DO NOT ACCOMMODATE TOO MANY TRADE'S AT THE SAME TIME

'One can not chew to many cakes at the same time'.

just eat one by one and enjoy the taste of the food.Let your system absorb the food completely.

"Chew your food and don't swallow it!"

- if you swallow the food in a hurryburry way, your stomach may upset that spoil your health.

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Create your wealth as a 'PASSION'.

Be totally into it without Greed and Fear.

The greed and fear are the Two enemies of your wealth.

As i used advice to many of my fellow traders that, Do not take too many positions/trade at one point of time.Many time the market induce the traders mind and dispel their trading inteligent;the trader simply unaware what is going to happen,they simply jump and take too many positions at a time.The market may swirl like a wild strom at anytime, just by a small news or rumours..This may change the trend of the market and go aginst your current position..So..

ALWAYS BE AWARE

1.'Be Aware - ' The RISK's involved behind each and every trade that you may make.

2.Be calculative of the the trade which you are about to make.Have pre-plan on both sides PROFIT/LOSS.

3.Manage and utilise your money/investment wisely and precisely as much as you can.

4.Do not take positions beyond your affordability/capacity.just because it is available or the over limit provision given to you by your broker.

5.Dont be greedy and Do not encourage yourself to make money too fast.just go step by step and be rooted in the ground reality.

6.Loosing money is as easier than the money you try to make out from the market.so be smart enough to keep your investment safe.safety first is first thumb rule here.

7.Be focus on one trade and sqaure it with a profit and wait for the right moment for the next trade,if there is no chance for you again to make a trade,..nothing maters;it is wiser to be idle than loosing money.Don't do trading for the sake of trading. Just be cool,relax now and than. many time rest/calmness is required to have a more clarity that will enhance your skills of trading.

8.In my experience i have seen many traders, trade in the market to recover their prvious losses.They used to be bit aggressive trader without being aware about the current trend that plays in the market environment.it is a very bad attitude of a trader. just be fresh and blank and approch each and every of your trade as a new trade with new approach , and this will make you to understand the current scenario of the market.

9.'UN-LEARN' - I Say,'unlearning is as important as learning'.

Many time too much of knowledge spoil your trade and decision making.knowledge courrupts.you simply make too many technical analysis/parameters and miss the real pulse of the market. so 'IGNORANCE IS BLISS'

10.Consistency is one of the main aspects of a succesful trader.Because they never overboard.

11.Too many positions can easily put you in a state of confussion/ imbalance, if you are not good enough to monitor. So it is always better do deal one or two positions at a time that too in one segment of The market.i.e- F and O / Equity.

Lastly,but not least,i need to convey unto you is-

' one can not reach the destiny by keeping one's leg in two boats'

Mr Zuckerberg,(FOUNDER)FACE BOOK,Youngest Millionaire

Mark Zuckerberg

Born May 14, 1984, was a Harvard undergraduate when he started the Facebook social networking website. An early fan of computers who had developed a "smart" mp3 player in high school, Zuckerberg had previously been reprimanded by the Harvard administration for his Facemash site, a Harvard-specific photo rating site that operated like HotOrNot.com but used photographs taken from Harvard's online facebook, without the subjects' permission. (A facebook, lower-case, is a collection of student photographs designed to introduce students to each other.)

In February of 2004, he started "The Facebook," which took the goals of those lower-case traditional facebooks and combined them with the social networking of Myspace-like sites. Unlike Facemash, The Facebook was opt-in -- any Harvard student could create an account, and by the end of the month, more than half of the undergraduates had done so. Zuckerberg expanded the service quickly, offering it to all Ivy League schools by the end of the spring and more schools the following semester. The Wirehog site was created as a companion filesharing site for Facebook users, and by the end of 2004, The Facebook had over one million registered users.

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The advertising revenue made it easier to raise venture capital, and Zuckerberg and his associates purchased the facebook.com domain from its previous holder and dropped the "The" from the site's name. Over time, Facebook became more and more inclusive, opening its doors to all college students, faculty members, and alumni (anyone with a confirmed educational-domain email address), and in 2006 added networks for high school students. Since fall of 2006, the site has been open to anyone who wishes to join -- a shift away from the student-centric origins which many users have decried.

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Meanwhile, a Craigslist-like Facebook Marketplace has been added to the site, along with a platform for offering applications. Microsoft purchased a 1.6% stake in the company for $240 million in October of 2007, and the following month the Facebook Beacon service premiered -- a controversial initiative that blends marketing and social networking, which has come under considerable criticism for the way that it can broadcast information about a user's activity outside of the Facebook site, without adequately warning them.

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Zuckerberg moved to Palo Alto to operate Facebook full time, taking a leave of absence from Harvard; the Facebook offices now occupy four downtown buildings.

Trading hours for Indian stock markets will change from '4th jan 2010'

India's current trading session is for around 5.5 hours, and will increase to 6.5 hours

from 4th January 2010; Data Source: Bloomberg reports

After much confusion comes the final decision. Trading hours for Indian stock markets will increase by around 55 minutes starting January 4, 2010. Both the leading stock exchanges - BSE and NSE - will then be open from 9 am to 3.30 pm. This change in timings comes as part of the SEBI's earlier proposal to increase trading hours to reduce the gap with other Asian markets that open ahead of India. As today's chart of the day shows, trading hours in India will now match those in Singapore and the US.

* India's current trading session is for around 5.5 hours, and will increase to 6.5 hours from 4th January 2010; Data Source: Bloomberg reports.

who will benefit from this increase?

Brokers won't - as their costs would increase as they would probably require two shifts to match Asian markets' trading hours. Fund managers won't - as they would get less time on research and analysis of companies and spend more time looking at the ticker tapes.

NIFTY TODAY -Pre-Market study

As per the yesterday graph shown above the NIFTY may Rebound back into its range bound trading , to attain this the market may sustain and slightly move up towards 5090 plus level.

NIFTY -Yesterday

HIGH- 5067

LOW- 5001

CLOSE-5042

NIFTY TODAY

S2-4971

S1-5006

PIVOT-5037

R1-5072

R2-5102
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Today nifty may be 'back to square one' and move/try to sustain the level above R1.The opening may be a marginal gap down and from there it may claim up to the Hurdle Range-'5042'.

if, it can crossover this 5042 level with massive buying may lead the NIFTY to break y.day high and can go to 5082 level and beyond.

BE A SUCCESSFUL TRADER

Who can be a Successful traders?
The Answer is "YOU"

(If you fallow these dicipline's)

* Successful traders have absolute control over their emotions, they never get too elated over a win and too depressed over a loss.

* Successful traders seldom think of prices too high or low.

* Successful traders do not panic, they make adjustments rather than revolutionary changes to their trading style.

* Successful traders do not flinch at making the decision to take a loss, they never let loses ride and never add to loosing trades. (One old trader told me he thought his positions like stock in a store. If something sells it’s making you money and you add to that line, if something does not sell it is losing you money so you discount and unload it).

* Successful traders treat trading as a business not a hobby.

* Successful traders stay physically fit.

* Successful traders are prepared for all eventualities on any given trading day. they come to work with a plan that includes many contingencies and not what they just hope will happen.

* In your trading program you should therefore have answers to the following what if:prices open sharply higher or lower?

The market is quiet?

The market is very volatile?

The market makes new highs?

The market makes new lows?

The market goes up early then reverses later?

The market goes down early then reverses later?

* The successful trader only trades with money he/she can afford to loose.

* Trading can result in substational looses. It is also exciting, exhilarating and can be very ADDICTIVE. The more you are emotionally involved in your money, the harder it will be to make objective decisions about market entry and exit.

* Successful traders spend as much time focussing on money management as they do on trading methods.YOU DO NOT HAVE THE PROFILE OF A SUCCESFUL TRADER IF YOU DO NOT HAVE AT LEAST SOME OF THE ABOVE TRAITS.

* Successful traders keep a low profile.* Successful traders listen to the markets. Unsuccesful traders try to impose thier will on the market.

Article Source- Mr.ILANGO,JUST NIFTY

He is one of my inspirations to trade in nifty

An extraordinary mind-' Paul Samuelson changed economics forever '

Source- The pioneer Link-http://www.dailypioneer.com/222728/An-extraordinary-mind.html

Paul Samuelson changed economics forever The world of economics lost one of its greatest stalwarts on Sunday as Paul Samuelson passed away at his Belmont, Massachusetts residence at the age of 94. Samuelson is credited with having provided the study of economics with the mathematical tools that have become indispensible to economic analysis today. In that sense, he is responsible for transforming economics from an essentially theoretical field of study to a practical science. His defining books Economics and The Foundations of Economic Analysis, changed the way academicians, politicians and the general public looked at economics.

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Most of what is taught in economics at the high school and undergraduate levels across the world today is fundamentally based on Samuelson’s books. In 1970, Samuelson became the first American to be awarded the Nobel Prize for Economics for doing, according to the Swedish Academy, “more than any other contemporary economist to raise the level of scientific analysis in economic theory”. Apart from his academic achievements, Samuelson also had a significant role in shaping American economic policies during the Kennedy era. It was on the basis of his advice that John F Kennedy used to formulate his economic agenda.

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But Samuelson’s lasting legacy is his propagation of the Keynesian model of economics. It is because of Samuelson’s efforts in popularising Keynesian economic principles among academicians and politicians alike that the world at large has dumped the concept of an absolutely free market economy with no Government control. As a result, even the most capitalist economy today is one that is regulated to a certain degree. This has held the world in good stead, something that can be gauged from the way Governments around the world have handled the recent economic crisis. Unlike the Great Depression of the previous century, this time around Governments responded by undertaking a slew of financial stimulus packages. The response has been rooted in Keynesian philosophy and has stemmed the freefall the global financial system seemed to be stuck in. Hence, had it not been for Samuelson and his work, the latest financial crisis would have been far more devastating than it turned out to be. Finally, no tribute to Samuelson can be complete without acknowledging his contribution to the economics department of the Massachusetts Institute of Technology. It was through a lifetime of hard work that Samuelson turned MIT into a leading institution for economic studies. It would be apt to say that it was due to Samuelson that MIT was able to attract brilliant students such as George A Akerlof, Lawrence R Klein, Paul Krugman, Franco Modigliani, Robert C Merton and Joseph E Stiglitz who in turn went on to win Nobels themselves. With Samuelson’s death, the world has lost a brilliant mind.

NIFTY -PRE-MARKET STUDY FOR 16 DECEMBER

Nifty fell down from 5125 level to 5020 approx.After about two weeks,nifty future First time broke the rangebound and came down 5018 level .A long waited fall has come true today.Now nifty is in over bought zone and a new expectation among trader is, it may fall further.In my view the nifty 20DMA today Is just 1-point less than yesterday i.e 5080 Vs 5079 respectively.Very negeligible change as far as DMA is concern. Tomorrow the nifty may open above the pivot and expected to touch 5097 and it may go up to the R1 Level.There is a hurdle for nifty in 5137,crossover with volume will lead nifty to 5173 level.

NIFTY TODAY
HIGH- 5129.45
LOW - 5018.25
CLOSE -5033.05

NIFTY TOMORROW
S 2-4949
S 1-4991
Pivot-5060
R 1-5102
R 2-5171

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TREND REVERSAL..May be possible.

There may be a change in nifty direction/trend.play safe while going long/short.if nifty trade above the 20DMA Avoid short.or keep 5090 as your stoploss.

The Global index's is not giving a clear cut direction/insights.As though the world index's shows the mixed cue's.

NIFTY -PRE MARKET STUDY TODAY,THAT WORKED WELL

Our pre-market study That worked very well for today trading . we have done some pre-study for today market and posted the same for our valuable readers.many people thanked me for the exact prediction stated and that helped the day trader to mint money.In response to this,many over-whelming mails have come and the inbox is filled. i am very glad to notice this,but on the same time i also request the reader to make out their own decision During trading hours.One may fallow any number of sites and its recomandation as well as rumours...nothing wrong in it,but fallow your own 'Trading Instinct' and the decision making that helps the individual a lot. we have nobody to blame for our good and bad.The GOOD/BAD is the choice of the individual.So take resposibility our all your action.

As we stated early morning in this site 'the market fall from the day high almost 100 plus points' .

if , anyone would have fallowed and done a trading as per the suggestion given ,one would have made Rs.5000.00 profit in intraday.(NIFTY Mega 1 lot-50x100=5000).

*******

Anyhow our intention is to create the wealth for all our viewers.

Why Indian Market Stuck Within the Range Bound

FOR THE BETTER VIEW OF THIS GRAPH-DOUBLE CLICK ON TOP

The market is really stuck within a narrow range bound.The graph of nifty for the past five days shown above...shows the trading was really tussle between two walls up and down from 5082 to 5188.The real trading activity is limited Between 5094 to 5167..it was a kind of mood breaking /very shallow.it is not able to break up/down decisively with volumes..very sober trading Days.

My views for tomorrow i.e 15th Dec, the market may fall after a long stagnation..the bears may take charge of it...the advance tax report is going to come..something is hidden..there is a reasons-to make up.

NIFTY ON- 14/12/2009
HIGH-5156.70
LOW - 5090.15
CLOSE- 5105.70

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NIFTY FOR -15/12/2009
S 2-5050.95
S 1-5078.30
Pivot-5117.50
R 1-5144.85
R 2-5184.05
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' NIFTY ' 20 DAYS MOVING AVERAGE - 5081

KEEP STOPLOSS FOR ALL YOUR LONGS.

If the market 'open above the pivot just observe a while to identify the trend' of the market and also keep an eye and ear in the media news..than decide and jump to take a position accordingly.For short keep R1,R2 as stop loss.

for long keep yesterday low as a stoploss OR keep the 20days DMA As a SL .

WISH YOU A HAPPY TRADING.

'LET US MAKE ABUNDANCE WEALTH'

Dead Cat Bounce - video

Many Times During our trading hours, we used wait for the right moment to enter into the market simply by Buying some stocks / Derivative / Commodities... we simply wait,wait to gain a better price or expect a some more lower price , so that we can have some mileage and a kick back momentum to exit...In those times the market really test all our patiance.. it won't come down, instead it certainly jumps up within no time for no reasons...By the time now, All our patiance will be gone and we really don't know what to do at this point....??

We make a hurry burry decision to buy the script at the current level- high/Market price...just by Thinking/Assuming it will go further high's ,so that we can make some profit/ money out of it. The price at what level we bought may be the highest price of that day.in this kind of situation, 'what happens many times are , the market totally change it direction' ( U -TURN) from up to down (FALLING KNIFE) and even some time break the earlier low points... un to the lowest.

What is all this ?

This is what called the ' DEAD CAT BOUNCE '.
I Have found the above video in youtube that simply and very effectively elaborated all this fact in Neat format. A single picture is fair enough to tell thousand news/stories.. is proved once again.