General Trading Chat

[arsh22g]

A good video for the weekend :

https://www.youtube.com/watch?v=YlGlTbr5DcQ

Lex Van Dam is the one who created BBC documentary 'Million Dollar Traders'. I would suggest watching that too if you haven't already.

 

[blackberry]

 

[Fundootrader]

After seeing history of trades,Some of trades are unnecessary. It would be near between 40-50.Then it would be fruitful, and then I will try to increase my lot.

In video of Madan on pyscology, reducing trades was one of key factor mentioned - though in different context - impact on P&L by trading on non consequential days

 

[Fundootrader]

Markets still in upswing - Should test 7700 (already being referred in discussions) is 61.8% retracement of current fall to 7250 levels.

 

[Smart_trade]

I get a feeling that some minor misunderstandings/issues are blown out of proportion.The forum is for everyone to post his/her views,and even conflicting views are fine as long as it is posted in a proper language and there is no insistance that my view is the only right view on the issue.

Now we are starting a new day of the new week so we keep all the baggage behind and concentrate on trading the markets which is the main aim of all of us here.

Have a happy trading day and equally happy trading week ahead.

Smart_trade

 

[pratapvb]

expecting sideways in morning until +1SD2 catches up with price

after that look for long trade or failure shorts .. that is the plan

 

[vivektrader]

expecting sideways in morning until +1SD2 catches up with price

after that look for long trade or failure shorts .. that is the plan

Pratap sir's prophecy is amazing, so far so good.

 

[pratapvb]

pb to sideways was weaker than expected ... but it may find it difficult to sustain above +2SD2 .....this might mean a grinding up day as slowing the +2SD2 levels keep going up

 

[pratapvb]

Pratap sir's prophecy is amazing, so far so good.

not prophecy...just trying to read the charts

 

[vikas2131]

This bounce is not gonna stay long either