Trading will stress your feelings. To survive and succeed, you will need to develop a sound trading psychology. Trading will challenge your mind. To gain an edge in the markets,you will need to master good analytic methods. Trading will demand good mathematical skills. A math illiterate who can’t manage risks is guaranteed to bust out.

A new trader is like a little lamb walking into a dark forest. He is likely to be killed, and his skin—his trading capital—divided three ways, between brokers, professional traders, and service providers. Each will try …

Below is my Interpretation of FII OI data Sheet for 16-Apr-12.
1. FII  bought  7972  Contracts of NF worth 214.50 cores OI also increased  by 1408. Monthly inflation data will be keenly watched

2. As Nifty Futures was down  by 70 points and OI has increased  by 1408,FII have created fresh shorts  in Index futures.
3. Nifty  closed below 20SMA@5265 and 50 SMA@5339  for today making it bearish in short term. Trend is favoring bears and Sell on rise should be mantra for the positional traders.As mentioned in Facebook page 5335 being an …

Next  week is an crucial week as , the Reserve Bank Of India (RBI) will announce its annual monetary policy for the year 2012-2013. Looking at slowing economic growth and lack of capital investment general consensus is for a Rate Cut  after a straight 13 times rise between March 2010 and October 2011.
Current benchmark interest rates in the country stand at 8.5% currently.
We have Monthly Inflation data coming out on Monday which will be keenly watched by RBI. February Inflation was at 6.95% ,Anything lower than Jan inflation …

Moving Average Convergence-Divergence
(MACD) was originally constructed by Gerald Appel an analyst in New York. Originally designed for analysis of stock trends, it is now widely used in many markets.
MACD is constructed by making an average of the difference between two moving averages. The difference of the original two moving averages and the moving average of the difference can be plotted as two lines, one fast and one slow
How is it Use?
MACD measures the difference between two Exponential Moving Averages (EMAs). A positive MACD indicates that the 12-day EMA is trading …

By Jason Van Bergen
It is simply not possible for any trader–whether amateur, professional or anywhere in between–to avoid every single loss. The disciplined trader is fully cognizant of the inevitability of losing hard-earned profits and, as such, is able to accept losses without emotional upheaval. At the same time, however, there are systematic methods by which you can ensure that losses are kept to a minimum.
The System
Every trader should employ a loss-limit system whereby he or she limits losses to a fixed percentage of assets, or a fixed percentage loss …