12 August, 2008 - Urge to Trade

It was a bad trading session, Felt in trap of "Urge to Trade". Even though I m still trading in trend of market I m expecting for month. But this urge made be ignore daily trend otherwise i would have been in better position to take position is some of the good counters.

Lets c how position evolves over the period of time. But one thing I m noticing more I get involved in trading position, more myopic view I have on markets. I tend to understand pulse of specific counters and lose pulse of larger dynamic picture. Have to learn switch off the counters in the mindset otherwise will be difficult for me to make money in longer term.

Game: Predict Nifty Closing

Rajesh: -1.5%
Surjit: -1.0%
Amit: -0.15% or +0.15%
Bharat: -0.55%
Yogesh: -0.8%

Check here after market for winner

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