General Trading Chat

[Riskyman]

Why only yesterday ........ Today also it's the same story.....

Yes. FIIs have been net sellers in cash for the past many days. Heard/read somewhere its over 10-12,000 Cr they have pulled out from the indian markets since july(could be even 15k cr but at 11 pm I dont remember numbers well).
So that leaves us with the DII's who have been trying very hard to support the markets.

 

[Riskyman]

never seen you go long , always looking for a short candidate

Yes actually since Nifty broke 8700 I've been more bear than bull. You can say i'm 60% bear and 35% bull and 5% neutral . I feel markets sell off much faster than they go up so there is a lot more money to be made on shorts than on longs.(at least as of now) Fear usually rules over greed. Having said that, I do go long when needed but im not really fond of carrying positions for a few days.

And I did go long on the spx at 1940 levels.

 

[Riskyman]

Ye lo Ravi Bhai. As you can see Chart says go short so I go short ( Trade in progress now). As you can see no change to long anywhere. Looking at 1950 levels for part exits.

 

[Dax Devil]

Retail doesnt create the largest volume but it does significant volumes. Retail traders are mostly like market lubricants that absorb the price shock. Take a look at the NSE data and you will see that retail along with props contribute quite a bit.

Very true.

BTW, Riskyman, whatever happened to your thread in which you posted your trades like apollo tyres etc? That was very interesting thread, you know. Your trades were imperessive and your thought flow in the posts was really professional trader like. Revive that thread if possible.

 

[manoj2012]

DOW lost 150 point gains

Now double century .... Fed Rate Hike jinn again rising .....

 

[kaalchakrasamay]

He will not do such things, as he only wants to prove his ability to predict where market may could go and end on what he has calculated on his own charting and TA.

Very funny :lol: :lol:
But I can understand your frustration and still the feel of the taste of sour grapes that you tasted some 15-17 months back :lol:

 

[lemondew]

Thanks a great deal. Have u kept a 60 point benchmark for double tops in bf. I presume the identical would 25 points in nifty for same. Or You would go even if there is say 50 points fall in nifty for double top In that case the top fall would that be too heavy. Thanks.

saying is => always short the second top (not first, as it will come back to test the top , as you can see in the chart below) and always buy the second bottom (not first , as it will come back to test support)

 

[timepass]

IN REALITY ....... MARKET IS A JUNGLE ......

where all animals roam around to hunt and eat the other.

Been said before, repeated below :

"The market is a jungle which has the room for ant as well as an elephant, no harm in recognizing yourself as the ant."

- TP Baba

None of the best books I have read ever told me that markets are there to run stops............. If the best guys don't think so, why should we think like that?

Sigh !!! Watch yesterday's intraday chart of Ashok Leyland 3 or 5 min, you will see how the market jumped in both the directions to take out the stoplosses.

 

[lemondew]

I think one can make money only by shorting without going long even in bull markets. Too be honest my shorts work but the same thing if I reverse on longs it works very poorly :lol: backtested and it fails

Strange but true. Not talking for riskyman.....

never seen you go long , always looking for a short candidate

 

[kaalchakrasamay]

actually thats what my hidden meaning was as it was a hidden taunt .

what the hell is the use to come to forum and predict targets without telling any technique behind it .unless and and until you are still new in trading and have nothing to share anything with full confidence as you are still new

he is wasting his time on the forum ..............probably wants some recognition from somewhere , in this case from forum......... that he is a maestro but never tells why and how .

7800 will come ................oh yes it came , .............didnt i say so ?

waste of forum space

Thanks for showing your real face for the second time.
Can understand your frustration and also the case of sour grapes, like SoTu also tasted some time back. :lol:

You are good in preaching but it will be better if you follow your own words.
Nahi samjhe.
Ok will post some of your own posts on similar lines.

If you think predicting is so easy then why not try your hands in this also and let us have your knowledge of TA etc.

BTW, I am no longer posting any charts etc since long, nor interested in posting. I am tired of it after posting hundreds of charts etc, in TJ and also in other forums.

You call yourself as NiftyGold but tu to NiftyPeetal bhi nahin :lol: