General Trading Chat

[newuser_RK]

How does it help in trading???.

Had u being day trading you cud have relate. Sometimes we are so sticky to one view point that we fail to observe other expectes of trading. So for example sometimes it happens we look for a long trade quite deep, but we fail to observe that a short trade is developing

 

[Dax Devil]

How does it help in trading???.

Oh it does help by making you aware that the 400 point Gorrilla move generally gets missed while counting 20-30 point pingpong between bulls and bears on daily basis.

 

[lemondew]

Good suggestions. I actually do the other way. I blind myself against all gorillas and look only for my set up.

For eg friday was a gap up day / and the way it moved up in the morning. But by 11:00 the open interest gave me shorting ideas. And I didnt look for anything else. Would look for other peoples suggestions too. how they do it. But yes I do blind myself to many things while trading.

Adding: The same can also be said for loss days /missed trades too.

Had u being day trading you cud have relate. Sometimes we are so sticky to one view point that we fail to observe other expectes of trading. So for example sometimes it happens we look for a long trade quite deep, but we fail to observe that a short trade is developing

Oh it does help by making you aware that the 400 point Gorrilla move generally gets missed while counting 20-30 point pingpong between bulls and bears on daily basis.

 

[Dax Devil]

Good suggestions. I actually do the other way. I blind myself against all gorillas and look only for my set up.

For eg friday was a gap up day / and the way it moved up in the morning. But by 11:00 the open interest gave me shorting ideas. And I didnt look for anything else. Would look for other peoples suggestions too. how they do it. But yes I do blind myself to many things while trading.

That is what the video implies - selective thinking is one of many tricks human mind employs to get a given task done. No way it is trying to say that you must also have noticed gorilla. Eg, if you are intraday trader then you have to be selective of intraday setups, that means the gorilla positional setups will have to be automatically in blind so that you can focus on your intraday trading. Vice versa is true for positional trader.

 

[wisp]

That is what the video implies - selective thinking is one of many tricks human mind employs to get a given task done. No way it is trying to say that you must also have noticed gorilla. Eg, if you are intraday trader then you have to be selective of intraday setups, that means the gorilla positional setups will have to be automatically in blind so that you can focus on your intraday trading. Vice versa is true for positional trader.

If you don't focus on the right thing (according to your trading system/method), you may also miss the intraday gorilla :lol:

 

[kaalchakrasamay]

firework only below 7777 power of tukka level

Ha ha
PT bro, NF diving to your levels !!!!!!!

As anticipated NF reached to 7777 and made a low of 7761
What next
Are you hopeful for a firework.
If so then upto what levels.

 

[Dax Devil]

If you don't focus on the right thing (according to your trading system/method), you may also miss the intraday gorilla :lol:

That is correct observation. Intraday gorillas do get missed out due to focussing on information not related to intraday trading. Intraday trading is real bada$$ toughie. Infact, it is 'Black Hawk Down!' kind of mayhem on daily basis.

 

[ashu1234]

Noticed the gorilla and counted 15 too...lol what's the big deal, but didnt knew that he came and left in between.

 

[Smart_trade]

http://www.moneycontrol.com/news/ma...praj-dharamshis-market-journey_3021241-0.html

Interview of investor cum trader Mr Kalpraj Dharamshi taken by Mr Ramesh Damani in his ongoing series "Wizards of Dalal Street". Some great stuff in that conversation .

Smart_trade

 

[tvtaddy]

Where nifty is heading in the next trading session.