Monthly Archives: June 2014

Don’t Chase A Trade

By | June 12, 2014 4:41 pm

Everyone knows that chasing price is usually not beneficial, we either end up catching the move too late, or we get poor trade location, which makes it more difficult to manage the trade. However, there are other forms of chasing that are just as common, maybe more common, and just as counter-productive.   As a trading… Read More »

How Traders should plan trades

By | June 11, 2014 4:15 pm

A trader must have quantified entry signals that tell them when to enter where the probabilities of success are in their favor of being profitable.   A trader must build a robust trading system with a positive expectation model of a high winning percent of trades or one that will have bigger wins than losses… Read More »

Nifty forms Hanging man,FII Data Analysis

By | June 10, 2014 7:54 pm

FII’s sold 25.1 K contract of Index Futures worth 960 cores (3.5 K longs were added and 28.7 K shorts were added in Index Future) with net OI increasing by 32.3 K contracts.FII’s went aggressively short in index futures. Nifty has formed  Hanging man bearish candlestick pattern on Daily  charts, Pattern gets activated below 7580… Read More »

FII FnO data Analysis for 10 June

By | June 9, 2014 10:14 pm

FII’s bought 9.4 K contract of Index Futures worth 364 cores (20.3 K longs were added and 10.8 K shorts were added in Index Future) with net OI increasing by 31.1 K contracts. Nifty has risen 455 points in matter of 7 trading session, major rally of 300 points coming in last 3 trading session,… Read More »

Psychological Pitfalls that Can Damage Your Trading

By | June 9, 2014 4:33 pm

In all my years of trading and talking to fellow traders, I have noticed that newbie traders are susceptible to four main psychological pitfalls. Let’s take a look at each one and examine them carefully. Hopefully, after reading this, you will be able to see them coming and stop them before they destroy your account.… Read More »