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If you can get the sector right, more than 50% job is done. Swimming against the tide and making progress is virtually impossible and at the end of the day even if you can do it you do not get extra rewards for having done so. Always focus on what sector market is liking and …
Market is a place to make mistakes. That is unavoidable. You can try to work on minimizing the mistakes but you will never be able to completely remove them. More focus must be on limiting the damage when you make the mistake. This is where cutting the losses on time comes in. SL is the …
Every once in a while market offers you juicy half volley with fielders inside and you will be playing in your home ground with audience cheering you like crazy. If you still manage to hold such ball direct to fielder with no run then you do not deserve to play the Cricket. Today we will …
The most overlooked aspect in market is behavior. Everybody is after best indicator, holy grail setup, automated system, forecasting and timing. Some of them matters, but nearly not as much as you think. Fix your psychology and market will start treating you differently....
The job of the market is to inflict maximum pain to maximum number of people at any point in time. That will be achieved when market moves against the positions positioned for a particular move. If already most people are positioned for market fall then who else will short it? Little buying can rocket the …
Money lost is gone. Do not fret over it. Thinking about it again and again will not make you any better but will rather impede your growth and understanding. Find a process and money shall follow. The focus must always be on process – did you buy an extended stock, did you sell due to …
There is a considerable risk in all the stocks regardless of their name, quality, industry, blue chip status or business numbers. Often you will see that stocks will top out while earnings are still good, everybody will be bullish and analysts will be giving much higher targets. There is nothing like safe stock and any …
Chasing the only upwards moving stock is what everybody wants to do but unfortunately there are no such stocks which only go up in all time frames. If something keeps going up over monthly time frame then possibly in weeks it might go down or if it keeps going up in weekly time frame then …
You manage the risk all the time because : – No market trends all the time– No range sustains all the time – No strategy works all the time...
Market works in themes. First there is sign of smart money positioning in certain kinds of stocks and then triggers come into public and as the narrative is getting built up stocks gain enormous momentum. Those who are good at price action reading have natural advantage to identify new themes and position properly. Those who …