Skip to main content

Trading Is a Game of Anticipation, Not Reaction

Every trader is there in the markets trying hard to earn maximum money . But most traders are only making impulsive moves in entering and exiting the markets out of anxiety or impatience. They try to jump the cart , and take either early entry or late entry.Most traders think that the more number of time they take trades the more they are going to earn . It is not like this . The markets are to be understood properly, like its dynamics. The trader feels how he can use his time spent sitting in the markets to the best use, so he tends to be overactive or over trades. once you get to understand the market dynamics then only take suitable trades and that too when the setup is fully confirmed. This would at least lead to best probability in your trades.

In fact there is always more sense in studying the weekly and the daily charts which most of the intraday traders miss to do and they are only starting the day and looking for the buy sell signals haphazardly, and looking for entries. The higher charts will give a fair idea of what the markets are doing and then based on that the entries to be done on the hot zones or zones of confluence.Once the trader has studied the most probable entries, then he needs to patiently sit in anticipation of the trade rather than taking any other entry.

This is the better way to success in the stock markets .

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”
― Abraham Lincoln


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

Comments

Popular posts from this blog

Intraday Software | Nifty Intraday Software | Nifty Intraday Tips

The business of day trading is extremely risky. You either gain or lose thousands of dollars within a matter minutes. That's why it is very important that you invest in a powerful day trading software. Day trading software will give you the platform you need to do instant market research and make fast trades that can make you a nice profit. As I am sure you know, there are many day trading softwares on the market. Some are good and some are well, not so good. Below you will find the top 6 things you should look for when researching a day trading software. Remember that day trading in and of itself is very complex. Therefore the software that you will be using will be complex as well. Just make sure it is the software that works best for you. 1 - Training If you are new to day trading, it is important that use a software that offers some sort of training. The more the merrier. Look for a software that offers forums and blogs that you can access on a regular basis. 2 - Charting Tool...

Tracking Nifty for the

The Indian benchmarks ended on a weak note on March 13, 2013, when they closed near to the low point of the day. There was liquidation of long positions by traders as there was no follow up buying support from institutions. Again conflicting economic indicators is keeping investors on the tenterhooks. Industrial output in January was better than expected at 2.4 percent, but consumer inflation continued to be above 10 percent, underscoring the problems in the economy. Investors also refrained from taking aggressive positions ahead of the Reserve Bank of India's mid-quarter policy review scheduled next week. These led the Sensex to close at the level of 19362.55 i.e. down by 202.37 points and the Nifty to close at the level of 5851.2 i.e. down by 62.90 points. The midcap index and the small-cap index closed in red with the loss of one percentage point and one and a quarter of a percentage point respectively. On the sectoral front, all the indices, excepting one sectoral i...

TECHNICAL ANALYSIS NIFTY STOCKS MARKET

TECHNICAL ANALYSIS BY www.technotrades.biz ON NIFTY USING THE INTRADAY AND POSITIONAL TRADING SYSTEM Indian indices ended flat at 5338.00, up by 1.30 points or 0.02%. Nifty began the day on positive note and stayed in green zone for most part of the day. But negative opening of European counterpart coupled with cut in India's gross domestic forecast (GDP) set off the profit booking in the dying hours. Nifty has formed a doji with long upper shadow indicate that market participants appear to be reluctant on the higher levels and prefer to book profit. If the index stays below day’s low (5,330) then it is likely to witness selling pressure which might drag it towards the support level of 5,300-5,250.Our bias is positive till the market is moving in higher top bottom formation and successfully closing above immediate resistance zone of 5370-5380, which is required to gain the necessary push for further upsides towards the 5,450.Trading strategy would be to Sell if market resist ...