Midcap Stock Picks for 21st July

Here are the stocks which have crossed the 30EMA value. The stocks can be bought to make profit. The period to hold the stock is medium to long term.

Buy Raymond Pivot : 169 R1-173, R2-175 R3 - 180

Buy United Phosphrus Pivot : 158, R1-161 R2-168

Buy Nirma. Pivot : 148 R1 : 160 R2 166

Buy Siemens : Pivot 463, R1-475 R2-483

Know Why are you Trading ?

About 10 years ago Larry Williams gave a seminar and he mentioned something very interesting. He said he interviewed 100 traders and asked them this simple question.. "What are the top 3 reasons why you trade?" Larry williams said that not one single person put down for the number reason why they trade is to make money. Making money might have been number 2 or 3 on their list but it wasn't number one. Most people put down for number one that they trade for the excitement or because they want to show how smart they are or needed to pay off a debt..etc..Larry's point was that if you want to be a successful trader, you have to realize why you are trading. So I think one of the overlooked qualities of a successful trader is to know the real reason why you trade.