Friday, April 29, 2011

1. Previous Sell Signal @5859 yielded another +57 points. Nifty made a low 5720.
2. Buy Signal @ 5761. Position carried forward.

"Wealth only increases when people learn how to learn from their mistakes."

Thursday, April 28, 2011

Bulls Stoned to Death on Expiry

1. Yesterday we got a Sell Signal @ 5859. Today it came down to 5776.15. (+82 points)


"Speculation is not bad, but bad speculation is a Disaster."

Tuesday, April 26, 2011

1. Sell Signal @ 5845. Fell down to 5793. (+52 points)
2. Buy Signal @ 5834. Went up to 5907.90. (+73 points)

      Total Points: +125 points

"Knowing Others is Wisdom;
 Knowing the self is Enlightenment.
 Mastering others requires Force;
 Mastering the Self needs Strength."
                                       - Lao Tsu

Monday, April 25, 2011

Dead Market

Wednesday's Buy Signal @ 5814 is still continuing. Today no movement at all.

"You're going to have losses in trend following. You can't make money if you are not willing to lose. It's like breathing in, but not being willing to breathe out."

Thursday, April 21, 2011

1. Yesterday's Buy Signal @ 5814 is still continuing. Today went up to 5931 yielding another +51 points.

"You can't be a Trader when you are right and an Investor when you are wrong. That's how you lose."



Wednesday, April 20, 2011

1. Yesterday's Buy Signal @ 5764 went up to 5820. (+56 points)
2. Today Sell Signal @ 5779. Didn't fall at all. (-35 points)
3. Buy Signal @ 5814. Went up to 5875. (+61 points)

     Total Gain: +117 points
     Total Loss: -35 points

"There are Old Traders, there are Bold Traders, but there are no Old Bold Traders."

Tuesday, April 19, 2011

1. Buy Signal @ 5746. Went up to 5781. (+35 points)
2. Sell Signal @ 5727. Didn't fall at all. (-37 points)
3. Buy Signal @ 5764. Position carried forward.


"Don't argue with the Market. Listen to what it is saying."







Monday, April 18, 2011

Bull Side or Bear Side we are on The Right Side

1. Buy @ 5867. Went up to 5920.95 (+53 points)
2. Sell @ 5872. Fell down like a rock and touched 5727.10 (+144 points)

     Total Gain: +197 points

"Trading in a downtrend is the most secure and profitable way to increase your account balance."

Friday, April 15, 2011

Infosys plays Spoilsport

1. Sell Signal @ 5875. Fell down to 5820.70. (+54 points)


"Don't try to guess how far a trend will go. You can't . A market is going to go where a market is going to go."

Wednesday, April 13, 2011

Bull Attack

1.Friday's Sell Signal @ 5879 yielded another +46 points when nifty made a low 5750.
2.Today Buy Signal @ 5813. Went up to 5947. (+134 points)

    Total Gain: +180 points

"Fortune Tellers live in the future. So do people who follow Fundamental analysis."

Monday, April 11, 2011

1. Yesterday's Sell Signal @ 5879 is still continuing. Today made a low 5796.50. Another +35 points.


"The four most expensive words in the English language are "this time it's different."

Friday, April 8, 2011

1. Day before yesterday's Buy Signal @ 5920. Went up to 5937 only. (+17 points)
2. Today Sell Signal @ 5879. Fell down to 5831.60. (+47 points)


    Total Gain: +64 Points.


"I keep six Honest serving-men
They taught me all i knew
Their names are What and Why and When
And How and Where and Who."
                                           Rudyard Kipling

Wednesday, April 6, 2011

1. Sell Signal @ 5915. Fell down to 5880.30. (+34 points)
2. Buy Signal @ 5920. Position carried forward.


"I don't predict a non-existing future."  
                                             Ed Seykota


Tuesday, April 5, 2011

1. Yesterday Buy Signal @ 5893. Went up to 5955. (+62 points)
2. Today Sell Signal @ 5904. Fell down to 5872. (+32 points)
3. Buy Signal @ 5913. Went up to 5942.50. (+29 points)

    Total Gain: +123 points

"Some people seem to like to lose, so they win by losing money."
                                                                                        Ed Seykota

Friday, April 1, 2011

Only Fools; No Bulls and Bears


No Signals Today.

"Don't risk more than 1.5% of your starting balance on any one trade"