Trading POC – Page 14 – Just information about trading

A Brief Idea On Starting Commodity Trading In India

Posted on April 23, 2019 by blogger

Commodity trading has a very old history in India. In fact, the practice of trading in commodities started in India much earlier than in most other countries. However, years of foreign rule, periods of commodity scarcity, and lack of proper Government policies caused the commodity market somehow diminished in India. But that has become past as well. Hopefully, commodity market was recently given a huge boost in India. A regulatory body called the Forwards Markets Commission (FMC) was set up as early as 1953. As of present, India has four fully computerized national commodity exchanges for facilitating the trading practice in India.
What are the four key centers for trading in commodity?

These four key exchanges are the,
National Multi Commodity Exchange (NMCE)
Multi commodity Exchanges (MCX)
Indian Commodity Exchange (ICEX) and
National Commodity and Derivatives Exchange (NCDEX)
However, before you begin trading commodity, you should be aware of the various basic parameters that guide the ups and downs of the commodity market. Only when you are aware of these basics of trading, you can ensure substantial profits in commodity trading. Presented here is a brief idea on the trading system.
The benefits of trading in commodities
There are several advantages of this trading procedure. These advantages have been outlined as following.
It is much cheaper than trading in stocks. That is because the margins are considerably lower than that of the stock futures
Brokerage is comparatively considerably low in trading commodity futures
The trading process is less complicated. You are not required to study balance sheets or compare financial statements as with stocks. All you are required to do is to follow the demand and supply curve of the commodities that you are trading very closely.
Sound advice for the beginners
If you are new to this trading system, then first you should do your homework properly before you engage in trading. Here are the suggestions on how you should break into the market.
Visit the commodity exchange markets listed above to see which commodities are on offer for trading. There are only a select few commodities for beginners.
The NMCE has agricultural commodities and metallic commodities under its fold
The NCDEX offers metal, agriculture and energy commodities for trade
You may also check out the MCX for the availability of commodities
Once, you have decided the commodity based on your research, you hire a good commodity broker to do the job for you.
If you are interested in Commodity Trading and Intraday Trading, Forex Trading in India or choosing Trading as a Career; Sahajmoney is one stop shop for you. We help Indian investors maximum profits in Indian Stock market.

Day Trading Articles – How To Find The Best Authors

Posted on April 19, 2019 by blogger

With the rise of day trading online, there are a lot of day trading articles on the net. If you want good information you want day trading articles that have been written by people who actually trade and thats what were going to look at here.

The vast majority of articles written on day trading are not written by traders at all. There normally written by people who are simply trying to make money by appealing to traders to visit their site where they have ad words or products from vendors for sale.

These products appeal to people who are looking for an easy way to make money in forex and they lose.

The fact is day trading simply doesn’t work.

As an experienced trader, I find it amusing that people actually believe what some authors say in terms of day trading, here are just some examples:

“Predict market tops and bottoms with 90% accuracy”

“Scalp profits everyday”

“Earn $10,000 a month with this system”

Of course these day trading systems don’t work as the track record that comes with them will have the disclaimer below (or a similar one), read it carefully:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

What this means is a vendor can make up any track record they like in hindsight, knowing the closing prices – but trading is actually a little more difficult, you have to trade without knowing the closing prices!

You will never see a day trading system with a track record of real gains, audited with account statements over the longer term. If you do – let me know because I have been trading for 25 years and never seen one.

Day trading forex day trading stocks, day trading commodities, day trading CFD’s – it doesn’t matter – day trading does not work in any of them due to the following:

All volatility in short term time frames is random and prices can and do go anywhere, meaning that if you try and use support and resistance levels they wont help you with your trading signal or help you get profitable market timing.

You therefore can’t get the odds in your favour and will lose over time.

This is fairly obvious when you consider that the price in any financial market is made by a vast diverse group of traders.

You simply cannot predict what this vast mass of people will do in a period of a few hours – the time period is simply to short.

If you want to make money trading then you need to trade longer time frames, where you can calculate and get the odds in your favour. This means swing trading or trend following.

So the next time you read a day trading article you should be aware that the person writing it has probably got no experience on the subject they are actually writing about. There are lots of day trading articles and the vast majority of the authors have simply never traded.

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The Importance Of Tapping Into The Power Of The Unconscious Mind For Successful Trading

Posted on April 15, 2019 by blogger

When I talk to most traders about Discipline and the importance of following their Trading Method and sticking to their Trading Plan, everyone knows it is the obvious and right thing to do. however why is that most traders never stick to this Conscious agreement that they have made with themselves? The simple answer is:

“Conscious Effort alone is never going to be enough!”

When I tell people this they even agree, or say “I know that trading is more than 90% Mindset” however not many traders are aware of the Importance of this and never really take any steps to Master themselves and their own Mindset to take their Trading to the next level. Again, Why is this? If you know that Success in Trading is determined mostly by focusing on yourself, why do traders never explore this in any depth?

My personal belief through working with many traders over the years has come down to one simple answer, and that is their EGO gets in the way!

Most traders will never be honest enough with themselves to admit that the reason that their Trading Performance may decline is because of something deep down within themselves. This is a huge problem for some, and unfortunately if you cannot be honest with yourself about your own trading Performance, then how do you honestly expect to improve?

My Number One Tip for Traders is, “Be Honest with yourself and be Open, If you are Closed, you may as well consider your trading business Closed!”. As harsh as that may seem it’s the Reality of this Business.

What I see is that Traders continuously try to Master themselves and their Trading with purely Conscious Effort and reading Traders Psychology Books. this will never, never work!! Because here in lies the problem: The conscious mind can only process about forty bits of data per second but the unconscious\subconscious mind can process forty million bits of data in the same second. The relevance is simple. The unconscious mind is one million times more powerful as an information processor than the conscious mind. We all believe that we run our lives with a conscious mind. This is what I want from life. I want to do all these wonderful things. Yet your life doesn’t match your intentions; as a result there is a tendency to say, “I can’t get the things that I want, the world is not providing them to me.” We take on the role of victim! Man this is Wrong! Totally Wrong! Please wake up Traders, stop kidding yourselves!

Insights from the field if NLP (Neuro linguistic Programming) and through my work in this field on myself and other traders, have completely revolutionized this idea. We now recognize that 95% to 99% of our cognitive activity comes from the unconscious mind; less than 5%t is influenced or controlled by the conscious mind.

When we are doing affirmations or positive thinking, we are using the tiny processor that has less than 5% influence, which means that we have to depend on willpower to overpower the unconscious mind. That is a nearly impossible job because the moment we take our eye off the ball, we automatically go back to the preset programs that are in our unconscious mind. Positive thinking is a good idea, much better than negative thinking, but while you are engaged in positive thoughts using the conscious mind, the unconscious mind with its limiting and self-sabotaging programs is running the show! Consequently, positive thinking does not improve the situation for most people.

It is not that the conscious mind is not powerful, for it can run anything in the human body. We used to think it could only run the voluntary system–the skeletal muscles, arms and legs. But yogis have revealed that the conscious mind can change body temperature, blood pressure and heartbeat.

The conscious mind, if it focuses on any part of the body or any function, can control it, through processes that raise your Awareness, such as meditation. But the conscious mind, being a small (40 bit/sec) processor, doesn’t have the capability of controlling as many things at the same time as the unconscious mind can, operating at 40 million bits/sec.

Most people hardly use the conscious mind. They run their day-to-day existence from programs stored in their unconscious mind, Without actually realising how their Mind is working! Probably 99.99% of the world functions this way!

Basically the way i see it is that most people are Unconscious and asleep even when awake! Crazy is n’t it!
What programs will that unconscious mind run? The answer is the exact programs that were downloaded into it! No variations on a theme. What it has learned it will play for its entire life unless we go into the unconscious mind and rewrite the program!

The conscious mind is frequently oblivious of the programs running from the unconscious mind because the conscious and unconscious minds operate in tandem: one does not observe the other. So if the things in my life are not what I’m looking for, is it because the universe isn’t offering me the opportunity or is it because I’m sabotaging myself? Almost inevitably we are sabotaging ourselves with limiting programs stored in our unconscious mind!
Must we go back and identify how the unconscious programming occurred? Absolutely not. The subconscious mind does not have a future or a past. It is handling the present moment all the time. A signal from the environment comes up, pushes the receptor that engages the effector that then coordinates the response. That is the unconscious mind. There is nobody in there. There is nobody to talk with or negotiate with in the subconscious mind. We must find other ways of influencing and impacting the subconscious mind’s programming.

That is exactly what i have been working on for the past 5 years, I have been developing Practical methods and learning Practical Methods from the field on NLP to help Traders with the Negative forces that may lie deep within the unconscious mind. Some examples of what we have found that lies deep within the unconscious that will effect all your Trading Behaviours (For that fact all Behaviours in Life!) is your Self Limiting Beliefs, Attitudes, Values that are not in line with your Intentions, Negative Emotions such as Fear, Anger and Anxiety that sit their ready to react to Outside influences and Perceptions that you may have, Negative Self Talk (AKA Monkey Mind!) etc.
Now Most people are aware that all these Unconscious Forces may have a massive effect on their Trading , However knowing this, Why is still that Most Traders will never look to Master themselves and will continue to Focus on Mastering their Trading with Charts for the rest of their lives, rather than Mastering themselves first which is what ultimately leads to Mastery within their Trading?
My advise:

“Start to look within for your Answers, not on your Charts!”

Stock Trading Strategy – Pinging…what Is It

Posted on April 11, 2019 by blogger

Even traders that are successful don’t change styles of trading as the conditions of the market change; they find a pattern that usually brings success and they stick with that pattern. When times occur when they lose because their style isn’t market compatible, they simply feel that those are the breaks that happen and just accept the loss. They have the idea that their stock trading strategy all possibly trade styles, but it’s not the case .
If traders are able to figure out the market state, that is, the type of trading going on now and the type of trading expected , they can considerably improve their returns . This is because when congestion trading no one applies the techniques of trend trading .
Some times the market state can be ambiguous. There wouldn’t be a market if things always were clear , since traders wouldn’t have different opinions , and trading in the same direction would be done by everyone all the time.
One such ambiguous state is when a trend seems to be out of energy and ready to change , and momentum indicators roll and look like they’ll be going from trend to congestion entrance. But the signals are not clear enough for the trader to go whole hog and initiate a large position .
When this occurs a trader can use pinging . Pinging is an attempt to hedge your bet a bit . The anticipated turn is where they place their single direction trades , but they don’t hold them too long , and when lower time period support appears they get out . At turning points the market frequently manifests “pumping” action , with swings in both directions that are volatile and large as traders of differing opinions around the world take positions against each other . Repeated multiple positions can be taken if a trader is pinging as the market moves from resistance to support and back again . Instead of riding the market both ways, and rather than placing a large bet on the anticipated new direction and holding on for dear life , it is as if stock trading strategy to the trader that he could “ping” the market , taking smaller positions only in one direction , and being willing to quickly and early cover when short term support is reached by the price.
Great profits can be enjoyed when pinging and it has the trader closely in contact with the market as the battle between shorts and longs go forward . Traders will be protected from a too early by pinging, even in a confusing market will allow profits to be brought in when attempting to end a trend may fail and the new direction is not certain. Pinging lets traders keep themselves in a position so that when the new trend does settle in and become well established , he or she is already aboard . When seen correctly , stock trading strategy pinging as one method of entering the market when a trader isn’t totally sure about the next direction of the market .

Making It Big In Commodity Futures Trading

Posted on April 8, 2019 by blogger

For many average investors, commodity futures trading are quite hard to understand and deal with due to a largely complex trading process. However, it is only hard to novel investors. Once you have understood the running concept, you can start counting returns even before you invest your money. This article will give you a few pointers towards that direction.

To make it big in commodity futures trading you must have a broker who is well versed in futures trading or an FCM (Futures Commission Merchant). An FCM is an intermediary between the futures market and public traders. The broker deposits a certain margin online to the realm of futures trading market so that he or she can make the trader recognized. We have two brokerage types namely the discount brokers and the full service brokers.

In commodity futures, the trading performance is held in place by a contract that is known as a futures trading contract. The commodity futures contracts are created so that the underlying commodities a trader has invested in can be traded sometime in the long run at a more fixed rate, mostly in the current market prices of the time. Just like trading in stocks, the commodity futures are traded only at certain trading markets that are centralized for that sole purpose, such as Globex and S&P.

Many investors in the futures trading world of commodities are mired by the misconception that it is the commodity futures exchanges that establishes or determines the prices of commodity futures when selling or buying. The truth however is that the commodity’s demand and supply ratios are the determining factors of the market price rates. Like in all trades, you must remember that if the buyers exceed the sellers, the price automatically shoots up. The converse is also true.

Essentially, the sell and buy orders are the ones that determine the kind of prices to be set and they originate from multiple sources. All orders are channelled through the trading exchange for appropriate execution. Commodity futures trading has evolved over the years and currently it has been affected to an extent by online markets. Futures trading online offers the convenience of trading from home and a wider market reach.

A huge number of brokerage firms that have set up their websites. This allows you to trade in distinct commodities on these websites. The brokers on the other hand require you to begin trading only after registering an account with them and after you have downloaded a trading platform, which will give you the ability to trade. Some of the futures trading sites provide you with a number of commodities trading service execution, from broker execution, foreign exchange currencies, self directed execution online to automated system execution. All of these can easily be in use in commodities trading except the foreign exchange platform of execution.

The importance of a commodity futures trading broker is that he or she is responsible for the maintenance of records that include the customer deposit margins, completed transactions, money balances and open futures.