Thursday, 30 June 2011

1 July

Positional SAR[Stop and Reverse] 5492
Long Triggered from 5378 Close 5655 +277 Points 

1 July
NiftyFuture[5655]:
Resistance
5680
Support
5630
Happy Trading !
 

Wednesday, 29 June 2011

30 June

Positional SAR[Stop and Reverse] 5464
Long Triggered from 5378, Todays close 5604 +226 Points

30 Intra
NiftyFuture[5604]-
Resistance
 5625
Support
5575
If trades above 5625 then Target ????????? 
HappyTrading

Tuesday, 28 June 2011

29 June

Positional SAR[Stop and Reverse]:5438
Long Triggered from 5378, Close5549  +171 points.

29 June Intra
NiftyFuture[5549]
Resistance
5585
Support
5510 
HappyTrading 

Monday, 27 June 2011

28 June

POSITIONAL SAR [stop and reverse] 5418
Long triggered from 5378, Close 5534 +156 points

28 Intraday
NiftyFuture:5534
Resistances
5595
5565 
Support
5505
5475
HappyTrading 

27 Intra

Shorted 5520 TSL triggered 5526.05

Sunday, 26 June 2011

27 June

POSITIONAL SAR [Stop and reverse] 5397.
Long triggered from 5378, Close 5484 [+106points]

27 IntraDay
NiftyFuture[5484]:
Resistances
5560
5520
Support
5450
5410 
HappyTrading

Saturday, 25 June 2011

Is Trading difficult, Why ?

1.Need to trust MoneymanagementSystem to weather 10 Losses in a row.
2.Tuff to internalize that its the 5-6 huge monthly runners that is the big payoff-days
3. It takes considerable time to mathematically think & act like trader !
4.Trading is a performance skill which requires mastery of every element of trading.
5.It requires time Capital & considerable effort to achieve the experience.
6.It takes several attempts at different trading methodology to Synchronize with a traders personality &Cognitive strengths.
7.To survive in trading requires weathering the lengthy.