intraday trading(31/01/2006)

[uasish]

Hi,

Mkt humbels all of us , time to time.It is Money Mgmt ,Systems,knowledge,
back testing,honed every day ,keeps us afloat & comfortable.All in our "Mind"
approach & focus.Price discovery is a continuous process.We are here trying to "Read" it scientifically ,out guessing the counter party.Our hinderance is ME 1st ,every thing else is 2nd in Priority chain.Most difficult is to fight Self,even if somebody gives a Tip with 1 lack percentage Gaurantee ,my Self will disallow to take advantage.Building own Mind & belief system is utmost important ,then & only then Knowledge can be leveraged.

Asish

 

[instaalert]

hi ashish,
thanks for your post.
me, a new entrant, feel like lost in the jungle, when i see all the technicals in the quotes - on the chart patterns, analytical reports on : where a particular stock is moving/its strength/buy or sell/if buy-the time of holding and when to sell/time of entry and exit/ etc.,
as i am ready to learn earnestly stage by stage, i am on the look out for guiding mentors in trading and asking to help.
i hope that the experienced seniors will do the needful.
enquiringly yours,
instaalert