Get started
Nifty IT IndexNifty IT IndexNifty IT Index

Nifty IT Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals Components

CNXIT trade ideas

Trading - Make it easy - Part 6Its said, "the only thing you can control is you". Most of the newbie traders get frustrated, angry when their expectations are not met in the outcome of their trades. Market movement + your actions = profit or loss. Nobody can control the movement of markets, but its in your power how to trade. When people lose money in trading they tend to blame others. "Others" can be big institutions, market, broker etc etc. The right way to handle loss is "taking responsibility for your trades". When you take responsibility, you will think, "how i traded to get a loss?" "how should i have traded better?", "What changes I can make to get profit?". And these will make you a better trader. Instead, if you blame others for your loss, then you will do the same mistakes which will give the same outcome.
NSE:CNXITEducation
by vanathi
2
Newbie's CornerA trader is a person who buys or sells an instrument/stock. He follows a strategy and rules with discipline to make money. A delusional gambler is a person who gambles about himself. He will have delusions like I can not trade well, I am not lucky enough to make money from share market etc. When a person fixes some information like this inside their head, automatically they gamble & wont make money. Everybody have delusions about themselves in their mind. I have heard people saying, " I dot have time for this now, and when I have time, I will do it". Fact is thoughts like this will never allow them to make time. Gann said, " When price meets time, big movement happen". Price action moves towards time for the movement to happen. If it is not moving towards time there wont be any movement. Most people think, if their strategy works 100% then only they can make money. Reality is ypu can make awesome money if it works 60%. So dear traders come out of your excuses like I dont have time to learn trading. Allocate few minutes daily and learn with focused mind. During that time dont distract yourself in other activities like checking mails, sending msg etc. Anybody can trade, only thing they require is determination. Good luck!!!
NSE:CNXITEducation
by vanathi
9
Trading - Make it Easy - Part 5Its said, "Do not practice until you get it right. Practice until you can not get it wrong". When newbie traders learn a concept, they forget the fact that they have to gain experience by practicing using small position size and sharpen their skill set around that concept. Instead they learn a concept, try it for few days, then when they face difficulties, they look for some other concept. Any professional skill set can be developed by practice only. Aristotle said, "We are what we repeatedly do, excellence is not an act, but a habit". Practice trading with small position size, do disciplined trades and make it as a habit. Then money follows you automatically.
NSE:CNXITEducation
by vanathi
6
NIFTY IT: WEEK-TECH-SHEET-> 28th January 2019 to 01st February 2NIFTY IT: WEEK-TECH-SHEET-> 28th January 2019 to 01st February 2019 NIFTY IT moves around + 765.05 pips from 28th January 2019 to 01st February 2019, in which nifty breaks last week 21ST January 2019 to 25th January 2019 top 15161.20 If it continuous to break 15752 Buy @t Entry: 15800 Stop Loss: 15100 Target 1: 15975 Target 2: 16033 Target 3: 16150 Target 4: 16500 REMEMBER NIFTY IT 2018 TOP: 16360.60 (OVER ALL TOP)
NSE:CNXIT
by GHSTOCKTRADING
Trading - Make it Easy - Part 4It is said, "Your mind works when it is open, like a parachute". Share market is always changing. When a person is having an open mind, they explore new things and grow. Progress wont be possible if we do the same things in the same way. We cant expect different outcome from same process. When a person comes to share market, he will be having certain belief, "I can make easy money", "I can become rich quicker". After some time, he will realize, "I have to learn to earn", "I have to be disciplined & have patience". This type of understanding comes when a person have an open mind. We can not change the market as per our expectation, but we can understand the market with our knowledge. If we think we know everything, then it will block us from learning new things. To make money one should keep on learning with open mind, accepting new ideas and should not have the "Ego" that they know everything. Hit like to encourage to get more ideas like this.
NSE:CNXITEducation
by vanathi
11
Trading - Make it Easy - Part 3It is said "Success comes automatically when you are passionate about the work you do". Once you are passionate about your work, you wont get tired and you love it as if its your hobby. I heard people saying, "I have free time in morning, so I want to earn money in that time by trading". Trading is not a job which you can take lightly. As it involves emotions and since we are attached very much with money, even a single loss can bring sleepless nights. So what to do to become a profitable, successful trader? The first step is to have right mind set for trading. A calm, stable and disciplined mind set is needed to trade better. Passion towards trading makes you to be more ambitious, makes you to act with your mind, body & soul aligned towards trading. Develop passion towards trading, and you will find ways automatically to fulfill it. Hit like & subscribe to post more ideas.
NSE:CNXITEducation
by vanathi
6
NIFTY IT: WEEK-TECH-SHEET-> 7th January 2019 to 11th January 201NIFTY IT: WEEK-TECH-SHEET-> 7th January 2019 to 11th January 2019 NIFTY IT moves around + 361.45 pips from 7th January 2019 to 11th January 2019, in which nifty breaks did not break last week 31st December to 4th January 2019 top nor bottom. As mentioned on reference 4th January 2019 evening order If it continuous to break 14593.85 Buy @t Entry: 14600 Stop Loss: 13900 Target 1: 14775 Target 2: 14833 Target 3: 14950 Target 4: 15300
NSE:CNXIT
by GHSTOCKTRADING
Trading - Make it Easy - Part 2It is said "Knowledge is power". We get knowledge from books and experiences. Lets see the list of books which will help you improve your technical knowledge. 1. "Technical Analysis Explained" by Martin J Pring 2. "Japanese candlesticks charting technique" by Steve Nison 3. "Trading for a living" by Alexander Elder 4. "Reading price charts bar by bar " by Al Brooks 5. "Trading in the zone" by Mark Douglas. 6. "Fibonacci Analysis" by Constance Brown After completing these books you can read "Market Wizards" by Jack D Schwager and "Reminiscences of a stock operator" by Edwin Lefevre. Often I get the query "what books to read to gain technical knowledge" from the Newbie's and above is the list for them. You need knowledge about trading psychology to apply your technical knowledge in live market. Read my old posts about "trading psychology". When you learn everything yourself, it takes time. To shorten the time of your learning curve, find a mentor and learn to trade well. Trading makes a person a better human being. I wish you all "A blasting, prosperous, joyful new year 2019". Every day is a new day. Every beginning is a new beginning. Stay focused and achieve your goals. I thank all the readers/analysts/friends here for their wonderful support in 2018. Your support encourages me to write more. Do hit like to get more posts. regards, Vanathi
NSE:CNXIT
by vanathi
8