General Trading Chat

[deba72]

wait and see how US market react..Our market has done very well as compared to other markets which are down 6-7 %

I have a slightly different take on this : ( And I may be wrong )

Suppose one has a portfolio of 1000 Tata Motors,2000 ICICI,1000 ITC,2000 Sun Pharma and 500 Unitech.

Now when a storm hits the market, he rushes to safeguard his portfolio. Will he even bother to sell Unitech at the first go ? He would rather try to exit his large value investments first and if things continue to remain bad, he will also exit Unitech one day.

No matter whatever we think, India's share in FPI is still small in the global scenario. And out of the total FPI, a substantial portion is Indian money re-routed through tax havens.

If the global scenario turns uglier from hereon, we can't remain insulated and it will be a matter of time we catch up with the other markets.

 

[vas2009]

France Sweden and Italy planning EU exits named as Frexit Swexit and Italexit.Also Holland and Denmark also pushing for the same.

 

[sadiq]

I am staying away from swing trades till the normalcy returns to the markets.Up or down is no issue but volatility based on world news is not good for keeping positions overnight.I do not think the poison is out of the system and till then doing daytrading.

There will be enough time for swing trading once normalcy returns.Safety for me is more important than being brave.

Smart_trade

Golden statement ST ... applies every every where ...:clapping::clapping:

 

[amitrandive]

Basic Finance Questions

http://www.subramoney.com/2016/06/basic-finance-questions/

Forget those long lessons on Brexit, fiscal deficit, government’s budget…can you answer these basic questions about yourself. I mean how accurately can you answer these questions without referring to any piece of paper? Assuming that you are about 30-35 years of age and have some financial footprints…and here are the questions:

How much do you earn per month?

What is your gross annual salary and what is your take home pay?

What is the amount accumulated in your Provident fund account?

What is your net worth?

How much debt are you carrying on yourself today?

In how many mutual funds have you invested?

Can you list them?

Do you know why you choose each of those schemes?

How much is your monthly expense?

Can you break it up into: food, clothing, travel, entertainment, and others?

How much are you investing for a particular goal (I do not invest at all is a correct answer too)?

How much is your monthly payment of debt?

When do you become debt free?

How much are you investing for your retirement?

I am not trying to find out how much of finance you know. The question is how much of personal finance you know about YOURSELF. If you and your wife can answer these questions (Independent of each other and without referring to any paper) YOU are in the top 1% of the country who are financially aware of their personal finances.

Sounds too simple? Get the simple things right. Brexit will take care of itself.

 

[bpr]

Bpr bro how to find nifty Futures chart on trading view. Com I am not able to find the chart of future only spot is there

they don't have futures. there is a alternative Download datafeed comparision file from my signature and go to "web " sheet. These feeds are free and not that reliable so use with caution.

 

[mudraatrader]

Congratulations,
Amit bro

 

[Smart_trade]

Congratulations amitrandive.:thumb:

Smart_trade

 

[Smart_trade]

http://www.tradingwithrayner.com/how-to-trade-breakouts/

Good video on how to trade breakouts and which breakouts have more chances of success.

Smart_trade

 

[poniol]

Congratulations amitrandive.:thumb:

Smart_trade

Did I miss something? Congrats

 

[Smart_trade]

Did I miss something? Congrats

Amit has been made a moderator of our forum.

ST