It is normal for the average trader to feel a sense of foreboding around a lifetime high level. Add the sizable loss in market capitalization of digital currencies (cryptocurrencies), and you have a breeding ground for doubt, nervousness and caution. Issues like a missile falling in Poland, Chinese lockdowns and sabre rattling by North Korea and Taiwan added fuel to the fire of nervousness.
There are two ways to make Rs 10,000 in trading profits. Either buy 1,000 shares and wait for a Rs 10 price move or buy 10,000 shares and await a Re 1 price move. September is a mo ... Read more
There are two ways to make Rs 10,000 in trading profits. Either buy 1,000 shares and wait for a Rs 10 price move or buy 10,000 shares and await a Re 1 price move. September is a month better suited for the latter strategy. Since a trader is taking a higher exposure, his risk is elevated. He must take smaller and more frequent profits. Carrying over positions to the next session should be avoided wherever possible. Such traders who take small but frequent profits are called scalpers. September historically favours scalpers. Read more
While Indian financial markets have outperformed their global peers, the slam dunk decline in US markets on Friday may unnerve many. The US Federal Reserve is likely to continue on ... Read more
While Indian financial markets have outperformed their global peers, the slam dunk decline in US markets on Friday may unnerve many. The US Federal Reserve is likely to continue on the path to rate hikes. That is negative for corporate profitability and, by extension, equities. Read more
Last week I wrote financial markets were climbing over a wall of worries. Markets lived up to my expectations. I also wrote a trader should ideally take profits daily wherever avai ... Read more
Last week I wrote financial markets were climbing over a wall of worries. Markets lived up to my expectations. I also wrote a trader should ideally take profits daily wherever available since markets were highly volatile. Read more
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