Friday, November 19, 2010

Silver Sell first target Fully done at 40580 !!!!!!!!!

Dear All ,
Today in morning after booking Rs. 60000 per lot in silver we gave sell on silver , first target at 6:30 done at 40580 nw trail with 41000 fr second and third targets.


Thanks & Regards
Abhay Mehrotra

Booked Silver Profit single lot Rs. 60000

Dear All,
Silver Hit 41030 today at 2:00 p.m ...we were long frm 38850 levels ..........we book complete silver at 40980 levels today .....and given a Fresh call : Sell Silver between 40950--41200 target 40580--40250---38850 stoploss 41450.

Thanks & Regards
Abhay Mehrotra

Thursday, November 18, 2010

Silver Both target fully Done !!!!!!!!

Dear All,
Ysterday we have given target of silver 38850 levels to be 39950---40450 ...................todat at 10 p.m. Silver made high of 40870 ..............and still going strong ...... we are trailing nw with 40200 as trailing stploss ......already 2000 + points profit means 2000 * 30 = Rs. 60000 in Silver in single lot .......

Two target 39950--40450 fully achived ...........nw 3 target can be in sight i.e. 41600....... remember we are trailing with 40200 nw ..if trade below 40200 we book profit completly.


join us at tradewithtrader@yahoo.com ..........fr quality trading calls.

Thanks & Regards
Abhay Mehrotra

Wednesday, November 17, 2010

Silver Short term Targets !!!!!

Dear All,
Silver hit a low of 38338 ysterday at Mcx ...........We belive a very short term Bottom is is in Place ......targets fr short term are as follows......


Short term upside 39950--40455.......


Thanks & Regards
Abhay Mehrotra

Tuesday, March 2, 2010

38 steps to becoming a trader !!!!!!!!!!!!!

Dear All,

38 steps to becoming a trader

They are as follows:

1. We accumulate information - buying books, going to seminars and researching.

2. We begin to trade with our 'new' knowledge.

3. We consistently 'donate' and then realise we may need more knowledge or information.

4. We accumulate more information.

5. We switch the commodities we are currently following.

6. We go back into the market and trade with our 'updated' knowledge.

7. We get 'beat up' again and begin to lose some of our confidence. Fear starts setting in.

8. We start to listen to 'outside news' and to other traders.

9. We go back into the market and continue to 'donate'.

10. We switch commodities again.

11. We search for more information.

12. We go back into the market and start to see a little progress.

13. We get 'over-confident' and the market humbles us.

14. We start to understand that trading successfully is going to take more time and more
knowledge than we anticipated.


MOST PEOPLE WILL GIVE UP AT THIS POINT, AS THEY REALISE WORK IS INVOLVED.


15. We get serious and start concentrating on learning a 'real' methodology.

16. We trade our methodology with some success, but realise that something is missing.

17. We begin to understand the need for having rules to apply our methodology.

18. We take a sabbatical from trading to develop and research our trading rules.

19. We start trading again, this time with rules and find some success, but over all we still hesitate when we execute.

20. We add, subtract and modify rules as we see a need to be more proficient with our rules.

21. We feel we are very close to crossing that threshold of successful trading.

22. We start to take responsibility for our trading results as we understand that our success is in us,not the methodology.

23. We continue to trade and become more proficient with our methodology and our rules.

24. As we trade we still have a tendency to violate our rules and our results are still erratic.

25. We know we are close.

26. We go back and research our rules.

27. We build the confidence in our rules and go back into the market and trade.

28. Our trading results are getting better, but we are still hesitating in executing our rules.

29. We now see the importance of following our rules as we see the results of our trades when we
don't follow the rules.

30. We begin to see that our lack of success is within us (a lack of discipline in following the rules
because of some kind of fear) and we begin to work on knowing ourselves better.

31. We continue to trade and the market teaches us more and more about ourselves.

32. We master our methodology and our trading rules.

33. We begin to consistently make money.

34. We get a little over-confident and the market humbles us.

35. We continue to learn our lessons.

36. We stop thinking and allow our rules to trade for us (trading becomes boring, but successful) and our trading account continues to grow as we increase our contract size.

37. We are making more money than we ever dreamed possible.

38. We go on with our lives and accomplish many of the goals we had always dreamed of
.


Thanks & Regards
Abhay Mehrotra

Monday, March 1, 2010

How I Trade For Living !!!!!!!!!!!!!!!!!!!

Dear All,
I trade for living , how here's how i try to do it with some rules that i follows regularly.

1. Have Trading Plan

2. Think in Terms of Probabilities

3. Know Your Time Frame

4. Define Your Risk

5. Always Place a Protective Stop

6. Your First Loss Is Your Best Loss

7. Never Add to a Loser

8. Don’t Overtrade

9. Keep Good Records and Review Them

10. Add to Your Winners

11. Use Multiple Time Frames

12. Know Your Profit Objective

13. Don’t Second-Guess Your Winners

14. Know the Limits of Your Analysis

15. Trade with the Trend

16. Use Effective Money Management

17. Know Your Ratios

18. Know When to Take a Break

19. Don’t Trade the News

20. Withdraw Equity Regularly

21. Be a Contrarian

22. Study Winning Traders

23. " Be a Student of Yourself "



Thanks & Regards
Abhay Mehrotra

Saturday, February 13, 2010

7 Habits of Successful traders!!!!!!!

Dear All,
7 Habits of Successful traders are as follows.......

1. Take A Complete Responsiblity

2. Have a system that fits You

3. Plan a Trade and Trade a Plan

4. Work hard at Learning How to Trade and and Keep Working

5. Positive self Belief

6. Viewing Trading as a Score in Points not as Money

7. Keep Trading as a part of Balance Life


can add my id ...... mehrotraabhay108@yahoo.in




Thanks & Regards
Abhay Mehrotra