We have started this website in order to teach and show traders from all forms of life that making money in Equities or commodities isn’t that easy if you do not pursuit it as a serious business. Speculation or emotional trading will only lead to lose more and more money.
Mr. Abhishek Bubna, M. Sc. in finance (Strathclyde University) turned into a professional trader from being an equity broker. He saw what his clients were doing and how they were losing money. Mr. Bubna has worked on a project on behavioral finance and understands the need to control one’s emotions while one is trading. He decided to show them how to make money in the same market if they follow some rules and control their emotions. Today he is handling large no. of portfolios. He wants to spread the knowledge and moreover calls all the traders to come together and share to make money.
We have made an application which will help you trade offline before you jump into the real world. We will be sitting right behind you to guide you through this journey of learning and making your trade journal look completely different.
Well, I am not sure how to study the exit polls. They were wrong once and again in 2004 and 2009, could it be another miss?
If we look at the banking stock a lot of stocks (PSU) are getting ready for their reversal in the weekly chart. Obviously a spike on the upside will confirm this and hence we could look into a correction.
I was having this conversation with someone today and he couldn’t believe it. He was asking me to be more sure before I could suggest correction. All I can do is look at the charts! Money management rules will play a very important role in this week. One should really start booking profits.
Lets see it in a different angle. If you stay long, the risk reward ratio is very poor as the correction could show really low prices. If you book your profits, you will gain and you might miss on the extra spiked profits (in my opinion only). In the former case, you will lose sleep and will be watching the news everyday and night tilt he 16th to see that your journal does not take a hit. Even if it does go up, you will get a chance to re enter the market. However, in the latter, you will have a sound sleep and be less worried about the market and be ready to enter again once given a chance. Your journal will show a brilliant set of result.
P.S. Don’t wander into the forest without a light, you just might not know the way out!
We have started this website in order to teach and show traders from all forms of life that making money in Equities or commodities isn’t that easy if you do not pursuit it as a serious business. Speculation or emotional trading will only lead to lose more and more money.
ReplyDeleteMr. Abhishek Bubna, M. Sc. in finance (Strathclyde University) turned into a professional trader from being an equity broker. He saw what his clients were doing and how they were losing money. Mr. Bubna has worked on a project on behavioral finance and understands the need to control one’s emotions while one is trading. He decided to show them how to make money in the same market if they follow some rules and control their emotions. Today he is handling large no. of portfolios. He wants to spread the knowledge and moreover calls all the traders to come together and share to make money.
We have made an application which will help you trade offline before you jump into the real world. We will be sitting right behind you to guide you through this journey of learning and making your trade journal look completely different.
http://blog.tradersgurukul.com/
Well, I am not sure how to study the exit polls. They were wrong once and again in 2004 and 2009, could it be another miss?
ReplyDeleteIf we look at the banking stock a lot of stocks (PSU) are getting ready for their reversal in the weekly chart. Obviously a spike on the upside will confirm this and hence we could look into a correction.
I was having this conversation with someone today and he couldn’t believe it. He was asking me to be more sure before I could suggest correction. All I can do is look at the charts! Money management rules will play a very important role in this week. One should really start booking profits.
Lets see it in a different angle. If you stay long, the risk reward ratio is very poor as the correction could show really low prices. If you book your profits, you will gain and you might miss on the extra spiked profits (in my opinion only). In the former case, you will lose sleep and will be watching the news everyday and night tilt he 16th to see that your journal does not take a hit. Even if it does go up, you will get a chance to re enter the market. However, in the latter, you will have a sound sleep and be less worried about the market and be ready to enter again once given a chance. Your journal will show a brilliant set of result.
P.S. Don’t wander into the forest without a light, you just might not know the way out!
This is most useful and great chart according to trading purpose.
ReplyDeleteAgri Commodity Tips