Learning to catch High Probability Breakouts

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indianbank

Well-Known Member
Hi friends.... i am sitting idle for last 13 days...
Without any long trades.... Waiting for bottom to form....

Main worry is most of the global markets are in downtrend ...its like chain reaction...
Global markets wont allow Indian market to go up.....

Another Important factor is depreciation of Indian rs vs Doller....
If you take the history of Indian stock market.Between 2005 and 2012...75% of the times rupee and Sensex moved in similar direction.....
Rs value can go down further and this can lead to a bearish rally.......
Recovery is possible only when Indian rs becomes strong.. and Global markets shows some recovery......
 

nitingosavi

Well-Known Member
Just a friendly question ,

Would you like to be right and loose money or be wrong and still make money?

Its not whether you are right or wrong that is important.
It's how much money you make when you are right versus how much money you loose when you are wrong.
:D
NO Amit sir,

I want to be right, And I want to make(more :D) money.. ;)
 
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