World Market throughout the  globe were down between 2-4% today and the shock waves epicenter being ITALY .
Italy’s ten-year bonds and 5 -year bond yields  went  above the 7% level which has marked the point of no return for other countries that required bail-outs.

That suggests that their real worry is that Italy won’t repay them at all.
 
Italy is the third-biggest bond market in the world. Banks across Europe have significant exposure to the country’s debt.

To draw an analogy to the 2008 crisis, if Greece was Bear Stearns, then Italy is …

Trading is a process of continuous learning. If a trader pays close attention to what was done wrong or could have been done differently in past trades, a trader can greatly improve future performance.
For example, a trader may notice that there is some commonality in certain trading situations. In fact, by doing a postmortem on all trades, a trader may be able to identify indicators with high degrees of confidence. Likewise, a trade postmortem may reveal a flaw or omission in proper trading procedures. In any case, a trader must …

Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. – ALEXANDER ELDER

SBI
 
SBI is coming out with its results tomorrow and Stock has risen before the results from the low of 1886 to high of 2004 in anticipation of good results.
Only Concern about this rise is volumes, I have mentioned in above chart …

Food inflation rises to nine-month high of 12.21% and after that the Indian Government has done another Petrol Hike by Rs 1.82 which will go ahead and increase fuel inflation also.  This fuel price Hike after Petrol de regulation is burning big holes in pocket of indian consumers and goverment has told in strict sense that Price will not be rolled back.TMC has opposed the fuel price Hike and submitted resignation. Ratcheting up pressure on the government to rollback petrol price hike, MPs of Trinamool Congress, which has threatened to …

                                                    Traders Best weapon

1. Control Your Ego
 
“Everyone wants to feel like a winner. It’s tempting to pat ourselves on the back for making a winning trade, but it’s essential to face the facts: Many times a winning trade is a combination of an astute insight AND being at the right place at the right time. In other words, external circumstances such as plain good luck make you a winner.
When you put too much of your ego on the line with your money, you may feel great when you win, but …