Tuesday, August 8, 2017

FEARS OF TRADING & HOW TO OVERCOME THEM



I recommend beginning with article " Fears of Trading" which lists and explains each type of fear - it's more than just being afraid to lose money. lists the fears as the following:

1.Fear of Losing Money
2.Profit Turn into a Loss
3.Fear of Being Wrong

1. Fear of Losing Money: The fear of losing when making a trade often has several consequences. Fear of loss tends to make a timer hesitant to execute his or her timing strategy. This can often lead to an inability to pull the trigger on new entries as well as on new exits. As a market timer, you know that you need to be decisive in taking action when your strategy dictates a new entry or exit, so when fear of loss holds you back from taking action; you also lose confidence in your ability to execute your timing strategy. This causes a lack of trust in the strategy, or more importantly, in your own ability to execute future signals.
2. Profit Turn into a Loss: Unfortunately, most market traders do the opposite of "let your profits run and cut your losses short." Instead, they take quick profits while letting losers get out of control. Why would a timer do this? Too many traders tend to equate their net worth with their self-worth. They want to lock in a quick profit to guarantee that they feel like a winner. How should you take profits? Once a trend begins, we stay with that trade until we have enough evidence that the trend has reversed. Only then do we exit the position..

Friday, August 4, 2017

KEEP AN EYE ON LT THIS WEEK FOR 07-11 AUG 2017


buy lt  above 1175 TGT 1200/1220 SL 1140
FOR LIVE TRADING LEVELS WHATS UP
ON 09039542248
Primary trend of the LT  is bullish and, it is forming bullish pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1175 ; Overall trend of the stock is bullish and after experiencing short term correction from the level 1200. if the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 50, one may expect the targets of 1200/1220 in the stock if it manages to sustain above the immediate support level of 1140. 200 EMA can see as a strong support at 1040. it is likely to experience fresh buying with the crossing of 22 EMA , where one may keep the targets of 1200,1220 in the stock with the stop loss of 1140.

DAILY CHART FOR LT:

Wednesday, August 2, 2017

IN THE LIGHT OF RESULTS ; CUMMINSIND BULLISH


buy CUMMINSIND above 1000 TGT 1019/1040 SL 975


FOR LIVE TRADING LEVELS WHATS UP ME

ON 09039542248


Primary trend of the CUMMINSIND is bullish and after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1000 ; Overall trend of the stock is bullish and after experiencing correction from the higher level. as the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 60, one may expect the targets of 1019/1040 in the stock if it manages to sustain above the immediate support level of 975. 55 EMA can see as a strong support at 950. it is likely to experience fresh buying with the crossing of resistance level of 1000 . Today, CUMMINSIND closed above monthly pivot point levels. Pivot point of 975 seen as a strong support on intraday charts.
DAILY CHART FOR CUMMINSIND:

NIFTY TRADING TIPS: RBI MONETARY POLICY ; REPO RATE CUT BY 25 BASIS POINTS TO 6%


THE RBI CUT THE REPO RATE BY 25 BASIS POINTS TO 6%,TRIGGERING HOPE OF LOWER BORROWING COSTS FOR HOUSEHOLDS, AND COMPANIES AHEAD OF THE FESTIVAL SEASON.

OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS

FOR CREDIT POLICY WE HAVE GIVEN SBIN STRANGLE STRATEGY TO CHECK STRATEGY VISIT LINK


Tuesday, August 1, 2017

WHERE TO SET A STOP LOSS ??


Many investors struggle with the task of determining where to set their stop loss levels. Investors don’t want to set their stop loss levels too far away and lose too much money if the stock moves in the wrong direction. On the other hand, investors don’t want to set their stop loss levels too close and lose money by being taken out of their trades too early.
So where should you set your stop losses?
Let’s take a look at the following three methods you can use to determine where to set your stop losses:
         The percentage method
         The support method
         The moving average method
The Percentage Method 

The percentage method for setting stop losses is one of the most popular methods investors use in their portfolios. trough using this method is determine the percentage of the stock price you are willing to give up before you exit your trade. For instance, if you decide you are comfortable with a stock losing 10 percent of its value before you get out.