Successful traders are like race drivers. They know how to manoeuvre their way at high speeds. What makes them different is that they know what lies under the hood of the vehicle they are driving and how to correct it if there is a breakdown.The charts and indicators that they use are well-researched to the point where they become second nature and muscle memory. They do not need to think before they react; the reaction comes automatically.If you are a scalper who holds a position for a few seconds to a maximum of a few minutes, your reaction has to be automatic. There is no time to think, all the thinking has to be before and after market hours.Close Sivakumar Jayachandran (@justsiva123) trades on the high-speed race track. A scalper 90 percent of whose trades are held for less than two minutes, Siva as he is called by fellow traders was another trader who proved his mettle at the this year’s Investor Carnival held in Goa. Trading on expiry day along with veteran traders, … [Read more...] about Sivakumar Jayachandran: Journey of a BPO employee to a star trader
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We are definitely trading at a record high from the index point of view, but the majority of the stocks are still trading at multi-year lows. I believe that bottom-up investing, with a portfolio of 15 to 20 high-quality stocks will help, Santosh Kumar Singh, Head of Research, MOAMC, said in an interview with Moneycontrol’s Kshitij Anand.edited excerpts:Q) A big bailout package unveiled by the Cabinet on the real estate sector is something which was the need of the hour. Do you think the amount is enough or the government might have to put in more money to move the needle? Any stocks which are likely to benefit the most from the package?Close A) The bailout package announced by the Centre is definitely the need of the hour as a lot of housing projects are stuck for just last-mile funding. The biggest positive is that this money can be even used for the stressed project which is either NPL or referred to NCLT. related news This smallcap debt-free company has … [Read more...] about Investors should look at bottom-up investing with max 15-20 stocks in portfolio
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