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U
Re: Todays Buy Levels
I accept it was my fault ,i got distracted from my disciplined regime.
Seen 3 exchange freezes (including today),in the last one made tons of money in Indiabulls.
To-day somehow i was hell bent on protecting my hard earned equity & traded only with SL entry & mkt exit.
Missed a golden oppurtunity to make lots of money in Nifty Fut itself.
I accept it was my fault ,i got distracted from my disciplined regime.
Seen 3 exchange freezes (including today),in the last one made tons of money in Indiabulls.
To-day somehow i was hell bent on protecting my hard earned equity & traded only with SL entry & mkt exit.
Missed a golden oppurtunity to make lots of money in Nifty Fut itself.
Re: Todays Buy Levels
renu,
Having written a lot of articles for media i know how it works..... Being already given the topic i cannot deviate one bit from what the bosses are expecting from me.
I think yesterday was a clear case of a similar situation with CNBC anchor Udayan. Actually the issue was SEBI wanted the FIIs who leverage trades through PNs to register in India within 18 months . This was interpreted by udayan as SEBI wanted all FIIs who use PNs as margins to wind up before the current roll-over is completed .
Infact if you note even during his conversation with Mr.Damodaran , udayan didnt allow his guest to speak and wanted to prove himself right.
My point here is how on earth did so many investors fall straight in to the trap of media houses by believing that SEBI and Finance ministry will completely do away with FIIs trading thru PNs to wind up without giving them a window or grace time .
If we trade news,lets use some logic and verify before trading them.
If we trade TA, let the charts show exit or entry signals before we trade them. Same applies to FA.
Lets do what we do perfectly because media has a job to do for their bosses which they will do no matter what .(Infact , so many of my friends lost yesterday heavily and are blaming udayan now instead of blaming themselves)
renu,
Having written a lot of articles for media i know how it works..... Being already given the topic i cannot deviate one bit from what the bosses are expecting from me.
I think yesterday was a clear case of a similar situation with CNBC anchor Udayan. Actually the issue was SEBI wanted the FIIs who leverage trades through PNs to register in India within 18 months . This was interpreted by udayan as SEBI wanted all FIIs who use PNs as margins to wind up before the current roll-over is completed .
Infact if you note even during his conversation with Mr.Damodaran , udayan didnt allow his guest to speak and wanted to prove himself right.
My point here is how on earth did so many investors fall straight in to the trap of media houses by believing that SEBI and Finance ministry will completely do away with FIIs trading thru PNs to wind up without giving them a window or grace time .
If we trade news,lets use some logic and verify before trading them.
If we trade TA, let the charts show exit or entry signals before we trade them. Same applies to FA.
Lets do what we do perfectly because media has a job to do for their bosses which they will do no matter what .(Infact , so many of my friends lost yesterday heavily and are blaming udayan now instead of blaming themselves)
.......i know you are capable and experienced enough to make-up.
U
Re: Todays Buy Levels
Yes , i second your views.Infact i always believe that the foot prints are in the charts it is our inability to read it properly.
Yesterday it was not CNBC ,i never see TV at trading time,becoz of my inability to concentrate on both jobs at the same time.
It was a lapse in discipline,the Fear of losing the handsome corpus made for Puja in last 1 month was Pre-dominant,it was OK upto that but i made a mistake in advocating to others & tried to restrain them from buying.
I did not loose a single Rs yesterday rather a modest few ks.
However it is history now.From to-day the auspicious 'Durga Puja' has started.
Wishing all our members the best wishes on this occasion .
Yes , i second your views.Infact i always believe that the foot prints are in the charts it is our inability to read it properly.
Yesterday it was not CNBC ,i never see TV at trading time,becoz of my inability to concentrate on both jobs at the same time.
It was a lapse in discipline,the Fear of losing the handsome corpus made for Puja in last 1 month was Pre-dominant,it was OK upto that but i made a mistake in advocating to others & tried to restrain them from buying.
I did not loose a single Rs yesterday rather a modest few ks.
However it is history now.From to-day the auspicious 'Durga Puja' has started.
Wishing all our members the best wishes on this occasion .
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