no good response from people .so thinking to deleat my blog

INTRADAY FOR 9TH AUGUST 2010

Edserv Softsystems Ltd.
Buy above:218 Targets:221 225 229 234
Stoploss :212
Sell below:208 Targets:205 202 198 195
Stoploss :215


Shopper's Stop
Buy above:656 Targets: 661 667 678 685
Stoploss :643
Sell below:640 Targets: 634 630 622 611
Stoploss :647




Monnet Ispat & Energy Ltd
Buy above: 464 Targets: 468 474 479 486
Stoploss : 456
Sell below: 452 Targets: 450 445 441 433
Stoploss : 469


BF Utilities Ltd
Buy above:947 Targets: 952 961 969 980
Stoploss :930
Sell below:920 Targets: 913 902 892 985
Stoploss : 937


Balmer Lawrie & Company Ltd
Buy above:716 Targets: 722 729 738 745
Stoploss :700
Sell below:697 Targets: 692 685 681 672
Stoploss:709

6TH AUGUST 2010 CALLS

Asian Hotels (West) Ltd.
Buy above: 427 Targets: 435 440 446 452
Stoploss : 417
Sell below: 412 Targets: 405 400 395 389
Stoploss : 427


Maharashtra Scooters Ltd.
Buy above:437 Targets: 442 447 454 462
Stoploss :425
Sell below:420 Targets: 415 410 405 395
Stoploss : 430


Oregon Commercials Ltd
Buy above: 495 Targets: 500 505 511 518
Stoploss : 484
Sell below:478 Targets: 473 467 462 455
Stoploss : 489


Bombay Burmah Trading Corporation Ltd.
Buy above: 620 Targets: 628 636 642 649
Stoploss : 610
Sell below:600 Targets: 594 588 582 575
Stoploss : 613


Godrej Properties Ltd.
Buy above: 739 Targets: 745 750 757 765
Stoploss : 729
Sell below: 724 Targets: 715 709 702 695
Stoploss : 735


Everonn Education Ltd.
Buy above: 562 Targets: 569 575 581 589
Stoploss : 552
Sell below: 545 Targets: 540 535 529 523
Stoploss : 555

F&O CALL

BUY L&T 1800 PUT @ 32.90


S/L 28.90


TARGET 35-40-45










BUY TATA STEEL 540 PUT @15-16


SL=552 ON SPOT.


TRGT 20 22

INTRADAY FOR 3RD AUGUST 2010

Bayer Cropscience Ltd.
Buy above: 885 Targets: 891 898 909 918
Stoploss : 870
Sell below: 862 Targets: 855 848 841 835
Stoploss : 876


Prime Focus Ltd.
Buy above: 423 Targets:430 436 442 449
Stoploss : 415
Sell below:409 Targets:404 396 391 385
Stoploss : 420


Riddhi Siddhi Gluco Biols Ltd.
Buy above: 393 Targets: 399 404 409 416
Stoploss : 385
Sell below: 380 Targets: 374 368 363 352
Stoploss : 390

MORE CALLS GO TO READ MORE




Arihant Capital Markets Ltd.
Buy above: 258 Targets: 264 269 275 281
Stoploss : 250
Sell below: 245 Targets: 241 234 231 222
Stoploss : 253


Bilcare Ltd.
Buy above:502 Targets:510 518 526 532
Stoploss :489
Sell below:480 Targets:474 466 461 455
Stoploss :495

I POSTING MORE CALLS BECAUSE IF ONE MISSED BY SOMEONE SO HE OR SHE CAN TAKE OTHERONE....SO MY ADVISE TRADE ON ALL CALLS WITH LITTLE QTY...SO ONE IN LOSS OTHER IN PROFIT

INTRADAY FOR 2ND AUGUST 2010

Sandur Manganese Iron Ores Ltd
Buy above: 680 Targets:690 696 705 715
Stoploss : 670
Sell below: 650 Targets:656 650 644 637
Stoploss : 665


McDowell Holdings Ltd.
Buy above: 181 Targets: 185 188 192 196
Stoploss : 174
Sell below: 173 Targets: 169 165 162 158
Stoploss : 179


Shakti Met-Dor Ltd.
Buy above: 297 Targets: 303 308 312 318
Stoploss : 288
Sell below: 284 Targets: 280 275 271 265
Stoploss : 293


Prime Focus Ltd.
Buy above: 385 Targets: 391 397 405 415
Stoploss : 375
Sell below: 370 Targets: 364 360 354 348
Stoploss : 388


Shopper's Stop Ltd.
Buy above: 660 Targets: 669 675 682 689
Stoploss : 648
Sell below: 643 Targets: 636 632 623 615
Stoploss : 654

30TH JULY INTRADAY PERFORMANCE

Money Matters Financial Services Ltd.
Buy above: 665 Targets: 669 676 684 689
Stoploss : 655
Sell below: 650 Targets: 645 639 632 624
Stoploss : 660

>>>>>>>>>>>>call not active<<<<<<<<<<<<<


Cox & Kings (India) Ltd.
Buy above: 505 Targets: 511 517 524 529
Stoploss : 495 SEE
SEE TODAY 505>>>>>>>>520


Shopper's Stop Ltd.(VERY HOT)
Buy above: 635 Targets: 641 646 652 660
Stoploss : 625
SEE TODAY
635>>>>>>>>>>>>>>>657 ALMOST ALL TRGT HIT

Venky's (India) Ltd.
Buy above: 663 Targets: 668 673 684 690
Stoploss : 650
SEE TODAY 663>>>>>>>>>>705 ALL TRGT HIT

GAVE 4 CALL ONE NOT ACTIVE OTHER ALL ROCKS...

WHT U WANT STILL???????

THNX WHO SUPPORT

INTRADAY FOR 30TH JULY 2010

Money Matters Financial Services Ltd.
Buy above: 665 Targets: 669 676 684 689
Stoploss : 655
Sell below: 650 Targets: 645 639 632 624
Stoploss : 660


Cox & Kings (India) Ltd.
Buy above: 505 Targets: 511 517 524 529
Stoploss : 495
Sell below:490 Targets: 485 479 472 468
Stoploss : 500

Shopper's Stop Ltd.(VERY HOT)
Buy above: 635 Targets: 641 646 652 660
Stoploss : 625
Sell below: 617 Targets: 613 605 601 595
Stoploss : 628

Venky's (India) Ltd.
Buy above: 663 Targets: 668 673 684 690
Stoploss : 650
Sell below: 647 Targets: 642 635 630 622
Stoploss : 657

INTRADAY FOR 27TH JULY 2010

Reliance Industrial InfraStructure Ltd.
BUY ABOVE 890
SL 880
TRGT 900 905 910+


TCS
BUY ABOVE 850
SL 842
TGT 855 860 865 875+


VIPIND
BUY ABOVE 400
SL 394 TGT
405 412 419+


HERCULES
BUY ABOVE 263
SL 255
TGT 269 272 280+

JACKPOT CALL>>>>>>>>>>>>>1

BUY ING VYSYA BANK LTD ABOVE 373


SL 365


TRGT 380 384 389 395+

INTRADAY AND POSITNAL BOTH.....

GRAB IT IF BUY PRICE CROSS ON OPENING BELL...

JACKPOT CALL>>>>>>>>>>2

BUY CORE PROJECT FUTURE ABOVE 283


SL 275


TRGT 290 297 305+


1000 SHARE LOT GRAB IT

ONE CAN BUY IN CASH....

GRAB IT IF BUY CALL ACTIVE ON OPENING BELL...

INTRADAY FOR 23TH JULY 2010

B L Kashyap & Sons Ltd.
Buy above: 348 Targets: 353 358 362 368
Stoploss : 341
Sell below: 341 Targets: 336 332 325 321
Stoploss : 348


Hindustan Oil Exploration Company Ltd.
Buy above: 231 Targets: 235 241 245 252
Stoploss : 225
Sell below: 225 Targets: 220 216 211 204
Stoploss : 231


Precision Wires India Ltd.
Buy above: 141 Targets: 143 146 149 153
Stoploss : 138
Sell below: 138 Targets: 135 132 129 126
Stoploss : 141


Coromandel International Ltd.
Buy above: 512 Targets: 516 522 528 536
Stoploss : 505
Sell below: 505 Targets: 501 494 487 481
Stoploss : 512

IMP NOTES:

DNT PUT ALL UR MONEY IN
SINGLE TRADE.....FOR BEST RESULT DO ALL TRADE IN SMALL QTY
IF MY BUY LEVEL CROSS ON OPENING BELL THN BUY BUY BUY
IF MY SELL LEVELS CROSS ON OPRNING BELL THN SELL SELL SELL
IF BUY LEVAL CROSS AND SL HIT AND THN DO UR TRADE IN REVERCE AND SHORT SAME AS VICE VERSA
ALWAYS BOOK PARLTY PROFIT ON EVERY RISE....DNT WAIT FOR TRGT

IMP NOTES: DNT PUT ALL UR MONEY IN

SINGLE TRADE.....FOR BEST RESULT DO ALL TRADE IN SMALL QTY
IF MY BUY LEVEL CROSS ON OPENING BELL THN BUY BUY BUY
IF MY SELL LEVELS CROSS ON OPRNING BELL THN SELL SELL SELL
IF BUY LEVAL CROSS AND SL HIT AND THN DO UR TRADE IN REVERCE AND SHORT SAME AS VICE VERSA
ALWAYS BOOK PARLTY PROFIT ON EVERY RISE....DNT WAIT FOR TRGT
THNX

INTRADAY FOR 22TH JULY

HAPPY TRADING TO ALL MY FRIENDS...



BGR Energy
Buy above: 749 Targets: 757 764 770 778
Stoploss : 736
Sell below:736 Targets: 728 720 713 703
Stoploss : 749


Bajaj Finserv Ltd.
Buy above: 438 Targets: 442 449 454 458
Stoploss : 430
Sell below:430 Targets: 426 421 413 409
Stoploss : 438


ARSS Infrastructure Projects Ltd.
Buy above: 1225 Targets: 1232 1243 1258 1266
Stoploss : 1205
Sell below: 1207 Targets: 1197 1188 1175 1160
Stoploss : 1225


FOR MORE CALL CLICK READ MORE...



Empire Industries Ltd.
Buy above: 737 Targets: 745 753 759 762
Stoploss : 720
Sell below: 720 Targets: 712 705 695 688
Stoploss : 737


Zodiac Clothing Company Ltd.
Buy above: 559 Targets: 566 572 578 582
Stoploss : 544
Sell below: 544 Targets: 540 532 525 518
Stoploss : 559


Royal Orchid Hotels Ltd.
Buy above: 79 Targets: 81 83 87 89
Stoploss : 76
Sell below: 76 Targets: 74 72 70 68
Stoploss : 79

WHO R HOLDING MY CALLS PLZ HOLD WITH SAID SL....IF SL HIT EXIT DNT WAIT FOR MAGIC.....

WE WILL EARN FRM OTHER CALL....

REMEMBER CASH IS KING.....

PLZ SHARE THIS BLOG WITH UR FRINDS....

THNX FOR UR SUPPORT
WOLF

SHORT TERM

BUY DLF ABOVE 321
TARGET IS 332
IN 2 DAYS NO STOPLOSS REQUIRED

SESAGOA
BUY ABOVE 360
TARGET IS 368 375 380
WITH STOPLOSS OF 350

IMP NOTES: DNT PUT ALL UR MONEY IN

SINGLE TRADE.....FOR BEST RESULT DO ALL TRADE IN SMALL QTY
IF MY BUY LEVEL CROSS ON OPENING BELL THN BUY BUY BUY
IF MY SELL LEVELS CROSS ON OPRNING BELL THN SELL SELL SELL
IF BUY LEVAL CROSS AND SL HIT AND THN DO UR TRADE IN REVERCE AND SHORT SAME AS VICE VERSA
ALWAYS BOOK PARLTY PROFIT ON EVERY RISE....DNT WAIT FOR TRGT
THNX

INTRADAY FOR 20TH JULY 2010

Hindustan Copper Ltd.
Buy above: 490 Targets: 495 502 508 515
Stoploss : 480
Sell below: 480 Targets: 476 472 466 461
Stoploss : 490


BF Utilities Ltd.
Buy above: 862 Targets: 869 874 883 895
Stoploss : 842
Sell below:842 Targets: 835 831 823 812
Stoploss : 862


Torrent Pharmaceuticals Ltd.
Buy above: 587 Targets: 593 598 604 609
Stoploss : 573
Sell below: 573 Targets: 568 561 556 551
Stoploss : 587

Everonn Education Ltd.

Buy above: 563 Targets: 568 572 578 584
Stoploss : 550
Sell below:550 Targets: 544 540 532 525
Stoploss : 563


Eicher Motors Ltd.
Buy above: 974 Targets: 979 985 992 999
Stoploss : 960
Sell below:960 Targets: 954 947 936 927
Stoploss : 974


Balmer Lawrie & Company Ltd.
Buy above: 671 Targets: 675 682 689 696
Stoploss : 660
Sell below: 660 Targets: 655 649 645 635
Stoploss : 671

BUY DLF 320 CALL

BUY DLF 320 CALL AT 5.50 TO 6.50

SL 4.25

TGT 8 10 12

BUY JPASSOCIATES 130 CALL

BUY JPASSOCIATES 130 CALL @3


SL=125 SPOT

TGT=5 7 9

TIME FRAME INTRADAY AND 3 TO 5 DAYS...

Diamond Power Infrastructure Ltd

Buy above: 206 Targets: 209 212 216 220
Stoploss : 201
Sell below: 201 Targets: 199 196 192 189
Stoploss : 206
TOUCHED THE 3RD TARGET

INTRADAY FOR 20TH JULY 2010

Eicher Motors Ltd.(VERY HOT IF U GET ON OPENING BELL GRAB IT...)
Buy above: 953 Targets: 960 968 976 983
Stoploss : 938
Sell below: 938 Targets: 930 923 915 900
Stoploss : 953


Rallis India Ltd.
Buy above: 1207 Targets: 1212 1219 1228 1239
Stoploss : 1180
Sell below: 1180 Targets: 1175 1168 1161 1152
Stoploss : 1207


Canara Bank
Buy above: 484 Targets: 489 494 500 508
Stoploss : 473
Sell below: 473 Targets: 467 462 457 451
Stoploss : 484


JSW Energy Ltd
Buy above: 127 Targets: 129 132 135 137
Stoploss : 124
Sell below: 124 Targets: 121 118 115 112
Stoploss : 127


UTV Software Communications Ltd.
Buy above: 469 Targets: 473 479 486 495
Stoploss : 461
Sell below: 461 Targets: 456 450 444 438
Stoploss : 469



IMP NOTES:




DNT PUT ALL UR MONEY IN SINGLE TRADE.....FOR BEST RESULT DO ALL TRADE IN SMALL QTY


IF MY BUY LEVEL CROSS ON OPENING BELL THN BUY BUY BUY


IF MY SELL LEVELS CROSS ON OPRNING BELL THN SELL SELL SELL


IF BUY LEVAL CROSS AND SL HIT AND THN DO UR TRADE IN REVERCE AND SHORT SAME AS VICE VERSA


ALWAYS BOOK PARLTY PROFIT ON EVERY RISE....DNT WAIT FOR TRGT


THNX

ONE BETTER WAY TO CHANGE THE WAY YOU TRADE. OPTION TRADING WILL BE ONE TOOL TO PLAY SAFE.

Worldwide hedge funds and HNIS’ make huge profit in option trading. But
small investors’ do not understand the pros and cons of option trading.
Sometimes their bad experiences with options trading make them think
against this.


• Generally a small investor buys a option suppose at 5 ,when it
becomes 6 or 7 he immediately sells it, but never sells when it becomes
3, even wait for last minutes on the expiry day hoping some miracle to
happen, thereby losing his entire investment.


• Use trailing stop-loss and target, keep very close watch on F&O build-up.



• More money can be made not buying, but in selling option, but for
that you have to master yourself first with some basic principles


• Normal stop-loss theory will not work in case of option. It depends on the value of underlying and the days left in expiry.


• Buying and selling options at right price is very important as there
is no much liquidity in most of time, so premiums are arbitrary,
generally fixed to take small investors for a ride. Never buy options
when a News broke by so called BREAKING NEWS on television, as premiums
are jacked up much before releasing the news.


• Never invest your whole investible fund in one option call hoping to multiply your capital overnight, as risk is equally high.


• Make disciplined investment in options at regular intervals with a little diversification.
Hence the moral of the story big money can be made with small capital in safest way of option trading

IT'S ONLY COMMAN SENSE ! !

Common sense can be brutally honest sometimes. As traders we get so focused on the little inconsequential detaisl sometimes that we miss the world around us. I have had this discussion with too many people over the last two months that told me they were bearish on the market and were taking a beating on the “high probability” that the market would reverse. Who sets those odds by the way? Are trends more likely to reverse than persist? If so, why the hell are we studying technical analysis?



Take a look over these trading rules I stumbled across last year and see if there are any realities that surface from them. Each time I look these over it reminds me of the realities of what we do here.



1. No matter what you read about trading, until you use an approach and test it with your money on the line you will never learn how to trade. Paper Trading is NOT Trading!!!!!



2. If it were really possible to “Buy Low Sell High” or “Cut your Losses and Let your Winners Run”, then almost everyone would be making money rather than losing it.



3. Remember that there is ALWAYS someone on the other side of your trade who is using a trading technique exactly the opposite of yours who hopes to make money with his system.



4. If 90% of all traders lose money, they must be following generally accepted trading rules. The 10% who win do not!



5. You trade your beliefs and your beliefs about your system. If you have a problem with yourself, fix yourself first.



6. Impatience, Fear and Greed will make you poor. Any need to trade is rooted in greed and impatience.



7. If you really understand the markets then YOU KNOW that there is the same opportunity on every time frame, in every market, every single day.



8. Waiting for the perfect trade is “chickening out”, and caused by your lack of faith in yourself or your system.



9. Any hardwired, automated trading system sold that truly works 70 or 80 or 90 percent of the time in every market would be worth hundreds of millions of dollars and would not be for sale at any price.



10. Asking “How small an account do I need to begin trading” is asking to be wiped out.



11. Having a series of winning trades early can be more hazardous to your account than a series of small losses.



12. Learn to trade before you trade. If you win or lose without understanding why, you will never develop a winning strategy.



13. Ninety five percent of everything you hear from everyone about the markets and the markets “reasons” for doing what it did or will do are lies. Neither you nor anyone can predict the future. You can only make educated guesses about potentialities.



14. Asking someone (such as using a service) for advice on where the market is going is a sign you should be on the sidelines until you understand the market better. If the upcoming market direction is not obvious to you, you should not be risking.your money You will lose often enough even when you are right.



15. There is NO GUARANTEED way of making money in the Markets or anywhere else. NONE, NADA, ZIP, ZERO! All you can do is increase your knowledge about yourself and how to estimate the probability of placing a winning trade. Then trade by taking controlled and measured risks.
STOPLOSS STOPLOSS STOPLOSS STOPLOSS STOPLOSS STOPLOSS
Posted by WOLF at 9:30 PM 0 comments
“no sl reqd”… This line takes me back to the times of late 2007, an year that witnessed Indian market’s biggest fresh rally after harshad Mehta. I remember crazy euphoria all around… You name a price level for astock and vola!! It used to come. Ppl were trading in huge leveraged positions, and the theme used to be buy and sell in every 5%. thousands were made, no doubt. The uptrend was so stiff and sustained, that it taught people that no point booking loss on sl and just hold. “sl lagana hai rakh lei”? was the mantra.



Then the inevitable crash happened. i had advised to my frnds strictly at 6200 that tgt 6354 then 5900. Same thing happened, nifty went up to 6358 then cracked to 5900. Ppl said it’s rpower and don’t worry… This taken for granted attitude was something fii was hunting out for and hell broke loose. We advised 4400 tgt and nifty went there.. But still many of my frnds incurred terribly huge losses. When ppl revisited what went wrong, they understood. It wasn’t adviser’s mistake, rather they didn’t keep the little word ‘sl’!



That was a turning point. Now having a lesson learnt, ppl don’t dare to trade without sl. Infact now they ask sl first and tgt later. But this compulsification of stoploss isn’t right thing either. First, there are different kind of trades; Second, this has given rise to a trend of breaking support and then a rally (wolfwave).



There are different kinds of trade. Some are buy on dips, some are accumulative, some are buy above or buy at a level. What is stoploss? It’s a level beyond which the assumption goes useless. It’s certainly not that loss ho gaya bhaago bhaago… It is applicable only in the case of buy above or buy below or otherwise. Stoploss means that the basis is no longer valid hence no point holding bcz of that reason. It nowhere means that the stock will fall bcz some other reason might be supportive. But one must be disciplined and shd execute stoploss. There are trades based on larger sudden undervalutions or overvaluations. If suzlon has fallen from 200 to 50, the sudden price correction is a valid reason to buy and even if it goes to 40, the reason of buying remains intact. So basically stoploss is the conditional argument of a trading idea and is not necessarily indicator of total risk. Big money is made only when you buy on major dips… Then there are self hedged and hedged trades too.



This over precaution by Indian traders has made fii use it as an opportunity. In 2007 mkts used to respect support levels much more than what they do today. Now supports break, people exit and stocks rally. This is called a wolf wave, and this disturbs the overall pattern a lot.



Timing the stoploss: nowadays there are spikes. Hence now atleast 1 min movement must be locally seen to ensure that it wasn’t a spike. Reliance on bse went to 840 for minutes and pulled back. How to handle that?



So in my view, stoploss should be maintained in the trades it is critically required. One must also be open to ideas which do not carry a stoploss. But not putting a stoploss does not mean to expose yourself to huge risk… You can manage the risk by many ways.

WHAT IS THE “EDGE” YOU HAVE IN THE MARKETS

What is the “edge” you have in the markets


We know how an “edge” is important to succeed in business in life.
Extending this concept to markets, what ” market edge” do you have? Do
you really know your competition? Do you know which sharks are there to
take your money away?

First for short term traders-Do you know whom you are competing with?
You are competing with quant focused hedge funds who only hire PHDs in
Nuclear Physics,Maths etc. And most of their trading is algorithmic and
automated,which means by the time you decide to buy/sell,the computers
might have already decided something which is going to go against
you!They have got all the money, resources and talent to suck money out
of the market.


To accompany these hedge fund folks are the investment banks which have
all the insider information about companies in the world because of
their existing relationship with these guys.


Do you really feel you are smart enough to beat these guys on short
term trading? And you felt that making money on short term is so easy?


It makes me wonder how people spend countless days and hours working on
building and maintaining edges in their profession, they never try to
acquire an “edge” before they enter the market. If you feel you watch
CNBC and NDTV profit, so you have an edge-so does your neighbour.
Infact he doesn’t even understand English so he watches the ‘Hindi”
version!


If you feel, you read 10 magazines that gives you the edge, so do
others!Anything available in public domain usually doesn’t give you any
“edge”.


Do you have a systematic “method” of investing ? Have you clearly
defined that “method”?Have you clearly tested that method?Does that
“edge” work in all market conditions?
Do you know your return target ? Do you understand risk?


If you have not thought of any of things above, then market is more
like a “casino” to you.And you might fall in the category of “gambler”
and all of us know how gamblers win big time only to lose bigger the
next time!


The intention of asking these questions is not to scare you or anything
but tell you that “Investing/Trading” business is not “that easy” as it
“looks”! Much beyond the buy and sell equation.


So what can an individual investor do?


I always seek “expert” opinion on subjects I do not know about.
Someone’s whose knowledge I can trust. Sometimes it is from friends and
sometimes paid.It keeps me on the right track and saves me time.


So if you feel you are not an “expert”but want to grow your WEALTH you take other’s help. If you real passion for this field and have the time and energy, you can start doing your own research.


As an individual investor you might require tools or support that can help you have an edge.


Despite all this,if you are fond of shooting in the dark, then keep on
trying your “luck” in the markets. Keep on looking for “hot tips”!


But remember in markets,there are no free lunches. So whether we are
investing 50,000 or 5 lakhs , the rules are the same.Markets punishes
us badly if we have not done our homework well.

WHAT SEPARATES THE 10% THAT MAKE MONEY FROM THE 90% THAT DON'T?

1. 10,000 hours
In his recent book Outliers: The Story of Success, Malcolm Gladwell describes the 10,000-Hour Rule, claiming that the key to success in any cognitively complex field is, to a large extent, a matter of practicing a specific task for a total of around 10,000 hours. 10,000 hours equates to around 4hrs a day for 10 years. For some reason most people that 'try their hand' at trading view it as a get rich quick scheme. That in a very short space of time, they will be able to turn $500 into $1 million! It is precisely this mindset that has resulted in the current economic mess, a bunch of 20-somethings being handed the red phone for financial weapons of mass destruction. The greatest traders understand that trading much like being a doctor, engineer or any other focused and technical endeavor requires time to develop and hone the skill set. Now you wouldn't see a doctor performing open heart surgery after 3 months on a surgery simulator. Why would trading as a technical undertaking require less time?
Trading success, comes from screen time and experience, you have to put the hours in!
2. Education, education, education.

The old cliche touted by politicians when they can't think of anything clever to say to their audience. The importance of education to success in trading cannot be placed on a high enough pedestal. You have to learn to earn, the best traders work obsessively to refine their edge further to stay ahead of the curve.

3. Think for yourself.

"NO! NO! NO!"... "Bear Stearns is not in trouble"..."Don't move your money from Bear! That's just silly! Don't be silly!"

A quote from well known stock guru Jim Cramer aired on CNBC days before Bear Stearns lost 90% of its value. Many followed this call and felt the obvious pain as a result. As the old saying goes, too many cooks spoil the broth; it is very much the same in trading. Successful traders blinker themselves from the opinions of others; they focus on their own analysis of fundamental and technical information.

4. Adapt or Die.

Market conditions change and technology advances, thus the conditions for trading are always evolving, the rise in mechanical trading is testament to that. The very best traders through a process of education and adaptation are constantly staying ahead of the curve and creating ever new and ingenious methods to profit from the markets evolution.

5. Fail to plan, you plan to fail.

The best traders have a well documented plan; they know exactly what they are looking for and follow that plan to the letter. Their preparation for a trade starts long before the market open, it is this meticulous planning and importantly adherence to that plan that helps them avoid the biggest demons for any trader, over trading and revenge trading.
6. "Be like Machine"

As human beings emotions pay a key role in our existence, for a trader emotions can be a source of great pain. Trading psychology and the management of your emotions in a trade play a key role in overall success. Fear and greed can cut your winners short and let your losers run. Dealing with emotions follows on from your plan; the more robust your plan the less likely you are to fall into the emotional mine field.

7. Know your tools

Every trader has a set of tools they use, DOM, Charts, News feeds etc. These tools are a trader's bread and butter; they are the most vital part of a trader's arsenal, without which it would be impossible to trade. The best traders have mastered their order entry methodology, they know all about the features they need from their charts. This mastery of their tools, allows the trader to get the very best out of the resources they have available to them and ensures perfect execution of their trading ideas.
8. Know Thyself
Behind all the egos and excess, the best traders know their limitations; they focus on what can go wrong in a trade, and expend a lot of energy in limiting and controlling their risk before thinking about profits. They have a heightened sense of self-awareness and focus on incremental self improvement.

9. Profit & Loss

The best traders focus on the trade itself rather than the P&L; they view each trade as a technical exercise and focus on getting the most out of the market in accordance with their plan. They do not think in terms grocery payment, the electric bill and the desire to make X amount to cover a mortgage payment. Focusing on the money behind a trade can cloud technical objectivity.
In Conclusion
The greatest traders work hard to get ahead and even harder to stay ahead. Through increased and niche knowledge they constantly adapt with the market and remain profitable in every environment. Drive, tenacity and the will to succeed is the greatest edge of every successful trader.
10 STEPS TO GET RICH FROM STOCK MARKET
Posted by WOLF at 9:40 PM 0 comments
If you are a keen observer of the trends in the financial markets and the history of large scale success and failures of it, there is no way you won’t know the legend that Warren Buffet is today. The richest man in the world, he started buying stocks in Berkshire Hathaway when it cost around $ 7.50 and is the chairman of the company today, with one share of this company’s class-A stock coming close to $ 119, 000. Alice Schroeder, a writer, recently interviewed this most successful man of our times. Listed below are the ten ways or tips for get rich frm share market... dat i feel dis is essential for success so dive in and get rich more quickly:

1. RE INVEST YOUR PROFITS
Don’t spend, just re-invest! This is Buffet’s motto in life. Early on in his life, Warren Buffet started ‘reinvesting’ with the little money he made in high school and step by step, venture after venture, he built enough capital to start buying.

2. Be Willing to be Different
A key to success is to do and do well what not everyone is doing. Buffet started collecting cash for these stock market investments from mid-1950’s and looked out for under-valued investment that didn’t attract as much attention as other high-value investments. However, this successful and carefully planned gamble played off and these investments ended up beating the market average by vast margins.

3. NEVER SUCK YOUR THUMB
This is what Warren buffet calls procrastinating. He says that success comes not from thinking over things repeatedly; you should make quick decisions and not take so much time that you let the opportunity pass you by. Buffet makes his decision on the spot; when an offer comes to him he asks to be sent the price of the investment and gives his final word without losing anymore time.

4. SPELL OUT THE DEAL BEFORE YOU START
It is very important, to use the legend’s words, to make clear what you expect from the deal and what you have to offer right at the start. It is right at the start of the deal that you have the most leverage to get the most out of it. Don’t get yourself into a deal and set what you want out of it at ‘negotiable’.

5. WATCH SMALL EXPENSES
Save on little things as much as you can. Warren Buffet has been known for investing in businesses whose managers watch even the smallest expenses. It is with little things that you pave the way for greater management and it is, hence, very important to monitor the smallest of details in a business.

6. LIMIT WHAT YOU BORROW
Warren Buffet realized the importance of this much before the economic recession taught it the hard way to people all across the world. Too much debt is never good for any venture. His personal experiences and those narrated to him have taught him that it is better to negotiate with your creditors, pay off what you owe them and then save enough to have back-up options.

7. BE PERSISTENT
With great persistence, and ingenuity comes great success, Buffet feels. His embodiment of this principle is apparent in his acquisition of Nebraska Furniture Mart whose owner turned it from a pawnshop to the largest furniture shop in North America through persistence in underselling the big giants.

8. KNOW WHEN TO QUIT
From his experience of losing all his weeks earning in betting on horses, Buffet learnt that even the risks you take have to be well-planned. As important as it is to take initiative, it is even more important to know when to stop and what risks not to take.

9. ASSESS THE RISKS
Stand outside the circle of the situation, assess the best and the worst-case scenarios and then act accordingly. This advice he gave to his son as well when the owner of his company was charged by FBI for price-fixing and he had to make the tough decision about whether it would be potentially beneficial to stay with the company.

10. KNOW WHAT SUCCESS REALLY MEANS
Success is a relative term; do not define it on the lines of what others think success is but on the basis of what success means to you. Success may not be an entirely monetary concept; you should judge success relative to what satisfies you. For Buffet, it doesn’t mean more money or hospital wings named after him but linking himself to charities in an anonymous manner. This is what being successful means to him at the end of the day.

ONE BETTER WAY TO CHANGE THE WAY YOU TRADE. OPTION TRADING WILL BE ONE TOOL TO PLAY SAFE.

Worldwide hedge funds and HNIS’ make huge profit in option trading. But
small investors’ do not understand the pros and cons of option trading.
Sometimes their bad experiences with options trading make them think
against this.


• Generally a small investor buys a option suppose at 5 ,when it
becomes 6 or 7 he immediately sells it, but never sells when it becomes
3, even wait for last minutes on the expiry day hoping some miracle to
happen, thereby losing his entire investment.


• Use trailing stop-loss and target, keep very close watch on F&O build-up.


• More money can be made not buying, but in selling option, but for
that you have to master yourself first with some basic principles


• Normal stop-loss theory will not work in case of option. It depends on the value of underlying and the days left in expiry.


• Buying and selling options at right price is very important as there
is no much liquidity in most of time, so premiums are arbitrary,
generally fixed to take small investors for a ride. Never buy options
when a News broke by so called BREAKING NEWS on television, as premiums
are jacked up much before releasing the news.


• Never invest your whole investible fund in one option call hoping to multiply your capital overnight, as risk is equally high.


• Make disciplined investment in options at regular intervals with a little diversification.
Hence the moral of the story big money can be made with small capital in safest way of option trading

IFB Industries Ltd.

IFB Industries Ltd.
Buy above: 147 Targets: 149 153 156 159
Stoploss : 143
Sell below: 143 Targets: 141 138 135 132
Stoploss : 147

BUY TATA STEEL 520 CALL

BUY TATA STEEL 520 CA @ 9.5

SL : 5

TGT : 12 & 15 & 17

IN 2 TO 5 DAYS

Vinati Organics Ltd.

Buy above: 84 Targets: 87 90 92
Stoploss : 81
Sell below: 81 Targets: 78 76 74 72
Stoploss : 83
2 days target

Exide Industries Ltd.

Buy above: 136 Targets: 138 140 143 146

Stoploss : 132
Sell below: 132 Targets: 129 126 123 121
Stoploss : 136