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

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!!

NIFTY50 - Force Analysis - 17-06-2016

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

NIFTY50 - Force Analysis - 09-06-2016

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