Greed in investors leads them to hang on to winning positions too long, trying to extract every last tick. This trait can be devastating to returns because the trader is always running the risk of getting whipsawed or blown out of a position.
But greed is not easy to overcome.
That’s because within many of us there is an instinct to always try to do better, to try to get just a little more. A trader should recognize this instinct if they have it, and develop trade plans based upon rational business decisions, not on what amounts to an emotional whim or potentially harmful instinct.
Money management is the key to trading survival. You can get almost everything else in the planning process wrong, but if the money management aspect is right you will survive.Conversely, if every other aspect of the trading plan is perfect, you will fail if money management is incorrect. Without money management all of the wins, big and small, can be destroyed in just a few losing trades.
Short Term Support at 6779—————————6769 level. Once Breaks with volumes and sustains below will create PANIC upto 6738-6728 level.
It Kissed low of 6735 & closed at 6753.95
Trade with Eyes Open -During Trading Hrs :Avoid TV ,Music ,Film ,Cricket ,Rumours ,Results ,Fundamentals & Economic +Political News !!
No Need to Change levels ,Today Just Watch 6728 level.
If Breaks with volumes and sustains for 15-20 minutes ,PANIC upto 6697-6687 is possible
Inverse Head & Shoulder :NECKLINE at 6650-6600 level (Yes if slides to this level ……………….Really Great Buying Opportunity )
Today’s Hurdle at 6766—————-6774 level.
Crossover with volumes will create Buying ,Will Update More to our Subscribers
Between 6700————6650————–6600 level (In Panic ,Buy Nifty Future )
Buy 7000-7200-7500 -May Call !We are Still Holding June 7000 Call Bought at 110 & U know it zoomed to ??
Just Need Patience Upto 16th May only
Now Result Season had Started :We are again writing…………..Don’t believe numbers (Already Insiders ,CC people ,Mutual Fund ,Fiis knows the number and they make position 5-10-15 days back only )
This Time U all Watch ………..How Media Manipulates Stocks During Trading hrs (Check out Volumes of Stock )Before and After Result on TV Screen !!Nobody will ask and Nobody will Question !!
Yes ,Our Short Term Targets are Intact……….Click above Link !
Everything Already Decided …………Who will become FM ,What are the Policies ………….Once BJP will come to Power
And All Things are Known to Few CORPORATE Houses and 101% Everything will be Controlled by Mumbai only
More Will Update to our Subscribers ,
Updated at 7:54/16th April/Baroda/India