FROM AN EXPERIENCE
Understanding that you will never hit that 100% win rate is about as
crucial as anything else written here. Every business loses money
sometimes, trading is no different.
Absolute perfection is, by the basic laws of nature,
virtually unattainable.
This is one point that a lot of people struggle with, and by true
irony or cause, leads them in the completely opposite direction.
A big debate among traders is whether to sell your losing stocks or
hold onto them. Obviously, dependent on both the short and
long-term outlook of a stock each side could have a winning
argument.
Whether there is a right or wrong answer, when solely using
technical analysis for your stock picking analysis,
YOU MUST ALWAYS SELL YOUR LOSERS.
The great thing about technical analysis is that it takes emotion out
of trading; however, emotion will always be there for other traders.
That is why stocks can easily dip or jump higher in a single day
– generally it is a reaction to a tangible action that just happened.
When executing trades through the signals of technical analysis,
there are always stop points or places where the trade is consider
a failure .
For the most part, that point of interest is determined by recent
price action of a stock.
Technical analysis all about using the setup that gives the trader
the highest probability of success. Once that setup is broken,
your original probability is out the window. Get it?
Basically once your stock dips below the “failure” point the
criteria that you essentially bought the stock on no longer stands.
Now you are just swinging into the wind hoping for the stock
to come back.
Instead I recommend you cut your losses and move on to the
next trade. It’s all about keeping the odds in your favor.
(to be contd)
ANOTHER SHORT TERM VIEW OF
NIFTY FUTURES WITH CHART
Watch the EOD chart of Nifty Futures given below very carefully..
Note the two important support and resistance levels pointed
out by the trend lines
Also we see a formation (beginning) of a 'Right Shoulder' of an
'INVERTED HEAD & SHOULDERS' in the chart whose
neck line break out is @ Resistance2
You can also see a straight H & S too whose neck line break out
is @ Support 2 - WATCH IT TWICE, THRICE and decide
Really need to get a 3rd eye to read charts...??!!
YES IT SEEMS
Double click on the chart to maximize.
TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – MAY 16th
Today Nfutures kisses 5590-5600 and may take a turn
Some resistance seen @ 5605
& Support @ 5556-50 today
Exact entry and exit levels only to the subscribers
SHARE TIPS TODAY (MAY 16th)
THERE'S NO NEED TO WRITE EVERY TIME THAT OUR SUCCESS
RATE IS BETWEEN 99% and 100%
IT IS VERY MUCH OBVIOUS AND YOU CAN CHECK THE
SAMPLES EVERY MONDAY HERE ...
JUST PURSUE THE TIPS AND ENJOY PALS
1) Sell TRF @ 428.70
T1 – 424.75
T2 – 420.50
T3 – 416.10
2) Sell SUNTECK @ 313.60
T1 – 310.50
T2 – 307.80
3) Sell PATNI @ 367.50
4) Sell MANDHANA @ 185.10
T1 – 183.25-180.60
T2 – 180.60
T3 – 176.50
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.
There’s yet another fuel
price hike which is to be
effective from midnight of Saturday(May14th).
The government of India allowed state-run oil marketers to raise petrol price today.
As a result, Oil companies have hiked petrol price by
Rs. 5 per litre.
The government controls price of diesel, cooking gas
and kerosene.
State-run oil marketers are free to revise petrol price
but never do it without
a cue from the oil ministry’s.
PTI reports that hike in prices of Diesel and LPG are unlikely
to be hiked as of now.
The total public debt of the government increased by 1.3% to Rs 29,21,360 crore at end of the fourth quarter of 2010-11, from Rs 28,83,880 crore in Q3 ended December.
The government’s debt constitutes both internal and external debt.
While the government papers of various maturities, including securities issued to international financial institutions, are classified as internal debt, the external debt comprises funds raised from bilateral and multilateral agencies, including the IMF.
Internal debt constituted 89.7% of public debt, marginally higher than 89.5% at end of Q3, a quarterly report of Finance Ministry on Public Debt Management said.
The outstanding internal debt of the government at Rs 26,19,594 crore constituted 33.3% of the GDP, compared with 32.8% at end of December 2010, it said.
External debt amounted to Rs 3,01,766 crore as of March-end.
The report said the actual information on government finances is available for the period April-February 2011, which indicates improved performance in terms of all the key deficit indicators.
All the key deficit indicators during April-February 2010-11, as percentage of revised estimates (RE) for 2010-11, were lower than their levels during the corresponding period of the previous fiscal because of higher revenue collections as well as containment in expenditure.
“While the improvement in non-tax revenue was mainly due to interest receipts and dividends and profits, improvement in tax revenue was primarily contributed by indirect taxes,” it said.
Inflows on account of foreign investment were lower during the months of January and February, mainly on account of portfolio investments by FIIs.
“The month of February 2011 witnessed net outflow of foreign investment due to FIIs investment,” the report said.
The rupee depreciated during the first two months of the quarter from Rs 44.81 per USD at end-December to Rs 45.2 per USD at end-February. It, however, appreciated in March, to close the month at Rs 44.7 per USD.
The report further said foreign banks continued to be the dominant trading institution, accounting for 32% of total outright trading activity of the central government dated securities.
Share of primary dealers and private sector banks was constant at 22% and 12%, respectively, while the share of public sector banks increased from 17% to 22%.
We are writing this very boldly…90% of the stocks are manipulative
here.CC People +Insiders knows everything and they are
officially/Unofficially trading in market, creating volumes.
Circular trading is going and these people are having links with Blue
We dont want to expose anything.
We want SEBI to think about all the small investors
and take action (not only) against Companies
but to check all trading patterns, recommendations etc. etc
in India if possible…
101% it is all GOLMAAL….!
Now we say
பாரத சமுதாயம் வாழ்கவே...!!
Think it over.........
Dont ask for an 'Anna Hazare' for these too...
MAGIC OF FIBONACCI NUMBERS
Elections are held every 5 years
Results declared on 13th
Jayalalitha is back to power after 5 years
Congress got only 5 seats in Tamilnadu
Jagan Reddy got 5 lakh majority in Andhra
Mamata demolishes Communist Bastion after 34 years
Trinamool Congress was formed 13 years ago
[Because numbers are made before man-kind according
to Pythagoras]
Everything in this universe, under specific calculations..
Who cares if we believe it or not..??
This is DAMN TRUE and the process goes on
(Refer to ‘OUR POLICIES’ in blog archives
if you have any queries)
For further details,
Contact Admin (Analyst) @
(0)9788563656
MESSAGE TODAY
Experience is the child of Thought, and Thought is the child of Action. We cannot learn men from books.
-BENJAMIN DISRAELI
RELAX CORNER
JUST SMS TO YOUR PAL
'The sixth sick sikh's sixth sheep is sick'
This is the world's hardest tongue twister..
According to guiness book of world records..
TRY IT...!!:-)
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