Daily dose

My Blog List

Blogs to frequent

Feb 20, 2010

intra-feb 18



on feb 18 both two trades made loss
brokerege 300
first trade had a loss of 15 pts
net loss rs.1050
after market study revealed that loss was due to fall in daily ATR and 5-ATR is 68.65.(if 5-atr falls below 70 intra trade becomes tough)

must read

must read

ad/dc

Trading quotes

"A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business" - Van K Tharp


"Trade with an edge, manage risk, be consistent, and keep it simple. The basis of all successful trading can be summed up in these four core principles." - Curtis Faith

The charts ARE always right. It’s your interpretation of them that’s usually wrong. – Darren Miller .




"The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks." - Peter Lynch
.
.

When stocks are attractive, you buy them. Sure, they can go lower. I`ve bought stocks at $12 that went to $2, but then they later went to $30. You just don`t know when you can find the bottom.- Peter Lynch


Average people believe the financial markets are driven by logic and strategy... Smart people know they're driven by emotion and greed,,,