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21st December, 2010

Signs of Reversal.

alphabet1 says: How do you estimate advent of reversal ? What tools - Mclellan, fast rsi, candlesticks, etc. etc. Please carry forward this write up explaining how to catch the

19th December, 2010

Becoming a better trader

Here are several trading mistakes that can devastate a trader’s account.They are all violations of sound money management practices: Not placing stop-loss orders. This allows a small loss to turn

18th December, 2010

More on Stops.

A sensible discussion on the application of stops has started, and, I hope it continues. Gaps Piyush asks: "suppose you close the day at 5890, and so your stop does

17th December, 2010

Setting Stops

If the stoploss is setup at 5880, then I will wait for the close (for me, it is at 15:20 PM) to decide if the stop is triggered or not.

16th December, 2010

Trading Nifty with Support Levels.

Ravi Prasad asks: "sir, today nifty broke down 5880 and closed below 5900. Your level of 5880 is it on end of day basis? bit confused because if the level