General Trading Chat

[praveen taneja]

BHEL Q3 standalone net loss at Rs 1,102 crore, total income from operations declines 14% to Rs 5,326 crore. kya kal ye market girwayega????

 

[Smart_trade]

Then look for 3333 :rofl::rofl::rofl::rofl:

Tab tak to 3333, 4444, 5555 Pata nahi kitne honge...

ST

 

[vikas2131]

I am looking at a target of around 3300 on nifty - something like gap filling of 2009 elections. It may take some time though.

if it went to that level..it wont stop in there for sure...

 

[Smart_trade]

if it went to that level..it wont stop in there for sure...

Yes,then it will go to 333.............

ST

 

[iwillwin]

We have 1 ID by that level 333 on tj

 

[tradingstudent]

Yes,then it will go to 333.............

ST

Dear ST: When you get time, could you kindly answer this?



In another post you shared your experiences how market changed over the decades. It was enlightening. Could you kindly your thoughts on the below when you get a chance:

My question is regarding concept of trading edges, the popular notion is if you have a trading system with a win rate of 40%+, with good risk reward we can be net profitable, but i would like to know to your experiences with typical trading edges in the past like: Classical technical analysis patterns like triangles, head and shoulders or for that matter moving averages...

Did those really provide a edge to traders that traded during those times and did the market say,"Ok. Many traders are using it and so i am going to adapt"?

I am not sure if am making sense, say in your trading experience in those times, did you find a trading edge that did not work any more?

Made Up example: Say, you found if market goes 4 times standard deviation to the ATP, within the next hour it always comes back. It really worked for some time, but the market adapted and took the edge away?

My bottom line question is: Does a trader should always be look out for overhauling of his old working system (not improvements to the existing system) for a certain X number of years because the market might take the edge off?

Thanks

 

[iwillwin]

Raghuram rajan says growth will come only if bank balance sheet cleaned by mar17 deadline...
Still nilesh Shah manish chokhani telling invest invest....
Retail investors average kar kar ke thak jayenge....
Long traders ko majburan long term investor banna denge...

 

[tradingstudent]

The things fund managers do:

http://www.bloomberg.com/news/artic...ge-fund-guy-now-with-a-funky-model-to-try-out

and people here freak out if someone (like me) doesn't follow the trend

PS : Plz don't get offended, just a joke, critics are always welcome

Read that bloomberg article.

We can base our hedge fund on when rakhi sawant opens her mouth..:thumb::thumb:

 

[Smart_trade]

This is a deep subject and it will need a very detailed answer....but the markets undergo changes,so trading systems most definately reduce /totally loose its edge.That is why you will find that good traders will not trade the same systems 8-10 years from now.But luckily they don't loose the edge too quickly.

Trading systems need to undergo changes to sharpen their edge...

ST

 

[arsh22g]

Read that bloomberg article.

We can base our hedge fund on when rakhi sawant opens her mouth..:thumb::thumb:

There is still some science behind what Miller's doing, managers (in agri commodities) even bet based on the flight path of migratory birds (has some correlation with weather pattern, and hence commodities) :rofl: