Tuesday, September 30, 2014

Relcapital Neo Wave Analysis : Buy On dips ???

Dear All,
                                                   We might about to make a short term bottom

                                                                          Kindly chk chart



If Holds "X" levels on downside and Trade above "X" levels we will go long 

Imp : I use Neo Wave and Sixdimenions Trading concepts to initiate a Trade 

When i found good risk reward trade on long or Short side 

I dnt try to forecast Market 

Join us for Quality Trade Idea's 

M :9873511276

Thanks & Regards
Abhay Mehrotra


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 60%---50% 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

Zinc Neo Wave Analysis : Levels Bang On Target !!!!!

Dear All,
                                  On Sep 19 Given Update ......kindly read http://www.abhaymehrotra.com/2014/09/zinc-neo-wave-analysis-time-to-buy.html

                                                        Below is the chart We posted On That day


What Happend Next 

Join us for Quality Trade Idea's 

M :9873511276

Thanks & Regards
Abhay Mehrotra

Monday, September 29, 2014

Dr Reddy Neo Wave Analysis : Cautious @ Higher Level !!!!!!!!

Dear All,
                        Dr Reddy seems to made a short term Top ............We  might see selling coming @                                                                    higher levels in this counter

                                                                       Kindly chk chart



Imp : If break "X" Levels we will go short on this counter

Entry & Tgt to Paid Clients Only 

M :9873511276

Thanks & Regards
Abhay Mehrotra

Abb Neo Wave Analysis : Time for Reversal ???

Dear All,
                              We might see some Selling Pressure In this counter @ Higher levels .

                                                                          Kindly chk chart



Tgt on Down Side in Coming Days


Imp : But where to Enter ......Entry and more details to Paid Members Only

Join us for Quality Trading Idea's

M :9873511276

Thanks & Regards
Abhay Mehrotra



Saturday, September 27, 2014

Linda Bradford Raschke – 50 Time Tested Classic Stock Trading Rules !!!!!!!

Dear All,
                   Here are Classic Rules !!!!!!

1. Plan your trades. Trade your plan.
2. Keep records of your trading results.
3. Keep a positive attitude, no matter how much you lose.
4. Don’t take the market home.
5. Continually set higher trading goals.
6. Successful traders buy into bad news and sell into good news.
7. Successful traders are not afraid to buy high and sell low.
8. Successful traders have a well-scheduled planned time for studying the markets.
9. Successful traders isolate themselves from the opinions of others.
10. Continually strive for patience, perseverance, determination, and rational action.
11. Limit your losses – use stops!
12. Never cancel a stop loss order after you have placed it!
13. Place the stop at the time you make your trade.
14. Never get into the market because you are anxious because of waiting.
15. Avoid getting in or out of the market too often.
16. Losses make the trader studious – not profits. Take advantage of every loss to improve your knowledge of market action.
17. The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
18. Always discipline yourself by following a pre-determined set of rules.
19. Remember that a bear market will give back in one month what a bull market has taken three months to build.
20. Don’t ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.
21. You must have a program, you must know your program, and you must follow your program.
22. Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
23. Split your profits right down the middle and never risk more than 50% of them again in the market.
24. The key to successful trading is knowing yourself and your stress point.
25. The difference between winners and losers isn’t so much native ability as it is discipline exercised in avoiding mistakes.
26. In trading as in fencing there are the quick and the dead.
27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
28. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.
29. Accept failure as a step towards victory.
30. Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don’t let ego and greed inhibit clear thinking and hard work.
31. One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door.
32. The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.
33. It’s much easier to put on a trade than to take it off.
34. If a market doesn’t do what you think it should do, get out.
35. Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
36. Never add to a losing position.
37. Beware of trying to pick tops or bottoms.
38. You must believe in yourself and your judgement if you expect to make a living at this game.
39. In a narrow market there is no sense in trying to anticipate what the next big movement is going to be – up or down.
40. A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss – that is what does the damage to the pocket book and to the soul.
41. Never volunteer advice and never brag of your winnings.
42. Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.
43. Standing aside is a position.
44. It is better to be more interested in the market’s reaction to new information than in the piece of news itself.
45. If you don’t know who you are, the markets are an expensive place to find out.
46. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.
47. Except in unusual circumstances, get in the habit of taking your profit too soon. Don’t torment yourself if a trade continues winning without you. Chances are it won’t continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.
48. When the ship starts to sink, don’t pray – jump!
49. Lose your opinion – not your money.
50. Assimilate into your very bones a set of trading rules that works for you.


Thanks & Regards
Abhay Mehrotra

Friday, September 26, 2014

Be Patient With Winning Trades !!!!!!!

Dear All,


 This is the mistake we always do!!!!!

Tonight’s topic is about how to handle winning trades vs. handling losing trades. Actually the way you’re dealing with this common trading issue will determine your fate as a trader. Depending on what you do with your winners and losers you will either end up being a profitable trader or a trader losing money. A typical character trait of amateur traders is the inordinate amount of time they spend thinking about their biggest winners. They constantly want to take profits because of their need to satisfy their ego  and their inability to cope with greed.  Their thinking goes like this: “I should take profits because the stock has gone up.”


Instead, they should do the exact opposite. They should cultivate an emotionaly detached approach to trading, and most of their time should be spent monitoring and managing the losing positions in their portfolio. On the other hand a typical character trait of winning traders is the ability to cut losses. A few market adages that come to mind:

Winners take care of themselves
Patience is a virtue
Ride your winners
Stay calm and focused
Cut your losses
Always use stop losses
Do more of the things that work
Never add to a losing position

Rule : Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are “right” only 30% of the time, as long as our losses are small and our profits are large.

  Rule : Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.


Rule : Controlling losers is a must; let your winners run out of control

Conclusion: Think twice before you sell a big winner. Instead, ask yourself why that huge losing position is still part of your portfolio.

The best traders have no ego. You have to swallow your pride and get out of the losses. – Tom Baldwin

Thanks & Regards
Abhay Mehrotra

Thursday, September 25, 2014

Panacea Biotech Neo Wave Analysis : 10% Fall After our Sell Update !!!!!!!

Dear All,
                         On 23 Sep warn you that we might see selling pressure in this counter as min short term top might be in place.

Kindly read http://www.abhaymehrotra.com/2014/09/panacea-biotech-neo-wave-analysis-be.html

                                                       Below is the chart we posted on that day



What Happen Next 


Timely Advice Given to Our Clients 

Join Us for Quality Updates 

M :9873511276

Thanks & Regards
Abhay Mehrotra



Ashok Leyland Neo Analysis : Crashed 9% After Our sell Update !!!!!!

Dear All,
                          We told you that we might have formed Double top in Ashok Ley Land .....

Kindly read http://www.abhaymehrotra.com/2014/09/ashok-leyland-neo-wave-analysis-levels.html

                                                        Below is the chart we posted on that day


What Happened Next !!!!!!!!

Tgt on Down side


Imp : We remain beraish On this Stock

Our clients got Timely short call on it 

Join us for Quality Trade Idea's

M :9873511276

Thanks & Regards
Abhay Mehrotra



Rcom Neo Wave Analysis : Time to Buy @ lower levels ????

Dear All,
                           We might close to good support area ...can see bounce back if lower levels Hold.

                                                                        Kindly chk chart



Imp : If lower levels  hold and Trade Above "X" Levels
Then only we will initiate a buy on it 

Join us for Quality Trade Idea's

M :9873511276

Thanks & Regards
Abhay Mehrotra 

Wednesday, September 24, 2014

The Need To Be Right – Common Psychological Traps For Traders !!!!

Dear All,

            My experience tells me one of the biggest issues traders have is the ever present " Need to   be Right "


Some thoughts on what characterizes great and successful traders.


Great traders graciously accept losses. They don’t need to be right all the time.



Great traders focus on proper execution not on the outcome of a single trade.



Great traders concentrate on good risk management. They constantly manage their open positions.



Great traders are emotionally detached. Single trades do not affect their mood.



Great traders don’t compare themselves to others. They isolate themselves from the opinions of    others.



Great traders are not afraid to buy high and sell low


Conclusion:

Isolate yourself from the opinions of other people. Make trading decisions your own. Focus on proper execution. Have the courage to do the right think because it is Right .


The most important rule of trading is to play good defense, not great offense.
- Paul Tudor Jones



Thanks & Regards
Abhay Mehrotra

Copper Neo Wave Analysis : Stoploss Hit !!!!!!! What Next???

Dear All,
                                    We were expecting upmove in Copper But our sl hit .........now what next

                                                                         Kindly chk chart


What Next 


We expect weaknes in Copper now till these levels
lets see how copper react to these levels 

We prefer Sell with tight sl else, we suggest 
wait & watch 

M :9873511276

Thanks & Regards
Abhay Mehrotra



Tuesday, September 23, 2014

Essar Oil Neo Wave Analysis : Crashed 10% after Our Sell Update !!!!!!!!

Dear All,
                         We given Sell update on Sep 11 and told you that we expect profit Booking in This Counter .Kindly read http://www.abhaymehrotra.com/2014/09/essar-oil-neo-wave-analysis-impluse.html

                                                       Below is the chart we posted on that day


What happened Next !!!!

From 128 Levels the Stock fell to 117.10

Given Timely update to Our Clients 

You Missing out Great Trading Idea's

Join Us for Quality Trade Idea's

M :9873511276

Thanks & Regards
Abhay Mehrotra

Acc Neo Wave Analysis : Crashed 5.8% After Our Sell Update !!!!!

Dear All,
                         We given Sell Update On Acc on 19 Aug  Kindly read www.abhaymehrotra.com/2014/08/acc-neo-wave-analysis-final-5-on-upside.html

                                                       Below is the chart we posted on that day


what happend Next 



Stock fell from 1560 to 1457.50 so Far 

We Told clients to remain Bearish On this stocks 
Thus Giving timely Sell update inspite Over all Market was trending up 

You are  Missing Lots of Great Trading Idea's


Join us for Quality Trade Idea's


M :9873511276


Thanks & Regards
Abhay Mehrotra




20 Ways To Stop Losing Money In Trading !!!!!

Dear All,
             
Stop Losing Money

1. Don't trust the opinions of market gurus. Remember that it's your money at stake, not theirs. Listen to what they say, then step back and do your own homework.


2. Don't believe in a company. Trading isn't investing, so you need to focus on the price action and forget the balance sheets. Leave the American Dream to Warren Buffett.

3. Don't break your entry and exit rules. You made them for bad trades, just like the one you're stuck in right now.

4. Don't try to get even. This isn't a game of catch-up. Every action you make has to stand on its own merits. Take your losses with detachment and make your next trade with absolute discipline.

5. Don't trade over your head. If your last name isn't Kass or Cramer, stop trading like them. Just concentrate on playing the game well, and stop thinking about making money.

6. Don't seek the Holy Grail. There is no secret trading formula, other than good position choice and solid risk management. So why are you looking for it?

7. Don't forget your discipline. Anyone can learn the basics of the trading game. Sadly, most of us will fail because of a lack of self-control, not a lack of knowledge.

8. Don't chase the crowd. Tune out the groupthink and dance to the beat of your own drummer. Get out of the chat rooms and off the stock boards. This is serious business.

9. Don't trade the obvious. Everyone sees the most perfect-looking patterns, which is why they set up the most painful losses. Simply stated, if it looks too good to be true, it probably is.

10. Don't ignore the warning signs. Big losses rarely come without warning. Don't wait for a lifeboat before you abandon a sinking ship.

11. Don't count your chickens. That delicious profit isn't yours until you close out the trade. Trail stops, take blind exits and do everything possible to get that money into your pocket.

12. Don't forget the plan. Remember the reasons you took a trade in the first place, and don't get blinded by greed or fear when the position finally starts to move.

13. Don't have a paycheck mentality. You don't need to get paid every week or every month, as long as you take advantage of the opportunities as they come. Classic wisdom: traders book 80% of their profits on just 20% of the days the market is open for business.

14. Don't cut corners. There are very smart folks out there working full time to take advantage of your mistakes. Fight back by examining your results, updating your plan and finding working themes for the next session.

15. Don't ignore your intuition. Listen to that calm little voice that tells you what to do and what to avoid. That's the voice of the winner trying to get into your thick head.

16. Don't hate losing. The best traders lose money on most of their positions, so get used to the pain of losing. And there's a side benefit: the losing teaches more about winning than the winning itself.

17. Don't fall into the complexity trap. Traders who can't see the market are looking for it everywhere except in the price action. In truth, a well-trained eye will find more profits than in a stack of technical indicators.

18. Don't confuse execution with opportunity. Expensive software won't help you trade like a hedge fund. Pretty colors and flashing lights make you a more nervous trader, not a better one.


19. Don't project your personal life onto your trading. Trading gives you the perfect opportunity to find out just how messed up your life really is. Get your own house in order before you play the financial markets.

20. Don't think that trading is fun. The trading game should be boring the vast majority of the time, just like the real-life job you have right now.

Thanks & Regards
Abhay Mehrotra

Panacea BioTech Neo Wave Analysis : Be Cautious @ Higher Levels !!!!!!!!

Dear All,
                          We might be very close to a short term Top In this counter ..........We suggest to be                                                cautious @ higher levels as we can see Profit booking Now .

                                                                       Kindly chk chart


                                                             Moving In Higher High Fashion



Wave 3 Or C did 161.8% 


Wave 4 or B Did 38.2%


Very close to Upper Resistance 




Join Us for Quality Trade Idea's


M :9873511276

Thanks & Regards
Abhay Mehrotra






Ashok Leyland Neo Wave Analysis : Levels Bang On Target !!!!! Double Top is in Place ???

Dear All,
                         We given up date on Ashok leyland that we are up for final 5 on Upside and soon can
                         reverse when upper tgt are met .Kindly Read http://www.abhaymehrotra.com/2014/09/ashoka-ley-land-neo-wave-       analysis-final.html

                                                       Below is the chart we posted on that day


Tgt on Upper side were 


What Happened Next 

It Hit High of  42.70 & Made Double Top 


Tgt On dwonside Now 


Join Us for Quality Trade Idea's

M :9873511276 

Thanks & Regards
Abhay Mehrotra









Monday, September 22, 2014

Mark Douglas Video Interview – Trading Psychology Quotes !!!!!!!!!


Dear All,
                 
Awesome video interview with Mark Douglas. It is about 60 minutes long and it is not suited for those with short attention spans. Then again this video covers the essence of what it takes to be a great trader and what you need to do in order to acquire the set of mental skills to take your trading to the next level and consistently make money trading. So, do yourself a favour and watch the video. It offers exceptional educational value.

 Here is the link ....... www.markdouglas.com

As Mark Douglas says: You need to ‘change your thinking’. The goal is to reach a ‘care-free state of mind’. When a pattern presents itself, don’t think. There’s nothing to think about. Take the trade because you have an edge. Then odds, probability and your risk control mechanisms will take care of everything. In the end, the key is to learn more about yourself. The most important lesson though is the importance of viewing every single trade as being part of a series of trades.

There is a random distribution between wins and losses for any given set of variables that define an edge. In other words, based on the past performance of your edge, you may know that out of the next 20 trades, 12 will be winners and 8 will be losers. What you don’t know is the sequence of wins and losses or how much money the market is going to make available on the winning trades. This truth makes trading a probability or numbers game. When you really believe that trading is simply a probability game, concepts like ‘right’ and ‘wrong’ or ‘win’ and ‘lose’ no longer have the same significance. As a result, your expectations will be in harmony with the possibilities.

Here’s a few more quotes from Mark Douglas:

I know it may sound strange to many readers, but there is an inverse relationship between analysis and trading results. More analysis or being able to make distinctions in the market’s behavior will not produce better trading results. There are many traders who find themselves caught in this exasperating loop, thinking that more or better analysis is going to give them the confidence they need to do what needs to be done to achieve success. It’s what I call a trading paradox that most traders find difficult, if not impossible to reconcile, until they realize you can’t use analysis to overcome fear of being wrong or losing money. It just doesn’t work!” – Mark Douglas

If you really believe in an uncertain outcome, then you also have to expect that virtually anything can happen. Otherwise, the moment you let your mind hold onto the notion that you know, you stop taking all of the unknown variables into consideration. Your mind won’t let you have it both ways. If you believe you know something, the moment is no longer unique. – Mark Douglas

To whatever degree you haven’t accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully. – Mark Douglas

And last but not least Mark Douglas’ 5 fundamental truths:

Anything can happen
You can make money without knowing what is going to happen next
There is a random distribution of wins and losses that define an edge
An edge is just the greater probability of one thing happening over another
Every moment in the market is unique

The less I cared about whether or not I was wrong, the clearer things became, making it much easier to move in and out of positions, cutting my losses short to make myself mentally available to take the next opportunity. - Mark Douglas


Thanks & Regards
Abhay Mehrotra

Crude Neo Wave Analysis : Buy Or Sell ???

Dear All,
                             Crude is getting Selling pressure on every rise .let see what are "probabilities " of                                                price action in coming days .


                                                                      Kindly chk chart



Minor Subdivisions 


Imp : We prefer to wait and watch till price confirms a major Support area .

M :9873511276

Thanks & Regards
Abhay Mehrotra


Gold Neo Wave Analysis : Buy or Sell ???

Dear All,
                               We were expecting gold to hold lower levels but price action not suggest that  kindly read http://www.abhaymehrotra.com/2014/09/gold-neo-wave-analysis-time-for-buy-on.html

                                                                       What Next ???


                                                                     Kindly chk chart


Imp : We prefer wait and watch as of Now 

M :9873511276

Thanks & Regards
Abhay Mehrotra

Silver Neo Wave Analysis :Where is the Support ???

Dear All,
                                We were expecting  down side move till 40500 and told if 40500 break panic sell will comes in   kindly read http://www.abhaymehrotra.com/2014/09/silver-neo-wave-analysis-buy-on-dips-now.html  Silver trading @ 38950 now .....What next  .

                                                                     Kindly chk chart


Imp : We prefer Wait & Watch Now 

M :9873511276

Thanks & Regards
Abhay Mehrotra



Friday, September 19, 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

Zinc Neo Wave Analysis : Time to Buy @ lower levels ???

Dear All,
                                     We prefer to buy on dips @ lower levels as given in last post ...we are quite                                                         close for short term reversal on upside .

                                                                                 Kindly chk chart


                                                          Imp: If these levels held on Closing Basis
                                                        and trade above "X" Levels then only we buy

          Suppose not hit these levels and Trade above "X"

      Levels then also we will buy 

                                                                  Entry and Tgt to paid Clients

                                                                            M :9873511276

                                                                            Thanks & Regards
                                                                              Abhay Mehrotra

Lead Neo Wave Analysis :Buy on dips ???

Dear All,
                                                 We prefer Buy On dips as posted in last post

                                                                      Kindly chk chart


Imp : If held these levels on Closing Basis 

and trade above "X " level then only we Buy 

Suppose not hit these levels and Trade above "X"

Levels then also we will buy 

Entry and Tgt to paid clients 

M :9873511276

Thanks & Regards
Abhay Mehrotra

Thursday, September 18, 2014

Nifty Neo Wave Analysis : Buy Or Sell ??? Confuse Use Straddle Options Strategy !!!!!!!!!

Dear All,
                                     Sudden upside movement suprise every body ....so what to do

                                                                     Kindly chk chart



Imp : We suggest to use Straddle Options startegy Now 

Buy 8100 OCT Call @ 155 & Buy 8100 Put @ 112 

More details to Paid Memebrs 

M :9873511276

Thanks & Regards
Abhay Mehrotra

Wednesday, September 17, 2014

Why Trader's Loose Money !!!!!!!

Dear All,

Almost 95% of traders loose money in Market.

Reason are plenty ..........but we discuss few of them

If have answers to following question then only you making succesfully else you are loosing money .


1.Why Trading ......... Have you ever asked yourself why you want to trade ??

2. Your Style of Trading .... Positional / Swing / Intra day ??

3.What's your Edge in Trading ???

4.How much time you devote In studying Markets ??

5.Have you define which markets will you trade ???

6.On what basis you decide to enter into a trade ???

7.Exit criteria ??

8. Money Management rules ??

9. Position sizing ???

10. Are you having a Written Trading Plan ??

Trading is Business nothing else .............if your expenses are high (losses) then you will not earn profit in a business ......same apply to Trading also

Most people thing that only way of making money in trading is to have 10 out 10 or 10 out of 8 trades to be successful ............it is absolutely wrong

let me give you example ..

let say i put 10 trades with 40% accuracy

Winning trades 4 with an average profit of 6 rupees per trade ---4*6=24

Loosing trades 6 with average loss of 1 ruppes each 6*1=6

Profit in 4 trades =24

loss in 6 trades = 6

Net Profit =18 rupees


so see even if your accuracy rate is only 40% you still make good money ......so if any body claiming 90% and 99% accuracy he is fooling you this is blunt truth that most people dont understand

If you follow this mantra only you will make money " cut your loss fast and let your profit run"

very easy to say but very difficult to follow .

Most Advisory people claim 90%---99% accuracy ...........use your common sense if any body has this kind of winning ratio he will become multi millionare in very short time and why he will sell his advice .

"Trading is all about Probablities never certainity "

People sell magic software , claims giving operators tips ............and catch greed of innocent traders

"Consistent money always comes from hard work "


Hope you find this post useful !!!!!

Thanks & Regards
Abhay Mehrotra

Lead Neo Wave Analysis : Buy On dips !!!!!!

Dear All,
                                                       We might head for C wave up for Abc setup
                                                                         


                                                                     Kindly chk chart




Targets & Entry  to Paid Members Only 

M :9873511276

Thanks & Regards
Abhay Mehrotra

Zinc Neo Wave Aanalysis : Buy On Dips ????

Dear All,
                                                           We prefer Buy on Dips Now in Zinc Now

                                                                             Kindly chk chart


Join Us for Quality Trade Idea's

M :9873511276

Thanks & Regards
Abhay Mehrotra

Nifty Neo Wave Analysis : Sell On Rallies Now !!!!!!!!!!

Dear All,
                                                                     We prefer sell on Rallies

                                                                             Kindly chk chart


We went short at 7980 Nifty spot will add more at 8010 Nifty spot if come 

Down Side tgt to Paid Members Only 

M :9873511276

Thanks & Regards
Abhay Mehrora 

Copper Neo Wave Analysis : Time Analysis Save Us !!!!!!!! Now Buy On Dips ???

Dear All,
                        We being bearish On Copper and Expecting it to come down ........kindly read http://www.abhaymehrotra.com/2014/09/copper-neo-wave-analysis-time-price.html

                                                   Below are the chart we posted on that day 



 

What Happened After It 



Time Support was on 17 Sep this warns us that copper Not falling 
in Price terms as expected and reaching Time support 

Till 417 Hold We Prefer Buy On dips 

Tgt On Upside 


Join Us for Quality Updates

M :9873511276

Thanks & Regards
Abhay Mehrotra













Nickel Neo Wave Analysis : Zoomed up from Our Buy levels !!!!!!!!

Dear All,
                            We given a counter trend trade kindly read http://www.abhaymehrotra.com/2014/09/nickel-neo-wave-analysis-counter-trend.html

                                                               Below is the chart we posted


                                                                    What happen after it


Imp : We booked partial profit in Nickel , If "X" levels hold we expect move till 1147 levels 
If break below "X" levels selling comes in 

More details to Paid Members Only 

Join us for Quality Trade Idea 's

M :9873511276

Thanks & Regards
Abhay Mehrotra

Natural Gas Neo Wave Analysis : Exit at Break Even !!!!!!

Dear All,
                          We were expecting good down move but Natural gas zoomed up
http://www.abhaymehrotra.com/2014/09/natural-gas-neo-wave-analysis-time-to.html,we shorted at 240 levels and exit at 240 only when it pulled back again ......how we handel the trade kindly see in charts.Apart from Analysis Trade Management is the Key to success in Trading

                                                            Below is the chart we posted on that day


What Happened Next 




                                                         Join us for Quality Trade Idea's

                                                                      M :9873511276

                                                                     Thanks & Regards
                                                                      Abhay Mehrotra

Tuesday, September 16, 2014

Essar Oil Neo Wave Analysis : Cracked 6% After Sell Update !!!!!!!!!

Dear All,
                 Given Sell update on 11 Sep ..kindly read http://www.abhaymehrotra.com/2014/09/essar-oil-neo-wave-analysis-impluse.html

                                                        Stock fell from 128 to 120 levels 


                                                      Below is the chart we posted on that day


What Happend After It 


Join Us for Quality Trade Idea's

M :9873511276

Thanks & Regards
Abhay Mehrotra



Nickel Neo Wave Analysis :Counter Trend Trade ???

Dear All,
                            Nickel is in downtrend ......but risky trader can look for a Bounce on Upside .

                                                                                Kindly chk chart


  Imp : Hold "X" Levels and Trade above "X" Levels,we expect bounce on this counter else will bleed till 1015

                                                                 More details to Paid Clients
 
                                                                    M :9873511276

                                                                Thanks & Regards
                                                                  Abhay Mehrotra