"It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change."
Wednesday, December 31, 2014
Tuesday, December 30, 2014
Elliot Wave Trading Workshop !!!!!!!!!!
Dear All,
Offering Elliot Wave Trading Workshop
Only For Serious Traders & Investors
Fees : Rs .49999
Duration : Two Months
16 Classes of 2 Hours of duration on Weekends
Medium : Both Offline and Online
Learn and Earn .....Those who attend workshop will get 3 Month Live Trading Idea's Free !!!!!
Contact --- M: 9873511276
Thanks & Regards
Abhay Mehrotra
Offering Elliot Wave Trading Workshop
Only For Serious Traders & Investors
Fees : Rs .49999
Duration : Two Months
16 Classes of 2 Hours of duration on Weekends
Medium : Both Offline and Online
Learn and Earn .....Those who attend workshop will get 3 Month Live Trading Idea's Free !!!!!
Contact --- M: 9873511276
Thanks & Regards
Abhay Mehrotra
Monday, December 29, 2014
Friday, December 19, 2014
Usd--Inr Neo Wave Analysis : First Target Done !!!!!!!
Dear All,
Yesterday discussed a sell trade seup In Usd--Inr, Kindly readhttp://www.abhaymehrotra.com/2014/12/usd-inr-neo-wave-analysis-sell-on-rise.html
Below is the chart we posted yesterday
We anticipated This Fall
Disclaimer : These Reports are for Educational purpose and for Information use only
Yesterday discussed a sell trade seup In Usd--Inr, Kindly readhttp://www.abhaymehrotra.com/2014/12/usd-inr-neo-wave-analysis-sell-on-rise.html
Below is the chart we posted yesterday
We anticipated This Fall
Tgt were
First Target Done
Market reacted excatly as we anticipated
Join us for Quality Trade Idea's
M :9873511276
Thanks & Regards
Abhay Mehrotra
Thursday, December 18, 2014
Wednesday, December 17, 2014
Tuesday, December 16, 2014
Nifty Neo Wave Analysis : Time For Medium Term Reversal On Upside !!!!!!!!
Dear All,
Nifty might reverse sharply on upside as Wave 5 is extending and about to end
Kindly chk chart
Nifty might reverse sharply on upside as Wave 5 is extending and about to end
Kindly chk chart
Complete Analysis of this implusive move on down side
Wave 3 did exact 261.8%
Wave 4 did 23.6 % ret
Wave 5 is subdividing and extending on downside
We expect complete reversal of this down move
M :9873511276
Thanks & Regards
Abhay Mehrotra
Friday, December 12, 2014
Copper Neo Wave Analysis :Zoomed up 12 Points After Our Buy Update !!!!!
Dear All,
On Dec 4 Given Buy update that we expect B wave up .....kindly read http://www.abhaymehrotra.com/2014/12/copper-neo-wave-analysis-b-wave-will-go.html
Below is the chart we posted on that day
On Dec 4 Given Buy update that we expect B wave up .....kindly read http://www.abhaymehrotra.com/2014/12/copper-neo-wave-analysis-b-wave-will-go.html
Below is the chart we posted on that day
Copper move Up From 397 levels to 409+ levels so far
Imp : We expect More Upside in Coming days In Copper
M :9873511276
Thanks & Regards
Abhay Mehrotra
Gold Neo Wave Analysis : Zoomed up 800 Points After Our Buy Update !!!!!
Dear All,
On 2 dec given update that we expect B wave up now kindly read http://www.abhaymehrotra.com/2014/12/gold-neo-wave-analysis-time-for-b-wave.html
Below is the chart we posted on that day
On 2 dec given update that we expect B wave up now kindly read http://www.abhaymehrotra.com/2014/12/gold-neo-wave-analysis-time-for-b-wave.html
Below is the chart we posted on that day
Gold Zoomed Up 800 Point After Our Buy Update
Imp : We expect More rise in Gold In Coming days
M :9873511276
Thanks & Regards
Abhay Mehrotra
Silver Neo Wave Analysis : Zoomed Up 2000 Points After Our Buy Update !!!!!!!!!!
Dear All,
On 2 Dec Given update that we expecting B wave on Upside kindly read www.abhaymehrotra.com/2014/12/silver-neo-wave-analysis-will-start-b.html
Below is the chart we posted on that day
On 2 Dec Given update that we expecting B wave on Upside kindly read www.abhaymehrotra.com/2014/12/silver-neo-wave-analysis-will-start-b.html
Below is the chart we posted on that day
Market Zoomed 2000 Points After our Buy Update
Imp : We expect More Rise in Coming days In Silver
M :9873511276
Thanks & Regards
Abhay Mehrotra
Nifty Neo Wave Analysis : Levels bang on Target !!!!!!!
Dear All,
Yst told you that we expecting short term bounce kindly read http://www.abhaymehrotra.com/2014/12/nifty-neo-wave-analysis-short-term.html
Below is the chart we posted yst
Yst told you that we expecting short term bounce kindly read http://www.abhaymehrotra.com/2014/12/nifty-neo-wave-analysis-short-term.html
Below is the chart we posted yst
Nifty moved from 8290 to 8348 levels in a flash
M :9873511276
Thanks & Regards
Abhay Mehrotra
Thursday, December 11, 2014
Wednesday, December 10, 2014
Bharti Neo Wave Analysis : Cracked 15% After Our Sell Update !!!!!!!!!!!
Dear All,
On Sep 10 Given Sell Update on Bharti ..............Kindly read http://www.abhaymehrotra.com/2014/09/bharti-airtel-neo-wave-analysis-longs.html
Below is the chart we posted on that day
On Sep 10 Given Sell Update on Bharti ..............Kindly read http://www.abhaymehrotra.com/2014/09/bharti-airtel-neo-wave-analysis-longs.html
Below is the chart we posted on that day
Market cracked after it never close above 416 for consecutive 2 days in a row level
M :9873511276
Thanks & Regards
Abhay Mehrotra
Monday, December 8, 2014
Lossing Money: Read Peter Brandt Interview !!!!!!!!!!
Dear All,
Every body want to make profit from Market . But 95% of Trader's loose Money because they focus on methods which is the least imp part of Trading .
This interview will be an eye opener for every body , who thinks making money is easy and millions can be made , yes millions can be made but only with dedicated hard work and proper trading plan in place and also to follow that plan.
You suprise to know that Peter's 70---80% trades either result in loss or at break even Yet he is the one of the best Trader who has given fantastic return year after year and all his trades are authentic and audited trades .
Retail Trader's Think that only way to make money is to have 90%--95% accuracy on trades ...
But proffesional trader's work on Risk Management as they know that lossing trades are part of trading business ...........peter is a role model to all traders .
Please read Peter Brandt Interview http://www.mercenarytrader.com/2011/03/interview-with-a-trading-legend-part-i/
Read Peter Book Also : Diary of Professional Commodity Trader : Lessons 21 Week of Real Trading
After you read this Interview and Book you have new percpective regarding Trading
Thanks & Regards
Abhay Mehrotra
Every body want to make profit from Market . But 95% of Trader's loose Money because they focus on methods which is the least imp part of Trading .
This interview will be an eye opener for every body , who thinks making money is easy and millions can be made , yes millions can be made but only with dedicated hard work and proper trading plan in place and also to follow that plan.
You suprise to know that Peter's 70---80% trades either result in loss or at break even Yet he is the one of the best Trader who has given fantastic return year after year and all his trades are authentic and audited trades .
Retail Trader's Think that only way to make money is to have 90%--95% accuracy on trades ...
But proffesional trader's work on Risk Management as they know that lossing trades are part of trading business ...........peter is a role model to all traders .
Please read Peter Brandt Interview http://www.mercenarytrader.com/2011/03/interview-with-a-trading-legend-part-i/
Read Peter Book Also : Diary of Professional Commodity Trader : Lessons 21 Week of Real Trading
After you read this Interview and Book you have new percpective regarding Trading
Thanks & Regards
Abhay Mehrotra
Thursday, December 4, 2014
Wednesday, December 3, 2014
Tuesday, December 2, 2014
Monday, December 1, 2014
Quotes from Diary of a Professional Commodity Trader By Peter Brandt !!!!!
Dear All,
Must Read for All Trader's
p14. “Consistently successful trading is founded on solid risk management.”
p14. “Successful trading is a process of doing certain things over and over again with discipline and patience.”
p31. “As many as 80% of my trades over shorter periods of time will be unprofitable. The probability of my very next trade being profitable is less than 30%.” (Looking for 90% accuracy see how one of the best trader of the world trade with only 40%--30% Accuracy )
p34. “More often than not, a market will defy what its chart structure implies” [but Peter remains a dedicated, profitable and long term chartist].
p38. “Boundary lines [i.e. trend lines] do not need to be redrawn to accommodate [intraday single-event] out of line movement.”
p41. “My experience is that there are far more false or premature breakouts of slanted chart lines than in the case of horizontal boundaries.” p129. “Normally I do not trade trend-line violations. Trend lines fall into a category of chart development I called diagonal patterns. Yet, the more a market tests a trend line, the more valid-and tradeable-an eventual violation becomes.”
p41. “[After a pattern break out] I generally abandon any position that has a significant return to the pattern.”
p43. “I believe that my net bottom line as a trader would have improved if I had exited every trade that closed at a daily loss.”
p142. “My net bottom line over the years would have improved if I had exited all trades that closed against me.”
p47. “As a general rule, the minimum move following the completion of a chart pattern should be equal to the height of the pattern itself, although the exceptions to this rule are numerous and complex.”
p53. “As a general rule, I will attempt one pattern recompletion per major pattern. After that, I will count my losses and go shopping elsewhere.”
p60. “Trades that are the emotionally toughest to execute are often the most financially rewarding.”
p128. “Trades that are emotionally easy to execute are often trades consistent with the conventional wisdom of the marketplace. Conventional wisdom is usually wrong.”
p74. “While chartists often attempt to jump the gun on a pattern, markets usually make it abundantly clear when it is time to climb aboard.”
p80. “It is important for a trader to use similar time frames to both enter and manage a trade.”
p88. “The more I follow the markets during the trading hours, the more apt I am to make an
emotionally driven decision to override my trading plan...emotional reactions to intraday trading will be detrimental to my net bottom line over any period of time.”
p102. “The biggest temptation after a premature stop-out is to get right back in before receiving another solid signal. Getting into this cycle throws discipline and patience right out of the window.”
p117. “I cannot allow myself to be stressed out whether a certain trade was profitable or not. Profit cannot be the direct focus of my attention because I have no control over the outcome of any given trade. Order entry is the only thing I can control. My challenge is to maintain the patience to wait for t my pitch and the discipline to swing when my pitch is offered. Swinging at pitches outside of my sweet spot is the single biggest source of trouble for me.”
January 2012
p117. “I am constantly studying and analyzing my trading performance for two major reasons: to determine if my trading plan is in sync with the markets and to determine if I am in sync with my trading plan. ...either can represent a real problem.” (Most trader's dont even have written trading plan ..........i ask you one question do you have written trading plan ??? I guess you dont have !!!!!)
p119. “Every successful trader I know has developed a criteria for appraising trading performance.”
p152. “Breakouts should be decisive in order to be valid. Drawing tight pattern boundary lines is an invitation to get sucked into a false or premature breakout.”
p154. “As a trader, I need to constantly remind myself that I cannot afford the luxury of being bullish or bearish. Bullishness and Bearishness represent an emotional commitment. I need to limit myself to positions. Opinions don't matter.”
p156. “Trade identification is the least important of all trading components. The trading process itself and risk management are much more crucial components to overall success in trading operations.”
p157. “The most profitable trades are those that breakout and never look back.” p165. “If at first you don’t succeed, be ready to lose and lose again.”
p160. “Trading dilemmas never end. A trader never solves all the issues standing in the way of greater success.”
p166. “The best and largest patterns are commonly comprised of many smaller patterns, mostly failures.”
p173. “The battle to profitability is with one’s self. Successful trading is learning what to do and how to do it and then overcoming one’s emotions to get “it” done (discovering the “it” is the challenge for traders, and the “it” is different for everyone).”
p189. “[Trading plan] flaws are never visible during the good months and good years. Good times provide cover for the deficiencies of a trading plan.”
p194. “Triangles are not valid when prices work too far [more than 2/3rds to 3/4ths] to the apex.”
p197. “The single most important price of the day is the closing price, posted mid-afternoon each day. This is the price at which position traders, as opposed to day traders, are willing to hold a position overnight. Even though I often enter and exit a position intraday, the closing price is the only one that really matters. Everything else is noise.
p229. “Make a chart prove itself. Do not lead a breakout.”
p230. “Do not chase a missed signal. There will be trading opportunities next week, next month, and next year. Chasing signals can lead to other serious breaches of trading practices.”
Thanks & Regards
Abhay Mehrotra
Must Read for All Trader's
p14. “Consistently successful trading is founded on solid risk management.”
p14. “Successful trading is a process of doing certain things over and over again with discipline and patience.”
p31. “As many as 80% of my trades over shorter periods of time will be unprofitable. The probability of my very next trade being profitable is less than 30%.” (Looking for 90% accuracy see how one of the best trader of the world trade with only 40%--30% Accuracy )
p34. “More often than not, a market will defy what its chart structure implies” [but Peter remains a dedicated, profitable and long term chartist].
p38. “Boundary lines [i.e. trend lines] do not need to be redrawn to accommodate [intraday single-event] out of line movement.”
p41. “My experience is that there are far more false or premature breakouts of slanted chart lines than in the case of horizontal boundaries.” p129. “Normally I do not trade trend-line violations. Trend lines fall into a category of chart development I called diagonal patterns. Yet, the more a market tests a trend line, the more valid-and tradeable-an eventual violation becomes.”
p41. “[After a pattern break out] I generally abandon any position that has a significant return to the pattern.”
p43. “I believe that my net bottom line as a trader would have improved if I had exited every trade that closed at a daily loss.”
p142. “My net bottom line over the years would have improved if I had exited all trades that closed against me.”
p47. “As a general rule, the minimum move following the completion of a chart pattern should be equal to the height of the pattern itself, although the exceptions to this rule are numerous and complex.”
p53. “As a general rule, I will attempt one pattern recompletion per major pattern. After that, I will count my losses and go shopping elsewhere.”
p60. “Trades that are the emotionally toughest to execute are often the most financially rewarding.”
p128. “Trades that are emotionally easy to execute are often trades consistent with the conventional wisdom of the marketplace. Conventional wisdom is usually wrong.”
p74. “While chartists often attempt to jump the gun on a pattern, markets usually make it abundantly clear when it is time to climb aboard.”
p80. “It is important for a trader to use similar time frames to both enter and manage a trade.”
p88. “The more I follow the markets during the trading hours, the more apt I am to make an
emotionally driven decision to override my trading plan...emotional reactions to intraday trading will be detrimental to my net bottom line over any period of time.”
p102. “The biggest temptation after a premature stop-out is to get right back in before receiving another solid signal. Getting into this cycle throws discipline and patience right out of the window.”
p117. “I cannot allow myself to be stressed out whether a certain trade was profitable or not. Profit cannot be the direct focus of my attention because I have no control over the outcome of any given trade. Order entry is the only thing I can control. My challenge is to maintain the patience to wait for t my pitch and the discipline to swing when my pitch is offered. Swinging at pitches outside of my sweet spot is the single biggest source of trouble for me.”
January 2012
p117. “I am constantly studying and analyzing my trading performance for two major reasons: to determine if my trading plan is in sync with the markets and to determine if I am in sync with my trading plan. ...either can represent a real problem.” (Most trader's dont even have written trading plan ..........i ask you one question do you have written trading plan ??? I guess you dont have !!!!!)
p119. “Every successful trader I know has developed a criteria for appraising trading performance.”
p152. “Breakouts should be decisive in order to be valid. Drawing tight pattern boundary lines is an invitation to get sucked into a false or premature breakout.”
p154. “As a trader, I need to constantly remind myself that I cannot afford the luxury of being bullish or bearish. Bullishness and Bearishness represent an emotional commitment. I need to limit myself to positions. Opinions don't matter.”
p156. “Trade identification is the least important of all trading components. The trading process itself and risk management are much more crucial components to overall success in trading operations.”
p157. “The most profitable trades are those that breakout and never look back.” p165. “If at first you don’t succeed, be ready to lose and lose again.”
p160. “Trading dilemmas never end. A trader never solves all the issues standing in the way of greater success.”
p166. “The best and largest patterns are commonly comprised of many smaller patterns, mostly failures.”
p173. “The battle to profitability is with one’s self. Successful trading is learning what to do and how to do it and then overcoming one’s emotions to get “it” done (discovering the “it” is the challenge for traders, and the “it” is different for everyone).”
p189. “[Trading plan] flaws are never visible during the good months and good years. Good times provide cover for the deficiencies of a trading plan.”
p194. “Triangles are not valid when prices work too far [more than 2/3rds to 3/4ths] to the apex.”
p197. “The single most important price of the day is the closing price, posted mid-afternoon each day. This is the price at which position traders, as opposed to day traders, are willing to hold a position overnight. Even though I often enter and exit a position intraday, the closing price is the only one that really matters. Everything else is noise.
p229. “Make a chart prove itself. Do not lead a breakout.”
p230. “Do not chase a missed signal. There will be trading opportunities next week, next month, and next year. Chasing signals can lead to other serious breaches of trading practices.”
Thanks & Regards
Abhay Mehrotra
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