Monthly Archives: July 2013

Why Exit in Trading is very important for traders

By | July 26, 2013 4:42 pm

Exit from your trading positions is an important quality a succesful traders needs to develop.-The exit is critical to being a successful trader. Let your winners run and your losers run out quickly. Two factors determine your exit, the Target and the Stop loss you have set on entering the trade. Today was a classic example, for trades who… Read More »

Stock Technical Analysis:Mcleod Russel,CESC and JSW Energy

By | July 25, 2013 11:59 pm

Mcleod Russel Mcleod Russel stock on daily chart is forming a perfect symmetrical triangle, Triangle breakout happens above 289 and breakdown below 275.So watch out for breakout/breakdown move. Positional target for breakout comes at 325 and breakdown comes at 254. Buy above 283 Tgt 287,293 and 298 SL 280 Sell below 276 Tgt 271,266 and… Read More »

Nifty Futures Technicals for August Series

By | July 25, 2013 7:32 pm

FIIs bought 11031 Index Future worth 332 cores with net Open Interest decreasing by 219456 contracts,Nothing much to read in today’s data as FII closed/rollovers their position, Will get more clarity tommrow. Can Retail traders make money in Stock market? Yesterday we had discussion on channel break and today we saw the follow up down… Read More »

What is wrong with India’s economy?

By | July 25, 2013 11:39 am

Thought Provoking article India further eased rules on foreign direct investment in a range of industries in an attempt to boost the economy which grew at its slowest pace in a decade during the 2012-13 financial year. Economic analyst Paranjoy Guha Thakurta explains what ails Asia’s third-largest economy. For Prime Minister Manmohan Singh, the irony… Read More »

Can Retail traders make money in Stock market?

By | July 24, 2013 3:24 pm

Amateur retail traders tend to think that the professional trader or Institutional investor have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit  and a professional traders zeros down to the trading mindset and trading psychology.The difference between… Read More »