Sunday, July 27, 2014

WHY WE NEED TREND STUDY?

RAMESH BABU (omjee.blogsot.in) believes:
* that we should not do unusual things like: going for shorts, when ever market is uptrend or going for longs whenever market is for correction. 
* as we all know stocks market driven by group of people. single man/single stock can't do much impact on market, only group of people/stocks only can show reasonable impact on market.   unless you know mob's (bunch of people) moving direction, we can't be much comfortable, particularly in day trading.
* as trend is determined by volumes, obviously price also effects.  that is reason we should analyse buying/selling pattern.
* trend study will help us navigator in a (price) journey and gives lots of confidence for our stay with stocks.
* trend study is like "double edged sword": which we can play long or short with same stock/indice/market.
* we all know: how much strain will be there, if we try to swim against direction of swim.  same way our time and money value (in the form interest, premium or price) will be strained.
* in stock market every day / every trade gives new experience which means it is UN-expected thing.  trend study at least gives us some warning by which we can do/continue our trades with stop loss or trailing stop loss.

 WE SHOULD FOLLOW: " MARKET TREND - INDICES PARTICIPATION - INDUSTRY IMPACT - COMPANY VALUE - PRICE vS VOLUMES (DEMAND)" TO GENERATE SIZABLE PROFITS AND TO CONTINUE IN STOCK MARKET.





No comments:

Post a Comment