The coast is clear!!!

Well the uncertainty that loomed across the market has  thinned as the Politics drifted back to the side of the Government to show its strength and resilience. Traders need to bear in mind that the risk is always high in their chosen field. Therefore stick to a plan and make it work.

Short Term Trading Strategies - 3 more were closed. 2 stopped, 1 Sale.....whilst 2 trades were added.

Trading is hard when you rely on your self. That's why a plan with rules are needed to make you a strong and bold trader. It is not easy. Therefore many do not want to stick to it. But if you need to be a professional trader and increase your discipline then you need to stick to your plan.

3 new trades were closed during the week that ended on the 23rd. But 2 had to be stopped at the STOP prices whilst 1 was a Sale at the SELL price. As we know the market was not friendly for traders during the last two weeks hence getting out with 2 stops wasn't that bad. However that is the life of a trader. You need to train your self to a plan, and training for that is not easy.

2 new trades were added, as such there are 13 open trades now.....

You can view the list here:
https://docs.google.com/spreadsheets/d/1YDdK1JHGGSc8i52P21vCK8MNto2-Y0H4l53PLE_ms04/edit#gid=1284556771

Future Direction unclear. Hold!!!

Politics have once again confused all directions. As long as the direction is unclear it is not advisable to do any trading or investments. Hence staying out is advisable. Any opportunities that would be profitable will be posted as and when spotted. Let's wait cautiously on the sidelines. 

Short Term Trading Strategies - Another 2 more closed at the Target

Your eyes will show you a picture but in reality if you do not learn to put things on record you are only watching a dream. The reality is not what your eyes are saying to your mind. However if you want to be a disciplined trader the list of trades I am covering in the google sheet will certainly be helpful. I consider it as my duty to give you the true way of trading without taking you through a Garden Path into a Pipe Dream.

4 trades were executed, a few are nearing targets. link is here:
https://docs.google.com/spreadsheets/d/1YDdK1JHGGSc8i52P21vCK8MNto2-Y0H4l53PLE_ms04/edit#gid=1284556771

2 Trades were executed with 11% and 7% within 2 days

In my last post under the caption " Traders!!! Time to learn to trade to a plan. $10 or $50 is enough to start in the CSE too." I shared a link to my google sheet, where I track the Short Term Trades since last Friday, the 2nd Feb 2018. I will be updating this sheet on a daily basis with the executed trades and the new entries.

The link is as follows: https://docs.google.com/spreadsheets/d/1YDdK1JHGGSc8i52P21vCK8MNto2-Y0H4l53PLE_ms04/edit?usp=sharing

As you would notice there are 3 Price variants, namely Buy, Stop and Sell. I must clearly mention that it is very important to stick to these levels including the Stop. If the trade goes against you please accept it and Stop the trade at the given Price. When you start practicing this you will build the discipline of trading at the lowest volumes, which will help you to preserve your cash, and also trade without being blocked by your own emotions, views and perceptions.

 As you can see there are 2 trades we could have executed today. In a matter of 2 days these 2 trades have given returns of 11% and 7%. 

I must say that this is something that you need to practice and master. You must do it else it will be futile in the efforts of Trading. 

Please go through them and watch how this is working. If you feel that there is a purpose in this effort then you will be able to follow them.

If you are interested you may even ask me for further information.

I will interact with you only if you want me to.

Traders!!! Time to learn to trade to a plan. $10 or $50 is enough to start in the CSE too.

If you are a Forex Trader the first thing you must know is that you are trading on other people's money and not yours.  But is that what you know?
In forex you are told to deposit $50 and trade OR in options you know that with $10 you can start trading. Some say they love you so much that they will give you a bonus of $1 for every $1 you deposit. See how these foreigners love us.
But in real effect what happens is that your $50 or $10 is leveraged 1:400 or 1:500 times. As you know or may not know what does that mean, it is like this. Say you deposit $50 for a 400:1 leverage, it means that you are given a loan of 400x50 = $20,000. So you have to learn to protect your $50 and avoid getting forced sold.  So you learn and learn, talk to forex traders in chat groups, learn their strategies, get coached, do demo trading, and finally as soon as possible you put your $50 and start trading a real account. Opening a real account also has a process, unlike the demo account. For the demo account you need only a few minutes, but a real account need more documentation, and verification to happen before the account is opened. Once done you deposit $50. In rupee terms it is 50x155 = Rs. 7750.00. But that is an amount that you may lose as it is very difficult to protect that kind of money in the forex market. Then what happens you may burn that and tell your self that you learnt from your mistakes and put another $50, and another , and another etc etc. Then you are told that $50 is very small, and you need to put a large amount. So as you think you can make money because many are earning you put more. The more you put the more tensed you are, as such your trading is tensed. It is not a wonderful experience when you are tensed and stressed. Are you one of them? IF you are like that don't feel sorry, there are many like you BUT they don't tell you. Why are you just allowing your money to be burnt?

In the CSE your Rs.7750 is enough to start. The good news is that your money is not added with  a loan to buy. In Forex what ever you buy or short is added with the loan part. Even if you buy for $2 with your $50, that $2 is leveraged @ 400:1 or what ever the leverage is. In the CSE it is not like that. The money you have deposited belongs to you. The weakness amongst the traders in the CSE is that they want either the same busyness of volatility to happen like in the forex or other stock markets. As it is not busy and active like those markets, the traders think that you can't make money by applying the tricks you do in the Forex markets. Don't be fooled, the good news is that you can apply the same rules and strategies in the CSE. Other issue is the stop loss. Since it has to be put manually many do not bother doing that. That is the biggest mistake. The trick in the CSE is the position size. As the market is not as liquid, you need to know the number of shares you buy. Since you can buy from 1 share to millions of shares, you have the freedom to decide how much you want to buy. Remember the lot size you put in forex, do the same thing here.

In order to make it easier I have listed out some trade ideas in the link below. Let's track them and see whether it works in the CSE or not.

https://docs.google.com/spreadsheets/d/1YDdK1JHGGSc8i52P21vCK8MNto2-Y0H4l53PLE_ms04/edit#gid=1284556771

Janashakthi - Who gained the most

Jubilation is visible on the faces of many who risked to trade JINS since it was at 15/=. But the euphoria began on the 29th ultimo, in a matter of 4 days it shot up from 16.10 to 28.40. It was more than a windfall to those who traded. The returns were shocking, and mind blowing. So the ones who were left out felt lost and stranded. Some are dejected and more than disappointed. Many who did trade think that they are the best traders in the whole wide world. The most important question is with those traders who have bought yesterday at 28 and above. If you are one of them..... think about it. Why did you buy at 28? Why??? What's your strategy? I am not asking this question from those who have traded and booked profits, who now think that they are the best, let them enjoy the moment and celebrate their achievements. But the important crowd are the ones who bought yesterday at 28.00 or above and waiting for trading to start on Tuesday. Why did you buy? To invest or trade? what's the rational behind your purchase? If you have done so based on your strategy then it is perfectly ok. You are the best trader/investor, because you have done so with a reason. You know why you bought, and you know exactly when to sell, and know exactly when to cut loss. But if you do not know, then you are the most stupidest. Was it because some one told you to buy, or was it because you got information, or may be some one gave you a tip, that made you to buy above 28? Then you are the most zero headed person who is investing/trading in the market. You are waiting to be destroyed. Why are you doing that? What is the rational behind that? Even then are you prepared to cut loss and avoid a total wipe out. Are you bold enough to do that. I mean to cut loss and take the loss boldly. Can you lose? How much can you afford to lose like that? Have you thought about it?

The biggest lesson to learn from this lies with those who have the stock now at or above 28/00. They must know when to sell or cut loss. They should know how much they can lose and feel comfortable with it. They are the real winners, they are the the ones who'd gain the most. Not those who trade with information and tips. In my book they are the Cowards. Do not emulate them and end up losers for the rest of your life.