Many traders I have interacted with every first question comes up “Bramesh What is Risk to Reward Ratio your system gives, I ask what is your expectation most of amateur will answer at least 80%.” I just smile and try to explain the why traders looks for such rosy percentage. We just need to understand the basic maths behind trading.
Most of professional traders are likely to lose atleast 35-35% of their trades and some even 60% of time. But still they make money, How is this possible. Let me elaborate …
Intraday and Swing trades in Stocks,Options with Buy,Sell,Profit Booking and Sl
Trading psychology is ‘something’ that a trader creates from existing personality traits that are not initially related to trading, but surface from trading without method understanding.
Exhaustive Analysis on Nifty based on Hourly,Daily Weekly and Monthly charts which will be helpful for Nifty Traders,Nifty Expiry View
Many traders I have interacted with every first question comes up “Bramesh What is Risk to Reward Ratio your system gives, I ask what is your expectation most of amateur will answer at least 80%.” I just smile and try to explain the why traders looks for such rosy percentage. We just need to understand the basic maths behind trading.
Most of professional traders are likely to lose atleast 35-35% of their trades and some even 60% of time. But still they make money, How is this possible. Let me elaborate …
USD has surged to 3 year high as market rumors are going Fed will cut down on QE in coming months. USD is trading at 84.393 highest level sinse July 2010.Lets analyze technically how long can the move last.
USD Hourly Chart
As per hourly charts USD is trading above its Fibo channel line and next target comes at 84.55. Observe the chart closely how every fibo channel is providing support for rise to continue.Any dips towards 83 should be bought into.
USD Weekly Chart
As per weekly chart, USD has given a …
Its an well known adage in Stock market “90% of trader lose money, 5% are at breakeven and only 5% are highly profitable trader”.
So trading seems to be highly profitable profession if you are in top 5% but its a loss making profession for remaing 95%.
So let me discuss few characteristic of Bad traders
A Bad trader will always be a forecaster of market tops and bottom, You will speculate that market cannot go above the certain level or cannot go down below certain level. You will involve bias in …
Nice presentation of Gold fall which we have seen, Click on Image to enlarge.
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Reliance
RIL closed above its 200 DMA with bullish engulfing pattern, Stock once its crosses above 845 can see a breakout move till 870 in short term.
Buy above 844 Tgt 849,855 and 861 SL 841
Sell below 833 Tgt 828,825 and 822 SL 836
JP Associate
Buy above 81 Tgt 82.1,84.1and 86 SL 80
Sell below 78.7 Tgt 76.7 ,75 and 73.5 SL 80
Hindalco
Hindalco has been trading in upper channel from low of 90. Stock is now near an importn
Buy above 112 Tgt 114,115.8 and 117 SL 111
Sell below 109 Tgt 107,105 and 103 SL …