What golf teaches us about trading- 14 Points

 What golf teaches us about trading- 14 Points Lessons from gold for traders 1. Each golf shot/trade is a learning opportunity.  2. In golf you play the ball where it lies.  You can hit a great shot and find it in a divot and you must play from there.  In trading you can make a good trade, find yourself underwater in losses, and must trade out of the position.  3. Golf is an individual sport and trading is an...

10 Ways to Become a More Consistent Trader

10 Ways to Become a More Consistent Trader 1) Visualize yourself trading consistently. 2) Set realistic goals for your trading.  3) Do not spread yourself too thin. 4) Prepare consistently. 5) Keep a live trading journal.  6) Develop clear exit rules for your trades. 7) Always know how much you are willing to lose on a trade. 8) Develop a trading PlayBook of your best setups and trade those plays.  9) Keep trading statistics...

Unpublished Interview Of Legendary Trader Jesse Livermore Conducted by Edwin Lefevre 1922

Unpublished Interview Of Legendary Trader Jesse Livermore Conducted by Edwin Lefevre 1922  What follows is a never before published “interview” with Jesse Livermore. Conducted by Edwin Lefevre, dated circa 1922, this “interview” reveals great insights into the mind of the famous trader. As we will see, the wisdom imparted here could change our entire perspective on the speculative game we love and enjoy.  It might even change our lives. ...

Chart Of The Day : AMARA RAJA BATTERIES LTD Buy/Sell/Hold? Short - Mid Term View 10 March 2017 For Trading Positional Technical Analysis Recommendation

Amara Raja Batteries Ltd CMP-822 Recommendation- Sell Below 800, the stock will slide down below 700 which is its 200 DMA on weekly chart. The stock does not seem like going above 950 and likely touch lower level as given only. In monthly chart you can clearly see, how the stock has been moving within a narrow range of 800 and 1050 in the last 2 years which were very volatile for the entire stock market. A daily chart is given here for you...

Here Is What To Watch For Next Week Market Movement

China’s National People’s Congress gets underway this weekend, and investors will get an update on the health of the US labour market. Here’s what to watch in the coming days. China  Li Keqiang, China’s premier, delivers the country’s proposed economic targets on Sunday at the opening of the fifth session of the 12th National People’s Congress, the country’s top legislature. While much of the discussion takes place in closed-door meetings,...

10 Thoughts for traders, 10 Points for traders

10 Thoughts for traders 10 Points for traders 1. OPPORTUNITY. There are dozens of these every day, unfortunately you can’t buy them all, so only pick the top 10 and then narrow them down to 2 to 3. This is done by using your buying criteria which is part of your trading plan which you already have written down. (Hopefully you have one?) 2. BUYING and SELLING. I have a pre planned strategy which I have developed by trial...

Chart Of The Day : AXIS BANK LTD Buy/Sell/Hold? Short - Mid Term View 2 March 2017 For Trading Positional Technical Analysis Recommendation

Stock : Axis Bank Ltd. Recommendatino : BuyView : Short to Mid TermStrategy : Strong Buy with SL. Profit booking advised.CMP : bse cash 513.30 Commentary :  The stock was depressed for a very long time. Even pre-note ban period, when most private sector banks were surging, this stock underperformed on account of a couple of depressing news, uncertainties and hang over thereof. The stock is not ripe for upsurge and ready to again visit its...

Chart Of The Day : ADANI ENTERPRISES LTD Buy/Sell/Hold? Short - Mid Term View 1 March 2017 For Trading Positional Technical Analysis Recommendation

Adani Enterprises Ltd. Recommendatino : Buy View : Short to Mid Term Strategy : SL and Buy on Dips both CMP : bse cash 98.50 Commentary : The stock has come back to 100 levels after 2 years of consolidation. The major problem with the stock's drastic under performance was the huge debt the group holding company is carrying, which it still is and the nature of business it was in, which was commodity heavy. However recently the company is looking...