General Trading Chat

[XRAY27]

most of traders are searching for Magic or Holy Grail which will lead the desired results and will never cause any loss to them, as ST sir said one should have faith in his system

ST sir and Pratap Sir have different systems may be its's not suitable for all of us..

:thumb::thumb:

Yes !!! Paresh bhai !!! every body should have faith in there system..and should not change it ,when it is working...

 

[pareshR]

[/B]

:thumb::thumb:

Yes !!! Paresh bhai !!! every body should have faith in there system..and should not change it ,when it is working...

The markets are setup to confuse the greatest number of people and that is why psychology plays such an important role in trading.

 

[cinderblock]

aha...so you also saw what I saw
But looks like a wrong trade to me now as all key levels and patterns taken out, highly bullish sentiment prevailing.

Your original S/L still not hit. What does SPX say now?

 

[arsh22g]

The markets are setup to confuse the greatest number of people and that is why psychology plays such an important role in trading.

I think the confusion comes when I go with a mind of "understanding" rather than "experiencing" the markets. What happens, happens, we can only give an explanation in hindsight.

 

[Smart_trade]

Yes sir, Even 10% profits per month, if compounded can generate great wealth in long run....

I am a very simple thinking person. If simple system makes 250-300 points in a month and if it serves my financial goals, I will not even try a more complicated system which needs me to struggle even though it may make 1200 points in a month.....I dont complicate my life....

I actually did that in life....in my times Engg admissions used to close at 67-68 % and I got 73....I did not even try to come in merit list ( not that I would have succeeded )....as my aim was to get into engg college which was achieved...so happy.

Smart_trade

 

[arsh22g]

Your original S/L still not hit. What does SPX say now?

Yeah, not hit. SPX at a support, will initiate short again if that breaks. FTSE also between first open bar of 20 odd point spread, will look for that to break too.

 

[Fundootrader]

gayi bhains paani mein - apni market ko europe ka open nahi pasand aaya

 

[wisp]

ST Da,

are these VPs (yellow) and minor pivots correct? Have I missed any?

 

[pratapvb]

ST Da,

are these VPs (yellow) and minor pivots correct? Have I missed any?

my view 5 is a VPH after 7 was formed (lower high) and 6 became VPL after 7 taken out

 

[pareshR]

I think the confusion comes when I go with a mind of "understanding" rather than "experiencing" the markets. What happens, happens, we can only give an explanation in hindsight.

Aim for Learning Goals Rather than Performance Goals