Skip to main content

You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets.

You must win the BATTLE WITHIN YOURSELF first, before you can win in the
markets.
This is the primary lesson that you will learn in you trading career. Initially when a intraday trader enters the markets he is bombarded with so many emotional turbulence. Some times he will struggle for the best intraday trading software. Other times he will struggle to take all the trades. Some times he will start doing positional trading since he feels all the big moves are in positional trades. sometimes he will totally avoid the positional trades and do intraday. sometimes he will do only intraday thinking that he needs to sleep peacefully and not get affected by news. In intraday sometimes he will do on medium time frame where he will be hit with big stops and sometimes will do scalping so that that loses are small but then he realizes that the gains are not big enough.This struggle forms major emotional character of any starting intraday trader. Once you get into that mindset that what are your limitations and what are your comfort levels then you should formulate that sort of intraday trading strategy.
Suit it to your personal parameters and follow it with precise accuracy and you will find that the gains start coming and you become a winner in the battle

For further information on the BUY AND SELL SOFTWARE, Intraday software, Real time data, Nifty live Charts ,Nifty Buy Sell Signals , please visit :
http://technotrades.biz/http://technotrades.biz/
Call: 9958406102 .

Comments

Popular posts from this blog

Trading Strategy

The nifty live charts or any intraday software can tell us about the direction of the nifty. The best trend finding strategy can be by checking the direction of any particular moving average, or by drawing a diagonal trend line. The other way is to see if it is making rising Low and Highs or falling. These are little complex to note during live intraday markets. So the better solution is to make your trading strategy more mechanical so that, the buysell signals are generated on the live nifty charts using the real time data . These are based on some sound formulae and some arithmetic calculations. So when the intraday software finds that a particular stock meets those parameters, then it picked on the momentumstock tips scanner. These can then be quickly traded with the other risk management principles in place like booking target levels, stop loss and so on. This way the trader is greatly assisted in making his decisions. Below you will find a image of the charts an...

NIFTY TREND ANALYSIS & LEVELS FOR TODAY

Updated for-Jul/12/2013 Nifty was on a bull trend and closed at 5935 level. So today the first resistance for nifty is at 5971-75 level. Next resistance ranges are at 6008-12,6030-35,6047-52,6069-73,6088-92 levels. On downside first support is at 5898-94 level. Next supports are at 5861-56,5834-30,5800-95,5780-75,5741-36,5722-18,5702-98,5670-65,5623-18,5590-85,5569-65,5536-32,5518-14,5497-92,5477-74,5445-41 level.Nifty is in bull region So today on upside intra resistance are at 5975 and 6012 level and on down side support are at 5894 and 5856.Below 5856 be very alert and avoid longs.  Positional Support for NIFTY 5905 5872 5868 5838 5830 5824 5772 5764 and positional Immediate resistance for NIFTY is 5961. Intraday Resistance of NIFTY are 6008.8 : 6069.9 : 6051.2 : 6067.4 Intraday Support of NIFTY are 5861.4 : 5800.3 : 5820.1 : 5804.2