SS,
Quite true,excellent analogy,but an intraday player when in Mkt can sense,let me put forward an example,when yesterday the Heavy Wts. where falling with HUGE volume,an Intraday player would instantly put a positional trade ,with another A/C apart from his/her intraday trades,obviously with Positional Trading Hat's Risk/Money Mgmt.without waiting for the close & verify his/her EoD charts.
Asish
Quite true,excellent analogy,but an intraday player when in Mkt can sense,let me put forward an example,when yesterday the Heavy Wts. where falling with HUGE volume,an Intraday player would instantly put a positional trade ,with another A/C apart from his/her intraday trades,obviously with Positional Trading Hat's Risk/Money Mgmt.without waiting for the close & verify his/her EoD charts.
Asish
How many really know this truth? Those trying for a fast buck keep trying 20-20 through day trading... and what is the result at the end of the day, for them all? God Knows.
Those who get experienced, only understand, and play likewise. I have learnt, that like in a test match, one needs to let the ball go by, without trying to touch it, there are moments, when one has to restrict oneself in staying out of trading momentorily.
One may be a very good player. But some good ball still could uproot one's stumps .... that is the exact technique one needs to learn, to stay for a longer period.
Cheers!
SS