General Trading Chat

[Smart_trade]

Now people are giving Nifty 1 year target as 11000....

ST

 

[Smart_trade]

Bajaj Finance above 7400......bluest of the bluechip this year...it has given 40-45 % in last 3-4 months.Picture abhi baaki hai.

Smart_trade

 

[timepass]

The above is one of the main reason why inspite of strong trends, traders dont make money. A trend once in motion lasts for a few days. But it will have antitrend corrections and every correction traders consider as reversal, take reversal position and get stopped out. They cannot enter at higher price in uptrend as they find price "too high" and the whole trend is wasted in trying to trade in antitrend direction or "wait and watch".

ST

heck.. we have a psychoanalyst here. I would like to be your patient Sir, please give me an appointment

 

[praveen taneja]

7900 de do baba

 

[Smart_trade]

heck.. we have a psychoanalyst here. I would like to be your patient Sir, please give me an appointment

Everyone is free to ignore the "psychoanalysis" and continue trading the way they do or think seriously about the statement which in my view is an essence of swing trading.

ST

 

[timepass]

The above is one of the main reason why inspite of strong trends, traders dont make money. A trend once in motion lasts for a few days. But it will have antitrend corrections and every correction traders consider as reversal, take reversal position and get stopped out. They cannot enter at higher price in uptrend as they find price "too high" and the whole trend is wasted in trying to trade in antitrend direction or "wait and watch".

ST

Jokes apart, this is the exact essence of my problem in trading. I am unable to join a trend because I wait for a correction, and when the correction happens, I am afraid to get in because it looks sharp enough for a reversal, or maybe I keep my price too far or edit when the ticker approaches my price.

 

[timepass]

Banknifty (spot) re-approaches a crucial zone....

 

[amitrandive]

Jokes apart, this is the exact essence of my problem in trading. I am unable to join a trend because I wait for a correction, and when the correction happens, I am afraid to get in because it looks sharp enough for a reversal, or maybe I keep my price too far or edit when the ticker approaches my price.

Some good reading for the long weekend,

http://tradingsim.com/blog/learn-how-to-pull-the-trigger-on-a-trade/

http://www.learntotradethemarket.com/forex-articles/do-you-keep-missing-trades-cant-pull-the-trigger

http://www.ino.com/blog/2010/02/pulling-the-trigger-exercises/#.Vw3MVzGWzIU

 

[mudraatrader]

This gap up open and this rally would have caught many trader unaware/surprise

 

[TraderRavi]

The above is one of the main reason why inspite of strong trends, traders dont make money. A trend once in motion lasts for a few days. But it will have antitrend corrections and every correction traders consider as reversal, take reversal position and get stopped out. They cannot enter at higher price in uptrend as they find price "too high" and the whole trend is wasted in trying to trade in antitrend direction or "wait and watch".

ST

this "too high" thinking has ruined trades many time for me
thats where auto trades win as no emotions involved.