They say greed & fear are the most potent driving forces for a human being.
And all stock-market entrants are "lured" by fanning the greed element:
"Make 1 lac in a day !"
"Trading strategy that would lay a golden egg daily !!"
And many more ----
And I donot know why, but there is a general perception among people that stock-markets are the easiest platform to make money (of late SEBI report has dented this perception by highlighting that 89% of F&O traders are actually losing money but still....).
And hordes of people come to this platform --- driven by greed and mostly a belief in their luck .
“But,then,success is a mixture of preparation and luck.”
Starting this week-end, I would start a series of blog-posts illustrating in detail a good number of strategies that "can" prepare any discerning aspirant to know how price-action, momentum and volume can be studies together to understand different market phases and prepare better.
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