General Trading Chat

[XRAY27]

got a short move but bhootnath retraced fully , got thullu , not my day, closing terminal , bye bye :annoyed:

Naagnath just given 8 pts ...stressful day !!!! :annoyed:

 

[talyan]

resilience in FALLING.......stressfull.....7780 pe support leta hai,

Buyers and seller are matching

 

[praveen taneja]

firework only below 7777 power of tukka level

 

[talyan]

After 11 am 40 45 points me atak gaya.Na upar na neeche

 

[rahulmalik]

I have been constantly watching OIs. 7900PE has been building up since 2 days now, although today it became the highest COI in PEs.

Similarly, no major PE unwindings in BankNifty, so we may not fall soon. Lets see how it goes on by EOD

unwinding in 16500 / 17000 BN calls This is happening since morning.

 

[amitrandive]

Typical Algo *xyz for this week.
Either gap up or gap down and then tuk tuk tuk entire day.

That is why they have driven out the retail trader from the market by increasing the future lots and consequently the margins.

 

[rahulmalik]

Typical Algo *xyz for this week.
Either gap up or gap down and then tuk tuk tuk entire day.

That is why they have driven out the retail trader from the market by increasing the future lots and consequently the margins.

Retail trader will never ever be kicked out. Retailers are the bread n butter for the Big guys. A big fish can not survive without small fish in the pond.

 

[Dax Devil]

5 min, 10 min doesnt matter coz price will paint the same thing on all TF. Today, even if you take the 30 min TF, you will see that most of the candles are painting lower highs than the previous candles. Also you will notice on the first hourly candle the bias was to the downside.

That's where things go wrong for majority of the traders - TF does MATTER. Because everything, SL, RR, position sizing etc, hinges on it. A lower TF's TSL becomes higher TF's entry point. Give you example, on 8th sept around 3.15pm, I added to NF position at 7719 because my TF was showing some gas is still left in the move. Later here on this thread I saw someone posted 3 or 5 min chart showing his TSL hit around the same price. Next morning it was gap up and I sold all at the opening bell at 7834.

I haven't done any trade since then.

 

[Riskyman]

Most of EU down by more than 0.5%. In comparison our Nifty doing well holding in the green.

 

[amitrandive]

Retail trader will never ever be kicked out. Retailers are the bread n butter for the Big guys. A big fish can not survive without small fish in the pond.

That is what those people need to realise.
Eventually they will have machines fighting machines,no human traders.