Why Traders Struggle With Discipline

If there’s a single theme that dominates discussions of trading psychology, it’s discipline. Traders are routinely encouraged to control their emotions, stick to their processes, keep journals, whatever.  If you lapse in your trading, it’s because you’re not sufficiently disciplined.  Call it the puritanical approach to trading: if you don’t stick to the straight and … Read more

Nifty trades at record highs, FII F&O Data Analysis

FII’s bought 6081 contract of Index Futures worth 225  cores (7.6 K longs were added  and 1.5 K shorts were added  Index Future) with net OI increasing by 9229 contracts. Nifty made a new life high again today 6763  ,and closed above its trendline. Nifty formed again today Hanging Man candle stick third day in row, … Read more

RBI remains hawkish

No surprise from the Reserve Bank of India. The central bank kept its benchmark repurchase rate at 8 per cent. Economists had anticipated the RBI would keep interest rates at an elevated rate to combat inflation. Wholesale price inflation was down to 4.7 per cent in February, from 5.1 per cent in January, while consumer … Read more