Need Help With Your Trading? Talk to Yourself!

Traders who are doing intraday trading or positional trading all feel like sharing notes and talking to each other. This is because traders are human beings with emotions. They will talk about charts and the probable buy sell signals appearing and what if this level breaks or what if that level hold. It will blast or it will consolidate. These are all the time wastage talk that keeps doing the rounds. For a serious trader all this is only time waste , he is only concerned about his trade setup rather than following the news or guess work. for when the trade entry occurs he need not get confused and pull his trade rather than doubt it. This way you stick to you trusted and tested method and keep following all rules from trade to trade. This is the correct method to becoming a serious full time professional trader in the stock markets or the forex markets.You are only to talk to yourself fro the best mindset and attitude. If you feel nervous you should tell yourself that I must trust the trading system or the buy sell signals intraday software. If you make some error then you must console yourself and note the error so it does not happen again. Leave all the news aside and just follow the method to the perfection.

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BANK NIFTY PERFORMANCE ON 25 JULY 2013

BANK NIFTY SELL TRADE MADE ABOUT 70 POINTS ON 25 JULY 2013

FII FLOWS INCREASES

Flows into India likely to remain limited in the near term, as relative valuations of stocks versus emerging markets do not look attractive, Macquarie says. India thus “may be staring at a possible negative 12 month forward returns,” Macquarie says. The controversy over taxation for foreign investors, as well as macro challenges, are key reasons for net outflows of foreign institutional investors (FIIs) in April vs strong Jan-March inflows, Macquarie says. Indian stocks look historically cheap, but is trading at a premium of around 33 percent vs emerging markets vs the long-term average of 27 percent, Macquarie estimates. Nifty is seen trading in 5,000 to 5,500 range and the Sensex in 16,000 to 18,000 range, as “global liquidity glut” to provide some support, Macquarie says. Reuters

Day Trading Software - Does This Really Work

By Peter Skotnicky Can day trading software be an invaluable tool when it comes to choosing profitable stocks? Exploring this somewhat new technology may help with selecting the smart trade. Day trading software can give you an extra advantage to choosing the right trades. By using algorithms, the software helps choose the stocks that will be the most profitable. If this is a new concept for you as with most people when it comes to day trading, here are a few basics. The trade day starts at 8 a.m. and is over at 4 p.m. Eastern Time. Since most people would like to know what is happening on the stock market before they begin trading, this is where the software comes into the picture. Choose a style that delivers the most important aspects to you before the trade day begins. News feeds and analysis of the best choices is extremely important. The stock market is complicated and figuring out what all the charts mean is nearly impossible for a newcomer. If you want to know ...

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