Day Trading Futures

Status
Not open for further replies.

XRAY27

Well-Known Member
That was a comment on need to have open mind and tolerence for other methods and views on markets. Many times after being successful with one method, one starts feeling that his method is the best and all other methods are inferior. That gives arrogance which is bad for a trader. One can have confidence on his trading method but others methods also may have some good points so be tolerent and willing and eager to learn from others....I have myself learnt a lot from many friends in this forum. So demeaning other traders and their methods only helps in satisfying one's ego but shows that the trader is very disturbed or "ashant" from within...

A trader however smart he may be, market always has something which he has still not understood.

Smart_trade
Great words !!!! be confident in your trading system !!!!! but due tolerence with other people system!!!!!!!

:clap::clap::clap:
 

MurAtt

Well-Known Member
Can I get a link pls - for that letter.

That was a comment on need to have open mind and tolerence for other methods and views on markets. Many times after being successful with one method, one starts feeling that his method is the best and all other methods are inferior. That gives arrogance which is bad for a trader. One can have confidence on his trading method but others methods also may have some good points so be tolerent and willing and eager to learn from others....I have myself learnt a lot from many friends in this forum. So demeaning other traders and their methods only helps in satisfying one's ego but shows that the trader is very disturbed or "ashant" from within...

A trader however smart he may be, market always has something which he has still not understood.

Smart_trade
 
A lot of people are scratching their heads about this rally. The economic fundamentals have hardly changed for the better. No one says that the things are getting easier on his pocket, yet the same person is optimistic about the coming days. Almost every industry is in some sort of recession (except the faith industry - the astrologers, babas etc.), yet everyone is sure of better days just over the horizon.

Some news from Surat.

http://timesofindia.indiatimes.com/...tare-at-bleak-Diwali/articleshow/41674211.cms
 

TradeJoker

Well-Known Member
A lot of people are scratching their heads about this rally. The economic fundamentals have hardly changed for the better. No one says that the things are getting easier on his pocket, yet the same person is optimistic about the coming days. Almost every industry is in some sort of recession (except the faith industry - the astrologers, babas etc.), yet everyone is sure of better days just over the horizon.

Some news from Surat.

http://timesofindia.indiatimes.com/...tare-at-bleak-Diwali/articleshow/41674211.cms
TP bahi, what abt polictical industry, :D no recession there
 

sudoku1

Well-Known Member
A lot of people are scratching their heads about this rally. The economic fundamentals have hardly changed for the better. No one says that the things are getting easier on his pocket, yet the same person is optimistic about the coming days. Almost every industry is in some sort of recession (except the faith industry - the astrologers, babas etc.), yet everyone is sure of better days just over the horizon.

Some news from Surat.

http://timesofindia.indiatimes.com/...tare-at-bleak-Diwali/articleshow/41674211.cms
mkts r never constant in their intrinsic value.dey move in waves in dis intrinsic band.d excess exurbence can stretch dem beyond these bands leading 2 bubbles or blood shed.

fr nifty d current intrinsic band stands at :8444 on d upper side and 6111 is d intrinsic base.

anything beyond 8444 wil b start of bubble formation...a level where i wud like 2 dump my entire portfolio:)
 
mkts r never constant in their intrinsic value.dey move in waves in dis intrinsic band.d excess exurbence can stretch dem beyond these bands leading 2 bubbles or blood shed.

fr nifty d current intrinsic band stands at :8444 on d upper side and 6111 is d intrinsic base.

anything beyond 8444 wil b start of bubble formation...a level where i wud like 2 dump my entire portfolio:)
What are intrinsic bands ?? Can you please with a chart or two. Thanks.
 
Status
Not open for further replies.

Similar threads