Bad news of PNB, SBI and Union Bank of India, the war between world’s top two largest countries US and China over trade tariff leading to Japan’s Nikkei, Dow Jones and S&P 500 plunging 5-6 percent each will certainly have an effect on our stock markets as well.
Now based on this opportunity market pundits will start telling different stories in business channels and news portals online. Some will say go short Nifty might see 9600 in days to come, some will say go long Nifty will bounce back soon. Whom to listen?
Can any of these so called experts pin-point the immediate bottom? No. Why? Why these things happen? Because they see different technical indicators. Problem with too many technical indicators is that they give different signals.
RSI, STOCH, STOCHRSI, MACD, ADX, Williams %R, CCI, ATR, Ultimate Oscillator, ROC, Bull/Bear Power, etc.
Why these technical analysis tell a different story? Because they all look at different things so obviously all will draw a different picture.
Read this – Technical Analysis Does It Make Money.
This is the reason traders lose money – either speculations, or tips, or I think so but it did not happen 🙁, or some technical indicator or some trading software, algo trading – the list is endless.
So who makes money? A person who keeps things simple – does not goes for these fast indicators and speculations. Keeping things simple always makes money in stock markets. And this is what you will learn in my course. And if anything goes wrong then hedging takes care that losses are arrested.
You can enroll for my course here and invest in leaning. Remember education will help you for life.
You Can Read More On My Site
WhatsApp or Call me: 9051143004
If you have any question you can contact me.
You can read about me here and my trading mistakes here.
Dilip Shaw, Founder
Copyright Infringement: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. In other words I am a sub-broker. I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other forms of social media. I strictly adhere to laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles in this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given in this website. I am not responsible for any investment decision you take after reading any article in this website. Click here to read the disclaimer in full.