மீக ஆய்வுகள் தொடரும்)




    சுவாமி: "நா......ன் கடவுள்..."

    சீடர் : சுவாமி 'எஸ்.பி' wife கூட்டத்துக்கு வந்துருக்காங்க..

    சுவாமி: எ..எ...என்ற படத்தின் நாயகனும் எம் சீடனே
                      என்று கூறினேன் ...ஓம் தத்சஸ்




    Disclaimer
    எண்ணங்கள் பண்படுவதொன்றே எங்கள் நோக்கமேயன்றி 
    யார் மனமும் புண்படுவது அல்ல..
    யாவரும் சிந்தித்திருப்பதுவேயல்லாமல்
     வேறொன்றும் அறியேன் பராபரமே 
                                                                                                              - ஆசிரியர் 













    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.
















    No comments: