ALL NIFTY- BANKNIFTY-OPTIONS AND STOCK WILL UPDATE ONWARDS...

AUTOROBO TRADE DEVLOPED NOW ALONG WITH SERVER SET UP :09960708936

AUTOROBO TRADE HAS BEEN TRADING ITSELF AFTER ONCE INSTALLATION IN YOUR 

SYSTEM WITH 

ACCURATE CALCULATION OF LOSS/PROFIT.

Feel free to call on 9960708936

Encourage Motivation :

What is Price Action?

Price Action (PA),  in the most traditional manner , is the analysis of price movement. This is usually the analysis of the price without the use of any mathemetical indicators.In the other words.Price action should be represented purely by the movement in the price of a secuirity.

Price Action is usually analysed through Price Charts. The uses of price charts are common in financial markets where the movement of securities is observed using the price Bars (also known as OHLC Bars) or Candlesticks. Price can be analysed for different time periods as well.

Japanese Candlesticks analysis, Price Patterns as well as Swing Highs/Lows are other forms price action analysis. This is because all the above analysis place great focus on price movements only.

Although many traders know about PA and they admit that it is important, unfortunately, what surprises me still is that some novice traders will jump into a trade as soon as they see a low test bar or Doji bar without really understanding what the price is telling them.

Novice traders do not realise that there are patterns within patterns and, unless you understand the overall story, some patterns can be deemed meaningless. What many don’t realise is that every bar has a story. These stories that I’m talking about are stories of war – the war between the buyer and sellers. Without going into too much detail, the goal of each story is to identify the winner of these wars as the winner who will control the market, as opposed to simply spotting the patterns.

TRUE & FACTS -Golden Rules of Trading...

Golden Rules of Trading

DISCIPLINE  is the bridge between the GOALS and ACCOMPLISHMENT. - JIM ROHN

Discipline

Discipline is doing right thing at the right time...every time! Survival in this business is dependent on the right decisions.  

Risk Management

Always use stop loss. Don't hold or average loosing position. 

The Market Is Always Right

Don't UNDERESTIMATE the power of Market...Do not try to IMPOSE your own theory on the market and try to BE RIGHT to satisfy your EGO. The market has relentless power... no matter what YOU may think. The Best Traders are the first to admit ( to themselves and the Market ) that they made a mistake. 

Trade Probabilities not Tips

Trading on tips is gambling. Traders always use their own trading patterns which are suitable to them. Using their trading ideas ends up in making losses. So find out trading pattern which suites you. Trade what you see not what you fear or doubt. There is no too high or too low... the Market will do what the market wants to do no matter what you think. 

Trade for Skill, Not the Money

Always be a student and trade to improve your skill. Take learning from Successful and Experienced Traders. Money will automatically come. 

Losses are the Part of Trading

Making Losses is the part of trading business. Even Best Traders also loose money.You will never win 100% times.

Follow Money Management Rules

Don't take over exposure or do over trade. This  will destroy you as a trader. Money management addresses the preservation of existing and accumulated capital. Without the implementation of strict adherence to money-management principles, even the best trading strategy will not succeed.

                        

Psychology of Trader

Only Mentally strong Trader survives in the Market. EVERYTHING CONTAIN IN THIS SESIONS  NIFTY POSITIONAL COURSE Winning or loosing can create powerful emotions which distort reality. The more you win or loose, the better or worse you feel, and your ego takes over. 

  

Why Nifty Futures...!

Why Nifty Futures...!

BENEFITS OF NIFTY FUTURES TRADING

• Nifty futures is the largest traded instrument/ Product on the National Stock Exchange tracks the most popular broad-based stock index benchmarks in the Indian financial world.
• 
  
• Nifty futures contracts are traded electronically via electronic order management software on a PC or through a registered broker over the telephone.
• 
  
• Nifty futures gives moves of both sides i.e. UP and DOWN which gives you consistent income.
• 
  
• You will get higher exposure in lesser deposit.
• 
  
• Nifty Futures have very high liquidity i.e. there are huge amount of contracts traded every day. This ensures that market orders can be placed very quickly as there are always buyers and sellers.
• 
  
• Because of High liquidity and large number of participants it is impossible to manipulate the movement of Nifty which is done in many other stocks.

9 personal finance mistakes to avoid

All of us have made these mistakes, so let's begin by seeing how many of them we can avoid/minimise...

I am normally a person who likes to say 'be careful' rather than say 'do not break it'. The mind always sticks to the most important word -- so the 'break' sticks in our head. However there are a few mistakes that I have been seeing and hearing from IFAs, websites, etc. and think it is necessary to summarise them in one place.

1. Optimism

This is a lovely thing to have, except when it comes to investing. When people invest in equities they have some outlandish expectation -- say 28 per cent CAGR (compounded annual growth rate) or 17 per cent CAGR. No clue who gives them such 'lofty' expectations. Yes, some of us have got it in the past, but hey we have perhaps just been lucky.

A Rakesh Jhunjhunwala or a Vallabh Bhansali have got much higher returns, but you have no clue about the efforts and team work that has gone behind all this. A Naren Sankaran (Of ICICI) or a Motilal Oswal is perhaps capable of getting far better returns, but their risk taking capacity and sheer size of funds managed puts a huge limitation to the returns.

So please temper your expectations.

Just because you expect less it does not mean you will not get it. Keep your expectations at a far more realistic 20-25 per cent OVER PPF returns -- so if you get 8 per cent in PPF, expect to earn about 10-11 per cent over a long period of time, tax free. It can do magic to your portfolio over say 50 years like it has done for some of us early starters.

2. Risk and return

The fact that you take more risks DOES NOT MEAN YOU HAVE TO GET greater returns. It is not your RIGHT; it is just that the odds favour you. If it were so certain, there would be no risk at all. Long term can mean really long term -- say 13 years and you may have just lost patience after 12 years and 5 months.

Be very clear that for goals that are 7-8 years away equity is a good investment, but you will need a back up plan just in case it backfires.

3. Consumerism

Buying every shiny thing on the store shelf or on Amazon and Flipkart are not the way to create wealth. When you feel like buying something, wait. Think of the last 5 items that you bought and what you did with that. Clearly the manufacturer and the shop keeper want you to buy all that is made and displayed. It is up to you not to do so.

Investing more and for a longer period is the only route to a great portfolio.

4. Complications

Planners love to complicate things, ignore complex plans. Simpler plans are far superior.

5. Inertia

Good and noble intentions will not protect your family or create wealth for you. So get off your backside and get that term insurance, medical insurance, provident fund nomination form, ...NOW and start your investing programme, NOW.

If you do not believe this, see the amount of money lying in bank deposits, savings banks, post offices around the country!

Even better see your own savings bank account and see how much of interest has been credited. Kickass start.

6. Impulsive actions...

...while in spending, investing, saving, eating and health issues only lead to pain later on. Learn some meditation and act in leisure. Relax, do not get bullied by bankers, contractors, salesmen, cousins, friends, television experts -- by anybody.

Collect all the data, and then sleep over it for a day. Take a decision after a few hours, preferably 24 hours. Do not believe the agent who says "this scheme is closing..." Some agents have been using it for the past X number of years and doing it very successfully. When you have the money, a new scheme is born every day. Usually in a better form.

7. Ask

Ask the people who know before you invest. Parachutes are to be on your back BEFORE you eject from the plane, it cannot be sent to you mid air...

8. Greed

If you have invested in 50,000 shares of a company at Rs 30 a share and the price goes up to Rs 50 in two weeks time, great. Partial booking -- of say 1000 shares every time a share jumps an X per cent is not a bad idea at all.

It is only the owners who can ride a share from its start to eternity -- like a Premji or a Narayana Moorthy can/ will do. Yes there are many theories here, but hey, greed kills more than it makes you go. Be careful.

9. Mess

Do you have 40 items in a portfolio worth Rs 1 crore? You are a mess. You need to have no more than five. Okay make it 8, but not more. So please prune the mess, and clean it up.