Nifty : Real time discussions...!

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linkon7

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it was a nice day today 500+ points today including orignal position and adds. :D
yeh kaisa looser hai jo 500 point se jyada kamata hai....! :thumb:
Jab winner banega to emkay ka 1 cr per day option pe click karega...!:thumb:
 
This is what i said on 16th but only the timing differed but the result is the same. I did received lots of criticism let me take it , i have no hard feelings what so ever.
Traders are still taken buy surprise by this move that is the trick most of retail investors or either get caught at higher levels or they get out at lower levels with losses. This is long time game by bigger players i don't know how many small time smart traders make use of this trick to their favor i guess they can be numbered !!
 
GUYS I GOT SOMETHING FOR U

4 types of trader-psychology in a relief rally
There are 4 camps of trader-psychologies in a relief rally:-

1) One is of the opinion that the market correction is over and hence they will start taking long positions,

2) Second camp (those who were trapped in the market with long positions) is of the opinion that they have got a chance to get out of the falling market in this relief rally with lesser losses,

3) Third camp (brothers of Second camp) is of the opinion that although their losses will get reduced due to this relief rally but they will not get out with the hope of recovering all their losses,

4) Forth camp is of the opinion that they have got a chance to again short the market at high points of this technical dead cat bounceback, anticipating the continuation of the falling trend.......

Finally there will be a punters' camp which will be watching every other camp and try to win by trapping everyone.

Punters don't react to the market but react to the reactions of others in the market.....

none of the 4 camps discussed above are wrong, because no one is sure about the future.....

so whatever u do in the dead cat bounce or relief rally in falling trend, do it with full awareness. Do it with full safety precaution.


SO SINCE WE ALL ARE IN THE SAME KIND OF SITUATION PLEASE DO MAKE SURE WHICH CAMP U BELONG TO AND FOLLOW UR RULES
 

linkon7

Well-Known Member
stocks trader: hi
linkon chowdhury: hi
linkon chowdhury: what kind of bias
stocks trader: -ve
linkon chowdhury: first 4 mmin we had lower low
stocks trader: ys
linkon chowdhury: price is below sgx
linkon chowdhury: inside VA
linkon chowdhury: inside range
linkon chowdhury: low confidence
linkon chowdhury: less oppurtunity
stocks trader: sideways rahega shad aaj ka din
stocks trader: so smal trgts
linkon chowdhury: yup
linkon chowdhury: so no BO trades
stocks trader: y
linkon chowdhury: modified ur BO slightly
linkon chowdhury: bot 5500 put for 18.80
stocks trader: ditto
 

linkon7

Well-Known Member
exited half at 23...

balance hold...!
 

linkon7

Well-Known Member
exited other half at 28...
 

linkon7

Well-Known Member
stocks trader: hi
linkon chowdhury: hi
linkon chowdhury: what kind of bias
stocks trader: -ve
linkon chowdhury: first 4 mmin we had lower low
stocks trader: ys
linkon chowdhury: price is below sgx
linkon chowdhury: inside VA
linkon chowdhury: inside range
linkon chowdhury: low confidence
linkon chowdhury: less oppurtunity
stocks trader: sideways rahega shad aaj ka din
stocks trader: so smal trgts
linkon chowdhury: yup
linkon chowdhury: so no BO trades
stocks trader: y
linkon chowdhury: modified ur BO slightly
linkon chowdhury: bot 5500 put for 18.80
stocks trader: ditto

people who trade structure instead of price bar has the biggest advantage as position of price relative to its bigger picture gives the opportunity....

Stocks_trader is a structure trader. She knows when to target big when to target small. Today's zig zag in the first 10 min must have caused a lot of heart aches in morning trade itself for many traders.
 
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