Tuesday, January 19, 2010

WITH EVERY PASSING DAY THE STOP LOSS GETS CLOSER!!

THE BENCHMARK INDICES have reduced my work to a great extent...When I look at the charts at 12 pm...Its the same as 11pm....at 1pm...its the same as 12pm.....I even tried a dare devil stunt, by looking at the intra day charts at 3 pm directly after 1.....Nothing changes!!! Nothing!


If you are not in the right stock, at the right time of the day...the latter in quotes! you are not making money...


Let the market decide its course....till then relax...


Risky traders can long PIPAVAV SHIPYARD for a quick target of 64-65. Keep a stop loss of 56.


Have a good trading day,




Regards,
Rahul T
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About Me

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Welcome to my blog.The name is Rahul Tawde. I have adopted trading as my profession and have been practicing it for over 2 years.This blog is an attempt to reach out to people in the capital markets who trade for a living.I welcome fellow professional traders to come forth with any suggestions to improve my blog and also to improve our trading.