Comments on Trading Steps: Trading is serious business, not a game

Sudharshanji (My name is Rangan) So this is what a...

2010-01-12T20:55:05.440+05:30

Sudharshanji
(My name is Rangan)
So this is what all about 'horse trading!'. Having a full time job I also bit my hand once in while treading in 'shorts' (I meant trading), Sir) Now I am strictly into delivery mostly not less than one month.

Dear Sudarshan, I've been paper trading the nifty ...

2010-01-12T12:08:40.466+05:30

Dear Sudarshan,
I've been paper trading the nifty 50 stocks and comparing some of the stock picks of others from TV 18 for a while now and have been doing well. I've been using stockhastics, 20 dma, volume charts and MACD indicators to see stock moves. Stockhastics have very successfully indicated many a times overbought and oversold stocks, I was having trouble with predicting

i belive that its tuff to predict market , so why ...

2010-01-11T14:17:55.147+05:30

i belive that its tuff to predict market , so why not draw a line around a pivot point and trade in following way.
BUY ABOVE THt line if sustain and sell below if...

i m big fan of yours, gets most simple and useful ...

2010-01-11T14:14:16.195+05:30

i m big fan of yours, gets most simple and useful insight from you everyday.. want to know about automated trading , searching for this from a long time.

Sir, According to my reading ABAN has broken ou...

2010-01-10T23:03:38.593+05:30

Sir,
According to my reading ABAN has broken out on weekly timeframe.I am posting for the first time so i dont whether my observation is correct or not. Kindly comment.

Regards

sir, I am a big fan of u and appreciate ur teach...

2010-01-10T17:39:06.139+05:30

sir,

I am a big fan of u and appreciate ur teachings.

My question will help not only me but also many unprofessional traders. Please go through.

I am not a professional trader and lost much amount but still trades (ofcourse looses). I am addicted to it.

I used to trade in futures now i trade in options.

Finally i decided for one plan.
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SIR CAN U PLEASE POST UR ELLIOT WAVE ANALYSIS ON ...

2010-01-09T20:48:11.671+05:30

SIR

CAN U PLEASE POST UR ELLIOT WAVE ANALYSIS ON NIFTY MONTHLY AND WEEKLY CHARTS FOR LONG TERM INVEST MENT DECISIONS

THANKS

my suggestion is never develope bias, a profession...

2010-01-09T18:57:16.291+05:30

my suggestion is never develope bias, a professional traders should only trade on charts. I have seen many traders taking shorts on dubai crisis day wen nifty was recovering tho there was buy signal on chART, even i did same but i exited my shorts immidiately. Similarly i noticed same many times. If a stock is in uptrend a day trader should watch only current days trend for buying, like

RESPECTED SIR THE WHOLE WORLD IS BEARISH ON U.S ....

2010-01-09T01:15:31.737+05:30

RESPECTED SIR

THE WHOLE WORLD IS BEARISH ON U.S . SOMETIMES BACK I EVEN HEARD FROM RAKESH JHUNJHUNWALA THAT U.S STORY IS OVER .
BUT LOOKING AT THE 100 YEARS CHART OF U.S,IT DOESN'T SEEM SO ,IT LOOKS THAT DOW IS IN A MULTI YEAR RANGING MARKET WHICH OFTEN HAPPENS IN A BULL MARKET, AND THAT'S WHAT THE THEORY TELLS US
IT HAS HAPPENED MANY TIMES BEFORE. EMERGING FROM

Dear Sir, Is there any difference between trading...

2010-01-08T22:22:57.637+05:30

Dear Sir,

Is there any difference between trading methodology and trading style? And yes then please tell what are the difference between them? Because as you have said in this blog only that Swing Trading is style of trading so what is trading methodology?

Hi Sudarshan, May I ask you how can one extend his...

2010-01-08T13:53:44.137+05:30

Hi Sudarshan,
May I ask you how can one extend his profits on a trade which is going right in one's direction. My problem is I tend to book out early. I am not being greedy here but I want to know.
They say, if its been a good day, make it a great one!

Dear Sir, Thank you once again for bringing up t...

2010-01-08T10:55:07.733+05:30

Dear Sir,

Thank you once again for bringing up topics of professional trader. Its really painful to see people loosing money by trading in futures
Louise Bedford of www.tradingsecrets.com.au has thrown light on this topic

It is tempting to feel that if you have been successful in one area of your life, this should spell automatic success in the financial market

Thanks for a very prompt reply on SAR etc. You hav...

2010-01-08T01:05:01.139+05:30

Thanks for a very prompt reply on SAR etc.
You have said a very imp. thing to begin a day:"First establish a BIAS". Now in this context I wish to ask you, as to HOW DO mkt. technicals help you to establish a bias ? As, for a new or layman trader, overnight US mkt. or SGX or general country news set the initial tone for such a bias. But out of your expertise, I wish ask you to help

Very fair advice. Still, it would be great if you ...

2010-01-07T20:37:34.636+05:30

Very fair advice. Still, it would be great if you could post about how one should go about setting stop-losses. Both for long and short trades. Also, where to set it when one takes a new position vs when the position is in good profit. Thank you.