General Trading Chat

[rahulmalik]

aur kya kya kaha CNBC walon ne , batao batao .

screen dikha rahi hai. BNF premium back to ZERO :annoyed:

 

[Blackhole]

aur kya kya kaha CNBC walon ne , batao batao .

batao batao aur batao

 

[nifty trade]

even retail guys have option of disclosing 10% qty only , example your qty in nf is 500 but you can show it as 50 .................then even institutions must be having this facility .......right?

2ndly most stops are placed on swing lows and highs right ? ............that data is freely available to all people . swings are also very magnetic in nature market loves to go above below swings all the time on all time frames .

its the nature of the market to run all over the place , because trading is a zero sum game ................if you think deeply ,you will understand , stop running is in blood of the market , its 2nd nature ,..............calling it that it can be done at all the time as per alogos own wish will mean that ..............market will only be trading like zigzag .............if the main purpose of market is stop hunting only , then .........will there be any trend ever ?

if stop running is so easy why would my stop would be spared by .5 tick ? if their algos are all mighty super powerful .............cant they run market just an extra .5 tick to take me out too?

also are all FII (some 1000 registered in india) are they even different entities or are they combined entities backing each other for combined profits of all FII and they dont fight with each other ? ..................if yes then they run stops of all DII and retail and HNI and only FII is profitable in trading and all others are losers .

does that even make any sense ?..............

my stop losses were run in ancient times too there is nothing new about it...........its a second nature of market with or without algos, algos are not doing it anything new it was done by natural laws in ancient markets too even in 1900's

similar type market moves after 80 years + ..........so algos were in 1929 also ............america is really super power if it had computers in 1929

al brooks 27 year old market veteran says , charts look like this all the time and

IT AIN'T RIGGED .

so all doubters can have some peace of mind and trade on their setup knowing that yes stoploss hitting is a way of life in trading :lol::thumb:

images hosting

 

[Riskyman]

OK. so what does this implies by looking only at the charts ?

On an additional note, by constantly watching BNF yesterday, it was pretty much visible that BNF was shorted above 16900 levels, and shorts covered and longs added on the dip to 16700. FII remain net sellers in cash ! So if Fed meet has to turn market to bullish, that would conclude that FIIs will start buying at these levels ? and that would easy pump Nifty up to 8300 / 8600 levels ? Or is that the selling in cash is precautionary and planned, so to exit cash market while above 7800 or 7900 (may be today), to avoid selling at lower levels of 7500 or below ?

Opinions Please...

FII's have been net sellers in the market over the past few weeks. Its the DII's who have been absorbing all the selling. If not for DII money, the market would have been much lower. FII's are just trading this market like day traders i.e in stocks and options and exiting cash position on every rally. Think FII's will wait it out to see what the Fed has to do. How much higher Nifty can go if the FED is kind? I dont know man. But, if there is bad news then 7000 levels could come easily. Whatever it is, Market will need FII money to go up and sustain it.

The Dow has made a big flag pole and now made a triangle/pennant with higher lows which could imply market "wants" break on the upside. However, If the market doesn't like what the fed has to say then you could possibly see a 1500 point down move on the dow.

Im considering going short on the SPX as price is very close to the top it made recently. So if it breaks out upside, ill get stopped with minimal loss(about 20 points or so). But, should it breakdown from the triangle then I could be looking at some nice moolah.

Lets see how it play out..

 

[rahulmalik]

al brooks 27 year old market veteran says , charts look like this all the time and

IT AIN'T RIGGED .

IMO - Today's charts can never be compared to what was in 1930s. The market drivers are not the same, the money is not the same and at global scale, markets are interconnected than ever before !

 

[timepass]

aur kya kya kaha CNBC walon ne , batao batao .

batao batao aur batao

http://www.moneycontrol.com/tv/

 

[rahulmalik]

Very interesting S&P chart

 

[wisp]

IMO - Today's charts can never be compared to what was in 1930s. The market drivers are not the same, the money is not the same and at global scale, markets are interconnected than ever before !

But but but.....the human being making decisions is the same and we never change, though we think we are far advanced than the guys who lived in the 1st century, all still same at an individual level.

 

[Riskyman]

Very interesting S&P chart

Says we are poised for a fall!!

 

[rahulmalik]

But but but.....the human being making decisions is the same and we never change, though we think we are far advanced than the guys who lived in the 1st century, all still same at an individual level.

Yes, that is very true, we are not smarter than any generation, rather I believe our IQ levels may have gone lower