Wednesday, 10 April 2013

Tharp Trader Test

Do you know what type of trader you are? And have you heard about the Tharp Trader Test yet?

I thought you'd like to know about it, because it is a quick, fun and easy to way to test yourself and find out your "trader type."

It takes less than three minutes to complete and you can either click through here directly or just type the name into your browser yourself:

About the Tharp Trader Test:
Van Tharp is a coach for traders and investors and has been profiling great traders for over twenty years. He was featured in the book Market Wizards and has three best selling trading books of his own, including his classic Trade Your Way to Financial Freedom.

He developed this test to help people learn their strengths and challenges as a trader.

His website has lots of great free information too:

Quote for the day

"I don't set trends. I just find out what they are and exploit them." -  Dick Clark.

LSL Market Review 10th Apr 2013

Gains on Sri Lanka Telecom and Nestle helped boost indices whilst retail sentiment also picked up. Turnover levels low with institutional activity on the sidelines. With treasuries holding steady, it will bring a sense of relief to equity investors.

ASI gained 26.70 points (0.46%) to close at 5,794.30 and the S&P SL20 index gained 5.74 points (0.17%) to close at 3,322.49. turnover was Rs. 309.4Mn.

Top contributors to turnover were Commercial Bank with Rs. 27.4Mn, National Development Bank with Rs. 25.5Mn and Central Finance with Rs. 23.7Mn. Most active counters for the day were East West Properties, Union Bank and Nation Lanka Finance.

Notable gainers for the day were Commercial Leasing & Finance up by 8.9% to close at Rs. 4.90, Malwatte Plantations up by 7.0% to close at Rs. 4.60 and East West Properties up by 3.6% to close at Rs. 14.50. Notable losers for the day were Union Bank down by 3.5% to close at Rs. 28.00, City Housing down by 4.1% to close at Rs. 14.00 and Renuka Holdings down by 3.9% to close at Rs. 31.70.

Cash map for today was 43.1%. Foreign participation was 10.41% of total market turnover with net foreign buying of Rs. 11.4Mn.