The strength of understanding the fact and reading between the lines were missed as the situation shocked me to accept the fact.
However fair I am to understand the reality, the past performance threatened me to explain the situation.
The posting at early morning at 4 am is the disturbance created in my mind due to the failure of the past, no less is yesterday.
Sunday, July 5, 2009
Tuesday, March 10, 2009
The story is no different…..
The markets opened low but the U spirits has news that propelled to touch 608 high and low 570 I wrote as 570/609. I would have in long position but the system I regularly used was formatted and it struck with –win32 problem which disconnects the net. This trouble forced me to close and shift to other system. The other is get restart frequently causing disruption.
The Rel infra low cut was identified but with fear I covered 125 stocks for no loss no profit at 444.80 level fell upto 437 level. I could not enjoy the full benefit. The SBI kept on cutting the low but I failed to sell as well failed to sell ICICI inspite of my try to sell 500 at 267.7 and again 500 at 264.6 level. The stock fell to 258 level.
The later part I thought the market will cut the low, this time with Reliance. The idea went wrong and the market went up. The RIL crossed the high, I lost more than 100 and a 2.7 lakh volume.
The problems existed till yesterday from Jan-09 4th week from that date I have a story to tell and it kept on troubling me in one or the other way.
The Rel infra low cut was identified but with fear I covered 125 stocks for no loss no profit at 444.80 level fell upto 437 level. I could not enjoy the full benefit. The SBI kept on cutting the low but I failed to sell as well failed to sell ICICI inspite of my try to sell 500 at 267.7 and again 500 at 264.6 level. The stock fell to 258 level.
The later part I thought the market will cut the low, this time with Reliance. The idea went wrong and the market went up. The RIL crossed the high, I lost more than 100 and a 2.7 lakh volume.
The problems existed till yesterday from Jan-09 4th week from that date I have a story to tell and it kept on troubling me in one or the other way.
Sunday, March 8, 2009
How far is NO-FAR….
The extreme side of the market direction from a high of 6357 is the depth of fall one is expecting to stop and at early.
The critical analysis shows that the markets are in tail spin fall to a dismal low of 2253.75 on 27-10-2008 from a high of 6357 on 08-01-2009.
The All-time High: 6357 and the All-time Low: 6357
The high to fall 6357 to 4448.50 low registered on 22-01-08 in 10 trading sessions with a fall of 1890 points.HIGH : DATE LOW: DATE FALL UP
6357.00 08-01-08 4448.50 22-01-08 1908
5391.60 29-01-08 5071.15 31-01-08
5545.20 04-02-08 4803.60 11-02-08
5368.45 19-02-08 4620.50 10-03-08
5019.20 12-03-08 4468.55 18-06-08
4970.80 28-03-08 4628.75 16-04-08
5298.95 02-05-08 4913.80 12-05-08
5167.40 16-05-07 4536.25 05-06-08
4626.45 09-06-08 4369.80 10-05-06
4679.75 18-06-08 4093.20 25-06-08
4324.75 26-06-08 3848.25 02-07-08
4114.50 07-07-08 3896.05 08-07-08
4215.50 11-07-08 3790.20 16-07-08
4539.45 24-07-08 4159.15 29-07-08
4615.90 06-08-08 4464.00 08-08-08
4649.45 12-08-09 4248.00 22-08-08
4398.80 25-08-08 4201.85 28-11-08
4522.40 02-09-08 4328.90 05-09-08
4558.00 08-09-08 3919.35 16-09-08
4303.25 22-09-08 3715.05 30-09-08
4000.50 01-10-08 3198.95 10-10-08
3648.25 14-10-08 3046.60 17-10-08
3254.85 21-10-08 2252.75 27-10-08
3240.55 05-11-08 2502.90 20-11-09
2832.85 01-12-08 2570.70 02-12-08
3110.45 22-12-08 2701.75 15-01-09
2868.20 19-01-09 2661.75 23-01-09
2969.75 13-02-09 2539.45 06-03-09
The critical analysis shows that the markets are in tail spin fall to a dismal low of 2253.75 on 27-10-2008 from a high of 6357 on 08-01-2009.
The All-time High: 6357 and the All-time Low: 6357
The high to fall 6357 to 4448.50 low registered on 22-01-08 in 10 trading sessions with a fall of 1890 points.HIGH : DATE LOW: DATE FALL UP
6357.00 08-01-08 4448.50 22-01-08 1908
5391.60 29-01-08 5071.15 31-01-08
5545.20 04-02-08 4803.60 11-02-08
5368.45 19-02-08 4620.50 10-03-08
5019.20 12-03-08 4468.55 18-06-08
4970.80 28-03-08 4628.75 16-04-08
5298.95 02-05-08 4913.80 12-05-08
5167.40 16-05-07 4536.25 05-06-08
4626.45 09-06-08 4369.80 10-05-06
4679.75 18-06-08 4093.20 25-06-08
4324.75 26-06-08 3848.25 02-07-08
4114.50 07-07-08 3896.05 08-07-08
4215.50 11-07-08 3790.20 16-07-08
4539.45 24-07-08 4159.15 29-07-08
4615.90 06-08-08 4464.00 08-08-08
4649.45 12-08-09 4248.00 22-08-08
4398.80 25-08-08 4201.85 28-11-08
4522.40 02-09-08 4328.90 05-09-08
4558.00 08-09-08 3919.35 16-09-08
4303.25 22-09-08 3715.05 30-09-08
4000.50 01-10-08 3198.95 10-10-08
3648.25 14-10-08 3046.60 17-10-08
3254.85 21-10-08 2252.75 27-10-08
3240.55 05-11-08 2502.90 20-11-09
2832.85 01-12-08 2570.70 02-12-08
3110.45 22-12-08 2701.75 15-01-09
2868.20 19-01-09 2661.75 23-01-09
2969.75 13-02-09 2539.45 06-03-09
The knowledge gained…..
The trading is an excellent opportunity to make money when we are crystallizes on certain stocks.
The strength I gained these days after my debacle for 3 days is an excellent experiential knowledge gained.
The day trading will have a High and a Low. The same is true for a week, month, yearly and for a life time. The high cut and the low cut is very important to make money in the market for a day trader and so is for an investor.
The beauty of the market is that it survives with in the band with oscillation. The trader, swing trader or an investor has to find out the strength in that particular movement.
Strength Generated
Strength Gained
Strength in momentum
Strength exhausted
These four rules will rule the stock market. It depends on the fundamental qualities of the
The state of Economy,
The Industry/Sector of the company operates
The out look of that company’s position to reap the profits/ face the challenges and
The Investors interest in the sector/the company.
The strength I gained these days after my debacle for 3 days is an excellent experiential knowledge gained.
The day trading will have a High and a Low. The same is true for a week, month, yearly and for a life time. The high cut and the low cut is very important to make money in the market for a day trader and so is for an investor.
The beauty of the market is that it survives with in the band with oscillation. The trader, swing trader or an investor has to find out the strength in that particular movement.
Strength Generated
Strength Gained
Strength in momentum
Strength exhausted
These four rules will rule the stock market. It depends on the fundamental qualities of the
The state of Economy,
The Industry/Sector of the company operates
The out look of that company’s position to reap the profits/ face the challenges and
The Investors interest in the sector/the company.
Friday, March 6, 2009
JUBILIANT CONFIDENCE…
The day lost but felt very happy for being able to read the market to the core. The opportunity early in the morning came to me and the best buying of Rel Infra at 429 low at 428.4.
I understood that the market is gaining momentum and the banks on the rise. I planned to buy HDFC back from the FO study and the stock available at 1139 and went up to 1240 level. I realized that the banking stocks are on the rise, ICICI was available at 254-255 level went upto 284 level.
I planned to buy Axis bank at 287 levels and went upto 306. The HDFC bank planned to buy at 798 level missed went up to 825 level. The beauty part of the day is that the United Spirits will cross the first at 556 levels available at 552 level go upto 591 levels.
I made a grave mistake of selling Reliance at 1137.55 got for covering at 1136 but waited to take the full advantage as the rise is nascent but the market did not allowed me to cover and go long as I thought the selling average will do. It went up to 1153.8 level I built a position of 225 shares covered at various staged with a loss of 113 later sold 35 shares at 1153-54 level to bring the loss to around four rupees. The tension mounted to the height while holding the position but managed well to my satisfaction.
The mistake I did was failed to sell 100 shares at 1155 level though my heart beats for the position but avoided for next as the tension carried became too heavy. It came to 1136 level from 1155. I sold 250 ICICI at 276.5 level came to 258 level but covered for 50 paisa profit. I will remember this day experience of position building and the method of trading in the markets with conviction along with TICKER LINE.
TOMORROW I WILL WRITE THE LESSONS FOR PRACTICE.
I understood that the market is gaining momentum and the banks on the rise. I planned to buy HDFC back from the FO study and the stock available at 1139 and went up to 1240 level. I realized that the banking stocks are on the rise, ICICI was available at 254-255 level went upto 284 level.
I planned to buy Axis bank at 287 levels and went upto 306. The HDFC bank planned to buy at 798 level missed went up to 825 level. The beauty part of the day is that the United Spirits will cross the first at 556 levels available at 552 level go upto 591 levels.
I made a grave mistake of selling Reliance at 1137.55 got for covering at 1136 but waited to take the full advantage as the rise is nascent but the market did not allowed me to cover and go long as I thought the selling average will do. It went up to 1153.8 level I built a position of 225 shares covered at various staged with a loss of 113 later sold 35 shares at 1153-54 level to bring the loss to around four rupees. The tension mounted to the height while holding the position but managed well to my satisfaction.
The mistake I did was failed to sell 100 shares at 1155 level though my heart beats for the position but avoided for next as the tension carried became too heavy. It came to 1136 level from 1155. I sold 250 ICICI at 276.5 level came to 258 level but covered for 50 paisa profit. I will remember this day experience of position building and the method of trading in the markets with conviction along with TICKER LINE.
TOMORROW I WILL WRITE THE LESSONS FOR PRACTICE.
Thursday, March 5, 2009
A classic day….
It seems that those who don’t make enough money may cal it is a great learning process that took place on that particular day. My case may be the same as it was in line with the process…..
The striking difference I could make today is that I waited nearly two hours to complete the successful deal in Sterlite. I sold at 1.03pm and cold cove after 3.10pm.
The beauty of the day is about selling Reliance 50 shares at 1212 and it fell to 1142 but I was fearful to cover at 1208.65 it self.
The sorrowful story of the day is that I missed to sell the United spirits at 573 fell immediately to 563 then to 551 and bottom at 549.80
The fearful trading was at 457.80 I sold Rel infra but covered at 457.3 fell upto 438.0 level.
The most satisfying deal is that I sold sail at 76.65 and covered at 75.20After long time I made a deal for that much journey.
The interesting trading now a days is sell above the low and covering after low cut and vice versa in high cut stocks.
The real follow up market is happening but the opportunity offered by the market was not fully enjoyed.
Now from this Sterlite experience with Godma’s grace I hope I will enjoy the maximum journey of the stock.
The striking difference I could make today is that I waited nearly two hours to complete the successful deal in Sterlite. I sold at 1.03pm and cold cove after 3.10pm.
The beauty of the day is about selling Reliance 50 shares at 1212 and it fell to 1142 but I was fearful to cover at 1208.65 it self.
The sorrowful story of the day is that I missed to sell the United spirits at 573 fell immediately to 563 then to 551 and bottom at 549.80
The fearful trading was at 457.80 I sold Rel infra but covered at 457.3 fell upto 438.0 level.
The most satisfying deal is that I sold sail at 76.65 and covered at 75.20After long time I made a deal for that much journey.
The interesting trading now a days is sell above the low and covering after low cut and vice versa in high cut stocks.
The real follow up market is happening but the opportunity offered by the market was not fully enjoyed.
Now from this Sterlite experience with Godma’s grace I hope I will enjoy the maximum journey of the stock.
THE CYCLE COMPLETED...
I really learnt a great lesson today in my trading life. The day is neither opened for day traders nor opened for investors. The day needs to be segregated for both traders and investors.
The timing of market is very difficult because many a times we club both the regions in to one and get confused.
The early morning timing for rise in ICICI missed but participated in MC-Dowell and made some good money. When the market is making a correction to consolidated I was wrong to sell REL infra but messed up with the mistake that resulted in confusion. I checked with the time but again confused to read the market.
This confusion has created turbulence in my mind and made to do irresponsible trading. This costed me one thousand rupees loss.
I came to know after a series of discussions with Hema and Srinu that the money I made earlier was through position building and huge volume.
The earlier trades were not focused on LOW cut or HIGH cut but the timing was accurate as there was series of acid tests were conducted before plunging into position.
NOW I AM FULLY CONFIDENT THAT THE EARLIER CONCEPT OF MAKING MONEY AND THE RECENT MISTAKES I MADE TO LOOSE AT MARKETS. THIS COMPLETED INTROSPECTION OF THE TRADING METHODS OF THE POSITIVE STREGHTS AND THE GRAVE MISTAKES I OFFEN COMMIT. SO THE CYCLE IS COMPLETED AND I CAN DECLARE THAT I AM ADVANCED IN MY TRADING SKILLS TO BECOME A TICKKER SPECILAIST.
I AM CONFIDENT ON PRICE, VOLUME, TICKER MOVEMNT AND MARKET OPERATION. I HAVE TO PUT THIS KNOWLEDGE INTO PRACTICE.
The timing of market is very difficult because many a times we club both the regions in to one and get confused.
The early morning timing for rise in ICICI missed but participated in MC-Dowell and made some good money. When the market is making a correction to consolidated I was wrong to sell REL infra but messed up with the mistake that resulted in confusion. I checked with the time but again confused to read the market.
This confusion has created turbulence in my mind and made to do irresponsible trading. This costed me one thousand rupees loss.
I came to know after a series of discussions with Hema and Srinu that the money I made earlier was through position building and huge volume.
The earlier trades were not focused on LOW cut or HIGH cut but the timing was accurate as there was series of acid tests were conducted before plunging into position.
NOW I AM FULLY CONFIDENT THAT THE EARLIER CONCEPT OF MAKING MONEY AND THE RECENT MISTAKES I MADE TO LOOSE AT MARKETS. THIS COMPLETED INTROSPECTION OF THE TRADING METHODS OF THE POSITIVE STREGHTS AND THE GRAVE MISTAKES I OFFEN COMMIT. SO THE CYCLE IS COMPLETED AND I CAN DECLARE THAT I AM ADVANCED IN MY TRADING SKILLS TO BECOME A TICKKER SPECILAIST.
I AM CONFIDENT ON PRICE, VOLUME, TICKER MOVEMNT AND MARKET OPERATION. I HAVE TO PUT THIS KNOWLEDGE INTO PRACTICE.
Sunday, March 1, 2009
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