Saturday, July 31, 2010
The next thing is booking profits early. Even though it is not as evil as running the loss, it too have the same financial disaster. If you couldn’t make big profits in the long run, then what is the use of trading in the markets, that too with big risk associated with it.
Be a trader who book loss early and allow to run your profits. As legendary trader Jesse Livermore said ‘ Sitting right and sitting tight ‘ will give good profits in the long run
Posted by rajkumar r at 12:57 AM
Labels: stock trading, trading stock a mental game, What skill is really needed for a trader in stocks
Wednesday, July 21, 2010
The Government of India has shortlisted five symbols to finalize in one symbol from that. Finally, the symbol designed by Udayakumar from Chennai has got the nod of the government and he was awarded Rs 2 lakhs cash prize. Now the Government has to seize the opportunity that is being created in International arena as an important world power to market the symbol in financial world to popularize the symbol.
The Re symbol is not just a symbol, it is the symbol of India's pride, importance and dominance in international arena. We all know how the USD $ and Euro are dominating the world trade. Hope the Indian Rupee will rule the world one day.
Wednesday, July 7, 2010
Monday, July 5, 2010
In 1909, 'The ticker and Investment Digest" Magazine reported they had oversaw his trading for October of that year and it included 286 winning trades and 22 losing, a win rate of 92%, which is unthinkable even now.
He also hinted what ever happened in stock market had happened earlier. He said, ‘History always repeats itself’. Later, he used astrology in predicting the stock market movements. And also Gann described the use of geometrical angles in the stock market.
After acquiring a huge fortune, he started teaching students of Technical Analysis. He wrote the following books;-
- How to Make Profits Trading in Puts and Calls
- 45 Years in Wall Street
- Truth of the Stock Tape
- How To Make Profits in Commodities
- Truth of the Stock Tape and Wall Street Stock Selector