Monday 12 November 2012

Technical Analysis - Will you make money using it?

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As a trader, all of us have our own strategies on trading.

We see SGX Nifty, Advance/Declines, Premium, Europe Mkt, US Mkt, Crude etc

Some times, it works and other time, it fails. When it fails, usually we hear "Market is WRONG".
It should not have gone up/down.

And one more thing is heard always, "I am not LUCKY today".

If you want to only trade with LUCK, you are only GAMBLING. If you really want to make big money in stock market, then STOP giving money to MARKET and invest the same money on learning technical analysis. Practice, Practice, Practice until you perfect it.

Majority of people loose money in stock market since they don't have DISCIPLINE.
And market will PUNISH when trade with GREED/FEAR

Technical Analysis is a study of DEMAND and SUPPLY or PRICE/VOLUME which will give you the direction of the market. It is a wide topic and has many parameters. Learning this in depth is very important to trade effectively. Technical analysis works on all markets, whether it is in USA, UK, Europe, Asia etc. It works wonderfully for Equity, Derivative, Commodity and Currency market.

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Want to learn more on technical analysis or want to get expert advice on trading, email me at nsebsestocktradingcalls@gmail.com


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