Tuesday, October 25

Why Do Traders Lose? Part-I

Why Do Traders Lose?
This study showed that less than 2% of traders were profitable net of all fees.
In fact:
  • 40% of day traders quit within a month
  • 87% of traders quit within 3 years
  • 93% of traders quit within 5 years 
All sorts of reasons are given for it, such as money management,black swan events, poor trading strategy.
It doesn't seem to matter how many books you buy, how many seminars you attend or how many hours you spend analyzing price charts, you just can't seem to find a way of being profitable over a long run.
Today we will discuss few mistakes a traders should avoid if they want to be profitable over long run.

Not Having a Trading Method

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Arvind Rel Infra ZEE Technical Analysis

Arvind

arvind

Intraday Traders can use the below mentioned levels

Buy above 364 Tgt



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Monday, October 24

Nifty Bulls unable to break gann resistance zone, EOD Analysis

fii
  • FII's bought 2.7 K contract of Index Future worth 154 cores ,8.9 K Long contract were added by FII's and 6.2 K short contracts were added by FII's. Net Open Interest increased  by 0.3 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures.  Want to be a Good trader Move out of your comfort zone 
 As discussed last Analysis 8710-8732 is crucial range for bulls as its gann resistance  and 8601-8610 is support on downside below which bears will start   warming up again. Between the range choppy move continue. High made today was 8737 so bulls were unable to breach the gann resistance zone, Its been 4 trading days in which bulls were

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Bank Nifty continue to trade above 19700,EOD Analysis

 As discussed in Last analysis   Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. Fridays close was 19710 above 19700 High made today was 19898 and low made was 19750 so Bank nifty continue to trade above 19700 and moved higher. Till 19700 is held we can see move towards 20000/20400. Bearish only on close below 197000 for target of 19500/19200. Tomorrow is important date as per time analysis and impulsive move can be seen in next 3-4 days  Want to be a Good trader Move out of your comfort zone

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Titan Adani Dish TV Trendline Analysis

Titan

titan

Positional Traders can use the below mentioned levels

Close below 377 Target 373/369/364

Intraday Traders can use the below mentioned levels

Buy above 381 Tgt


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