Stock FUTURES To Keep A Close Eye On

sanjosedesi

Well-Known Member
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! ;))
It is hard for me to take hints, what to do? & I know the meaning of take it or leave it ... but let me ignore that for now.

I see the difference in opinion could be because of day trades vs positional ... HFTs can kill you in day trades, but when you are positional and doing only high probability trades, the only thing you need to worry about is the gaps. HFTs and FIIs can only do so much damage to you ... as I said ... vary your returns to be between 0.8 x to 1.2 x rather than 1.0 x.

And if you add some some option strategies to protect your returns ... but I guess we are back to square one ... we are changing our strategy to protect against the world wide traders (specifically JPM and GS) !! So it is not the same ! Any other takers?
 

SavantGarde

Well-Known Member
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.
What was the contradiction on the chart posted by me.....use of wrong words gives the viewer/reader an entirely different meaning....your post with the chart & mine is quoted below for reference.....!!!

SG

Adi bhai, due to my high res screen this is the end section of LIC day chart with 'HL magic' you wanted to see. You can see now how PA still obeys the blue & oragne dotted HLs that I drew on Feb 21. Believe me, on weekly the candles behave like army jawans within the HLs! :)

BTW, instead of sending it to you privately by mail, I thought it would be best if I displayed it on SG's thread. This will not only help Tomjerry to understand better what I meant by visual PA and S&R, but also for many guys here who are positional on LIC. I thought it might help them to see its course from different perspective. Thus, TLs I drew today especially for that purpose.



Here is an alternate view of LIC the way I have been Trading....!!!



SG
 
Great going guys,

Yes, there many w/o wives n gfs:) Where do we go ?

and the discussion is helping us newbies to understand the simple way of trading used by Experts on TJ like SG,E1, PT,

Re - Training Institutes, yes, it is a screwball situation. But as usual there people out to make suckers, and India has suckers dime a dozen.

There is no end to this discussion.

Cheers again to Saturday Night Fever!!!!!!!!!!!!!!!!!

Rgds,
SA:clap:
 

dineshN

Well-Known Member
................................
TP

..........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..........
Oh! Now I understood why you remove those LIC targets from your post. If I remember correctly they were 247 - 237 - 227. I thought you changed your view as there was an up move soon after that. Anyways still holding it with your targets in mind!!!!!
 

EagleOne

Well-Known Member
Oh! Now I understood why you remove those LIC targets from your post. If I remember correctly they were 247 - 237 - 227. I thought you changed your view as there was an up move soon after that. Anyways still holding it with your targets in mind!!!!!
That up move from TL you talk of is like bouncing of a ball that hits the floor after falling from ceiling, bro. And I have seen how some of you guys get hopeful of a trend reversal - sometimes, it actually does reverse!. :D

And please please, understand this very clearly. What ever you are holding, you are holding because of your own free wll, your own preception of the market, your own faith in what you hear and see. Nothing to do with me, bro. Cause if I give you even a hint as to where I am begining to anticipate its final resting place over the coming weeks, you might need some kind of medical attention. :p ;)

Anyway, I am sorry that I posted that damn chart. Never again will I dispense my counsel so freely - and, of course, never ever if unsolicited. It is not a wise thing to do, you know. :)
 

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