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
"It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change."
Friday, November 19, 2010
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
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
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
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
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
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
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
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