Stock FUTURES To Keep A Close Eye On

SavantGarde

Well-Known Member
Guys....!!!

Let me pen some of my thoughts here.....

Having started Trading from August of 2004, have witnessed my fair share of Market ups & downs......!!!

While couple of past Strategies for Trading are still relevant and fruitful in the present scenario....but for how long it may remain relevant to ever changing dynamics of the Market is the big question.....!!!

Ever since the Meltdown, things have changed drastically across the globe and we are not insulated or going to be immune to the Changing dynamics of the market....with this realisation embarked upon a quest for something that would be relevant for next several decades atleast.....!!!

One thing is definite that Boom & Bust Cycle right from the time of Great depression up until now....is going to occur with alarming frequency....!!!

.........to be continued​

SG
 
One thing is definite that Boom & Bust Cycle right from the time of Great depression up until now....is going to occur with alarming frequency....!!!

.........to be continued​

SG
Ha!!! Another doomsday prediction !!! The world is going to end on 21st December 2012, as per Mayan Calendar, is it ??? :mad: :mad:


Sadly, you are right. Change is the only constant in the markets, it seems :( .. waiting for your next installment on this topic.
 
Ha!!! Another doomsday prediction !!! The world is going to end on 21st December 2012, as per Mayan Calendar, is it ??? :mad: :mad:


Sadly, you are right. Change is the only constant in the markets, it seems :( .. waiting for your next installment on this topic.
This is true for almost every aspect of life.....

Have always heard and experienced this about our Academic syllabi, question papers/pattern.... now hearing this about markets.... So probably true for almost every aspect.... :)
 

SavantGarde

Well-Known Member
Ha!!! Another doomsday prediction !!! The world is going to end on 21st December 2012, as per Mayan Calendar, is it ??? :mad: :mad:


Sadly, you are right. Change is the only constant in the markets, it seems :( .. waiting for your next installment on this topic.
This is true for almost every aspect of life.....

Have always heard and experienced this about our Academic syllabi, question papers/pattern.... now hearing this about markets.... So probably true for almost every aspect.... :)

Not a doomsday prediction .....can write tomes about changes that affect every aspect of our environment globally.....this is just about what tools we have as Traders/Investors to remain profitable.....taking into account some future changes that may or may not happen and ofcourse uneven playing field that is thrust upon us....through various regulatory Dos & Don'ts....!!!

SG
 

EagleOne

Well-Known Member
hmmmm...hmmmm... I guess you are only coward enough to hide the names of those who sent you those PMs... :lol: :lol:
Therein lies the rub, bro. People have different reasons for visiting this site, but mostly they are here for trading related topics - this is not facebook, you know.

You are respected here because of your knowledge of trading. The problem is that you mostly keep that knowledge hidden, only dropping oblique hints from time to time.

What makes TJ so good is that the newbies feel welcome here. Even the most stupid and repetitive queries generally get answered. Then the newbies settle down to mine this encyclopedia and stay on. The dropouts, too, look in from time to time and maybe drop a topical line or two.

E1, you know that you get a good response here. I guess you are in personal touch with some members regarding serious trading related topics, again, hints are dropped in the forum from time to time ("as mentioned in PM/phone/email" etc.. kind of posts).

Yaar, thoda knowledge sab janta ke saath share karo, sab log utsuk hain. :)

PS : If possible, don't use bold all the time and don't write long lines of Hindi in Roman alphabet, use www.quillpad.in or something to write in Devnagiri. For more than 20 years in computer field, one is imbibed with the notion that using all capitals or bold is "shouting". BTW, this is a personal opinion.
TP
First and foremost, about bold fonts: Yaar, it has become habit since I started using this high-res screen, meant for graphic designing. SG will tell you it wasn't the case during olden times when I used ordinary screen. Anyway point noted. I will make a conscious effort not to do that, if it helps your mind getting rid of the psychological interpretations of garden-variety. (incidently, purple fonts too are no less guilty of what I am being accused of! ;)) :D

As far revealing the names of those guys is concerned, I am sorry I can't do that. That would be a breach of confidentiality that the PM promises. Even I have some principles to live by, yaar, though I am devilish through and through! :)


I tend to disagree that most of the visits on TJ are purely trade related. And yet, nor are they for mere fun sake. Besides, things are always organic on public forums: posts' contents which are generally not appreciated by the fellow members automatically get diminished over the time. So, one doesn't have to be a spokesperson for one and all. You see, TJ is is so popular because it accomodates traders of all kinds of temperament. Sombre ST, boisterous SG, barbed E1, carefree PT, inquistive TP...all should have a place under the sun. I would be extremely worried about TJ's future if covertly or overtly a particular kind of behaviour/trading ideology starts getting enforced on TJ. For example, I for one have been extremely benefitted in my trading by reading the experiences of ST, SG, Saint and other veteran traders. but, god forbids, if that day should ever arrive when I get tempted to be a xerox copy of either of them - either as a person or a trader! I am I - unique, period. :cool:

And the above last bit of the sentence should also give 'hint' as to why I only drop hints publically - not go the whole hog. My mother used to say: a clever horse takes the hint from the raised whip. A mule sometimes wouldn't budge if whipped whole day long! :lol:

Seriously, TP, my TA, my way of interpreting the market flow, is personally evolved and a bit different - perhaps even contradictory - from the known, established and accepted norms around. And I have no time or inclination to pit my package against theirs, thereby getting into arguements and bringing down idols. Recently, you have seen the consequence of it with Mano bhai. Last week or so, I posted LIC chart here with the intention that people holding it should think twice. But within 10 min. SG came up with a contadictory version. And I let the matter drop. You see, when it comes to trading, unnecessary tu-tu main-main is something I no longer enjoy. Come to think of it, all TA, methodologies would eventually fail in the absence of lack of prudence in fund management and position sizing. So there...

Thing is, personally, I want people to evolve as traders - develop their own style by watching the market with their own eyes, by taking an idea from here, another from there, assimilating, experimenting, figuring out inferences, testing in live market, correcting, adjusting...you know...evolving naturally, taking their time as per their aptitude and intelligence levels, going through paces - not getting readymade inforamation on trading or as some sort of formal style of education with an underlying premise that everybody is equal. To me, nothing is more delusional for the intellect than this notion. I know many of you will disagree with all this. But then again, each to his own.

Yes, you are right that some of the guys are in constant touch with me privately. Most of them are just good friends. We talk of many other things beside trading. But yes, I do help a few of them in time of doubt or crisis. For example, I saved this bullish positional guy a fortune a few weeks back by forcing him to get rid of about half a dozen 30 kg silver lots at $ 31.92, incurring a nominal loss of mere 20k as per his trading capital...
Hold an second... Talking about it got me thinking. I think I should discontinue this practice... Cause a) I am increasingly finding them getting dependent on me for trading. b) I am a die-hard capitalist. Therefore, I must absolutely abhor mere thanks or 'sirji, tusi great ho!'; I should get handsomely compensated for my efforts, you know! :p :lol:

Take care. Have a nice weekend
 
Bahot lamba post maara hai, E1, will reply later.. meanwhile using the quotes to save it.
TP
First and foremost, about bold fonts: Yaar, it has become habit since I started using this high-res screen, meant for graphic designing. SG will tell you it wasn't the case during olden times when I used ordinary screen. Anyway point noted. I will make a conscious effort not to do that, if it helps your mind getting rid of the psychological interpretations of garden-variety. (incidently, purple fonts too are no less guilty of what I am being accused of! ;)) :D

As far revealing the names of those guys is concerned, I am sorry I can't do that. That would be a breach of confidentiality that the PM promises. Even I have some principles to live by, yaar, though I am devilish through and through! :)


I tend to disagree that most of the visits on TJ are purely trade related. And yet, nor are they for mere fun sake. Besides, things are always organic on public forums: posts' contents which are generally not appreciated by the fellow members automatically get diminished over the time. So, one doesn't have to be a spokesperson for one and all. You see, TJ is is so popular because it accomodates traders of all kinds of temperament. Sombre ST, boisterous SG, barbed E1, carefree PT, inquistive TP...all should have a place under the sun. I would be extremely worried about TJ's future if covertly or overtly a particular kind of behaviour/trading ideology starts getting enforced on TJ. For example, I for one have been extremely benefitted in my trading by reading the experiences of ST, SG, Saint and other veteran traders. but, god forbids, if that day should ever arrive when I get tempted to be a xerox copy of either of them - either as a person or a trader! I am I - unique, period. :cool:

And the above last bit of the sentence should also give 'hint' as to why I only drop hints publically - not go the whole hog. My mother used to say: a clever horse takes the hint from the raised whip. A mule sometimes wouldn't budge if whipped whole day long! :lol:

Seriously, TP, my TA, my way of interpreting the market flow, is personally evolved and a bit different - perhaps even contradictory - from the known, established and accepted norms around. And I have no time or inclination to pit my package against theirs, thereby getting into arguements and bringing down idols. Recently, you have seen the consequence of it with Mano bhai. Last week or so, I posted LIC chart here with the intention that people holding it should think twice. But within 10 min. SG came up with a contadictory version. And I let the matter drop. You see, when it comes to trading, unnecessary tu-tu main-main is something I no longer enjoy. Come to think of it, all TA, methodologies would eventually fail in the absence of lack of prudence in fund management and position sizing. So there...

Thing is, personally, I want people to evolve as traders - develop their own style by watching the market with their own eyes, by taking an idea from here, another from there, assimilating, experimenting, figuring out inferences, testing in live market, correcting, adjusting...you know...evolving naturally, taking their time as per their aptitude and intelligence levels, going through paces - not getting readymade inforamation on trading or as some sort of formal style of education with an underlying premise that everybody is equal. To me, nothing is more delusional for the intellect than this notion. I know many of you will disagree with all this. But then again, each to his own.

Yes, you are right that some of the guys are in constant touch with me privately. Most of them are just good friends. We talk of many other things beside trading. But yes, I do help a few of them in time of doubt or crisis. For example, I saved this bullish positional guy a fortune a few weeks back by forcing him to get rid of about half a dozen 30 kg silver lots at $ 31.92, incurring a nominal loss of mere 20k as per his trading capital...
Hold an second... Talking about it got me thinking. I think I should discontinue this practice... Cause a) I am increasingly finding them getting dependent on me for trading. b) I am a die-hard capitalist. Therefore, I must absolutely abhor mere thanks or 'sirji, tusi great ho!'; I should get handsomely compensated for my efforts, you know! :p :lol:

Take care. Have a nice weekend
 
Dhanya Ho E1

Actually "Tussi Great Ho" :)

As you rightly said - " To each his own "

Either one starts a Training Institute or keep on vending Free Knowledge.
There is a thin line between Charity and Help. Where does one stop and the other begin ?


To last out in the market, only TA is not enough Position sizing and Money Management are equally important.

And divergent viewpoints are always welcome........

Cheers!!!!!!!!!
 

EagleOne

Well-Known Member
Dhanya Ho E1

Actually "Tussi Great Ho" :)

As you rightly said - " To each his own "

Either one starts a Training Institute or keep on vending Free Knowledge.
There is a thin line between Charity and Help. Where does one stop and the other begin ?


To last out in the market, only TA is not enough Position sizing and Money Management are equally important.

And divergent viewpoints are always welcome........

Cheers!!!!!!!!!

Funny, you mentioned training institutes. Most of them are literally conshops. 3-4 months back I had heard of a lady teaching TA for hell of a money.(somewhere around Faridabad, I think). Later when I come to know a bit about her teachings, I found myself a top-notch wall street Quant in comparison! :D

But keep watching. Knowing indian herd mentality, soon you will have them the way we have one-room coaching centres mushrooming all over... Advertising like: Make 2500000 with 25000 capital in 3 months! (on the lines of: 6 mahine mein 8th, 9th, 10th fail BA pass karein!) :lol:
 

sanjosedesi

Well-Known Member
Interesting discussion. A quick Q. How has trading changed? Yeah it's more volatile and globally interconnected and we have better softwares, but a basic MA strategy would work the same now as compared to 10 years back. Same for other strategies. If the returns earlier were X, they could be 0.8x or 1.2x, but Nothing (not even HFT) which should change the landscape radically. Any thoughts?
 

EagleOne

Well-Known Member
Interesting discussion. A quick Q. How has trading changed? Yeah it's more volatile and globally interconnected and we have better softwares, but a basic MA strategy would work the same now as compared to 10 years back. Same for other strategies. If the returns earlier were X, they could be 0.8x or 1.2x, but Nothing (not even HFT) which should change the landscape radically. Any thoughts?
Before I go for late lunch, another hint. Just for TP sake. :D Perhaps last for a long time to come. And please, no arguements on this with me in any shape or form. Take it or leave it.

First line of defence against HFT, and other changes being seen in the market, is to ditch MA based strategies altogether. They are the weakest link. Think. :cool:

(hint for SJD to decipher the above hint: Picture bullock carts huffing and puffing alongside zipping SUVs on Route 66! ;))
 

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