(MCX Comedy..Errr. Commodity) - How to Fake your Trade

[Tuna]

Mood Sunday wali hey Sir. Biwi maike gayi hui hey, main akela. Shivji ka prasad ka intezam kar raha hoon.

 

[Tuna]

Psycholgy kya kehti hai ?

Aab jane do Sir, Psycho ki kitni maroge. But jaruri hain, wo apko bhi pata. Nahi aajkal ke launde 10 trading session main 10 lakh uda denge.

 

[varunkochhar]

Chalo agar ek bhi bande ke dimaag mein jo main pichle 9 mahine se kah raha tha ghus gaya to mera yeh safar jo aapke thread se phir se shuru hua tha, safal hua. Welcome to the league of rational and lateral thinking. In markets it is only volumes, volumes and volumes which give you the complete picture. As it is only sustained volumes which take the underlying higher or lower. (It maps out the activity of the market movers)

 

[varunkochhar]

Love you Bhatije. Good luck and Blessings always.

 

[varunkochhar]

Vijkris ji where are you these days my friend. Waiting eagerly for your eureka moment (When and if you choose to share it).

 

[vijkris]

Vijkris ji where are you these days my friend. Waiting eagerly for your eureka moment (When and if you choose to share it).

lol, i am in tj, No one noticed me..
Maybe I was too much invisible.

My 1st eureka moment- No need to catch all the moves in a scrip, to make money. Define a fixed target, say 10/20 pts in crude or 50/100 pts in bnf, and get it daily, repeat it again and again. Once mind is habituated of that discipline increase lot size as per accepted norms of "leverage" and risk management.

2nd eureka moment - Volume data is very imp. Its upto the user, to use Raw volumes, Obv, vwap, etc. Whichever is comfortable.

rest will share later. !!

 

[varunkochhar]

Great. Congratulations.

 

[rjshem]

lol, i am in tj, No one noticed me..
Maybe I was too much invisible.

My 1st eureka moment- No need to catch all the moves in a scrip, to make money. Define a fixed target, say 10/20 pts in crude or 50/100 pts in bnf, and get it daily, repeat it again and again. Once mind is habituated of that discipline increase lot size as per accepted norms of "leverage" and risk management.

2nd eureka moment - Volume data is very imp. Its upto the user, to use Raw volumes, Obv, vwap, etc. Whichever is comfortable.

rest will share later. !!

Hope the eureka moments convert into consistent profits .talking about bnf try to take high probable setups where stoploss can be less than 25 points if targeting 100 points .if u wait patiently ull get enough oppurtunities. Always keep focus mind will try its best to tempt u into losing it.the previous line generally decides ur success or failure. So keep at it all the best hoping to see ur p and l in good profits soon.

 

[Tuna]

This is what I said on Thursday (28th September) I believe

It is under distribution since yesterday. And does not seems to be fake. But OPEC is nearing, anyone knows the date.

Means, doing cheerharan silently without leting most of the participient know. Underwear nikal lena pahele Crude ki, fir ek jhatke main Nanga Punga. But as I told it is not easy. Many a times it could be just a fake. The trick is to detect the fake from real.

But this is what the Mech' System produced on Friday:

Classic example of deviation in discreationary trading.
I am feeling bearish about crude. But my system generated buy alert few minutes ago market closure (I have no position, I was not trading).

Let see next week who is right. Baap (Tuna) or beta( Tuna's system):

The reason for Thursday' comment was this:

Now selling on that divergence was next to impossible with a decent position size cause of the Pin Bar you see there. MCX buggers took it to a level of 3490, fake would have triggered all possible SLs. But at the same time that Pin Bar gave the perfect setup for the short. The show was not over on Friday, it is happening today, when we are closed.

Reason for this post - Discreationary trade, always has its edge over Mechnical trading. Does it mean I am dumping my system, nope. Not so soon. LoL. These are the kind of trade, I will not be able to pull off anymore.

And Baap akhir Baap Hota hey .

 

[varunkochhar]

Intraday 3313-3322 (Range to look out for today). No weakness above it.