General Trading Chat

[vasan56]

Wow age discussion.....now tell how many married ? Shaadi ka ladoo kis kis ne khaya hai

I am grand father.

 

[eku]

I am 42 yrs young

aap merese Jawan hai ..isiliye topi pehenta hai

 

[Smart_trade]

So much participation in age discussion.I wish we can have similar participation in trading related topic.

Smart_trade

 

[Smart_trade]

I saw some Market Profile videos by Jim Dalton.In one of them he says that most common mistakes traders make are as under :

1) They try to fade a trending day. And

2) They expect large moves on sideways days.

On trending days opportunities are few but rewards are high, on sideways days opportunities are many but rewards are small.

So true.....

Smart_trade

 

[arsh22g]

If you have read Flash Boys :

http://www.ft.com/intl/cms/s/0/5610...links/rss/home_us/feed//product#axzz3zHHs5L1N

 

[Smart_trade]

Dow sheds 200 points on poor jobs data.

ST

 

[vikas2131]

Dow sheds 200 points on poor jobs data.

ST

i was thinking of going long today but my intuition told me not to so i did not and that is how one over the years gets better after spending time infront of screen..

 

[TradeJoker]

I am 42 yrs young

Phd in maths, right?

 

[copypasteaee]

i was thinking of going long today but my intuition told me not to so i did not and that is how one over the years gets better after spending time infront of screen..

haha i took longs today at 7485.

 

[DSM]

Vikas,

Did you even think about this aspect : That job data could have been good and we could have had a gap up open on Mon? Or the fact you were even aware that job data was due today?

Had you said that based on the charts, you saw resistance level was close, or RR for trade was poor can be valid arguments to not taking a trade, but as far as I see, the charts gave a clear signal for long. So missing out a trade on a valid chart setup is a problem if not supported by rationale in my view. And justifying it as 'intuition' seems questionable aspect for an experience trader....

Sharing my thoughts....

i was thinking of going long today but my intuition told me not to so i did not and that is how one over the years gets better after spending time infront of screen..