Every working day, billions of dollars exchange hands in the world’s stock markets, financial futures and currency markets. Trading these markets is by far the largest business on the planet. And yet, if you were to ask the average businessman or woman why we have bull markets or why we have bear markets, you will receive many opinions.
The average person has absolutely no idea what drives the financial markets. Even more surprising is the fact that the average trader doesn’t understand what drives the markets either! Many traders are quite happy to blindly follow mechanical systems, based on mathematical formulas that have been back-tested over 25 years of data to ‘prove’ the system’s predictive capacity. However, most of these traders have absolutely no idea whatsoever as to the underlying cause of the move. These are intelligent people. Many of them will have been trading the financial markets, in one way or another, for many years. A large number of these traders will have invested substantial amounts of capital in the stock market.
So, despite financial trading being the largest business in the world, it is also the least understood business in the world. Sudden moves are a mystery, arriving when least expected and appearing to have little logic attached to them. Frequently, the market does the exact opposite of a trader’s intuitive judgement. Even those who make their living from trading, particularly the brokers and the pundits, whom you would expect to have a detailed knowledge of the causes and effects in their chosen field, very often know little about how the markets really work.
It is said that up to 90% of traders are on the losing side of the stock market. So perhaps many of these traders already have the perfect system to become very successful – all they need to do is trade in the opposite direction to what their gut feeling tells them!
Prof. Sameer Jain [Student of Market], E-Mail: Sameer@hbjcapital.com
You too can read the market – a very precious skill that only a few people know & share! What you need is just one call to our senior analyst Mr. Sandeep Jain @ 09886736791 and you can learn the language of tape reading. This concept will help you understand market better and make profitable trades.
Note: If you are a HNI/NRI & looking for most accurate and informed calls in “Nifty Future” supported by detailed research report, we have premium product for you called “Nifty Champion Package”. You can call 097189 79319 (24X7) or 098864 03791 (Available 24X7) to know more about our HNI Services or Visit www.stoplosstrade.in