Why do smart traders do dumb things?

It is usually an issue with overwhelming emotions, and not intellect, when bad trades happen. Here are a few of the primary reasons that traders struggle.
~The biggest cause of trading a position size that is too big? It’s the greed of wanting the big win that makes you take on too much risk, rather than not having enough faith in your entry.
~Missing a great entry signal is often not due to being too cautious. Instead, it is usually the result of the fear of losing. A string of losses, a large loss, or a lack of faith in your trading system, leads to missing an entry that your trading plan indicates you should take

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Yes Bank,Wipro and Voltas Linear Regression Channel Analysis

Yes Bank

Intraday Traders can use the below mentioned levels

Buy above 796 Tgt..

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Nifty breaks 50 SMA,FII FnO Data Analysis

• FII's sold 9.1 K contract of Index Future worth 119 cores ,43.4 K Long contract were added  by FII's and 52.6 K  short contracts  were added by FII's. Net Open Interest increased  by 96  K contract, so today's fall was used by FII's to enter  shorts and longs in index futures, as we are nearing Expiry and rollovers are happening so we are getting both long and shorts addition for FII's .Focus On Trading Signals & Kill Noise while trading

Nifty continued forming lower lows and closed below 8350 just below 50 SMA, So in 2 trading session nifty has closed below its all short and long term moving averages. . Bullish only on close above 8398

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ONGC,NMDC and JSW Steel Harmonic Analysis

ONGC

 

Intraday Traders can use the below mentioned levels

Buy above 272 Tgt..

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Nifty breaks 20/100/200 DMA, FII FnO Data Analysis

• FII's sold 65 K contract of Index Future worth 1413 cores ,31.9 K Long contract were squared off  by FII's and 33 K  short contracts  were added by FII's. Net Open Interest increased  by 1 K contract, so today's fall was used by FII's to enter  shorts and exit longs in index futures . Why Dalal Street jitter on participatory notes?

Nifty broke the Pyrapoint support of 8500 in morning and started declining with every rise being sold. Nifty has formed three black crow candlestick pattern which is having bearish implication as in single session market broke its 20/100/200 DMA and trading precariously near its 50 DMA. 9 days of rise got sold

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