General Trading Chat

[adg123]

long or short Straddles are ATM like 7800 call + 7800 Put.

long or Short Guts are ITM.... 7500 call or 8000 put

That is the point, how straddles are ITM as he mentioned? It should be ATM (both leg in most cases) or one leg is ITM and other must be OTM. Is not it?

 

[rip07]

Many have created large wealth with shares of HDFC,HDFC Bank,Hero Motors,Asian Paints,Nestle,Maruti,Bajaj Finance,Eicher Motors .....one of my close relative bought a 3 bedroom flat in Mumbai on his investment in Asian Paints alone.8-10 years long holding is necessary in growth stocks.So wealth is not created in Infosis and Wipro only, many companies have created wealth for their shareholders.

ST

@ST sir,

You too started in your very early age as an investor but later shift to trading. This transition, I assumed, was/is really fruitful for you. Your gems are here and there in all over threads, someone needs to pick and make something out of it.
I see you like an Indian market Wizard. Why not Mr. timepass or any other respectable senior make one thread of Q&A with you about your trading style, successes and failures, how you overcome psychology pressure in bad times etc. at one place similar to William Eckhardt or PJT (My suggestion only). Surely it will be great help for many people in one or another way.

Thanks
Rip07

PS: Pardon me if it is a wrong place to ask

 

[Smart_trade]

@ST sir,

You too started in your very early age as an investor but later shift to trading. This transition, I assumed, was/is really fruitful for you. Your gems are here and there in all over threads, someone needs to pick and make something out of it.
I see you like an Indian market Wizard. Why not Mr. timepass or any other respectable senior make one thread of Q&A with you about your trading style, successes and failures, how you overcome psychology pressure in bad times etc. at one place similar to William Eckhardt or PJT (My suggestion only). Surely it will be great help for many people in one or another way.

Thanks
Rip07

PS: Pardon me if it is a wrong place to ask

I am nowhere near market wizard .I am just another trader like any other trader.My journey in trading and investing has been very satisfying and rewarding and I keep answering traders questions based on my experience and understanding...but a project like what you suggested is strict no no....I don't need any publicity,attention,hatred,criticism which comes with such a project.So I respect your intention but I don't think I am qualified or/and willing to do such a project.

Smart_trade

 

[rip07]

I am nowhere near market wizard .I am just another trader like any other trader.My journey in trading and investing has been very satisfying and rewarding and I keep answering traders questions based on my experience and understanding...but a project like what you suggested is strict no no....I don't need any publicity,attention,hatred,criticism which comes with such a project.So I respect your intention but I don't think I am qualified or/and willing to do such a project.

Smart_trade

@ST sir,

I respect your decision but do not say you not qualified. If you are able to get 20-25% annual ROCE and being in the market for almost 2 decades, you are already a legend. Even Warren buffet gets 25% annual ROCE.

I will shoot here and there my questions then whenever I am in dire straits.

Thanks
Rip07

 

[kuldeep72]

I am nowhere near market wizard .I am just another trader like any other trader.My journey in trading and investing has been very satisfying and rewarding and I keep answering traders questions based on my experience and understanding...but a project like what you suggested is strict no no....I don't need any publicity,attention,hatred,criticism which comes with such a project.So I respect your intention but I don't think I am qualified or/and willing to do such a project.

Smart_trade

With Due respect to your decision, I disagree with your comment that you will attract hatred at any time.
Those who know you personally, or virtually, have great respect for you... even as a trader & as a person. And with your helping nature it will always grow with time.

Rgds,
kuldeep.

 

[cloudTrader]

Will you be watching this movie starring George Clooney & Julia Roberts. The movie is based on the Financial crisis of 2008 , its a satirical thriller on the Stock Tips going bad.

https://en.wikipedia.org/wiki/Money_Monster

 

[Krishan86]

ST Sir,
I want to learn 'how to read Option chain', can you please route me to right thread/books that can help.

 

[Mungus]

I can only say for Dada-

! Hail ST !

 

[mudraatrader]

Yeh kya ho raha hai
Buffalo in deep water on Monday :lol:

SGX NIFTY 7,781.00 -48.50
DOW - 188

 

[monkeybusiness]

I am nowhere near market wizard .I am just another trader like any other trader.My journey in trading and investing has been very satisfying and rewarding and I keep answering traders questions based on my experience and understanding...but a project like what you suggested is strict no no....I don't need any publicity,attention,hatred,criticism which comes with such a project.So I respect your intention but I don't think I am qualified or/and willing to do such a project.

Smart_trade

Sir,

With gems spread allover TJ you have changed many peoples way of trading, like P1 entries, reading oscillators, ST Gaps and countless others. On a lighter note you have decreased membership of TMA.:thanx::thanx::thanx:

stuff more than enough to build robust timeless trading system, timeless as this systems are based on price action and will remain viable for very long time.:clapping::clapping::clapping::clapping