Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
Is it time to sell Dow Jones. See, the trend is going down, as the Ishimoku lines are lined up according to the seniority of the periods. Below is red Tenkan, above blue Kijun, above all Ishimoku cloud. The Stochastic is overbought and is above the 80 mark. The price is beating down from the Kijun.
Н1
Н1
(Jokes apart. Ill give you a serious answer.)
St bhai is right. Investing is a must. But we must also try to make money by trading. Specially, when we are young, we can take more risk. Trading is a difficult business. Agreed. But, its not a beast you cannot tame. You have to be committed, sincere, hard working and most importantly patient. Its not so much about technicals like levels/support/resistance etc etc. I have said this before and I will repeat it again fr you... Trading is a mind game. Its a game of decision making. A trader could be very good at chart reading but he will be as good as cow dung if he cannot make a decision in time.
So, apart from chart reading skills, psychology plays a huge role. For me personally, its 75% mind and 25% chart reading ability. Not sure about others though.
No No Bhai. You did not understand me at all. Ill keep it like this till you find out what I meant.
Trading stuff i already explained in above post.
St bhai is right. Investing is a must. But we must also try to make money by trading. Specially, when we are young, we can take more risk. Trading is a difficult business. Agreed. But, its not a beast you cannot tame. You have to be committed, sincere, hard working and most importantly patient. Its not so much about technicals like levels/support/resistance etc etc. I have said this before and I will repeat it again fr you... Trading is a mind game. Its a game of decision making. A trader could be very good at chart reading but he will be as good as cow dung if he cannot make a decision in time.
So, apart from chart reading skills, psychology plays a huge role. For me personally, its 75% mind and 25% chart reading ability. Not sure about others though.
No No Bhai. You did not understand me at all. Ill keep it like this till you find out what I meant.
Trading stuff i already explained in above post.
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When you have "Suspicious Minds", become "Comfortably Numb" and experience the "Sound of Silence". It leads to the "Stairway to heaven" where "Nothing else Matters" . Soon you will become the "Sultan of Swing".
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