Day Trading Stocks & Futures

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

I would like to put on record that the market did not top out because some hedge fund decided to stop buying or selling or some operators pressed sell .....it was a natural rhythm and Diwali day top was identified by Methods like Sequential and Combo as it was approaching and these methods knew nothing about the operators and their plans.



Smart_trade

 

[DanPickUp]

re: Day trading Nifty & Banknifty Futures

I would like to put on record that the market did not top out because some hedge fund decided to stop buying or selling or some operators pressed sell .....it was a natural rhythm and Diwali day top was identified by Methods like Sequential and Combo as it was approaching and these methods knew nothing about the operators and their plans.

In US markets also the market top was identified nearly 1 week in advance.

Smart_trade

@ST

Do not shoot all your munition so quickly. Let him dance around and let each argument he comes up with slowly break down to other real points. As he think that only his point of view is right, let us give him a lesson.

Take care / DanPickUp

 

[bearishbull]

re: Day trading Nifty & Banknifty Futures

No. they have not...when they sensed that the buying force is exhausting and last buyer has bought, they knew that the market was topping out and they stopped their buying and may be probably aligned to the downtrend by selling too.

We can go on arguing endlessly on this because we both have different sets of beliefs. But all that does not help any of us ....so matter and the argument closed for me.

Thanks for sharing your views...good to know how other person thinks.

Smart_trade

Who was buying? DII were net sellers for the past two months. You said they align themselves with the market forces. I assume the market forces have to be DIIs. Also, this has been going on for the last two months so this is a long time.

 

[bearishbull]

re: Day trading Nifty & Banknifty Futures

@ST

Do not shoot all your munition so quickly. Let him dance around and let each argument he comes up with slowly break down to other real points. As he think that only his point of view is right, let us give him a lesson.

Take care / DanPickUp

You are still crying when I asked you not to. Feel at ease. I won't post in your thread of Cyber Security where you are trying to protect yourself from getting spied on by government institutions.

 

[newuser_RK]

re: Day trading Nifty & Banknifty Futures

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[bearishbull]

re: Day trading Nifty & Banknifty Futures

I would like to put on record that the market did not top out because some hedge fund decided to stop buying or selling or some operators pressed sell .....it was a natural rhythm and Diwali day top was identified by Methods like Sequential and Combo as it was approaching and these methods knew nothing about the operators and their plans.



Smart_trade

You posted a video about wall street tycoons earning 400-800 million dollars to convey that traders can make huge money. I contested that by saying that they are not traders in actual sense but honchos sitting on billions of dollars, enough to make fragile markets toe their line. They dictate and such markets follow.

 

[comm4300]

re: Day trading Nifty & Banknifty Futures

ok m ready to join, but salary needed in advance , as I dont think sharekhan clients capital will survive one full month following my recos , so no client left = > no pay at the end of the month , so I need pay in advance

don't worry your salary is guranteed in such a broking house.

skhn or other brokers who have "team" that gives calls do not depend on the person giving calls but on a very aggressive marketing team.

by the time you empty one batch of customers off their money, another batch is already waiting.....and then the sales team can tweak your result to show success ratio of 80-90%.....

Indian has a large population of youngsters...(BPO / IT) not very hard to find gullible people with money to spend...

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Who was buying? DII were net sellers for the past two months. You said they align themselves with the market forces. I assume the market forces have to be DIIs. Also, this has been going on for the last two months so this is a long time.

FIIs were buying and DIIs were selling and still the market was going uo. So who was the dominant force in the market ? Obviously FIIs and all traders and hedge funds were aligned with FII action that means buying.....weren't you also buying and making money ?Why do you assume market force to be DIIs ?? DIIs were not selling because they wanted to change the flow but they had redumption compulsions . Imagine what would have happened if some hedge fund would have tried to change the market flow and shorted in last 2 months against the market flow which was that of buying and market going up.

Are we not spending too much of our time in these explanations ??

Smart_trade

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

You posted a video about wall street tycoons earning 400-800 million dollars to convey that traders can make huge money. I contested that by saying that they are not traders in actual sense but honchos sitting on billions of dollars, enough to make fragile markets toe their line. They dictate and such markets follow.

They are all traders who started from trading 1 contract or with $ 500 trading accounts. They have become successful traders and hence the rise to hedge fund top positions.Most of them still trade for their funds.

ST

 

[DanPickUp]

re: Day trading Nifty & Banknifty Futures

You are still crying when I asked you not to. Feel at ease. I won't post in your thread of Cyber Security where you are trying to protect yourself from getting spied on by government institutions.

Will remember you about that in case you ........:lol: and never forget: It is only me who thinks about the given situation. No other peoples are interested in that. :lol::rofl: Have you changed your diapers in the mean time?