NIFTY 50 future TRENDS

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That was so rude to talk about a well-respected senior moderator of this public forum... of course..this is a public forum... and anybody can register their views on market... it is up to u to take a trade then... he never pointed a gun on to ur forehead and said "go long".

you yourself agreed that "SG is a Bull and he always talks bullishness"
so that's the bottom-line....

and...

nobody here asked u an opinion about whether to believe him or not...

take care....

There is no bashing or war going on. While reading the old posts, i found the problem was with SG tone. This is what SG said:

"I have been reading all sorts of figures being bandied about from 4000 to 4800.... want them all to come back in 3 months time...and offer their comments....."

You cant be so overconfident even if you are a best trader in world or a senior moderator. The tone itself has an 'ego component' and is an insult to traders who have forecasted their opinions regarding 4000-4800 levels.

I respect and appreciate SG work as a senior moderator and a trader from the bottom of my heart.
 

PGDIMES

Well-Known Member
That was so rude to talk about a well-respected senior moderator of this public forum... of course..this is a public forum... and anybody can register their views on market... it is up to u to take a trade then... he never pointed a gun on to ur forehead and said "go long".

you yourself agreed that "SG is a Bull and he always talks bullishness"
so that's the bottom-line....

and...

nobody here asked u an opinion about whether to believe him or not...

take care....

Siva,

With great power comes immense responsibility.

If SG has given an open challenge to all those people who have been talking about sub-4800 levels in Nifty, the criticism was bound to happen as the level was breached. Moreover a moderator is a person like us. Please don't allow the 'Halo effect' on SG. If he is wrong in his assessment of the market, either he should admit or the criticism will follow as long as they are constructive and do not vilify the person. Hope you would understand that I'm not here to defend anybody's statement(s) but to point out the fact that an assessment/view of SG on market was completely wrong and his critiques/critics are out. :)
 
Siva,

With great power comes immense responsibility.

If SG has given an open challenge to all those people who have been talking about sub-4800 levels in Nifty, the criticism was bound to happen as the level was breached. Moreover a moderator is a person like us. Please don't allow the 'Halo effect' on SG. If he is wrong in his assessment of the market, either he should admit or the criticism will follow as long as they are constructive and do not vilify the person. Hope you would understand that I'm not here to defend anybody's statement(s) but to point out the fact that an assessment/view of SG on market was completely wrong and his critiques/critics are out. :)
Very well said. Rational thinking at its best. No side taking or no buttering. Excellent level headed views.

We are not bashing SG who is such a great human being.

We are contradicting his assessment which has gone horribly wrong and the fact that he gave an open challenge which must be brought to members notice.
 
I think that every member is free to give his view on the market but no personal attack please.

my view is that nifty finally bottam out around 2800-3000. my view is based on Nifty Pe ratio. today Nifty PE ratio is around 17.14 and in bear market nifty bottam out around 9-10 Nifty PE. so it is simple calculation. this time nifty will go down to that level or not, this all depand upon global market and other condition.

may be some members here will not agree with me, but that do'nt meen that they will start personal attack on me.

so again requesting all the members, no personal attack.
 
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Mkbsiva, no one asked him his opinion, but would you not agree that this is what this forum is all about--opinions?
SG is well-respected, but it does not take away the fact he was wrong on his forecast.
It's okay to be bullish, but only when the bulls are in control.
Also, I think SG is aware of this. He is going to be wrong more than most, because he gives his open, live forecasts more than most. When he is wrong, he is opening himself up for some criticism, if not at least along the lines of the constructive element.
From a personal perspective, I do a Weekly Forecast, published in my thread that contains 11 forex pairs. That leaves an opportunity (tongue in cheek) to be wrong 11 times. I also do a lot of other miscellany in the way of forecasts. When I'm wrong, I'll admit it, but I still leave myself open to criticism from the forum.
The nice thing about this forum is that the positive accomplishments are recognized much more often than the negatives. OTOH, it is glaring when a forecast is off by 1300 points.
Bottom line, I think SG is man enough to take it, when he is wrong, and knows what he has opened himself up to, just like I know the same in doing the quantity of forecasts I do in this forum.


That was so rude to talk about a well-respected senior moderator of this public forum... of course..this is a public forum... and anybody can register their views on market... it is up to u to take a trade then... he never pointed a gun on to ur forehead and said "go long".

you yourself agreed that "SG is a Bull and he always talks bullishness"
so that's the bottom-line....

and...

nobody here asked u an opinion about whether to believe him or not...

take care....
 
PG, I agree with you. With bold statements, come bold responsibilities. I could be wrong, but I don't sense any kind of a personal vendetta against SG.

Still, you got to love the camaraderie here. Somebody makes one comment, and now the whole thread is taken up with either his defense or the defense of certain comments that could be taken wrong.


Siva,

With great power comes immense responsibility.

If SG has given an open challenge to all those people who have been talking about sub-4800 levels in Nifty, the criticism was bound to happen as the level was breached. Moreover a moderator is a person like us. Please don't allow the 'Halo effect' on SG. If he is wrong in his assessment of the market, either he should admit or the criticism will follow as long as they are constructive and do not vilify the person. Hope you would understand that I'm not here to defend anybody's statement(s) but to point out the fact that an assessment/view of SG on market was completely wrong and his critiques/critics are out. :)
 
Dear friends,
We are moving in a dangerous path when any criticism is considered as an attack on some one. Are we not members of a open forum where we can offer different opinion?
I do respect SG as a successful trader thats all nothing more nothing less. I dont consider him as a super human being. It was his open views and it is being debated. It is not a crime to differ from some ones view even if he is Moderator or owner of the forum.
All of us are wrong most of the times in market. Everyday our stoploss gets hit. Everyday market surprises us. In trading only market is supreme. If it rewards fine if not accept it humbly. No ego, no frustration. Learn a lesson and prepare for the next battle.
All of us are human being and we are prone to commit mistake.

MANTA HOON BHALA NAHIN HOON MAIN,
KINTU ITNA BURA NAHIN HOON MAIN,
GALTIYAN MUJHSE BHI HO SAKTI HAIN,
ADMI HOON KHUDA NAHIN HOON MAIN.

(I agree that I am not good but I am not that much bad too. I too can commit a mistakes since I am a human being not GOD)
 
Do I ever agree with that. I certainly don't mind if someone disagrees with me. It makes for some interesting dialogue.
Now I got to differ with you, but I'm just offering it constructively. As far as this thread is concerned (I didn't read the whole thing.), it seems Sudoku is the star player here. Someone even said he speaks and the markets follow. I dare not say he is "wrong most of the times in market."
If in the event you are wrong more times than you are right (I know. It's none of my business.), then would there not be a problem with your methodology? The markets can only go north or south (50% chance either way.) In other words, if you flip a coin, you'll be right half the time. Nevertheless, your methodology is your road map to discern which way the markets are going ST, MT and LT.
The markets are not supreme because of our "road map" that give us the advantage over the markets. They are supreme until the methodology that can discern the directional bias of the market has been developed. Experienced traders can get their ego in the way, and for some brief moments the markets can humble them, and for a brief moment the markets gain the supremacy.
If the markets do not reward me, I do not accept it humbly. The humility comes when I accept the fact I blew it, and then fix the problem.
Let's get to the battle and why they really rage. When I started trading, it was a continual uncertainty, as doubt was preeminent with every trade I made. There was a constant battle inside of me. It even raged because of my desire to succeed. The battle was won as my methodology was developed and I gained experience, and through that my confidence grew. Now there are no more battles. I calmly and quietly enter my trades and 85% end up on the winning side of the ledger.
Speaking of battles, this is the one battle I have. At times, I'm afraid my confidence comes off as cockiness or smug, or come off like I think I know it all. Believe me, none of the above is true. Having said that, if I took up too much space in this thread or encumbering someone, just let me know, and I'll walk away.
But yes, the wonderful thing about being a human being is we are allowed to make mistakes. That is partly due to why we post an occasional bad trade. That is also why I stubbed my toe on the side of the bed the other night. It was a mistake, but tell my toe that.


Dear friends,
We are moving in a dangerous path when any criticism is considered as an attack on some one. Are we not members of a open forum where we can offer different opinion?
I do respect SG as a successful trader thats all nothing more nothing less. I dont consider him as a super human being. It was his open views and it is being debated. It is not a crime to differ from some ones view even if he is Moderator or owner of the forum.
All of us are wrong most of the times in market. Everyday our stoploss gets hit. Everyday market surprises us. In trading only market is supreme. If it rewards fine if not accept it humbly. No ego, no frustration. Learn a lesson and prepare for the next battle.
All of us are human being and we are prone to commit mistake.

MANTA HOON BHALA NAHIN HOON MAIN,
KINTU ITNA BURA NAHIN HOON MAIN,
GALTIYAN MUJHSE BHI HO SAKTI HAIN,
ADMI HOON KHUDA NAHIN HOON MAIN.

(I agree that I am not good but I am not that much bad too. I too can commit a mistakes since I am a human being not GOD)
 

mkbsiva

Well-Known Member
PG, I agree with you. With bold statements, come bold responsibilities. I could be wrong, but I don't sense any kind of a personal vendetta against SG.

Still, you got to love the camaraderie here. Somebody makes one comment, and now the whole thread is taken up with either his defense or the defense of certain comments that could be taken wrong.
WHEN I AM READING ALL THESE STUFF... I DO RECOLLECT A POST ABOUT SG SOMETIMES BACK BY A PERSON WHOM I DON'T HATE... BUT HE MIGHT THINK THE OTHER WAY... WHO CALLED ME "A CRACKPOT" JUST WHEN I SAID THAT WHEN I DONT KNOW HINDI, AND ASKED HIM TO WRITE THEM IN MY KNOWN LANGUAGE... HE THEN CALLED ME "mr. Indlish-speaking guy".... (IN LINKON'S THREAD)
WHATEVER... IT IS ALL THE SMALL MISUNDERSTANDING.... BUT I DO LIKE HIS WRITING....THATS IT...

http://www.traderji.com/day-trading/9110-nifty-intraday-pivot-points-427.html#post542396
 
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