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

SUPPORT AND RESISTENCE IN STOCK MARKET

In stock market , support and Resistance symbolizes key junctures where the forces of supply and demand meet.   Prices are driven by excessive supply (down) and demand (up).   Thus technical analysis is very much important in the wake of knowing buy/sell signal .   Supply is synonymous with bearish, bears and selling.   Demand is synonymous with bullish, bulls and buying.   These terms are used interchangeably throughout this and other articles.   As demand increase, prices advance and as supply increases, prices decline.   When supply and demand are equal, prices move sideways as bulls and bears slug it out for control. SUPPORT ? Support is the price level at which demand is thought to be strong enough to prevent the price from decline further.   The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined be it intraday or delivery.   The intraday trading software can make out a p...

NIFTY AND STOCKS RESEARCH

Indian indices ended marginally higher at 5347.90, up by 27.50 points or 0.52%, market opened on the cautious note following the warnings from Fitch for a possible downgrade of India's credit rating and lack of positive cues from Asian peers. However, Market gained momentum in late trading hours after value buying in index heavy weights. Nifty has formed a big Bullish candle on daily charts closing almost at the high of the day, index holding its supporting trend line indicating that short term uptrend is still intact and Nifty finds buying support at lower levels. However, Nifty closed at tab below it major resistance zone of 5,360‐5,380. In the coming session, sustaining above the 5,380 mark will see follow up buying towards 5420‐5460. Failure to make headway above 5,360‐5,380 will see the index react lower towards the support placed around 5300. Trading strategy would be to Sell if market resist at 5,390 and Buy if support at 5,330. First resistance for the Nifty is 5,...

FII FLOWS OF CAPITAL ON INDIAN STOCKS MARKET

New Delhi:   Overseas investors infused Rs 876 crore into Indian equity markets in the first week of May on hopes the government may review the General Anti Avoidance Rule (GAAR) provisions in coming days to address most of the concerns of FIIs, say experts. Foreign institutional investors (FIIs) had pulled out over Rs 1,100 crore from equity markets last month due to fears that proposed GAAR provisions could lead to heavy tax burden for investors putting money through tax-friendly places like Mauritius. During the current month, foreign fund houses poured in Rs 876.10 crore in the stock market and Rs 748.10 crore in the debt market Reuters FIIs made gross purchase of equities worth Rs 6,716.50 crore and sold shares valued Rs 5,840.40 crore translating into a net inflow of Rs 876.10 crore during May 2-4, according to the data available with the market regulator Sebi. Market experts said there is widespread expectations that government may review GAAR (General Anti...