Markets can remain Irrational longer than you can remain solvent – John Keynes Its never a good idea to take position against the big hedge fund managers. As they have enough liquidity to remain in their positions for...
I can bet most of my readers had at least heard of this name. Well if this is the first time, then let me give a quick brief about the man who solved the markets – Jim Simons. Jim Simons was a mathematics teacher until he...
“Prices have memory” This is the eternal truth of the market (in Gujrati we use to say, “ભાવ ભગવાન છે!”). Prices tell some kind of story, story of buyers and sellers and their aggression. As a...
“The beautiful thing about learning is that nobody can take it away from you” – Winston Churchill Education Every professional such as Doctor, Engineer, Scientists need years of education and practice to become a...
If you ask any successful trader or investor the following question “Is the market random?” I bet Most of them will say, to some extent the market is random but there are certain patterns that the market follows every time...
“Everybody gets what they want out of the market, some people seem to like to lose, so they win by losing money.” These are the words of probably one of the greatest traders of all time, Ed Seykota. An MIT engineer who was...
When I started my trading journey, I used to believe that to succeed in Markets, reading news and predicting market direction were the most important factors. Of course, these are important for many successful discretionary...
Here is a talk between two market wizards, Mark Minervini and David Ryan. If you have not listened to it already, I recommend you to listen to it at earliest. You will probably thank me later. One thing that caught my mind in...
Trend is your friend until the end where it bends – Ed Seykota And before bending, it remains in range bound for quite a time. Overall, the markets remain range bound for more than 75% of the time. Thus, plain Vanilla...
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money – Bill Lipschutz The Story Assume that there are two traders, Akshay and Binod (Yepp, Binod is back...
