Friday 30 December 2016

Wish You A Very Happy New Year 2017..!!

As anticipated by Force numbers in chart of 26-12-2016, NIFTY started upmove next morning itself and today closed higher by 275+ points..!!

Wishing you A Very Happy New Year with the promise that in 2017 our analysis & trading performance will surprise you even more.

Friday 18 November 2016

Practice Matters & Dedication Pays..!!

Since this blog started in 2012, i have posted more than 100 chart analysis, mostly on NIFTY and if anyone studies each one of them chronologically he would be amazed to see accuracy above 96%. All bull and bear markets were predicted before any expert in public domain either on TV or internet. This time also 2-weeks in advance on 27-10-2016 chart itself, when everyone was just complacent i used the big word 'breakdown' and now it's there on the chart.
Let me share with you it feels great & deeply satisfying being in this journey of markets even after tons of hard work i have to put during last 10 years. In 2011, before my first big idea of KTW, i had no clue that i would be this successful someday. Now i look forward how things will be 10 years hereon..:)

Wednesday 9 November 2016

India Takes Giant Leap Forward..!!

Due to today's volatility previous record of highest single day ledger credit of INR 2,14,000/- gets broken and new number is now INR 2,40,000/-.

Friday 9 September 2016

Food for Thought - 034

“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” -- Jesse Livermore

Saturday 13 August 2016

Goddess Laxmi follows Goddess Saraswati..!!

Today SBIN moved good on quarterly results during market hours and we caught the most of it. INR 2,14,000 got credited to my ledger, highest till date on single day trades. Big credits were always a dream and now with God's grace and our hard work those dreams are coming true one by one. I plan to be the highest tax payer among all people i know well before 2020.
 

Wednesday 10 August 2016

Food for Thought - 033

Markets are constantly in a state of uncertainty & flux and money is made by discounting the obvious and betting on the unexpected. - George Soros

Monday 18 July 2016

Food for Thought - 032

Each day you must choose one of two pains: The Pain of Discipline or The Pain of Regret. -- Jim Rohn

Thursday 30 June 2016

Food for Thought - 031

"Be a trader of your signals not cheerleader of your bias." - Steve Burns

In my definitions also a trader is someone who follows his signals from the market and rest are speculators, betting on their best guess. Although highly selective speculators also have chance of making money but traders will do better finally. Proof is 80%+ volume in Nasdaq is generated by algo-trading computers. - Kamlesh Uttam

Saturday 25 June 2016

BREXIT-2016 : A Very High Reward/Risk Trade

This event was never-before type. But high reward/risk ratio was quite evident to all as No-Brexit meant business as usual but if at all it happened then massive price cracks were bound to happen due to long-lasting implications on world economies. Played this event with TataSteel320PE as it was highest linked to UK which got multiplied 5+ times on Brexit vote. Cheers!!

Wednesday 15 June 2016

Food for Thought - 030

80% of global wealth is with traders & investors - logically our youngsters should be informed & taught to join this club as early as possible than only about obtaining fancy degrees. I could start this wonderful journey only after crossing 30, i seriously regret it. --Kamlesh Uttam

Wednesday 1 June 2016

Food for Thought - 029

Though money in the markets is also made by predicting price but easier way is definitely by reacting to price. -- Kamlesh Uttam

Friday 20 May 2016

Food for Thought - 028

90% of people in the stock market, professionals and amateurs alike, simply have not done enough homework. –William J. O'Neil

Saturday 23 April 2016

Food for Thought - 027 - Risk Management

Primary job of traders is Risk-management all the time. Reward-management for these risk-managers is solely market's job. In other words,
1. Limit your losses (define risk per trade and know the worst case).
2. Don't limit your profits (let the market itself decide your reward).
(Interestingly, i am yet to see any trading system/plan which can beat even trading costs for a couple of years by violating any of the above two rules of trading. Both rules are powerful just because markets are powerful wild beasts, Bulls & Bears. If you don't incorporate rule-1 in your trading plan, your account is bound to vaporize eventually. If you incorporate rule-2 then only you can catch big profits which are backbone of final result. Illustration: If a trader does 100 trades four outcomes are possible. (1) Small profits, (2) Small losses, (3) Big profits and (4) Big losses. Now if the trader can control big losses then he will be automatically a winner as small losses will get neutralized by small profits and big profits will dominate overall result. -- Kamlesh Uttam

Thursday 24 March 2016

Food for Thought - 026

"Karm pradhan vishwa rachi raakha" - Tulsidas

People who don't love their work (karm) are less likely to excel in that field and the way every field is becoming fiercely competitive it may lead to even question of survival in coming times. Right man at wrong place is a real irony & loss to the potential of a society. Single most important advice i have for every teenager is - "Keep on exploring this world with open mind & heart and find out as early as possible in your life what you love to do. The work you will love doing for 100 more years. The work which refreshes you. The work which you feel proud of doing." -- Kamlesh Uttam

Wednesday 24 February 2016

Food for Thought - 024

Markets mostly operate contrarian by nature and trading is a statistical business but conviction for a trade should better be binary. - Kamlesh Uttam

Saturday 13 February 2016

Very Few Saw It Coming..!! - Part-II

This chart was posted on 14-March-2015, well before any market veteran in media could at all sense it. (One of our blog-readers pointed about this chart.) 

WHY of the Call is also given in the chart. 
1. Fundamental clue - Historically Unsustainable PEs - Signal be Awaited
2. Market Psychology clue - Divergent Price Action - Signal Confirmed.

Many Thanks to all blog-readers who have caused total page visits to six figures (1,18,000+) and are inspiring me to post good stuff.

Wednesday 10 February 2016

Very Few Saw it Coming..!!

These days a broking company's analyst (SM) is being celebrated in the media for his - "i told you so" about bear market. 

But our charts detailed -
1. "Why so" as well &
2. That too 'before any' celebrated voice in media. (Check it over internet before 13-06-2015. I remember nobody wanted to hear word 'bear' at that time..:). 
http://uttamsmethodofselling.blogspot.in/2015/06/nifty-on-monthly-tf-13-06-2015.html
3. Our charts were on the spot for upside breakout as well - Well before Modi-wave became violent...:)
http://uttamsmethodofselling.blogspot.in/2014/04/breakout-theorem-on-nifty-monthly.html

We too deserve a pat for both these charts. Well...this post may be food for thought to persons who strongly believe technical analysis does not work..!!

Thursday 4 February 2016

Food for Thought - 023

So the major advice I would give anybody is: Recognize that this is a very competitive business, and that when you decide to buy or sell a stock, you are competing with people who have devoted a good portion of their lives to this same endeavor. In many instances, these professionals are on the opposite side of your trades and, on balance, they are going to beat you. --Michael Steinhardt

Thursday 28 January 2016

Food for Thought - 022

“One principle for sure would be: get out of anything that falls below the 200-day moving average.” - Paul Tudor Jones

Saturday 16 January 2016

Food for Thought - 021

You make most of your money in a bear market, you just don’t realize it at the time.” - Shelby Davis

Wednesday 6 January 2016

Food for Thought - 020

The most important is discipline. Second, you have to have patience; if you have a good trade on, you have to be able to stay with it. Third, you need courage to go into the market, and courage comes from adequate capitalization. Fourth, you must have a willingness to lose; that is also related to adequate capitalization. Fifth, you need a strong desire to win. Gary Bielfeldt