General Trading Chat

[sudoku1]

Today DOW 230-, SGX touched 8251.

What is in store for us tomorrow.

dis is d question wch is answrd by d mkt everyday at close :-D

 

[pakatil]

Obviously Mkts are the Boss. Still we can keep speculating till the day closes.....

 

[timepass]

My experience is trends is a subject which takes lots of explaining, giving examples, correcting charts posted by others, lots of arguments,lots and lots of posts and it will not be easy to do it in the forum post format.

Smart_trade

So which format will suit the lessons ? In this age of communications, the platform shouldn't be an obstacle.

 

[Somatung]

So which format will suit the lessons ? In this age of communications, the platform shouldn't be an obstacle.

Hi TP

So what would be an obstacle for you?

Pride once has told: Do follow your ideas and the market for one year day by day, hour by hour and then you will understand what is going on in its basic way. Guess dear ST is pointing in this direction and this of course would need again a full thread. As I think you already did read the thread from dear Pride and have huge expirience in trading: What would be your obstacle if even any on your level?

Just curious to hear from a master in trading. Take care / Dan

 

[sudoku1]

Obviously Mkts are the Boss. Still we can keep speculating till the day closes.....

d game gets merkier n dangerous wen a trader starts 2 get d feelings of a boss n he begins 2 act in dat direction :-D

 

[LivetoTrade]

25 coal blocks may be put on auction today for state-run companies

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

 

[amitrandive]

I am only trying to say that many retail traders who are making good profit like me in past few days in Crude Oil(mostly with short positions) while they loose 4.4 billions are part of other side of the trades. Those winning retail traders with inferior technologies & 3rd class terminal, certainly have some edge in their brains which can handle such Banks money power and advanced technologies. :thumb:

Best Wishes and Happy Trading.
H.C.

Yes JMD

We certainly have an edge over those super smart institutions.That edge is of leverage.We are free to trade our own money and do not have funds or other people's money dependent on us.So we can exit with small losses.

Also these people report of huge losses,but they do not report of the billions of dollars of profits they make almost everyday.

For trader's I would really recommend three excellent movies(there may be many) which show the dangers of leverage.

1)Rouge trader
http://en.wikipedia.org/wiki/Rogue_Trader_(film)
2)Margin Call
http://en.wikipedia.org/wiki/Margin_Call_(film)
and
3)The last days of Lehman Brothers
http://en.wikipedia.org/wiki/The_Last_Days_of_Lehman_Brothers

 

[doctorshah]

RBI cuts repo rate

 

[RAAMAKANT]

RBI Cuts repo rate by 25 BPS.....

http://www.indiainfoline.com/article/news-top-story/rbi-cuts-repo-rate-by-25-bps-115011500009_1.html

 

[PS Trader]

RBI Cuts repo rate by 25 BPS.....

http://www.indiainfoline.com/article/news-top-story/rbi-cuts-repo-rate-by-25-bps-115011500009_1.html

and so the SGX nifty climbs to 8468