FII FnO Data Analysis for 01 Jan

Wishing Dear Readers a Great, Prosperous, Blissful, Healthy, Bright, Delightful, Energetic and Extremely Happy and Profitable , HAPPY NEW YEAR 2015.. FII’s bought 7.4 K contract of Index Future worth 130 cores, 9.8 K Long contract were added by FII’s and 2.3 K short contracts  were added by FII’s. Net Open Interest increased  by 12.2 K contract … Read more FII FnO Data Analysis for 01 Jan

10 Friends & 10 Enemies of Traders

A Trader’s 10 Best Friends Studying the markets to understand what works. #Study You are comfortable with uncertainty. Being optimistic about winning in the long term. #Winning You manage risk very carefully on each trade. #RiskofRuin Thinking in probabilities and asymmetrical trades. #RiskReward Following your trading plan. #Discipline Accepting losses. #StopLoss Letting winners run. #TrendFollowing A plan on exactly how … Read more 10 Friends & 10 Enemies of Traders

Steps Every Trader Should Take to be profitable

1.  We admit that we were powerless over our emotions-that our trading had become unmanageable. 2.  We came to believe that principles greater than ourselves could restore our sanity and profitability. 3.  Made a decision to turn our will and our lives inside the charts over to certain principles as we understood them. 4.  Made … Read more Steps Every Trader Should Take to be profitable

Traits of a Successful Trader

We urge you to use this checklist for your own trading and investing preparation.  We truly feel that these traits are very important for you to understand.  These trader traits coupled with the proper psychology can make a huge positive difference in your overall trading performance. •  The ability to act on your decisions. •  … Read more Traits of a Successful Trader