General Trading Chat

[sudoku1]

INR is giving up all the gains of the day ?? Sudden dip in EURUSD to 1.1650.. All Europe goes in red.. why ?

Kaun mar gaya ??

jise maara gaya

 

[lemondew]

hi taurus did a quick google NBFCs can take public deposits. Only that deposits arent insured and max ceiling is 12.5% / annum. The repayment of deposits by NBFCs is not guaranteed by RBI. an NBFC cannot accept deposit without rating. So I think they cant give this.....

http://www.rbi.org.in/SCRIPTs/FAQView.aspx?Id=71

hi
nobody is authorised to take fixed deposits from public except banking companies & companies which are authorised to take deposits...those companies do offer intrest rates which are according to RBI rates(max 2-3 % more than rbi rate) ..no company will offer 25 % ..as its not feasible to any legal baanking or financial company..
second point, if u see their sites, there is no part where they mentioned about fixed deposits..
they may invest ur money in stock market & then give u returns..but thats a totally different game..
remember when some company offers us some high return.we should think how can they give such high return? what are their business? so if they are giving u 25 % , where are they investing? / or whats their business,which can give such high returns? ..think brother think...dikhawo par mat jao.apni akal lagao..
thanks

 

[Jai Mata Di]

No one I am sure ...we are all great traders :

I was short (with long 8200PE ) for overnight. Crated just few min before yesterdays close as there was clear weakness in short term time frames as well as in FTSE.
No one can read Raghu's mind. If that sudden rate cut was not there probably Nifty opened at least 50 point lower as short term bearishness was proved on FTSE & DOW yesterday.
But such sudden fundamental/geopolitical news (faced similar sudden gap down during Korean war threat & earth quake of japan also) is part of adversity of our trading game.

Anyway not panicked when market opened up nearly 150 points higher. Quit all my PE as there was short term signal changed to bull again. Bought just double amount(in capital) of 8500CE of previously bought PE. At the end of day 100% of loss covered and profit around 20% of that overnight loss(profit could be more if India Vix was not down ).
When technical failed(due to sudden fundamental/geopolitical news) other weapons like money management/position size can save us easily.

Still there is clear weakness in World Market, so nifty can surprise Bull also anytime with another sudden gap down soon when after bulls are exhausted.

Anyway without such spices(challenge/adversity) trading would be boring..
Today's trading was a much remembering day for me than a straight easy 100 points profit day.

Happy Trading.
H.C.

 

[stock72]

Cooly managed ..beautifully summarised here ..:thumb:

I was short (with long 8200PE ) for overnight. Crated just few min before yesterdays close as there was clear weakness in short term time frames as well as in FTSE.
No one can read Raghu's mind. If that sudden rate cut was not there probably Nifty opened at least 50 point lower as short term bearishness was proved on FTSE & DOW yesterday.
But such sudden fundamental/geopolitical news (faced similar sudden gap down during Korean war threat & earth quake of japan also) is part of adversity of our trading game.

Anyway not panicked when market opened up nearly 150 points higher. Quit all my PE as there was short term signal changed to bull again. Bought just double amount(in capital) of 8500CE of previously bought PE. At the end of day 100% of loss covered and profit around 20% of that overnight loss(profit could be more if India Vix was not down ).
When technical failed(due to sudden fundamental/geopolitical news) other weapons like money management/position size can save us easily.

Still there is clear weakness in World Market, so nifty can surprise Bull also anytime with another sudden gap down soon when after bulls are exhausted.

Anyway without such spices(challenge/adversity) trading would be boring..
Today's trading was a much remembering day for me than a straight easy 100 points profit day.

Happy Trading.
H.C.

 

[sabharwal_RK]

Anyway without such spices(challenge/adversity) trading would be boring..



Happy Trading.
H.C.

Somebody once told me trading is one of the most boring job; you need to be pateint for the kill and then sit tight....

 

[LivetoTrade]

TCS Q3 PAT at Rs 5,444 crore versus Rs 5,288.3 crore, up 2.9% QoQ

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

 

[Jai Mata Di]

Somebody once told me trading is one of the most boring job; you need to be pateint for the kill and then sit tight....

That Somebody is not me. I am unique. I am a rare species. :lol:

I have enough patient and I can sit tight. I have all qualities for an investor but I never think of opening a Demat Account. Because I also like new challenges everyday, that's why I am a day trader .
It is my Day Trading Quality which saved me today from overnight loss from swing trading. I can do it again.

Money is not the only excitement for me to stay here & survived for long time as a Day Trader.
It is my best which comes out in adversity, I enjoy it. I was a successful software developer long back. But that profession not suits me anyhow. So, I have quitted my successful business long ago only because it was boring job for me. :clapping:

----------
One of my favorite Quotes in my Trading Diary:-

“Don't compare yourself with anyone in this world...if you do so, you are insulting yourself.”
― Bill Gates


Best Wishes & Happy Trading.
H.C.

 

[niftychartreader]

hmmmm...u r only a month old in TJ.. how r u so sure abt my arrows ?

As you started this disguise one month ago only.
Do you like my signature(s)

 

[amitrandive]

But such sudden fundamental/geopolitical news (faced similar sudden gap down during Korean war threat & earth quake of japan also) is part of adversity of our trading game.

When technical failed(due to sudden fundamental/geopolitical news) other weapons like money management/position size can save us easily.

Amazing money management combined with strength of mind.

:clap::clap::clap:

 

[onlinegtrash]

Do you guys see something strange with above crudeoil snap quote...?

and the latest screenshot took few seconds before: