Fibonacci and the stock market Introduction Fibonacci numbers were derived from an Italian mathematician Leonardo Pisano. Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered the relationship of what are now referred to as Fibonacci numbers while studying the Great Pyramid of Gizeh in… Read More »
In order to be a successful day trader, you need to have the right tools, choose the right markets, and trade the right trading systems. However, it is just as important to have the right psychological and emotional outlook. Lets illustrate the trading emotion using an Intraday Trades,similar emotions can occur over Swing trades and… Read More »
Risk management is the most important piece in this game. You are nothing without it, you can trade pretty much whatever you want however you want with the proper risk management. Your Ivy league degree, your 30 years of experience, your fool proof quant system means nothing without risk management, if you don’t think so… Read More »
In 1928 in New York City, or so the story goes, John D. Rockefeller was having his shoes shined. The shoe shine boy, presumably not knowing who Rockefeller was, started giving him stock tips. J.D. took his shoe shine boy’s advice – but not in the way you’d expect. He decided that if a shoe… Read More »
Century Textile Positional traders should look for 644 unable to close above it stock is heading to 610. Intraday Traders can use the below mentioned levels Buy above 639 Tgt 644,648 and 655 SL 637 Sell below 636 Tgt 632,628 and 623 SL 638 HDIL Unable to close above 102 stock is heading to… Read More »