Discretionary Traders Trade information flow. Are trying to anticipate what the market will do. Are subjective; they read their own opinions and past experiences into the current market action. Trade what they want and have rules to govern their trading. Are usually very emotional in their trading and taking their losses personally because their opinion… Read More »
Nifty has been rallying from past 1 week, 260 points in 5 days. Most of traders were bearish were holding shorts. With such sudden spurt many traders are caught of wrong foot and now finding it difficult to cut their trading looses and go with the main trend. The fear most of traders have What… Read More »
Movements in equity prices are driven by many factors, such as the economy, government policy, earnings, interest rates and valuation. But we think tactical moves (<3 months) are often better explained by sentiment, positioning and technical. While macro, policy and valuations matter, sentiment has worked well in recent years as a contrarian tool to identify… Read More »
Great traders are often thought of as talented anticipators of direction or momentum, or as exceptionally skilled risk managers, which many are. But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions. Use Your Head! I definitely think every trader struggles with controlling our emotions from time… Read More »
Compiled Article from Market Wizards Michael Marcus “The best trades are the ones in which you have all three things going for you: fundamentals, technicals, and market tone. First, the fundamentals should suggest that there is an imbalance of supply and demand, which could result in a major move. Second, the chart must show that… Read More »