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Some trades are just meant to frustrate you. It could be some specific set of stocks, a sector or a theme. For us it has been financials so far. We picked PSU Banks as basket for investment but it hit our SL only to do good later. Another lending financial that we picked was Paisalo …
Price is truth. Price Action is way to truth. Everything else is derivative. Once you understand the above three lines your way of looking at market will change, it will correct your perspective to market and tune you in with market, result will be great flow with market and even greater results. Is not that …
Not every stock will run just because you have bought it. Neither stock will drop because you have sold it. In fact stock has no concern for you and is not aware about your existence. The moment you realize this and accept, you will stop personalizing things which are not even aware about your existence. …
You stand to make most money when you align your thinking with the market and with each passing day more and more market participants keep coming to your point of view. Theoretically that statement sounds a lot like value investing if you remove the market part of it and just say you make most money …
If you see someone who has gained his reputation back and is more reputable now than 10 years ago then it is a signal of a lot of hard work in last 10 years and this change in reputation is testimony of the changing times and going ahead his reputation is most likely going to …
Market is about perception. Just like most of the things in life are. Some will argue substance matters more than perception and all which is true. But nobody knows when it may matter, how much and often it may be too late by that time. One can make money by betting on substance buying blue …
Every stock has rhythm. Sometimes we miss to catch it. Other times stock quickly hits one or two 20% UC and then drops dead. This later category does not fit in our framework. We like to buy things before they are into circuits and let them later make the move. Yesterday we had as many …
Every stock has a story. That story is represented in concise form via chart of the stock. Doing price action analysis is detailing the story and using the preceding events to figure out likely near future outlook. This is what price action trading is. If you add your overall understanding about business, industry, management and …
In market few stocks will be rallying up even if market is breaking down and on the contrary few stocks which will be making newer lows despite market making newer highs. Basically Market has shifting drama pools. Our job is to find where drama is going to begin next or has just started. Financials is …
There is always underlying deeper understanding in the moves in market. The trouble is that understanding is beyond the ability of the most people active in the market. After the move materializes many people come out with Maine Bola Tha syndrome but are lost if things start going awry. Technical analyst articulate same as you …