General Trading Chat

[333]

Yesterday, someone walked into our office for a trading position. We usually only interview someone who's come recommended. Anyway, this person had sent in his contract notes and the HR sent them to us.

After some scrutiny we figured this person traded with 2 different brokers and took opposite positions. He submitted the contract notes of the broker in which the position made a profit and discarded the other

Suffice to say the HR refused the interview saying he was too profitable!

aapka Company name Sir

 

[Fundootrader]

No trades so far, lots of missed chances, lots of cancelled orders.

Its better to miss rather than lose - missing is blessing in disguise - it may indicate that you may not be clear in your bet - else you would have brought/sold with trend (if there was one that you were trying to catch)

 

[Fundootrader]

Yesterday, someone walked into our office for a trading position. We usually only interview someone who's come recommended. Anyway, this person had sent in his contract notes and the HR sent them to us.

After some scrutiny we figured this person traded with 2 different brokers and took opposite positions. He submitted the contract notes of the broker in which the position made a profit and discarded the other

Suffice to say the HR refused the interview saying he was too profitable!

he must have been working in tip provider company earlier - 50% -50% distribution is the technique they use - buy/sell - and then again divide 50%-50% for remaining

 

[snp1]

SL Breaks..and now going up in a crippling way:annoyed:

 

[wisp]

Toofani move about to start - kis taraf aap khud dekh lena - I can only tell can hear the noise of wave

doesnt it look like a rising wedge in 3 mins?

 

[arsh22g]

Something to close the week strong and tank once again from monday when wobbly china opens...

Ok...you are speculating based on technicals. BUt my news flow is kinda stable, don't see either highly negative or highly positive news.

But SPX has anyways jumped, and so has the oil. I haven't figured out the catalyst for this jump yet as was looking at NF going 15 points down with SPX and oil jumping like crazy. Wasn't able to figure out why, so decided to close shorts, first time SPX and Nifty correlation breakdown observed.

 

[snp1]

doesnt it look like a rising wedge in 3 mins?

Rula rula ke upar jayega....

 

[arsh22g]

Ok...you are speculating based on technicals. BUt my news flow is kinda stable, don't see either highly negative or highly positive news.

But SPX has anyways jumped, and so has the oil. I haven't figured out the catalyst for this jump yet as was looking at NF going 15 points down with SPX and oil jumping like crazy. Wasn't able to figure out why, so decided to close shorts, first time SPX and Nifty correlation breakdown observed.

Aha....looks like Russia subtly threatening US against putting THAAD in South Korea spiked oil, which in turn spiked SPX.

 

[wisp]

Rula rula ke upar jayega....

 

[Fundootrader]

rula kar kam aur phasa kar jyada - itni see saw mein bahot log fasenge

10-15 mins for actual action to start