Intraday tips, day trading

stock tips, share tips

DAILY FREE TIPS

Intraday Trading

Traders Mental Map

Day-Swing-Position Trading

Beware of Scammers

Trade Blunders – Crimes of Thinking

Making Money Through Day Trading

Junior Nifty Stocks

NIFTY 50 STOCKS

Recommended Share Trading Books

Retail Traders - Cause of Failure

Trading for a Living

STOCK MARKET- Trading Rules

Traits of a Good Share Trader

What makes a Trader

INTRADAY SHARE TRADING TIPS

Intraday Trading-Watch Out For These Factors

Retail Traders and their Day trading Success

How to Interpret and trade Open Interest

Intraday Trading Break Out Method Trading

Intraday Trading Ways Explained

Stock Picking Methods and Strategies

NIFTY 50 STOCKS

Guidelines for Intraday Trading

CANDLESTICK CHARTING IN INTRADAY TIPS

FUTURES AND OPTIONS IN INTRADAY TIPS

TYPES OF OSCILLATOR APPLICABLE IN INTRADAY TIPS

Swing Index Oscillator used in Intraday Tips

Accumulation/Distribution Oscillator Used in Intraday Tips

Aroon Oscillator used in intraday Tips

Average True Range(ATR)Oscillator used in intraday Tips

Bollinger Band used in Intraday Tips

Demand Index Used In Intraday Tips

Adx Used In Intraday Tips

Macd Oscillator used in intraday Tips

Dynamic Moment Index Oscillator used in intraday Tips

RSI Oscillator used in intraday Tips

JUNIOR NIFTY STOCKS

COMPULSORY ROLLING STOCKS

Momentum Index Oscillator used in intraday Tips

CCI Oscillator used in intraday Tips

Chaikin A/D Oscillator used in intraday Tips

Chaikin Money Flow Oscillator used in intraday Tips

Chande Momentum Oscillator Oscillator used in intraday Tips

CMF OSCILLATOR USED IN INTRADAY TIPS

DAY TRADING

DEMA OSCILLATOR USED IN INTRADAY TIPS

DEMAND INDEX OSCILLATOR USED IN INTRADAY TIPS

DETRENDED PRICE OSCILLATOR USED IN INTRADAY TIPS

DIRECTNL MOVEMENT ADXR USED IN INTRADAY TIPS

 
Nse tips,  Nifty Tips

Trade Blunders – Crimes of Thinking

consider the following list of blunders, consider how much money you've lost or failed to make as a result of these "crimes of thinking".

* There's too much risk. This is basically an excuse for fear. It's been said that "you don't know how deep a hole is until you stand in it". This applies to the risk of trading as well. If it's the degree of the money at risk that's bothering you then there are many ways in which this problem may be resolved. Risk evaluation is an intangible. If intangibles scare you then don't drive a car. If you really think about what could happen to you on an expressway then you'll not want to drive. If you think about the risk of trading then you won't trade.

* I don't feel good about this trade- it scares me. Here's a favorite cop out on the list of excuses. Assuming that your signal to trade came from a computer or from a mechanical trading system then your excuse is without merit. Your computer had no idea that you don’t like the trade. Nor does the computer care about your feelings. Following feelings or “the force” may have been good for Luke Sykwalker, but it's totally bogus approach when signals come from a mechanical system or a computer.

* The trade looks good but. . . Here's a worthless bit of reasoning. The signal looks good but. . . BUT WHAT? You want to get in cheaper . . . you want to wait for a pullback . . . you want more confirmation . . . you want to wait for a report . . . you want to wait for the next signal. . . . You want to talk to your broker first. . . EXCUSES . . . all poor excuses, which are the bastard child, of what you think is good thinking! You might as well wait to ask your dead grandfather if the trade's good.

* Let's see how the market opens before I enter my order . . . let's check it after the first hour of trading . . . lets put in an order below the market...above the market. Here’s an excuse I’ve used hundreds of times. IT’S ALL B.S. I TELL YOU! These are also fatherless children of the crime, which comes from too much thinking. Stock trading is very much a game of stimulus and response. The signal is your stimulus and you must make the proper response.

* It just doesn't look right - and last, but by no means less absurd is the "it just doesn't look right" excuse. This one comes from truly deep thought. It comes from an analysis of the economy, trends, possibly even volume and open interest, and of course, from the input of too many traders and advisors. It you want to get totally confused and frozen into inaction think about -all the facts and opinions, evaluate them all, throw them into the hopper and decide that you can't decide because something doesn't seem right. Here's the real thinking traders excuse. And it's another totally worthless one.

Try a little experiment. Make a commitment to take the next ten trades without thinking about them. After you've done so evaluate your results. See how you've done. See how you feel. Here's what I think you'll find: you've spent less valuable time on meaningless thought; you've made the trades you were supposed to make; you’ll feel better about yourself-more confident and more secure; and you've probably made money as well.

 
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