Day Trading Futures
- Thread starter manishchan
- Start date
- Tags day trading strategy tsf
- Status
Chart,trends or prediction, the problem starts when one refuses to see and accept that his views are wrong and the market is showing that the direction has changed. Most people get attached and keep hoping that their price will come again...it may, it may not...they keep hoping and holding and by the time the loosing position becomes too bad and unbearable, then it is liquidated and that generally is the bottom /top ( if short ) ...
Smart_trade
Smart_trade
But this is the fault of the human psychology and we can not blame chart/trend/analysis/prediction for all this, unless these things (chart/trend/analysis/prediction) are wrongly derived or calculated
ST Da.. the timeline shows you have been market for more than 25 years I guess. Please do keep posting market event stories based on your personal experience whenever your time permits. (like the one you posted about blast). I'm sure they will be interesting and inspiring (for youngsters like me though it's now time I stop calling myself young ) coming from someone who has experienced the time.
) coming from someone who has experienced the time.
ST Da.. the timeline shows you have been market for more than 25 years I guess. Please do keep posting market event stories based on your personal experience whenever your time permits. (like the one you posted about blast). I'm sure they will be interesting and inspiring (for youngsters like me thought it's now time I stop calling myself young ) coming from someone who has experienced the time.
) coming from someone who has experienced the time.
If I were in ST's place and was not completely disoriented by the attack...
I would have shorted the market. here is my reason:
a) by shorting the market you have protected your portfolio from a financial attack
by telling all your friends and relatives to short the market you extend the protection to all your people near and dear to you...
b) if you don't short the market guess who else is shorting the market?
this is allowing double win to terrorists... nope turning another cheek when slaped is NOT fun !
c) If i had made a windfall profit... will donate big percent of it to the victims... its better not to let the profits slip away to wrong hands.
may be my mind is working in different frequency once I see the money on table... tell me if my reasoning is wrong !
I would have shorted the market. here is my reason:
a) by shorting the market you have protected your portfolio from a financial attack
by telling all your friends and relatives to short the market you extend the protection to all your people near and dear to you...
b) if you don't short the market guess who else is shorting the market?
this is allowing double win to terrorists... nope turning another cheek when slaped is NOT fun !
c) If i had made a windfall profit... will donate big percent of it to the victims... its better not to let the profits slip away to wrong hands.
may be my mind is working in different frequency once I see the money on table... tell me if my reasoning is wrong !
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