Morning Sectoral Glance - This saves me from errors quite often
Generally traders and investors follow every morning- news, analysis, research reports & opinions
I am slightly different that i ignore almost all macro, TV news - unless it is stock specific, material (like earnings or M&A) - during trading cycles. These are the things that have kept me out of trouble
Just listening to Nifty analysis, news, what XYZ is saying etc has lost me a lot of money. I think the current process I follow now is far better and objective. Please comment or share if you like this - please feel free to suggest any topics as well!
PS - the objective of this channel is to learn and share, and not a commercial venture for me
I am slightly different that i ignore almost all macro, TV news - unless it is stock specific, material (like earnings or M&A) - during trading cycles. These are the things that have kept me out of trouble
- Sector Analysis - Having all the sectors up on either Tradingview or Trendlyne (which i love btw)
- 3 Rower Philosophy - What is my stock, its sector and the overall Market doing? (Courtsey William O Neil - who I consider to be the greatest stock teacher ever)
- Look at things in context to the news - the biggest setups come when the stocks are doing something different from the overall news
Just listening to Nifty analysis, news, what XYZ is saying etc has lost me a lot of money. I think the current process I follow now is far better and objective. Please comment or share if you like this - please feel free to suggest any topics as well!
PS - the objective of this channel is to learn and share, and not a commercial venture for me
Best advice ever - Cut your position size by half.
** Small Cap Nifty / Mid cap Nifty near life highs
** Mid cap Tech clearing highs (not large caps)
** Metals near highs
Nifty, Bank Nifty look terrible - so anyone looking superficially at the markets things its all bad - but we are smarter than just looking at indicies - right!