Separate your ego from your trading. The market does not care what college you went to or how many kids you have to feed. Take profits when you have them and NEVER think you are smarter than the market. As they say, “humble yourself or you will be humbled.”
Archives of “Anirudh Sethi” tag
rssSteel Ingot :23539 is Last Hope
The Grand essentials of happiness are: something to do, something to love, and something to hope for.
Yes ,Weekly chart indicates 23539 is last hope.
Three consecutive close below this level will create unexpected selling.
-I expect price level of 22065–21574.
-Don’t trade blindly and never
To know more join us.
Updated at 6:01/18th Feb/Baroda
Trading Strategy for Nifty Future -12th April ‘10
Always protect your confidence. Find an investing/trading philosophy that you are comfortable with and one that fits your personality. Once you have discovered this, work hard, study it, and try to perfect it. My best advice to gain more trading confidence is to make decisions, evaluate if your ideas are working, and constantly make adjustments until you can replicate a successful and disciplined trading methodology.
Laxman Rekha at 5566.
As I had already mentioned 3 Consecutive close above 5309 level will take to 5566 level.
-Zig Zag will continue ,but it will try to kiss 5566 very soon.
Always remembers trading will give u money ,Not levels.
Today ,Just have a eye on 5378 level.Decisive crossover above this level will take to 5405-5431.
-So think to buy above 5478 level.
Suppose not crosses High of Friday ( 5388 ) and breaks 5358 with volumes then ?
-Watch panic upto 5340-5334 ,5310 level.
-5290 & 5277 are crucial support levels.
-Not Today ,Any day /time it breaks these two levels then watch allround panic in mkt.
I will update more to our Subscribers
Updated at 8:22/12th April/Baroda/India
Happy New Year -2010
Updated at 12:02/1st Jan’10
My New year resolutions of 2010
1. Earn more money. Money money. To support family and life.
2. Of course a good career is neccessary.
3. Without the most important aspect of life — health, point 1 and 2 is useless.
4. Above all, spiritually blessed by God.
5. Lead a simple life. Be contended.
6. More time with family spending quality time with parents, wife and brining up
children.
7. More time with good friends and relatives. Socialize.
8. Have extra spare cash. Be charitable.
9. Have a passive income to be financially independent
10. Be a charisma person.
My New Year’s resolutions for Trading
Trade less. Exercise more patience.
Be patient, buy right and buy big.
Be sure, be not afraid.
Don’t sell out on fear at the bottom of corrections.
Only make pre-planned trades; do not chase the “stock of the day” (more…)
Unique
Trading prowess is learned, not inborn
30 Trading Rules for Traders
What are the elements of good trading?
The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.
100 Tips For Successful Trading
Manage Your Ego
“Everyone wants to feel like a winner. It’s tempting to pat ourselves on the back for making a winning trade, but it’s essential to face the facts: Many times a winning trade is a combination of an astute insight AND being at the right place at the right time. In other words, external circumstances such as plain good luck make you a winner. (more…)