[12:33PM, 02/10/2015] jagmohanshan: do share your queries or anxieties.Will keep sharing my views in between
[12:35PM, 02/10/2015] jagmohanshan: questions lost are answers lost
[12:36PM, 02/10/2015] jagmohanshan: questions acknowledged are answers assured, howsoever late
[12:37PM, 02/10/2015] jagmohanshan: questions are the courage of the answers
[12:48PM, 02/10/2015] Mudraa Sandeep Chennai: Thanks veerji and no one shares the knowledge the way u do - Your each and every statement is like a clue to unlocking bigger answers to me or for everyone who are in the process of unlocking
[12:49PM, 02/10/2015] jagmohanshan: I learn and cement and clarify my understanding by repeating
[12:49PM, 02/10/2015] jagmohanshan: when there is nobody,I self talk
[12:50PM, 02/10/2015] Mudraa Sandeep Chennai: I have just done the analysis for few months - Trend and premium relationship - This is too goog for me to go for positional but will study more
[12:50PM, 02/10/2015] Mudraa Sandeep Chennai: good*
[12:50PM, 02/10/2015] jagmohanshan: it's your talent that you get ideas from discussions
[12:51PM, 02/10/2015] jagmohanshan: just living in a culture teaches you so much.
[12:53PM, 02/10/2015] jagmohanshan: you don't learn.you just get out of the way
[12:53PM, 02/10/2015] Mudraa Sandeep Chennai: sorry to ask u the same question again - does futures have any impact on trend?
[12:53PM, 02/10/2015] jagmohanshan: and that opens the floodgates of knowledge
[12:54PM, 02/10/2015] jagmohanshan: not IMO
[12:55PM, 02/10/2015] jagmohanshan: options, on the other hand, is a mole.reveals a lot about the operator besides trading the traders
[12:55PM, 02/10/2015] jagmohanshan: trapping the traders
[12:55PM, 02/10/2015] jagmohanshan: typo
[12:57PM, 02/10/2015] jagmohanshan: in Japan, especially in Toyota they do a wonderful thing which is a brilliant way to learn trading and understand operators and markets with minimum or no pain
[12:58PM, 02/10/2015] jagmohanshan: they draw a circle on the shop floor and ask the trainee to stand in between that circle all day except nature call and meals
[12:58PM, 02/10/2015] jagmohanshan: he or she is not permitted to leave that circle
[12:58PM, 02/10/2015] jagmohanshan: he or she is left with no option but to observe all day.....
[12:59PM, 02/10/2015] jagmohanshan: observe observe observe and observe
[12:59PM, 02/10/2015] jagmohanshan: whatever whatever whatever
[12:59PM, 02/10/2015] jagmohanshan: anything
[12:59PM, 02/10/2015] jagmohanshan: any damn thing
[12:59PM, 02/10/2015] jagmohanshan: and boy, do they observe!!!
[12:59PM, 02/10/2015] jagmohanshan: big insights, hitherto missed
[1:00PM, 02/10/2015] jagmohanshan: boredom is the start of real learning.we avoid boredom and hence never learn the real thing
[1:00PM, 02/10/2015] Mudraa Sandeep Chennai: hmmmm
[1:00PM, 02/10/2015] jagmohanshan: I read this in a book....the Toyota way.....
[1:01PM, 02/10/2015] jagmohanshan: applies brilliantly to anything everything
[1:01PM, 02/10/2015] Mudraa Sandeep Chennai: thats awesome statement on boredom
[1:01PM, 02/10/2015] jagmohanshan: boredom is full of surprises....
[1:01PM, 02/10/2015] jagmohanshan: prizes....
[1:01PM, 02/10/2015] jagmohanshan: boredom tests the deserving
[1:03PM, 02/10/2015] Mudraa Sandeep Chennai: Trend based on previous month or much larger period?
[1:04PM, 02/10/2015] jagmohanshan: 1 to2 months for positional enough
[1:04PM, 02/10/2015] jagmohanshan: positional trend changes every fortnight or week or month imo
[1:04PM, 02/10/2015] Mudraa Sandeep Chennai: thats too great - I am loving it JS JI
[1:04PM, 02/10/2015] jagmohanshan: investor trends larger
[1:05PM, 02/10/2015] Mudraa Sandeep Chennai: somehow I am in the right track
[1:05PM, 02/10/2015] jagmohanshan: McDonald's....hmm
[1:06PM, 02/10/2015] Mudraa Sandeep Chennai: Positional I am just getting into but tried earlier didnt go well - Now based on your inputs yesterday and today tried it and if it works for me for longer period - this is all the way
[1:08PM, 02/10/2015] Mudraa Sandeep Chennai: Sirji dont u agree right guidance / inputs with lot of prcatise and talent to crack - Does the age / experience matters being a successful trader one day?
[1:11PM, 02/10/2015] jagmohanshan: mental maturity is important, age isn't that important
[1:11PM, 02/10/2015] Mudraa Sandeep Chennai: Yes exactly
[1:14PM, 02/10/2015] jagmohanshan: fortunately, we can't see ourselves.I wish we didn't have mirrors and people to tell our age.then we will not be so often reminded of our age and then our obsession with having aged will be gone
[1:17PM, 02/10/2015] jagmohanshan: when you trade with options, you need stop loss for day trading but not for positional.all you have to do is take the right strike price, pick the coffee mug and enjoy the imaginary sea in front of the imaginary balcony
[1:18PM, 02/10/2015] Mudraa Sandeep Chennai: fully agree
[1:20PM, 02/10/2015] jagmohanshan: an adverse market move is never a loss for positional options traders.it should be treated as an FD provided 1.market moves Atleast double the points you lose, 2.you are always in the market, and 3.you know how to take bigger advantage of the fall with right strike price
Friday, October 2, 2015
self talk
self talk
[9:02AM, 02/10/2015] jagmohanshan: trading is tactical.
[9:10AM, 02/10/2015] jagmohanshan: operators want traders to take a lot of trades, remain shaky once taken, come out of the trades often, react impulsively, remain emotionally surcharged, remain unsure, remain nervous, anxious, doubtful, shaky, fearful, vulnerable
[9:11AM, 02/10/2015] jagmohanshan: operators are the dogs amidst sheeps.that always works
[9:13AM, 02/10/2015] jagmohanshan: every trader has to one day cross that breath choking mind transforming waterfall of fear to enter the world of possibilities
[9:14AM, 02/10/2015] jagmohanshan: it's a great experience but demands sacrificing that fear
[9:17AM, 02/10/2015] jagmohanshan: every time I sit in front of a business channel I see the massive un intended cover-up, ignorance, parallel "pipli live" kind of tamasha where the real trader natthaa gets lost amidst the media brokers and the politician operators, being used all the time
[9:25AM, 02/10/2015] jagmohanshan: traders sit in front of the tv like devotees waiting for prasaad. what they get in return is anybody's guess. just hypnotism covering many unsuspected agendas and hollow noise
[9:28AM, 02/10/2015] jagmohanshan: professionals take business channel servings with a pinch of salt and support them in heart of hearts to benefit from them.professional traders are unwanted leech accomplices of operators.they see operator's game and get on board.
[9:28AM, 02/10/2015] jagmohanshan: self talk
[9:30AM, 02/10/2015] jagmohanshan: business channels are inadvertently bagpipes of the operator pied piper of hamelin
[9:36AM, 02/10/2015] jagmohanshan: interviews of masters and wizards and knowledge based programmes on channels welcome and useful.
[9:42AM, 02/10/2015] jagmohanshan: options are disaster proof and surprise friendly
[9:45AM, 02/10/2015] jagmohanshan: premium is the cost you pay to get the ticket to trade in an instrument which has the benefit of futures sans it's dangers
[9:46AM, 02/10/2015] jagmohanshan: options spread is a set of knives to choose for the situation
[9:48AM, 02/10/2015] jagmohanshan: put or call, which strike rate, less or more.......three questions to take max benefit from options
[9:52AM, 02/10/2015] jagmohanshan: options is an anaconda which you have to learn and practice to squeeze profits without getting squeezed ourselves
[10:08AM, 02/10/2015] Mudraa sheshadri: Jagmohan sir I was watching a video on options trading using high Delta value options, so wanted to know any software or site gives option Delta values...
[10:28AM, 02/10/2015] jagmohanshan: if I ask a specific question it will help me sharing my thoughts
[10:28AM, 02/10/2015] jagmohanshan: u
[10:29AM, 02/10/2015] jagmohanshan: sheshadriji, don't know about any such software or site.....didn't need, so didn't search
[10:30AM, 02/10/2015] Mudraa Sandeep Chennai: JS JI - U know the direction or rather target - Will u always choose nearby strike or some where near to strike
[10:30AM, 02/10/2015] Mudraa Sandeep Chennai: I have always noticed whenever someone buy OTM options and if direction is right and it becomes ITM options - returns are pretty good when compared to opting for ATM options
[10:32AM, 02/10/2015] jagmohanshan: mind refuses to rest on a non trading Friday��
[10:32AM, 02/10/2015] Mudraa Sandeep Chennai: Is there any mechanism for lots to be bought - I know this is purely based on risk appetite - Any tips in this regard will be very helpful - How do u choose between options and futures - any relationship between 1 future lot and option lots
[10:33AM, 02/10/2015] jagmohanshan: hmmm
[10:34AM, 02/10/2015] jagmohanshan: i use
[10:36AM, 02/10/2015] Mudraa Sandeep Chennai: I am so happy that you are working on non trading and sharing your thoughts - Seriously I gained more from your knowledge - You have tone and I want to take it out from you as much as I can
[10:36AM, 02/10/2015] jagmohanshan: 1. out of money strike rate when i am less sure....eg before the trend i suspect has started or before the trend i suspect to be near the end (eg i shifted from 7800ce to 8100ce yesterday)
[10:37AM, 02/10/2015] jagmohanshan: 1. out of money strike rate when i am less sure....eg before the trend i suspect to start has started or before the trend i suspect to be near the end has ended (eg i shifted from 7800ce to 8100ce yesterday)
[10:37AM, 02/10/2015] jagmohanshan: reworded for clarity
[10:39AM, 02/10/2015] jagmohanshan: 2. when the trend has finally been confirmed to have started, my out of money option comes at the money and then in the money. i let these profitable islands drift deeper into the melting-ice rising ocean of profit.
[10:41AM, 02/10/2015] jagmohanshan: 3. as the trend has blossomed, the expansion happened, the in-the-money option has, by then, gone deep in the money. i,then, keep shifting that deep-in-the-money option to at-the-money option thus taking money off the table but still staying in the trend and with good enough beta or delta
[10:45AM, 02/10/2015] jagmohanshan: e.g. i started with 7800ce when spot was 7733, and stayed in it till spot reached 7999 (deep in the money). (in between i added at 7777 also, but that's a different story). this is the spot when i shifted 277 point 7800ce with 103point (if i recall right, don't have the diary near me presently) 8100ce, thus taking 174 points off the table and hence off the risk
[10:45AM, 02/10/2015] jagmohanshan: as i said...
[10:46AM, 02/10/2015] jagmohanshan: put or call, which strike rate, less or more.......three questions to take max benefit from options
[10:46AM, 02/10/2015] jagmohanshan: the two have been discussed, the lot size is left
[10:46AM, 02/10/2015] jagmohanshan: i keep my trading corpus divided in 5 parts
[10:47AM, 02/10/2015] jagmohanshan: rarely need to or go beyond 1st.....
[10:47AM, 02/10/2015] jagmohanshan: use 20-33% of that 1 part when i am less sure or when the trend has not started or ended
[10:48AM, 02/10/2015] jagmohanshan: strike price and lot size constitute the throttle in the trading ferrari
[10:50AM, 02/10/2015] jagmohanshan: generally 3 in the money option lots are equivalent to 2 futures lots IMO
[10:50AM, 02/10/2015] jagmohanshan: and 4:1 for out of money option call
[10:50AM, 02/10/2015] jagmohanshan: that makes it 66% and 25% respectively
[10:51AM, 02/10/2015] jagmohanshan: deeper in the money options gradually approach 1:1
[10:54AM, 02/10/2015] Mudraa Shailendra Sawant: �� insights ����
[10:55AM, 02/10/2015] jagmohanshan: for the understanding of those who don't know
[10:56AM, 02/10/2015] jagmohanshan: assuming spot=7950, 7900 ce ("europian call") will be considered "at-the-money" (well almost)....though 7950ce is also availbale these days'
[10:57AM, 02/10/2015] jagmohanshan: 7800 or 7700ce will be called "in-the-money" and 7700 or 7600ce will be called "deep-in the money"
[10:57AM, 02/10/2015] jagmohanshan: vice versa for puts
[10:58AM, 02/10/2015] jagmohanshan: i see no good compelling reason for holding very-deep-in-the money options except the intention of returning the profit to the poor operator
[10:58AM, 02/10/2015] jagmohanshan: in case of a sudden market move
[11:00AM, 02/10/2015] jagmohanshan: lemme share the obvious scenario when i say "options are disaster proof and surprise friendly"
[11:01AM, 02/10/2015] jagmohanshan: assume spot=7950......assume u r holding 7900ce at 100/-
[11:01AM, 02/10/2015] jagmohanshan: assume market crashes without warning to 7450.....i.e. 500 points
[11:02AM, 02/10/2015] jagmohanshan: had u been holding futures longs, u would have fallen nearly 500 points, but in case of "at-the-money" 7900ce ur fall be restricted and arrested to mere 100 points or lesser
[11:03AM, 02/10/2015] jagmohanshan: scenario 2: u were holding 7700ce at 310/-
[11:04AM, 02/10/2015] jagmohanshan: u still are better off than holding futures longs, as now u lose 300 points instead of 500 in futures longs or 100 in 7900ce
[11:05AM, 02/10/2015] jagmohanshan: the beta however is better for 7700ce than 7800ce than 7900ce if the market was to go up from 7950 to say 8150
[11:08AM, 02/10/2015] Mudraa Sandeep Chennai: Sir ji - Does these trends have boundaries and ultimately these need to be supported by options data ? Am I right in this regard?
[11:08AM, 02/10/2015] Mudraa Sandeep Chennai: Are futures having credible weights in this trend game?
[11:09AM, 02/10/2015] Mudraa Sandeep Chennai: Monthly trend target is slowly achieved on day to day basis - Am I right in this regard?
[11:10AM, 02/10/2015] jagmohanshan: options data don't reflect accurately the boundaries which operators have in mind, IMO
[11:11AM, 02/10/2015] Mudraa Sandeep Chennai: Yes I do acknowledge but when u start seeing on historical basis before the start of trend and once the trend is confirmed - they start building it. You cant identify on Day 1 but they would start accumulating to support the trend
[11:11AM, 02/10/2015] jagmohanshan: i have seen that operators have targets much before the trend starts. inevitably they move towards that
[11:12AM, 02/10/2015] jagmohanshan: the morning and evening dew shouldn't be taken as the start of rainy season
[11:13AM, 02/10/2015] jagmohanshan: @sandeep yes
[11:13AM, 02/10/2015] Mudraa Sandeep Chennai: Yes thats exactly before the start of trend when we go for OTM options - over the period once we know how they do it historically and see thats happening here , then there is more confirmation of trend getting stronger
[11:13AM, 02/10/2015] Mudraa Shailendra Sawant: Jsji some views on time value & decay any specific slots in series conducive non conducieve
[11:14AM, 02/10/2015] Mudraa Sandeep Chennai: But do Futures have any say in relating to trends?
[11:19AM, 02/10/2015] jagmohanshan: time decay of premium depends on a few things.....
[11:21AM, 02/10/2015] jagmohanshan: eg, which side the premium is more......how much premium is left to be eaten and how many days left to expiry
[11:21AM, 02/10/2015] jagmohanshan: with practice, in few series, u see the pattern of their game plan
[11:22AM, 02/10/2015] jagmohanshan: if premium is high on both sides and days are many, god bless the retail trader.....it is going to be a hell of a roller coaster volatile ride
[11:23AM, 02/10/2015] jagmohanshan: if premium is high on both sides and days are less, i would doubt large movement though tight range
[11:24AM, 02/10/2015] jagmohanshan: if premium high only on one side and days sufficient, i would slivate on that side
[11:24AM, 02/10/2015] jagmohanshan: if premium high only on one side and days less, i would be surprised if i am not already on that side trade
[11:28AM, 02/10/2015] jagmohanshan: if premium less on both side and days many, except earthquakes
[11:28AM, 02/10/2015] jagmohanshan: if premium less on both sides and days few, i wish u have tightened the seatbelts for crash landing.
[11:29AM, 02/10/2015] jagmohanshan: more the premium, less the difference of premium on both sides and lesser the days = boring rangings
[11:30AM, 02/10/2015] jagmohanshan: no need to remember all this....even i don't remember......just like u don't remember how to walk. it becomes ur second nature with practice and observation.
self talk
[7:43AM, 02/10/2015] jagmohanshan: the more you associate and face a bully, the less bully it becomes.and gradually an ally.same applies to trading.just keep trading, even if losing.keep trading.keep trading.small ticket size.but never fear taking that trade which your head says you should but your blood pressure threatens you against.the more you trade, the more insight you have and smaller the fear.ultimately you don't fear any more.you become like brad pitt of "world war z" whom zombies are ineffective against.
[7:45AM, 02/10/2015] jagmohanshan: I've seen traders ready to quit trading but not ready to quit fearing.
[7:47AM, 02/10/2015] jagmohanshan: nobody teaches a baby to crawl or walk or talk.when fear goes, the baby learns.in fact, babies don't fear.
[7:48AM, 02/10/2015] jagmohanshan: James Lenge principle says - we don't run because we fear, we fear because we run
[7:48AM, 02/10/2015] jagmohanshan: when the fear drops, the way appears
[7:49AM, 02/10/2015] jagmohanshan: no body can teach you trading with that armour of fear over your mind
[7:51AM, 02/10/2015] jagmohanshan: it's difficult, if not impossible, to learn trading in a group.trading is a highly intensively private affair.
[7:52AM, 02/10/2015] jagmohanshan: in groups we tend to seek approval, solace, excuses, justifications.....we get caught tighter, we are not liberated
[7:53AM, 02/10/2015] jagmohanshan: groups are for support in bad times but groups can't bring good times except motivation.trade training has to be in private, alone.
[7:55AM, 02/10/2015] jagmohanshan: everyone has different age, money, family situation, mental setup, personality, health, limitations, constraints, preferences, handicaps, strengths, pressures, motivations.....
[7:55AM, 02/10/2015] jagmohanshan: no two traders are or can be same
[8:00AM, 02/10/2015] jagmohanshan: big vegetable or fruit or gold merchants don't use technicals.they will blow their wealth if they did.they use their head instead.in family businesses, children subtly get programmed in the trading game theory.their common sense builds around good business practices.they have a sufficient sense and practice of what is stupidity and what is sensible in business by the time they actually join business.business is not in their blood, business is in their subconscious mind.
[8:02AM, 02/10/2015] jagmohanshan: technicals help.I'm not against them.I use them heavily.but technicals aren't substitution for business sense.if trading is a business, then business sense is needed here.
[8:05AM, 02/10/2015] jagmohanshan: I trade nifty as potato.I take myself as a wholesale potato merchant. I trade in nifty potato assuming that my dad is sitting behind me and will slap me in the head if I did something dumb or stupid
[8:07AM, 02/10/2015] jagmohanshan: I imagine my dad thinking that the grain market is full of cunning old merchants who will use every pricing trick to dodge his son.
[8:09AM, 02/10/2015] jagmohanshan: I imagine dad thinking that though he can easily intervene and help his son, that's me, in the strategy, he won't simply because he wants me to learn how to survive amidst those sharks before he breathes his last.
[8:09AM, 02/10/2015] jagmohanshan: God give long life to every father
[8:10AM, 02/10/2015] jagmohanshan: but every father or mother, for that reason, wants to see his son or daughter able to survive the"market"
[8:10AM, 02/10/2015] jagmohanshan: don't trade the trade, play the trade.
[8:10AM, 02/10/2015] Mudraa JP: केडा चवन प्राश खाने हो.. वीर जी... सानु v दसो ..
[8:11AM, 02/10/2015] jagmohanshan: "failure chywanprash"
[8:11AM, 02/10/2015] jagmohanshan: builds great immunity
[8:11AM, 02/10/2015] Mudraa JP: ������ Good one..
[8:12AM, 02/10/2015] Mudraa JP: Completely agree..
[8:12AM, 02/10/2015] jagmohanshan: "success guarantees" causes diabetes of complacency
[8:12AM, 02/10/2015] jagmohanshan: "success chawanprash" causes diabetes of complacency
[8:12AM, 02/10/2015] Mudraa JP: Awesome
[8:23AM, 02/10/2015] jagmohanshan: some (not all, probably, and with full regards to the good ones) vegetable and fruit wholesale big dealers also accumulate distribute......some call this black marketing, profiteering. many cold storage chains accumulate when the price is low and distribute when then price is high.they accumulate when supply is good and distribute when the supply is poor.many times they control the supply. same happens in stock trading.the only difference, here they use computers instead of head.
[8:24AM, 02/10/2015] jagmohanshan: nobody calls stock trade operators black marketers, hoarders, manipulators.....
[8:25AM, 02/10/2015] jagmohanshan: nifty brand potato....current price 7950/- per sack
[8:25AM, 02/10/2015] jagmohanshan: do you expect price to go up or down next week?
[8:26AM, 02/10/2015] jagmohanshan: what's the season?
[8:26AM, 02/10/2015] jagmohanshan: let's be a common sense trader
[8:27AM, 02/10/2015] jagmohanshan: with trading sense, not necessarily technical
[8:27AM, 02/10/2015] jagmohanshan: don't forget, technicals are used by old vegetable foxes to fox new comers
[8:29AM, 02/10/2015] jagmohanshan: potato prices are not governed by just the demand supply of potatoes but demand supply of perception of the demand supply
[8:30AM, 02/10/2015] jagmohanshan: those who are constantly falling with technicals should stop using them and use their gaming instincts. practice with v v small amount
[8:31AM, 02/10/2015] jagmohanshan: trade with 1000 rupees and imagine 100 times.....as if you traded 100000
[8:32AM, 02/10/2015] jagmohanshan: trading is the art of betting pro the big betters
[8:33AM, 02/10/2015] jagmohanshan: no right or wrong side....just the side of the big better
[8:33AM, 02/10/2015] jagmohanshan: might is right
[8:34AM, 02/10/2015] jagmohanshan: even wrong perceptions build big rallies.don't difficultdifficult the wrong perceptions therefore.profit from them.
[8:40AM, 02/10/2015] jagmohanshan: even wrong perceptions build big rallies.don't ignore discard ridicule the wrong perceptions therefore.profit from them.
[8:42AM, 02/10/2015] jagmohanshan: operators can profit only from wrong perceptions.first by inflating the bubble against the masses, then by bursting it
[8:42AM, 02/10/2015] jagmohanshan: if everything was as per fair evaluation why would operators be there?
[8:43AM, 02/10/2015] jagmohanshan: play the trade....self talk
[8:54AM, 02/10/2015] jagmohanshan: all the wisdom in the libraries of the world begs to be brought into practice
self talk
[6:09PM, 01/10/2015] Mudraa rajan k: There is one thing very strange in all talks by masters, be it spiritual , or of trading community, They talk in PARABLES.Reason i do not know. but that is how i have always felt. Some times i feel their depth of knowledge is so great that i feel like illiterate reading them.-Self talk
[6:22PM, 01/10/2015] Mudraa rajan k: Deepak ji . there are many take aways from JS ji messages
.1. You can learn anything in 10hrs and become genius /champion in 10000 hrs.
2.Trading is the only profession where maturity is better.
3.Fear is dog in cattle house of money.
4.Those with money never fear.
5.Become immortal when i died hundred times in trading.The only decisive thing was i stood up one more time.
6.When operator are not doing anything they are doing a hell lot of things.
7. Learning is worship.
8.All you need is a fox eye to fish out one trick that works for you and do phd in it..
9. Focus and you will get.
[6:24PM, 01/10/2015] Mudraa rajan k: I have purposely not taken any thing related to operator talk.( as i have never understood that)
Thursday, October 1, 2015
self talk
[4:37PM, 01/10/2015] mudraa deepak: Sir, I agree But at 54...one is trying to learn the basics..
[4:38PM, 01/10/2015] mudraa deepak: First thought of joining some classes but now on my own..& ofcourse you guys are there to help... right?
[4:40PM, 01/10/2015] mudraa deepak: 32 years of hard core marketing & background of maths stats & thanks to the NIFTY group now developed interest in analysis..
[4:43PM, 01/10/2015] Mudraa Sandeep Chennai: Deepakji - Take from me - No need of any class - This group is more than enough - You get lot many inputs (or) clues - Testing these things will make pretty good trader one day
[4:45PM, 01/10/2015] Mudraa jaspreet singh: true... thats what i did.. just took experienced guys words..searched.. learned how much i can.. still doing so... then pretended like I kno what they are taking...������
[5:12PM, 01/10/2015] jagmohanshan: Deepak ji, consider this. I pray you live for 100 years.assuming you are 54 years young as of now, you have 46 years with you.only thing you have to assure is health.I'm sure you will manage. out of these 46, give 1 year for training learning practicing.that will leave 45 years.I'm sure those many are enough to earn in gold and enjoy life simultaneously.trading one can do in any age as it is physically not demanding��
[5:14PM, 01/10/2015] jagmohanshan: all u need is a functioning brain, finger to click mouse, a working demat account and internet connection��
[5:15PM, 01/10/2015] jagmohanshan: serious message in lighter vein
[5:17PM, 01/10/2015] jagmohanshan: i don't have hammers, doji's, triangles, wedges and channels and levels in my head. forget about them if u haven't befriended one till now. u don't need them to be a successful trader just as u don't need to have an expensive camera or brushes and colours to be a great photographer or painter
[5:17PM, 01/10/2015] jagmohanshan: trust me
[5:17PM, 01/10/2015] Mudraa Sanket Talathi Netherlands: Finger to click mouse....ROFL
[5:17PM, 01/10/2015] jagmohanshan: i spent years learning them and months unlearning them.
[5:20PM, 01/10/2015] jagmohanshan: all u need is a fox eye to fish out one trick that works for you. ad do Ph.D. in it.
[5:22PM, 01/10/2015] jagmohanshan: i assure u, howsoever foxy the operators may be, they have gaping holes in their strategy. they are the goliaths who are too big to miss. success in trading i easier than the laziest of things provided we are relaxed and cunning
[5:22PM, 01/10/2015] jagmohanshan: i am 44 and still have 5.5 decades to mint. and i'm not complaining.
self talk
[12:06PM, 01/10/2015] jagmohanshan: operators drag the retail traders from "licking the feet" to "foot in mouth" situations....self talk,js
[12:07PM, 01/10/2015] jagmohanshan: operators don't let the market fall till traders start believing the upside.....self talk js
[12:08PM, 01/10/2015] jagmohanshan: its the biggest dodge game of the world played online by millions.....js
[12:09PM, 01/10/2015] jagmohanshan: so much so that some bluffs are genuine!!!
[12:10PM, 01/10/2015] jagmohanshan: till your fear and greed buttons are working, u r a perfect (losing) trader that the operator super software love!
[12:11PM, 01/10/2015] jagmohanshan: robots (read software) are already "eating" humans!!!
[12:12PM, 01/10/2015] jagmohanshan: since there is/are human mind(s) behind every software, it can be beaten!!!
[12:12PM, 01/10/2015] Mudraa Arun Singla: @only single question still to be answered :
Will yesterday nifty relate to today or its new era everyday ????
[12:12PM, 01/10/2015] jagmohanshan: related
[12:12PM, 01/10/2015] Mudraa Sandeep Chennai: Yes very much
[12:12PM, 01/10/2015] jagmohanshan: pieces of puzzle
[12:13PM, 01/10/2015] jagmohanshan: i recall i wrote an article on this aspect long long ago....lemme dig for it
[12:16PM, 01/10/2015] jagmohanshan: http://thebestbusinessintheworld.blogspot.in/2010/02/how-to-estimate-price-graph-of-next-day.html
[12:16PM, 01/10/2015] jagmohanshan: here's that article....i wrote more than 5 years ago....js
[12:18PM, 01/10/2015] jagmohanshan: (pretty fast search it was.....glad.....1 out of 1096 so far)
[12:18PM, 01/10/2015] Mudraa Sandeep Chennai: Not traveling either direction
[12:19PM, 01/10/2015] jagmohanshan: it will move when people will doze off......or blink
[12:19PM, 01/10/2015] jagmohanshan: that is why, i feel, so many times that - fill it,shut it,forget it type positional trading is difficult to beat
[12:21PM, 01/10/2015] Mudraa jaspreet singh: operator is always right...
[12:22PM, 01/10/2015] jagmohanshan: because he has the money billion times yours.....
[12:27PM, 01/10/2015] Mudraa Arun Singla: Hindi quote:
Paise ko paisa khichta hai...is true here
[12:29PM, 01/10/2015] jagmohanshan: paise ko khichne se bachaana hai to deemag to pakdo
[12:30PM, 01/10/2015] jagmohanshan: markets do the obvious in the least obvious way
[12:31PM, 01/10/2015] Mudraa jaspreet singh: why we call them operator.. better we call them scrip writer..
[12:32PM, 01/10/2015] jagmohanshan: because the script they write nobody wants to see
[12:33PM, 01/10/2015] jagmohanshan: lemme ask a question that will change the perspective and help in understanding operator from a different/better angle....
[12:34PM, 01/10/2015] Mudraa jaspreet singh: plzz sir
[12:34PM, 01/10/2015] jagmohanshan: how will u trade if u were given 100 crore "only trading - no investing - no liabilities" fund to play with?
[12:35PM, 01/10/2015] jagmohanshan: and what if.....that 100 becomes 1000 or 10000 crore? or even more....
[12:36PM, 01/10/2015] jagmohanshan: the problem with operators is not how to beat everyone....that is given.....but that how to enter and exit with that LITTLE money wihtout crashing or circuit jacking the market
[12:37PM, 01/10/2015] mudraa ashok tainwalla: Oh what a thought
[12:37PM, 01/10/2015] Mudraa jaspreet singh: plzz answr also sir.. coz its beyond my box... never think that way.. apart from blaming unknown operator..
[12:37PM, 01/10/2015] Mudraa Guru Mysore: Catchy word JS "LITTLE money" :)
[12:37PM, 01/10/2015] jagmohanshan: if u had 10000 crores and u were a vegetable wholesale trader, how will u trade?
[12:38PM, 01/10/2015] jagmohanshan: u, we can't trade with that much money.....our minds will crash
[12:38PM, 01/10/2015] jagmohanshan: we would need new rules, new mindset, new gameplan
[12:38PM, 01/10/2015] jagmohanshan: such trades happen daily
[12:39PM, 01/10/2015] jagmohanshan: the operators and the operated are in every market
[12:39PM, 01/10/2015] jagmohanshan: those with money never fear.....
[12:40PM, 01/10/2015] jagmohanshan: if the guy who has good money is still fearing.....he loves fearing and will always will
[12:47PM, 01/10/2015] jagmohanshan: fear is the dog in the cattle house of money
[12:49PM, 01/10/2015] jagmohanshan: some trading styles are inherently fear loaded....
[12:49PM, 01/10/2015] jagmohanshan: eg futures
[12:50PM, 01/10/2015] mudraa ashok tainwalla: Hmm
[12:50PM, 01/10/2015] jagmohanshan: ur trade size controls fear to a large extent
[12:51PM, 01/10/2015] mudraa ashok tainwalla: Options too are giving good fluctuation....
[12:51PM, 01/10/2015] jagmohanshan: short cuts are long cuts in trading......
[12:51PM, 01/10/2015] jagmohanshan: true....but options are less threatening provided some base method is in place and trade size is not too big
[12:53PM, 01/10/2015] jagmohanshan: everyone has different mind patterns and hence different trading styles
[12:54PM, 01/10/2015] Mudraa Devender Malhotra Rewari: And age factor also ��
[12:54PM, 01/10/2015] jagmohanshan: different reasons, different pockets
[12:54PM, 01/10/2015] jagmohanshan: the older u r in body, the younger u r in mind.......especially in trading
[12:57PM, 01/10/2015] jagmohanshan: trading is perhaps the only occupation where more age is better......by age, i mean, maturity
[12:57PM, 01/10/2015] jagmohanshan: rather, age = years spent in trading......anything
[12:58PM, 01/10/2015] jagmohanshan: a good vegetable or fruit trader will be a good stock trader.....they don't try.......because, they are good traders already and making good money
[12:59PM, 01/10/2015] Mudraa Sandeep Chennai: JS JI - Rather than age in trading - how much quality time spent is more important
[12:59PM, 01/10/2015] jagmohanshan: i listened a ted talk in youtube on this .....
[12:59PM, 01/10/2015] jagmohanshan: which says that
[1:00PM, 01/10/2015] jagmohanshan: u can learn anything in 10 hrs and become a genius/champion in that in 10000 hours
[1:00PM, 01/10/2015] jagmohanshan: let me search fo it and give u link
[1:00PM, 01/10/2015] Mudraa Sandeep Chennai: The reason is nearly significant % of people lose in share market
[1:02PM, 01/10/2015] Mudraa Sandeep Chennai: If a person who is into stock market for years together and makes losses then age factor doesnt help there - looking at right perspective is more important
[1:03PM, 01/10/2015] Mudraa Sandeep Chennai: Not everyone will be profitable inspite of more years spent in stock market unless he has interest and sufficient resources devoted to learn
[1:06PM, 01/10/2015] jagmohanshan: i feel that if u don't quit, u will make it......whatever the arena
[1:10PM, 01/10/2015] jagmohanshan: so, mental age matters!!!
[1:11PM, 01/10/2015] Mudraa Sandeep Chennai: Now full agree
[1:11PM, 01/10/2015] Mudraa Arun Singla: Jagmohan sir..how old you are when u start trading...nd how many years in trading now ?
[1:13PM, 01/10/2015] jagmohanshan: i started learning when i was 32.started trading seriously when 35, started winning consistently when 42. have been making money since 2 years. guess my (mental) age
[1:15PM, 01/10/2015] jagmohanshan: became immortal when i died a full hundred times in trading
[1:15PM, 01/10/2015] Mudraa Sandeep Chennai: Hmmmnm
[1:16PM, 01/10/2015] jagmohanshan: i have mentally quit trading so many times that i have made to the other side.....
[1:16PM, 01/10/2015] Mudraa Arun Singla: Hardwork is everywhere..
[1:17PM, 01/10/2015] jagmohanshan: the only decisive thing was.......i stood up one more time
[1:17PM, 01/10/2015] jagmohanshan: i was, eventually unsinkable
[1:17PM, 01/10/2015] jagmohanshan: that was my only plus point which i didn't know myself
[1:24PM, 01/10/2015] +91 78937 39994: Thank u js ji for giving valuable inputs for young traders
[1:26PM, 01/10/2015] jagmohanshan: ������������ thank u all for bearing me
[1:26PM, 01/10/2015] jagmohanshan: trading is my life....i love anyone who loves trading
[1:27PM, 01/10/2015] jagmohanshan: i can listen and talk non stop for a few lives regarding trading
[1:30PM, 01/10/2015] jagmohanshan: when operators are not doing anything, they are doing a hell lot of things.......self talk
[1:33PM, 01/10/2015] Mudraa Sandeep Chennai: Sir ji, Please share something on that statement
[1:34PM, 01/10/2015] jagmohanshan: they are accumulating, distributing.......besides mentally working on traders' minds
Wednesday, September 9, 2015
self talk
[10:16PM, 9/9/2015] -Jagmohan: good evening all��
[10:17PM, 9/9/2015] -Jagmohan: no change in my yesterday's views/analyses/understanding
[10:17PM, 9/9/2015] -Jagmohan: holding longs.....
[10:18PM, 9/9/2015] -Jagmohan: 3 signals clearly indicating upside
[10:18PM, 9/9/2015] -Jagmohan: as per those, upside just started......substantially left
[10:18PM, 9/9/2015] Mudraa jeneel shah surendranagar gujarat: Any dip left before 8100++
[10:18PM, 9/9/2015] Mudraa jeneel shah surendranagar gujarat: Say of 100points?
[10:18PM, 9/9/2015] Mudraa jeneel shah surendranagar gujarat: Or 8000++
[10:19PM, 9/9/2015] -Jagmohan: possible.....but not definite
[10:21PM, 9/9/2015] -Jagmohan: I suspect expect one volatility.so won't be fearful if one comes......but won't be anxious if it comes at higher altitude
[10:22PM, 9/9/2015] -Jagmohan: any volatility will be good opportunity to add longs
[10:26PM, 9/9/2015] -Jagmohan: not getting big bearish signals I was getting before the start of the fall.
[10:29PM, 9/9/2015] -Jagmohan: also, not heard any "the rise has started" bugle......this may mean 2 things.....we are entering range or the upside from here is substantial even after 250 points from recent lows
[10:32PM, 9/9/2015] -Jagmohan: fii's can sell even in rising markets.....
[10:33PM, 9/9/2015] -Jagmohan: fii's control the throttle of price movement in 4 ways
[10:33PM, 9/9/2015] -Jagmohan: IMO
[10:33PM, 9/9/2015] -Jagmohan: 1. supporting selling
[10:34PM, 9/9/2015] -Jagmohan: 2.not supporting selling but letting it go down
[10:34PM, 9/9/2015] -Jagmohan: 3.supporting buying
[10:34PM, 9/9/2015] -Jagmohan: 4.not supporting buying, but letting it go up
[10:36PM, 9/9/2015] -Jagmohan: sorry, 1 and 3 are expansion
[10:36PM, 9/9/2015] -Jagmohan: 2 and 4 are accumulation or distribution
[10:38PM, 9/9/2015] -Jagmohan: thank you for stimulating my thought process
[10:39PM, 9/9/2015] -Jagmohan: upside likely to be equally crushing and frustrating
[10:39PM, 9/9/2015] -Jagmohan: nobody ready to believe it
[10:44PM, 9/9/2015] Mudraa Guru Mysore: Js ji...so frm outside it will look like long build up ...short build build up....short covering...long unwinding etc...but underneath massive scam goin on...
[10:45PM, 9/9/2015] -Jagmohan: not scam per se but positions being strengthened or created
[10:46PM, 9/9/2015] -Jagmohan: operators (deep pockets) are always working....
[10:47PM, 9/9/2015] -Jagmohan: they don't have the credo line "citi never sleeps" for nothing
[10:49PM, 9/9/2015] -Jagmohan: market spring is stretched on the lower side but I suspect that it will not rebound when you expect, but blow your nose red when you are least expecting.waiting with held breath for that expansion moment which hasn't come even after 250 points.....self talk
[10:51PM, 9/9/2015] -Jagmohan: I get lot of comfort expecting and waiting for the discomfort of operators' surprises
[10:52PM, 9/9/2015] -Jagmohan: expect such a perfect beauty soon
[10:53PM, 9/9/2015] -Jagmohan: helps in positioning my trades, deciding time and size of topups and withdrawals
[10:55PM, 9/9/2015] -Jagmohan: expecting operators to soon cough out what they are chewing
self talk
[9:36PM, 9/8/2015] -Jagmohan: good evening��
[9:37PM, 9/8/2015] Mudraa Sandeep Chennai: Waiting for your inputs on current market
[9:39PM, 9/8/2015] -Jagmohan: expecting minor hiccup and then respectable upside in next few days.holding longs since 7655 and 7740
[9:39PM, 9/8/2015] mudraa ashok tainwalla: Js betaab hain aapke input ke liye....GE ��
[9:40PM, 9/8/2015] -Jagmohan: very interesting setup
[9:41PM, 9/8/2015] Mudraa Sanket Talathi Netherlands: Js ji any targets in mind?? Or on the way??
[9:42PM, 9/8/2015] -Jagmohan: very difficult to give target.....maybe 8200
[9:42PM, 9/8/2015] -Jagmohan: spot
[9:42PM, 9/8/2015] -Jagmohan: gold spot
[9:43PM, 9/8/2015] mudraa ashok tainwalla: So bottom in place for the time being....minor hiccup would range between 7540 and 7688=148 pts....
[9:49PM, 9/8/2015] -Jagmohan: slight pain before explosive rise IMO.expecting boring frustrating range followed by a stunning rise IMO in next few trading days
[9:49PM, 9/8/2015] mudraa ashok tainwalla: Howm much can happen in 3 sessions?
Self talk
[9:50PM, 9/8/2015] -Jagmohan: second or third session, especially Thursday evening or Friday morning.....who knows
[9:51PM, 9/8/2015] -Jagmohan: surprise is the key word
[9:51PM, 9/8/2015] -Jagmohan: those who are out likely to remain out.....May be that fast or overnight
[9:51PM, 9/8/2015] -Jagmohan: self talk
[9:51PM, 9/8/2015] -Jagmohan: thinking aloud
[9:51PM, 9/8/2015] Mudraa Sandeep Chennai: Oh
[9:52PM, 9/8/2015] -Jagmohan: traders paralysed on bear side.any hiccup will take even the remaining thinking ability away from them
[9:56PM, 9/8/2015] -Jagmohan: patterns emerge slowly.......wait to see........self talk
[9:56PM, 9/8/2015] mudraa ashok tainwalla: ������
How well you put things.....Salaam
[9:56PM, 9/8/2015] mudraa ashok tainwalla: I would not like to give more than up to Monday 1st half.....
[9:56PM, 9/8/2015] mudraa ashok tainwalla: Wow that's it....so possibility is there ������
[9:56PM, 9/8/2015] -Jagmohan: but they do emerge.....patterns
[9:57PM, 9/8/2015] -Jagmohan: positional trading is a wait and watch hunting game......day trading is hot and run
[9:57PM, 9/8/2015] -Jagmohan: hit
[9:58PM, 9/8/2015] -Jagmohan: positional trading is a siege......day trading....guerrilla war
[10:00PM, 9/8/2015] -Jagmohan: positional trading is chess, day trading shooting
[10:00PM, 9/8/2015] -Jagmohan: we all are sports persons
[10:02PM, 9/8/2015] -Jagmohan: if operators don't buff, they can't beat the masses
[10:03PM, 9/8/2015] -Jagmohan: therein lies a big hint.....
[10:03PM, 9/8/2015] -Jagmohan: there are....bluffs.....out there
[10:03PM, 9/8/2015] Sub Snjv Feli2: If u follow system u can beat operators
[10:03PM, 9/8/2015] -Jagmohan: yes
[10:03PM, 9/8/2015] -Jagmohan: system weeds out the bluff or mind doesn't
[10:04PM, 9/8/2015] -Jagmohan: our
[10:04PM, 9/8/2015] -Jagmohan: mind gets hypnotized, system is dumb and hence intelligent
[10:04PM, 9/8/2015] Sub Snjv Feli2: Yes correct
[10:05PM, 9/8/2015] -Jagmohan: dumb traders win, the “intelligent" lose
[10:06PM, 9/8/2015] Sub Snjv Feli2: Good way to make profit make urself offf the screen
[10:06PM, 9/8/2015] -Jagmohan: dumb dumb lose, intelligent dumb win.....intelligent intelligent win, dumb intelligent lose
[10:07PM, 9/8/2015] Mudraa Shailendra Sawant: i always feel we are watching a suspense horror movie put our money and enjoy the flick with popcorn but the producer and directors know the end and they make most of the monies
[10:07PM, 9/8/2015] -Jagmohan: play it, don't trade it
[10:07PM, 9/8/2015] -Jagmohan: shailendra....true
[10:08PM, 9/8/2015] -Jagmohan: be the vishwamitra who ducked, dropped and survived the maneka
[10:10PM, 9/8/2015] -Jagmohan: options data indicating hammer surprises till expiry....
[10:11PM, 9/8/2015] -Jagmohan: current and last series were and are tough.....and were expected to be, looking at the options spread
[10:12PM, 9/8/2015] -Jagmohan: not clearly one sided but still heavily one sided
[10:13PM, 9/8/2015] -Jagmohan: options spread is a coded map
[10:15PM, 9/8/2015] -Jagmohan: operators expected to start accumulating shorts again without bothering that they still have quite a lot of shorts still in their backyards that they accumulated last month.they are looking to redeploy their profits of last 2 weeks to multiply further
[10:16PM, 9/8/2015] -Jagmohan: rascals
[10:17PM, 9/8/2015] -Jagmohan: this series likely to be the most profitable for operators and hedge funds
[10:19PM, 9/8/2015] -Jagmohan: unbelievable premiums on both sides.extremely less options yield on either side. most difficult setup for retail traders.August September pitches are supporting both turn and swing
[10:20PM, 9/8/2015] mudraa ashok tainwalla: So they are withdrawing their funds and making money from deriavities to reinvest at lower levels ....
[10:22PM, 9/8/2015] -Jagmohan: I differ ashokji
[10:22PM, 9/8/2015] -Jagmohan: they accumulated lot of shorts last 1-2 months.....
[10:23PM, 9/8/2015] -Jagmohan: booked some last week or so
[10:23PM, 9/8/2015] -Jagmohan: and started to accumulate more now
[10:23PM, 9/8/2015] -Jagmohan: they are wise not to kill the golden goose
[10:26PM, 9/8/2015] mudraa ashok tainwalla: So they will accumulate while mkt moves up....and then dump the market.....
[10:27PM, 9/8/2015] Mudraa Sandeep Chennai: This exactly they will do
[10:27PM, 9/8/2015] -Jagmohan: they will stop selling.but also not support biting because they will not buy aggressively.but since they are not aggressive sellers, price will go up.they will leech suck the shorts gradually while the unsuspecting retail traders keep buying seeing the stable rising market
[10:27PM, 9/8/2015] -Jagmohan: ashokji....right
[10:28PM, 9/8/2015] -Jagmohan: buying.....not biting......typo
Saturday, September 5, 2015
self talk
[7:57PM, 04/09/2015] jagmohanshan: in most of the series one half of the series is non productive.since you don't know which half, your method has to have the capability to withstand that surprise one half and still be in the race to squeeze juice if profit in the second half.....self talk
[8:07PM, 04/09/2015] jagmohanshan: good methods look average in tough times and terrific in good times. bad methods look average in good times and terrible in bad times....self talk
[9:57PM, 04/09/2015] jagmohanshan: fear is an unavoidable essential normal emotion in a trader's life.the more you avoid it, fear it, run away from it the more it will trap you.don't hate fear.manage it.understand it.tame it....self talk
[7:02AM, 05/09/2015] jagmohanshan: most of the traders lose despite being positionally right because they don't have the holding capacity.that's either because their position size is too large, our they are in the wrong instrument or their fear factor is untamed and running unchallenged.....self talk
self talk
[8:09AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: JS ji how much percent you confident that Nifty will go up Next week
[8:13AM, 05/09/2015] Mudraa jaspreet singh: Prithwi... dont know abt JS paaji.. but when he states.. other grp members get 100% confident... built a repo like that...
[8:18AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: yes, Jaspret , you are correct
[8:24AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: @Jaspret : but sorry to say that , yesterday I seen JS ji Nifty view and get confidence myself and take Nifty Fut Long @7710 (average price), but my bad Luck I close @7660, 9 Lot
[8:25AM, 05/09/2015] Mudraa Guru Mysore: [07:56, 05/09/2015] Jagmohan: most of the traders lose for being positionally right because they don't have the holding capacity.that's either because their position size is too large, our they are in the wrong instrument or their fear factor is untamed and running unchallenged.....self talk
[07:56, 05/09/2015] Jagmohan: "lose despite"
[8:25AM, 05/09/2015] Mudraa Guru Mysore: @pritwis
[8:34AM, 05/09/2015] jagmohanshan: very string chance of up move in coming week
[8:36AM, 05/09/2015] jagmohanshan: you can't trade positionally with day trading mindset and you can't and shouldn't day trade with positional mindset.when I enter positional,I keep in mind that adverse vibrations might be there.my entire method and money management and mindset woven around positional.my way dangerous for day trading etc
[8:37AM, 05/09/2015] jagmohanshan: if you have 1-2 days or 50 points patience or backup or preparation Pl don't enter positional.you will be ejected.
[8:38AM, 05/09/2015] jagmohanshan: a good positional trader knows or should know how to benefit for extreme adverse tactical or situational move my operators.
[8:39AM, 05/09/2015] jagmohanshan: any adverse market move is a fixed deposit for a good positional method
[8:40AM, 05/09/2015] jagmohanshan: I started this positional position with out of market option.gradually I'll move in the market.it is a low risk, win win setup.
[8:41AM, 05/09/2015] jagmohanshan: IMO we are at the cusp of positional intermediate reversal
[8:41AM, 05/09/2015] jagmohanshan: as per method
[8:41AM, 05/09/2015] jagmohanshan: cusp is usually foggy.nothing unusual about it
[8:42AM, 05/09/2015] jagmohanshan: who says trading is easy....self talk
[8:42AM, 05/09/2015] jagmohanshan: but it is not impossible
[8:42AM, 05/09/2015] jagmohanshan: if you accept the prepare for the difficulties it is easy
[8:42AM, 05/09/2015] jagmohanshan: accept and prepare
[8:43AM, 05/09/2015] jagmohanshan: if you hear a truth, it is a truth even before proved so
[8:44AM, 05/09/2015] jagmohanshan: have your own truths
[8:44AM, 05/09/2015] jagmohanshan: even a winner can't survive the casino if he doesn't have a backup strategy
[8:46AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: Sorry JS ji, I have hurt you, I always read your views & myself full confidence of your Nifty views positionally
[8:48AM, 05/09/2015] Mudraa Sandeep Chennai: Js ji
You trade current month or next month?
If current month at what point of time you take a decision to roll over if so how you do that?
[8:50AM, 05/09/2015] jagmohanshan: no no no I'm not hurt or anything like that please
[8:50AM, 05/09/2015] jagmohanshan: I'm always candid and upfront
[8:50AM, 05/09/2015] jagmohanshan: like British parliamentarians
[8:52AM, 05/09/2015] jagmohanshan: my positional method can make money even if any unforeseen disastrous event were to make nifty open tomorrow 2000 points down with me in the longs.market is a spring programmed in time.you have to have a back strategy and a survival kit/plan.
[8:53AM, 05/09/2015] jagmohanshan: I trade current series mostly
[8:54AM, 05/09/2015] Mudraa Sandeep Chennai: Thanks js ji
[8:54AM, 05/09/2015] Mudraa Sandeep Chennai: So u don't hedge?
[9:02AM, 05/09/2015] jagmohanshan: I don't hedge
[9:02AM, 05/09/2015] jagmohanshan: hedging is only for hedge funds for a reason
[9:02AM, 05/09/2015] jagmohanshan: not for retail traders
[9:02AM, 05/09/2015] mudraa ashok tainwalla: Monday gap down should be an oppurtunity...
[9:04AM, 05/09/2015] jagmohanshan: it's not important just to say that I'm short or long.but why how and how much.and with what preparation and backup.devil lies in the details.
[9:04AM, 05/09/2015] jagmohanshan: up and down, gap up and gap down and everything else should be seen as an opportunity, not a calamity
[9:09AM, 05/09/2015] jagmohanshan: “don't have just plan B. you have alphabets till Z"
[9:11AM, 05/09/2015] jagmohanshan: Prithwis, you took position in futures,I took calls.therein lies the first diversion.a big one! with futures you just can't trade with my method.
[9:12AM, 05/09/2015] jagmohanshan: you were likely to be ejected or crushed by any adverse manoeuvre
Monday, August 31, 2015
imitate the operators this way
[11:46AM, 29/08/2015] jagmohanshan: though it was risky but probably done by a guy who knew what he was doing
[11:47AM, 29/08/2015] jagmohanshan: many may emulate him after reading this story and burn fingers without realizing the preparation and safety net behind his trade
[11:49AM, 29/08/2015] jagmohanshan: if this feat can be even approximately repeated by him often, he is a genuine genius.even if it was a ultra bold gamble of him and he decides to call it a day, still too great
[11:49AM, 29/08/2015] jagmohanshan: but certainly inspiring from few angles
[11:51AM, 29/08/2015] Sandeep Chennai: Js ji - I thought of asking you this question many times but somehow didn't.
After doing extensive research on this - I am of the opinion - does FII use charts or any other technical indicators?
I somehow feel they have predecided everything and play accordingly.
Others like us justify their games by linking it to charts or technicals.
Don't you agree?
[11:52AM, 29/08/2015] jagmohanshan: in addition to shubh labh, I want sure labh, surakshit labh, nirantar labh
[11:54AM, 29/08/2015] jagmohanshan: imo, operators don't use “charts"
[11:54AM, 29/08/2015] jagmohanshan: lions don't have time tables
[11:55AM, 29/08/2015] Chennai: How can all FII consolidatedly act together and profit - I feel even in that only those ones who have got money power are playing the game
[11:56AM, 29/08/2015] jagmohanshan: operators must be having cartels, and there must be only a few, smaller ones falling in place and towing line
[11:57AM, 29/08/2015] Sandeep Chennai: So then I guess they may wantedly doesn't breach few levels so that to trap everyone after entering
[11:57AM, 29/08/2015] jagmohanshan: operators don't win or lose.they scavenge.they suck.they are leaches.they are in the middle of everything
[11:57AM, 29/08/2015] Sandeep Chennai: OK
[11:57AM, 29/08/2015] jagmohanshan: yes true
[11:58AM, 29/08/2015] Sandeep Chennai: So their idea is to not to lose the value of their investments but at least maintain it without any erosion and make meager profit by hedging if possible
[11:59AM, 29/08/2015] jagmohanshan: operators of China don't fight with those of Europe or America.and vice versa.they dance in sync, whatever.they adjust and take advantage
[11:59AM, 29/08/2015] Sandeep Chennai: So FII all over the world operate same way then and they see consolidatedly
[12:00PM, 29/08/2015] Sandeep Chennai: So nothing to lose for them and it's all the retail investors money at stake
[12:00PM, 29/08/2015] jagmohanshan: they needn't worry about wealth erosion.they are the deciders reaction to parameters, at time even parameters.they have got all the money at their disposal.
[12:01PM, 29/08/2015] jagmohanshan: amounts we can't even dream, let alone think
[12:02PM, 29/08/2015] jagmohanshan: yes
[12:02PM, 29/08/2015] Sandeep Chennai: So the main idea should be understanding their logic rather than any technicals
[12:02PM, 29/08/2015] Sandeep Chennai: Agreed js ji - it's all played he them
[12:02PM, 29/08/2015] jagmohanshan: like mafia they are interconnected interdependent.having tacit understanding
[12:03PM, 29/08/2015] Sandeep Chennai: Js ji other thing I noticed - they are playing the same way not just in index but also in all the stocks
[12:03PM, 29/08/2015] jagmohanshan: we can understand them as we can understand movement of planets even when they are astronomical in size
[12:04PM, 29/08/2015] Sandeep Chennai: I am of the opinion now they know the results of the companies much before their announcement and data as proved it in few stocks
[12:04PM, 29/08/2015] jagmohanshan: yes, for them, stocks and indices are like minute and hour hands of the trading clock
[12:05PM, 29/08/2015] Sandeep Chennai: I was no one 8-9 months before
[12:05PM, 29/08/2015] jagmohanshan: insiders always know results beforehand.obviously.outsiders always have access to insiders.insiders are humans
[12:06PM, 29/08/2015] Sandeep Chennai: After reading your blogs and joining this and reading your messages. I am happy to get into trading and get decent understanding and somehow fell that I am able to get their logic - big hatsoff to you
[12:07PM, 29/08/2015] jagmohanshan: keep learning.be a non sheep
[12:08PM, 29/08/2015] Sandeep Chennai: Yesterday I was able to see in few stocks these people had first hand information on results previous day and change the price during the results day
[12:08PM, 29/08/2015] Sandeep Chennai: Yeah every day is a learning process and I love that
[12:09PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.habits of operators will work even at minuscule level
[12:09PM, 29/08/2015] Guru Mysore: Inherent stop loss is the best thing in options..
[12:09PM, 29/08/2015] jagmohanshan: 1000%
[12:10PM, 29/08/2015] Sandeep Chennai: I am just having sleepless nights everyday just thinking what sort of analysis to be done
[12:10PM, 29/08/2015] jagmohanshan: amateurs should only trade in naked calls or puts
[12:10PM, 29/08/2015] Sandeep Chennai: Please share your learnings on accumulation and distribution
[12:10PM, 29/08/2015] jagmohanshan: sleepless nights clarify the clutter best after a level
[12:11PM, 29/08/2015] jagmohanshan: still learning
[12:11PM, 29/08/2015] Sandeep Chennai: Hmmm agreed js ji
[12:11PM, 29/08/2015] jagmohanshan: recently shifted my focus on this
[12:12PM, 29/08/2015] jagmohanshan: enter and exit in steps is the simplified version of accumulation and distribution
[12:13PM, 29/08/2015] jagmohanshan: when and whether operators could or couldn't accumulate or distribute are the biggest hints of the truth behind the market moves
[12:13PM, 29/08/2015] Sandeep Chennai: Don't you think heding in steps won't be possible
[12:15PM, 29/08/2015] jagmohanshan: there is big big big money in trading.but comes only when you “crack the code"
[12:15PM, 29/08/2015] Sandeep Chennai: Hedging is not the best option - ignore it seem stupid question
[12:15PM, 29/08/2015] Sandeep Chennai: Yes sir ji
[12:16PM, 29/08/2015] Sandeep Chennai: Js ji were u able to see any equation between stocks and index of Fii investments?
[12:16PM, 29/08/2015] jagmohanshan: and when that happens, it is not only rains but cloud burst.....of money
[12:16PM, 29/08/2015] Sandeep Chennai: Hmmmm
[12:17PM, 29/08/2015] Sandeep Chennai: I am witnessing that from past few days obviously in my scale as such
[12:18PM, 29/08/2015] Sandeep Chennai: I felt they play the same way across all - whether nifty / bank nifty / stocks
[12:18PM, 29/08/2015] Sandeep Chennai: Rather their logic is simple and it is uniform
[12:20PM, 29/08/2015] Sandeep Chennai: I am just trying to get as many as inputs from you as possible - so I can further work on the inputs which you give
[12:21PM, 29/08/2015] jagmohanshan: stocks are levers issues operators control indices.rather, stocks (sectoral, macro economical) dynamics tell operators where to see indices heading.it won't be wrong to say that operators control sectors and not indices.the remaining world looks at indices only. for operators indices are only additional stocks
[12:22PM, 29/08/2015] jagmohanshan: operators are just accumulators distributors and commission agents (read premium eating facilitators)
[12:23PM, 29/08/2015] Sandeep Chennai: Hmmmmm that's the logic for their operations
[12:23PM, 29/08/2015] jagmohanshan: imo
[12:23PM, 29/08/2015] jagmohanshan: built over all these years, seeing all that I did
[12:24PM, 29/08/2015] Sandeep Chennai: Wow
[12:24PM, 29/08/2015] jagmohanshan: I repeat
[12:25PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.
[12:25PM, 29/08/2015] jagmohanshan: for that you need to trade small and gradually build up
[12:25PM, 29/08/2015] Sandeep Chennai: Hmm that's important js ji - will try to work towards that.
[12:26PM, 29/08/2015] Sandeep Chennai: Sorry js ji other question - they usually build the boundary every month within which they work - am I right?
[12:26PM, 29/08/2015] jagmohanshan: even one sided (only buy) cash and carry practice of this with stocks is a great start.it Will gradually build the habit and method operators use
[12:26PM, 29/08/2015] Sandeep Chennai: Some circumstances they collapse and widen it bit more - so no one will have clue
[12:27PM, 29/08/2015] jagmohanshan: directions rather than boundaries I would say
[12:28PM, 29/08/2015] Sandeep Chennai: That's interesting js ji - direction is the key here
[12:28PM, 29/08/2015] Sandeep Chennai: I will back test it
[12:28PM, 29/08/2015] jagmohanshan: yes IMO
[12:28PM, 29/08/2015] jagmohanshan: any pro trend trade, even if momentary wrong will go right in the end or will not go terribly wrong atleast
Sunday, August 30, 2015
self talk
[11:45AM, 29/08/2015] jagmohanshan: thanks Ganesh for sharing that inspiring newsprint....��
[11:46AM, 29/08/2015] jagmohanshan: though it was risky but probably done by a guy who knew what he was doing
[11:47AM, 29/08/2015] jagmohanshan: many may emulate him after reading this story and burn fingers without realizing the preparation and safety net behind his trade
[11:49AM, 29/08/2015] jagmohanshan: if this feat can be even approximately repeated by him often, he is a genuine genius.even if it was a ultra bold gamble of him and he decides to call it a day, still too great
[11:49AM, 29/08/2015] jagmohanshan: but certainly inspiring from few angles
[11:51AM, 29/08/2015] Mudraa Sandeep Chennai: Js ji - I thought of asking you this question many times but somehow didn't.
After doing extensive research on this - I am of the opinion - does FII use charts or any other technical indicators?
I somehow feel they have predecided everything and play accordingly.
Others like us justify their games by linking it to charts or technicals.
Don't you agree?
[11:52AM, 29/08/2015] jagmohanshan: in addition to shubh labh, I want sure labh, surakshit labh, nirantar labh
[11:54AM, 29/08/2015] jagmohanshan: imo, operators don't use “charts"
[11:54AM, 29/08/2015] jagmohanshan: lions don't have time tables
[11:55AM, 29/08/2015] Mudraa Sandeep Chennai: How can all FII consolidatedly act together and profit - I feel even in that only those ones who have got money power are playing the game
[11:56AM, 29/08/2015] jagmohanshan: operators must be having cartels, and there must be only a few, smaller ones falling in place and towing line
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: So then I guess they may wantedly doesn't breach few levels so that to trap everyone after entering
[11:57AM, 29/08/2015] jagmohanshan: operators don't win or lose.they scavenge.they suck.they are leaches.they are in the middle of everything
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: OK
[11:57AM, 29/08/2015] jagmohanshan: yes true
[11:58AM, 29/08/2015] Mudraa Sandeep Chennai: So their idea is to not to lose the value of their investments but at least maintain it without any erosion and make meager profit by hedging if possible
[11:59AM, 29/08/2015] jagmohanshan: operators of China don't fight with those of Europe or America.and vice versa.they dance in sync, whatever.they adjust and take advantage
[11:59AM, 29/08/2015] Mudraa Sandeep Chennai: So FII all over the world operate same way then and they see consolidatedly
[12:00PM, 29/08/2015] Mudraa Sandeep Chennai: So nothing to lose for them and it's all the retail investors money at stake
[12:00PM, 29/08/2015] jagmohanshan: they needn't worry about wealth erosion.they are the deciders reaction to parameters, at time even parameters.they have got all the money at their disposal.
[12:01PM, 29/08/2015] jagmohanshan: amounts we can't even dream, let alone think
[12:02PM, 29/08/2015] jagmohanshan: yes
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: So the main idea should be understanding their logic rather than any technicals
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: Agreed js ji - it's all played he them
[12:02PM, 29/08/2015] jagmohanshan: like mafia they are interconnected interdependent.having tacit understanding
[12:03PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji other thing I noticed - they are playing the same way not just in index but also in all the stocks
[12:03PM, 29/08/2015] jagmohanshan: we can understand them as we can understand movement of planets even when they are astronomical in size
[12:04PM, 29/08/2015] Mudraa Sandeep Chennai: I am of the opinion now they know the results of the companies much before their announcement and data as proved it in few stocks
[12:04PM, 29/08/2015] jagmohanshan: yes, for them, stocks and indices are like minute and hour hands of the trading clock
[12:05PM, 29/08/2015] Mudraa Sandeep Chennai: I was no one 8-9 months before
[12:05PM, 29/08/2015] jagmohanshan: insiders always know results beforehand.obviously.outsiders always have access to insiders.insiders are humans
[12:06PM, 29/08/2015] Mudraa Sandeep Chennai: After reading your blogs and joining this and reading your messages. I am happy to get into trading and get decent understanding and somehow fell that I am able to get their logic - big hatsoff to you
[12:07PM, 29/08/2015] jagmohanshan: keep learning.be a non sheep
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yesterday I was able to see in few stocks these people had first hand information on results previous day and change the price during the results day
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yeah every day is a learning process and I love that
[12:09PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.habits of operators will work even at minuscule level
[12:09PM, 29/08/2015] Mudraa Guru Mysore: Inherent stop loss is the best thing in options..
[12:09PM, 29/08/2015] jagmohanshan: 1000%
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: I am just having sleepless nights everyday just thinking what sort of analysis to be done
[12:10PM, 29/08/2015] jagmohanshan: amateurs should only trade in naked calls or puts
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: Please share your learnings on accumulation and distribution
[12:10PM, 29/08/2015] jagmohanshan: sleepless nights clarify the clutter best after a level
[12:11PM, 29/08/2015] jagmohanshan: still learning
[12:11PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmm agreed js ji
[12:11PM, 29/08/2015] jagmohanshan: recently shifted my focus on this
[12:12PM, 29/08/2015] jagmohanshan: enter and exit in steps is the simplified version of accumulation and distribution
[12:13PM, 29/08/2015] jagmohanshan: when and whether operators could or couldn't accumulate or distribute are the biggest hints of the truth behind the market moves
[12:13PM, 29/08/2015] Mudraa Sandeep Chennai: Don't you think heding in steps won't be possible
[12:15PM, 29/08/2015] jagmohanshan: there is big big big money in trading.but comes only when you “crack the code"
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Hedging is not the best option - ignore it seem stupid question
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Yes sir ji
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji were u able to see any equation between stocks and index of Fii investments?
[12:16PM, 29/08/2015] jagmohanshan: and when that happens, it is not only rains but cloud burst.....of money
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmm
[12:17PM, 29/08/2015] Mudraa Sandeep Chennai: I am witnessing that from past few days obviously in my scale as such
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: I felt they play the same way across all - whether nifty / bank nifty / stocks
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: Rather their logic is simple and it is uniform
[12:20PM, 29/08/2015] Mudraa Sandeep Chennai: I am just trying to get as many as inputs from you as possible - so I can further work on the inputs which you give
[12:21PM, 29/08/2015] jagmohanshan: stocks are levers issues operators control indices.rather, stocks (sectoral, macro economical) dynamics tell operators where to see indices heading.it won't be wrong to say that operators control sectors and not indices.the remaining world looks at indices only. for operators indices are only additional stocks
[12:22PM, 29/08/2015] jagmohanshan: operators are just accumulators distributors and commission agents (read premium eating facilitators)
[12:23PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmmm that's the logic for their operations
[12:23PM, 29/08/2015] jagmohanshan: imo
[12:23PM, 29/08/2015] jagmohanshan: built over all these years, seeing all that I did
[12:24PM, 29/08/2015] Mudraa Sandeep Chennai: Wow
[12:24PM, 29/08/2015] jagmohanshan: I repeat
[12:25PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.
[12:25PM, 29/08/2015] jagmohanshan: for that you need to trade small and gradually build up
[12:25PM, 29/08/2015] Mudraa Sandeep Chennai: Hmm that's important js ji - will try to work towards that.
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Sorry js ji other question - they usually build the boundary every month within which they work - am I right?
[12:26PM, 29/08/2015] jagmohanshan: even one sided (only buy) cash and carry practice of this with stocks is a great start.it Will gradually build the habit and method operators use
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Some circumstances they collapse and widen it bit more - so no one will have clue
[12:27PM, 29/08/2015] jagmohanshan: directions rather than boundaries I would say
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: That's interesting js ji - direction is the key here
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: I will back test it
[12:28PM, 29/08/2015] jagmohanshan: yes IMO
[12:28PM, 29/08/2015] jagmohanshan: any pro trend trade, even if momentary wrong will go right in the end or will not go terribly wrong atleast
self talk
[11:45AM, 29/08/2015] jagmohanshan: thanks Ganesh for sharing that inspiring newsprint....��
[11:46AM, 29/08/2015] jagmohanshan: though it was risky but probably done by a guy who knew what he was doing
[11:47AM, 29/08/2015] jagmohanshan: many may emulate him after reading this story and burn fingers without realizing the preparation and safety net behind his trade
[11:49AM, 29/08/2015] jagmohanshan: if this feat can be even approximately repeated by him often, he is a genuine genius.even if it was a ultra bold gamble of him and he decides to call it a day, still too great
[11:49AM, 29/08/2015] jagmohanshan: but certainly inspiring from few angles
[11:51AM, 29/08/2015] Mudraa Sandeep Chennai: Js ji - I thought of asking you this question many times but somehow didn't.
After doing extensive research on this - I am of the opinion - does FII use charts or any other technical indicators?
I somehow feel they have predecided everything and play accordingly.
Others like us justify their games by linking it to charts or technicals.
Don't you agree?
[11:52AM, 29/08/2015] jagmohanshan: in addition to shubh labh, I want sure labh, surakshit labh, nirantar labh
[11:54AM, 29/08/2015] jagmohanshan: imo, operators don't use “charts"
[11:54AM, 29/08/2015] jagmohanshan: lions don't have time tables
[11:55AM, 29/08/2015] Mudraa Sandeep Chennai: How can all FII consolidatedly act together and profit - I feel even in that only those ones who have got money power are playing the game
[11:56AM, 29/08/2015] jagmohanshan: operators must be having cartels, and there must be only a few, smaller ones falling in place and towing line
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: So then I guess they may wantedly doesn't breach few levels so that to trap everyone after entering
[11:57AM, 29/08/2015] jagmohanshan: operators don't win or lose.they scavenge.they suck.they are leaches.they are in the middle of everything
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: OK
[11:57AM, 29/08/2015] jagmohanshan: yes true
[11:58AM, 29/08/2015] Mudraa Sandeep Chennai: So their idea is to not to lose the value of their investments but at least maintain it without any erosion and make meager profit by hedging if possible
[11:59AM, 29/08/2015] jagmohanshan: operators of China don't fight with those of Europe or America.and vice versa.they dance in sync, whatever.they adjust and take advantage
[11:59AM, 29/08/2015] Mudraa Sandeep Chennai: So FII all over the world operate same way then and they see consolidatedly
[12:00PM, 29/08/2015] Mudraa Sandeep Chennai: So nothing to lose for them and it's all the retail investors money at stake
[12:00PM, 29/08/2015] jagmohanshan: they needn't worry about wealth erosion.they are the deciders reaction to parameters, at time even parameters.they have got all the money at their disposal.
[12:01PM, 29/08/2015] jagmohanshan: amounts we can't even dream, let alone think
[12:02PM, 29/08/2015] jagmohanshan: yes
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: So the main idea should be understanding their logic rather than any technicals
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: Agreed js ji - it's all played he them
[12:02PM, 29/08/2015] jagmohanshan: like mafia they are interconnected interdependent.having tacit understanding
[12:03PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji other thing I noticed - they are playing the same way not just in index but also in all the stocks
[12:03PM, 29/08/2015] jagmohanshan: we can understand them as we can understand movement of planets even when they are astronomical in size
[12:04PM, 29/08/2015] Mudraa Sandeep Chennai: I am of the opinion now they know the results of the companies much before their announcement and data as proved it in few stocks
[12:04PM, 29/08/2015] jagmohanshan: yes, for them, stocks and indices are like minute and hour hands of the trading clock
[12:05PM, 29/08/2015] Mudraa Sandeep Chennai: I was no one 8-9 months before
[12:05PM, 29/08/2015] jagmohanshan: insiders always know results beforehand.obviously.outsiders always have access to insiders.insiders are humans
[12:06PM, 29/08/2015] Mudraa Sandeep Chennai: After reading your blogs and joining this and reading your messages. I am happy to get into trading and get decent understanding and somehow fell that I am able to get their logic - big hatsoff to you
[12:07PM, 29/08/2015] jagmohanshan: keep learning.be a non sheep
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yesterday I was able to see in few stocks these people had first hand information on results previous day and change the price during the results day
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yeah every day is a learning process and I love that
[12:09PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.habits of operators will work even at minuscule level
[12:09PM, 29/08/2015] Mudraa Guru Mysore: Inherent stop loss is the best thing in options..
[12:09PM, 29/08/2015] jagmohanshan: 1000%
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: I am just having sleepless nights everyday just thinking what sort of analysis to be done
[12:10PM, 29/08/2015] jagmohanshan: amateurs should only trade in naked calls or puts
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: Please share your learnings on accumulation and distribution
[12:10PM, 29/08/2015] jagmohanshan: sleepless nights clarify the clutter best after a level
[12:11PM, 29/08/2015] jagmohanshan: still learning
[12:11PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmm agreed js ji
[12:11PM, 29/08/2015] jagmohanshan: recently shifted my focus on this
[12:12PM, 29/08/2015] jagmohanshan: enter and exit in steps is the simplified version of accumulation and distribution
[12:13PM, 29/08/2015] jagmohanshan: when and whether operators could or couldn't accumulate or distribute are the biggest hints of the truth behind the market moves
[12:13PM, 29/08/2015] Mudraa Sandeep Chennai: Don't you think heding in steps won't be possible
[12:15PM, 29/08/2015] jagmohanshan: there is big big big money in trading.but comes only when you “crack the code"
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Hedging is not the best option - ignore it seem stupid question
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Yes sir ji
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji were u able to see any equation between stocks and index of Fii investments?
[12:16PM, 29/08/2015] jagmohanshan: and when that happens, it is not only rains but cloud burst.....of money
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmm
[12:17PM, 29/08/2015] Mudraa Sandeep Chennai: I am witnessing that from past few days obviously in my scale as such
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: I felt they play the same way across all - whether nifty / bank nifty / stocks
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: Rather their logic is simple and it is uniform
[12:20PM, 29/08/2015] Mudraa Sandeep Chennai: I am just trying to get as many as inputs from you as possible - so I can further work on the inputs which you give
[12:21PM, 29/08/2015] jagmohanshan: stocks are levers issues operators control indices.rather, stocks (sectoral, macro economical) dynamics tell operators where to see indices heading.it won't be wrong to say that operators control sectors and not indices.the remaining world looks at indices only. for operators indices are only additional stocks
[12:22PM, 29/08/2015] jagmohanshan: operators are just accumulators distributors and commission agents (read premium eating facilitators)
[12:23PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmmm that's the logic for their operations
[12:23PM, 29/08/2015] jagmohanshan: imo
[12:23PM, 29/08/2015] jagmohanshan: built over all these years, seeing all that I did
[12:24PM, 29/08/2015] Mudraa Sandeep Chennai: Wow
[12:24PM, 29/08/2015] jagmohanshan: I repeat
[12:25PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.
[12:25PM, 29/08/2015] jagmohanshan: for that you need to trade small and gradually build up
[12:25PM, 29/08/2015] Mudraa Sandeep Chennai: Hmm that's important js ji - will try to work towards that.
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Sorry js ji other question - they usually build the boundary every month within which they work - am I right?
[12:26PM, 29/08/2015] jagmohanshan: even one sided (only buy) cash and carry practice of this with stocks is a great start.it Will gradually build the habit and method operators use
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Some circumstances they collapse and widen it bit more - so no one will have clue
[12:27PM, 29/08/2015] jagmohanshan: directions rather than boundaries I would say
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: That's interesting js ji - direction is the key here
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: I will back test it
[12:28PM, 29/08/2015] jagmohanshan: yes IMO
[12:28PM, 29/08/2015] jagmohanshan: any pro trend trade, even if momentary wrong will go right in the end or will not go terribly wrong atleast
Wednesday, August 26, 2015
losing the easiest gamble
welcome to trading....
but if u r still losing
the fault doesn't lie with your chances of winning.....
the trouble is...
1. lack of a method (any fixed method will do.....and I can prove it)
2. risk management.(an adverse trade shouldn't unsettle or financial position)
3. changing directions to much....mixing intraday and positional trades
too much
6. playing ass to be the jack who hits jackpot every time
man in a hurry to be a millionaire immediately to overcome all other ills and misfortunes of life
7. fear and inability to take the difficult trade (profitable trade is mostly equivalent to biting the bullet, uncomfortable, seemingly stupid, against the masses."how can the masses be wrong and me right"fallacy. sheepish approval seeking behavior.
8. expecting and demanding guarantee before entering the trade that the trade will be profitable. peer and masses consensus give the illusion of that false guarantee with obvious results.
9. hoping endlessly but not accepting the cause and effect reality.keep gambling but refusing to change the trades and process behind them.
Saturday, August 22, 2015
self talk
self talk
self talk
self talk
self talk
not a club, pub or casino
in trading, avoid adhocism as you would in a business.....
Tuesday, July 28, 2015
a simple technique for when in doubt
patience
risk of not taking the risk
: boardroom, not bedroom
: there is no pessimism in stock market.
: symptomatic relief from deep cracks by covering with plaster and narolac
: logic and trained intuition are two hands of a boxer trader.....both jabs required for attack as well as defence....
hare and the tortoise
if somebody has crores, has very less expenses, isn't bored in life and is still swearing in trading,I will not hesitate to ask him "chaahtaa kya hai bhaaiii?!"
: tortoise is symbolic....a metaphor
: not literal