FROM AN EXPERIENCE
The composite of a losing trader would be someone who is highly
stressed and has little protection from stress, has a negative
outlook on life and expects the worst, has a lot of conflict in
her/her personality, and blames others when things go wrong.
Such a person would not have a set of rules to guide their behavior
and would be more likely to be a crowd follower.
In addition, losing traders tend to be disorganized and impatient.
—Dr. Van K. Tharp
All and all, despite seeing the technical potential in the market and
sort of feeling like the market could blow to the upside,
I shall remain virtually 100% cash, with only a couple of small,
out-of-the-money put positions.
—Ambivalence usually produces anxiety in traders and investors.
It shouldn’t. You have the option of doing nothing.
Furthermore, you also have the right to be wrong.
And how blessed it is to be wrong and not lose a penny!
This splendid state occurs when you’re not invested.
It’s truly a blessed thing to be able to stand back and speculate for
free. If you’re right you can enjoy the satisfaction of knowing that
you were right. You will be richer because of it. And if you’re
wrong? You learn so much from being wrong! Often much more
than from being right! But the advantage of being wrong when
you don't invest is that you can much more easily get over the
failure and focus on the didactic benefits of being wrong.
maximum tranquility in an individual. The fact that it doesn’t
suggests a psychological mal-adaption that should be addressed..
* Traders should avoid putting stops in the obvious places.
For example, rather than placing a stop 1 tick above yesterday’s
high, put it either 10 ticks below the high so you’re out before all
that action happens, or 10 ticks above the high because may be the
stops won’t bring the market up that fair. If you’re going to use
stops, it’s probably best not to put them at the typical spots.
Nothing is going to be 100 percent foolproof, but that’s a generally
wise concept.
TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – JUNE 20
Good intraday resistance @ 5407 and 5449
Final Support @ 5328
If trades above 5368 today for 10-15 minutes a hike
upto 5406 is very much possible
If sustains above 5407 for 5 minutes, see more hike upto
5432-42-49
Suppose if trades below 5368 for 15 minutes
see a slide upto 5331 for sure
SCARY HEAD AND SHOULDERS FORMATION IN
DAY CHART OF NIFTY SPOT
DOUBLE CLICK TO ENLARGE THE CHART
FOR TAMIL VIEWERS & TRADERS
மேலே கொடுக்கப்பட்டுள்ள NIFTY SPOT- இன்
தினசரி முடிவுகள்(EOD) தெரிவிக்கும்
வரைபடத்தில் ஒரு
தினசரி முடிவுகள்(EOD) தெரிவிக்கும்
வரைபடத்தில் ஒரு
தெளிவான HEAD & SHOULDERS
உருவாக்கத்தை நாம் காணலாம்..
உருவாக்கத்தை நாம் காணலாம்..
முதலீட்டாளர்களை அச்சுறுத்தும் புள்ளிகளாக 5322 மற்றும் 5283
உள்ளது.
5322 விற்கு கீழே மூன்று நாட்கள் தொடர்ந்து சந்தை மூடும் பட்சத்தில் 5250 மற்றும் 5230 என்ற நிலை உடைந்து எழுநூற்றைம்பது
முதல் தொள்ளாயிரம்
புள்ளிகள் சரியாக ஒரு மாத அவகாசத்தில் (ஜூலை அல்லது ஆகஸ்ட்)
சந்தை சரியும் நிலை இதிலிருந்து தெளிவாகிறது..
எனவே சந்தையில் முதலீடு செய்ய விரும்புவோர் 5283 என்ற புள்ளி
ஆதரவு நிலையாக செயல்படுகிறதா இல்லையா என்பதை உறுதி செய்த
பின்னர் உள்ளே நுழையலாம் அல்லது இங்கிருந்து ஆயிரம் புள்ளிகள்
சரியும் வரை காத்திருந்து பின் முதலீடு செய்யலாம்..
சரியாக சந்தை திரும்பும் நேரம் மற்றும் புள்ளிகளை
அறிந்து தினசரி லாபம் ஈட்ட எங்களின் கட்டண
சேவையை உபயோகியுங்கள்..
எந்த சந்தையிலும் முனைப்புடன் ஜெயித்து காட்டலாம்..
வாழ்த்துக்கள்..
விபரங்களுக்கு அழைக்கவும்
(0)9788563656
SHARE TIPS TODAY (JUNE 20)
1) Sell JISJALEQS @ 140.60
T – 138.60
2) Sell ABIRLANUVO @ 851.55
T – 842.65
3) Sell PATNI @ 334.90
T – 330.85
4) Sell YESBANK @ 281.70
T – 278.25
5) Sell GRASIM @ 2093
T – 2080
6) Sell MARUTI @ 1160
T – 1148
7) Sell M&M @ 642
T – 636.75
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.
What it takes to be winning trader ? - Larry
10 TRADING ERRORS
1. Refusing to define a loss.
2. Not getting rid of a losing trade when it is obviously a loser.
3. Getting locked into a bullheaded opinion about market
direction.
4. Focusing on monetary value of trade instead of market
structure.
5. Revenge trading to recoup a loss.
6. Not reversing a position when the market is clearly
changing direction.
7. Not following the rules of your strategy.
8. Planning for a trade and then not taking it.
9. Not acting on your intuition.
10.Giving back recent gains due to overtrading or
inconsistency.
(Refer to ‘OUR POLICIES’ in blog archives
in case of any queries)
For further details,
Contact Admin (Analyst) @
(0)9788563656
MESSAGE TODAY
The brave man is not he who does not feel afraid, but he who conquers that fear.
-NELSON MANDELA
RELAX CORNER
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