Story Of Market


Three blind men encountering an elephant. "It's a tree," says one, stroking a leg. "No, no, it's a snake," says another, feeling the trunk. "No, this must be a house," insists a third, spreading his arms against the bulk of the elephant's body.
All three had a different perception of the elephant based on the part they examined, and all three conclusions were wrong. The elephant was larger and more complex than any of the men realized.
Every one have different perception & this human nature create the market.
The Bear saw a fall in market as a great vindication of his view and recovery of his position.
The Bull saw the action as a short pullback to add to or enter a long position.
Every buyer & seller in the market think, he is right & make money………But only few of them are winner those who control their EMOTIONS, maintain DISCIPLINE & treat trading as a SCIENCE + ART.

Try to be a winner……….But step by step…….All the best.

Comments

Post a Comment

Popular posts from this blog

INTRODUCTION TO CANDLE CHART - PRAT ONE

Image
Introduction to candlesticks Candle Sticks analysis was developed by Japanese in 17th Century to trade rice. For a candlestick chart, the open, high, low and close are all required. A daily candlestick is based on the open price, the intraday high and low, and the close. candlestick charts have become quite popular in recent years because :  It is easy to understand  Provide earlier indications of market turns so it will help us to enter & exit the market with better timing.  Reading candle chart with other indicators give us a better understanding about the market condition. CONSTRUCTION OF CANDLE STICKS In order to create a candlestick chart, you must have a data set that contains open, high, low and close values for each time period you want to display. The hollow or filled portion of the candlestick is called "the body". The long thin lines above and below the body represent the high/low range and are called "shadows". If the close is lower than the open
Read more

Stock Market – Tips for Beginners

As a beginner, you must understand two things – firstly never try to get rich in a day by doing over trading, Secondly trading is not a hobby but a very competitive business. So we have to control our emotions during trading & Also have some basic understanding about the terms used in Stock Market. Warren Buffett has suggested that every investor should be able to understand basic accountancy principles, an annual report and stock market history. You probably do not need to become an accountant, but being able to understand the scoring system of the game can only help. We must check some basic informations about the company before investing in it 1. P/E Ratio (Price-To-Earnings Ratio) :- P/E Ratio of a stock is a measure of the price paid for a share relative to the annual income or profit earned by the firm per share. A high P/E Ratio indicates that the share price is high relative to its current earning power. Possibly indicating that the stock is overvalued & a fall mi
Read more