Bhagavat Gita advice selfless action to attain salvation via the karma (action) route. There are other ways to attain salvation but the purpose of this post is to take a closer look at selfless action and how mortals like us…
Yearly Archives: 2013
Market Auction Process
Almost all electronic financial markets trade based on an auction market. Understanding how financial auction markets operate is paramount for anyone interested in becoming a successful trader. In traditional auctions an auctioneer conducts the auction process. Typically the auctioneer will…
Posted in Market Internals
Practical Meditation For Trading
New traders tend to believe that the recipe for success in trading is a system or technique that can generate buy and sell signals. Initial intent is to look at myriad of indicators like Stochastic, Bollinger bands, RSI, Momentum, Money…
Posted in TradeBlog
The Random Trader
The Entry Majority of new traders enter the market with knowledge they gained from a weekend seminar, talking to friends or reading some books. If some of the initial trades are winners, novice trader will start believing in his knowledge…
Posted in TradeBlog
11-Jan-2013 EOD
Market opened outside Value Area. Overnight action showed weakness in the LVZ (low volume zone). Price pulled back to open in the afternoon. There is a flip in the HVZ indicating a downside bias for the morning. If this happens…
Posted in EOD Analysis
10-Jan-2013 EOD
Market is still in range. Value area closed above Jan 9th. Price have pulled up above 1465, expect price to pullback to PVP area and consolidate. If price opens above Value Area, expect the price to test value high or…
Posted in EOD Analysis
Becoming a trader
When I started to trade, I started with buying 100 stocks of companies that I know, mostly from the Tech sector. Investors.com was my source of fundamental analysis. I used TC200 and Vectorvest for Technical analysis. After reading “Trading for…
Posted in TradeBlog