Monday, December 28, 2009

ending 2..

ALL ENDINGS ARE JUST BEGININGS.
WE JUST DONT KNOW IT YET (at that time)

ending

when someting beautiful ends , we are all pained , unable to detach ourselves and be the 'observer' as wise people have said.
a lot of times ,whenever in a close relationship ,we fail to answer honestly : is this a relationship of convenience, because of inertia , because of fear of change, because of money, power, looks that the other has or simply because of proximity?

one of my favourite quotes

The only defeat is the acceptance of DEFEAT.There is no failure except in no longer TRYING.
There is no defeat except from within , no insurrmountable barrier except our own inherent weakness of purpose.
-- Elbert Hurbard

Monday, December 21, 2009

new read

read 'logical trader' by fisher.
a very good book.
i ll be wriitng about his concepts and what i found usefula and practical

Tuesday, December 15, 2009

turning points and physics

physicists believe that at turning points say creation/annihilation /big bang etc. the standard set of rules breakdown. similarly when the market experiences such a breakdown of rules and limits and capitulates, it marks a turning point.thats what we had in spx at 667 and a lot of other markets.a breakdown of rules and limits .
this implies that those levels will not be seen again in forseeable future.thats why i say that spx has a floor at 750 .

Wednesday, November 11, 2009

MACD & Moving Averages

i have been trying to get a hang of these two widely used indicators: moving averages and their crossover and MACD.

Saturday, November 7, 2009

Gain with Right Analysis

A crucial aspect of my trading plan and one thing that i am greatly interested in, which is the only way one can sustain in the long term, is gains made with right analysis.

Aspects of a Trading Plan

1. Trade Contemplation
2. Trade Entry
3. Trade Management
4. Trade Exit
The above 4 are the stages of a Trading Plan.A lot of effort goes into the first two stages of Contemplation and Entry.However Trade Management and Trade Exit are often neglected especially for independent traders.
Each of the 4 stages above are important aspects and hence time and effort for development of each has to be given.

lets begin

The objective of creation of this blog is to put my own thought across, maintain an online trade journal and possibly exchange trade setups and management.