Weekend group discussion

Murli Chainani: Dear JS, You trade in nifty only or in stocks also?

Js: Only nifty Murliji

Js: Some reasons for this....

: 1.stocks don't obey technicals as much as indices do.....not difficult to understand why...because indices are average of the stocks and hence vibrate less

: 2.high liquidity

: 3.you don't have to study fundamentals of so many stocks....just macro

: 4. Premium is not bloated like that of stocks

: 5.stocks can crash like sky fall (Satyam etc), much more than index

: my technicals fail on stocks.....accuracy drops dramatically....

: earlier i used to blame my skills....but when same method worked beautifully in nifty, i got suspicious and checked deep.....only to discover that stocks are like single cylinder enfield bullet engine that vibrates a lot while nifty is an 8 cylinder coupe engine with all vibrations smoothened....

Rajan: Beautifully explained

Js: nifty can't sleep for more than a few hours....stocks can remain sleeping for years

JP: Just joined....interesting discussiona

Js: that is, perhaps, the reason why they say trade the stock which has started moving....otherwise leave it till then

: good stocks are seeds which should be acquired and planted in one's backyard before they start shooting into trees.....or, in other words, before they start growing even bigger....much bigger

JP: Great stuff..

Js: so, stocks are great for investing.....

: but for trading, only those stocks should be touched which have said good morning....

JP: Veer ji. I wish to be your student...

Murli Chainani: Nurturing explanation

Js: everyone is a teacher of something....everyone is a student of something😀

JP: Amazing..

Js: for day trading in stocks, algo trading is the only sensible profitable repeatable way....

JP: But every one can't access algo..

Js: true....

JP: For non tech savvy ...what is the way out..

Js: if u r determined enough, u can still do it....but won't be a match for equally determined rajans

: for non-tech savvy traders like me, sticking to one day trading tactic and sticking to one or two stocks or just nifty or bank nifty is enough

JP: Yes... Its easier that way

Js: one of the unbeatable advantage of algo trading is that it can throw up a just-awakened stock out of a lot of hundreds and thousands of stocks.....

: since manually u can't match that, it is better to stick to ur favourite naughty stocks

: which almost never sleep...

: it is like asking someone to reproduce a thousand replicas of a handcrafted gun......

JP: 👌

Js: a handcrafted trade will be a masterpiece even before the algo assembly line

: and a millionaire like u jp can always hire a techie to inject ur trading secrets into an empty algo

: i, for that reason, am a craftsman....only nifty, only one trade at a time....unlike the henry "rajan" ford assembly line

: but one day, i'm afraid, we artists will be extinct making way for the rajan robots....who will rule the world.....

: we will be cleaning them after every trading session and earning our livelihoods....

: one day, trading will change beyond imagination......

: we will miss the trading we don now....

Loganathanmoorthy: Very appreciable

Js: like those pit traders of the last century who have tears in their eyes recalling their pasts

Loganathanmoorthy: Trading never dies

Js: enjoy ur every trade....enjoy your every day in the terminal pit....enjoy your every win....celebrate ur every loss....

Loganathanmoorthy: May i know how to get algo p

Js: there are many skeletons available in the market.....buy one and program it with ur method....or get someone do it......

: if u google, u will come across them....i forgot the one rajanji is using....

Loganathanmoorthy: Are you using rajanji algo

Js: i am old fashioned illiterate craftsman trader using free google charts and half empty head...i don't have access to any algo.....it is like urdu to me...rajanji ke paas jaata hoon to chai biscuit ke baad vaapis bhej dete hain...

Arun Singla: 😄😄😄😄😄😄

Js: but someday i will hire a about-to-be-dead software programmer to code my method just before dying without making copies of that program

Arun Singla: 😄😄😄

Loganathanmoorthy: Good, very nice

Js: i still belong to the school of thought that believes that human mind can beat computers in mischief and counter mischieves be it trading or anything.....

Arun Singla: Tajmahal banwa ke haath katwa diye shehan shaah ne...aap bhi aisa hi sochte ho kya 😄😄

Js: yes....fortunately...

: not because i am that greedy or selfish....but because

: the day i openly reveal my method (as if that is a khajaanaa...anyhow) if it is of any worth it will become ineffective as the operators will change the setup...

: operators are like smart bacterium which quickly adapt to the over used antibiotic and change into a newer strain

: a close whatsapp group is harmless

: incubator of ideas...

: my friends as my  guinea pigs😜

Js: just joking.....i know my buddies have a terrific sense of humour

Arun Singla: I m not agree with ur algos suggestion....

Reason:
If trading can be done so easily by modifying algos, all technical experts or programmers from IIT would be millionaire..

It requires patience, discipline, money management and skills to make money..

Algos dont have such qualities, only it can calculate on pre fitted assumptioms we fixed their...🙇

Js: successful trading requires a child's mind....

: a child is a great gamer....

: successful trading is nothing but great gaming.....

: i always say that as long as we are trading we will keep getting beaten....

: don't trade it....play it...like a game....

Rupinder S Raina: Indeed

Js: we are playing on technical or fundamental level and getting beaten up on tactical level....

: a child can beat us all hand down...

: u and me stand no chance....

: the only thing is that that child doesn't know the jargon and is still a child....but given a chance children and make us run for covers in trading.....

: till of course, they continue playing the trades and don't start trading....

: this is the reason why engineers and physicians and ph.d.'s and ias and iit'ians and scientists etc are all losing miserably till operators make them forget who they are....

: i think a chess or kho-kho player or any sportsman can be a great trader...

: any thief or scamster can be a great trader...

: we have had many in history....i don't want to name them

Loganathanmoorthy: Great......

Js: do u think that it is a coincidence that all the top business dons are actually not ph.d. or iit'ians or doctors!!!

: operators play.....u can survive and thrive only by playing....simple

Arun Singla: No they hire for themselves people around all the corners.

Js: they decide the program....they get techie goondas to code the algo and run it

Arun Singla: 😄😄..not techie goondas...the top 10 programmers around the world at their mouth fill salaries..

Js: i recently read "freakonomics" by steven d.levitt wherein he has elaborated how the top dons exploit the poor down-the-ladder poorly paid bonded-labour-goondas

: not that techie techie.....only software is not tech...how to run a mafia operation is also tech

: i was talking of those techies....

: though u qualify for both buddie....

: i know u have great sense of humour too...

The importance of maintaining trading record

: there are many benefits of maintaining a trading record....of all your trades.....

: e.g. in judging your track record, getting insights into what is working and what is not....

: ....u r losing in which setups and winning in which ones....

: .....what is ur average trading size.....what is ur average losing size....

: .....and many more benefits....besides for income tax prupose.....

: let me share my insights from my trading record that i maintain....

: 1. my success ratio is 72.7 %

: 2. my average winsize is 65points

: 3. i profit 88% of the times when i trade pro-trend

: 4. i have lost 65% of the times i have taken anti-trend position......also, the average winning size is much lesser

: 5. out of all my losses pro-trend, 75% are at the turning points.....i.e. when the market was about to turn, the trend was about to change.....this insight from the data led me to look for answers which i think i have found....

: 6. my success ratio with futures is 88% against 50% with options....this was a real shocker as earlier i always used to prefer options thinking they were safer.....

: ....there are many such insights i got from my trading data that i got......

: had i not maintained my trade record, i would have had no data to analyse. i wouldn't have had any base to check whether my trading was actually improving....i wouldn't have known what was working and what was not.....

: maintaining ur trade record always helps you know the reality....where u stand....

: besides helping maintain a clean record for taxation.....

.....another insight is that my average holding time is 3.5days

.....i take an average of 10.5 trades per series

....my average loss size 32.5 points

....i loose the heaviest when i have highest lot size anti-trend!!! this was heights of stupidity.....i came to know about this only from trade record and stopped the hell doing it

the more i search, the more interesting things data tells me

whenever i am down.....i look at the entries of my biggest wins....

whenever i am on cloud 9 (like today) i check the entries with my biggest losses.

trading starts revealing secrets to the student who offers his or her life to it on a platter....self talk

================

“Measurement is the first step that leads to control and eventually to improvement. If you can’t measure something, you can’t understand it. If you can’t understand it, you can’t control it. If you can’t control it, you can’t improve it.”
― H. James Harrington

The butcher house

: Stock market is a butcher house in the garb of casino under the license of trading.....self talk 

: For profitable trades, traders don't have to or need to do anything.....Operators do what all is to be done....traders just have to choose the direction, trust the method and hold tight....self talk

: operators are nice people.....they never hurt anybody's sentiments.......they never make any budding trader feel outrightly that trading may not be his or her cup of tea......they bleed them like leeches...till they understand.....self talk

: stock trading is not a nice thing from both sides......only from the winner's side....and winners are generally by rotation......

: there are two types of traders.....amateurs and professionals. the day all amateurs are gone, there will still be two types of traders....amateur professionals and professional professionals.......till u approach trading with professional approach, u stand little chance.....self talk

: there may be a simple way of trading but there is no easy way....avoiding the basics of trading is only to prolong the already bleak chances of success.......because any budding trader has only limited mental strength and peace of mind to spend, let alone money to lose......

: a software is the surest way to commit trading suicide if the algorithm is wrong.....and to get the right algo u have to know the game itself......off-the-shelf algorithms are poison

: a trading software is not an alternative to learning trading.....it is complementary to trading.....

: a good software can multiply ur trading success, a bad one can divide it....

: i have seen most of the traders trade just because they don't have access to any other form of "kick"

: trading is a wonderful entertainment provided u just quit when the ticket money is vasool......don't sell yourself

: bring yourself back.....

: trading is the most difficult and least paying business in the world if you don't know how to.....and the most easy and highest paying business in the world if do learn..... 3:52PM, 28/02/2015] Jagmohan Singh: For profitable trades, traders don't have to or need to do anything.....Operators do what all is to be done....traders just have to choose the direction, trust the method and hold tight....self talk

: operators are nice people.....they never hurt anybody's sentiments.......they never make any budding trader feel outrightly that trading may not be his or her cup of tea......they bleed them like leeches...till they understand.....self talk

: stock trading is not a nice thing from both sides......only from the winner's side....and winners are generally by rotation......

: there are two types of traders.....amateurs and professionals. the day all amateurs are gone, there will still be two types of traders....amateur professionals and professional professionals.......till u approach trading with professional approach, u stand little chance.....self talk

: there may be a simple way of trading but there is no easy way....avoiding the basics of trading is only to prolong the already bleak chances of success.......because any budding trader has only limited mental strength and peace of mind to spend, let alone money to lose......

: a software is the surest way to commit trading suicide if the algorithm is wrong.....and to get the right algo u have to know the game itself......off-the-shelf algorithms are poison

: a trading software is not an alternative to learning trading.....it is complementary to trading.....

: a good software can multiply ur trading success, a bad one can divide it....

: i have seen most of the traders trade just because they don't have access to any other form of "kick"

: trading is a wonderful entertainment provided u just quit when the ticket money is vasool......don't sell yourself

: bring yourself back.....

: trading is the most difficult and least paying business in the world if you don't know how to.....and the most easy and highest paying business in the world if do learn.....

Best gambling in the world

: Never trade like the Pandavas.....self talk

: Never behave like the kauravas....self talk

: If operators were bearish, they would have liked to accumulate shorts/distribute stocks at higher levels.......they aren't doing that....self talk

: at times, even when traders win 50% trades, they still lose v heavily in monitory terms. reason? = they cut profit too early, and cut loss too late

: 50% chance of winning always there......traders still lose more than 50% (even 90% or more) because they vibrate a lot......self talk

: it might seem paradoxical when u hear stories that a trader who had heard the above lines tried to cut profit late ended up losing all of un-booked profit, and another trader, who didn't cut loss early despite knowing the above wisdom, ended up recovering all un-booked loss!!!

: what the above maxim/trading wisdom actually means is that

: also, booking profit is different from skimming profit.....or taking some profit (money) off the table......for example.....if cmp=8845, and u r holding 8500ce (with 350+ points), no harm in booking it and replacing it with 8700ce (worth 145+ approx).....this way u have smartly taken 200 points (and equivalent money, therefore) off the table so that u don't lose those 200 points in case the sky falls unforeseen......and all this, while having no effect on the earning capacity of ur position as u r in-the-money.....(this is just an example)

: 1) we find out the trend, 2) take the trade, 3)and let the profit or loss run TILL STOP LOSS decided by some logic, and not decided by fear or greed....if the method says hang book the profit, then for heavens sake....book.....same is true for the reverse scenario......

Trade Positioning for the Budget battle

: Call buyers out number put buyers 24:16, 3:2 as of now.....expecting high volatility because of this...trading till budget is not going to be easy for those with hesitation

: Operators with lot of dilemma how to take market up with lesser mass beneficiaries.....this can mean 4 things.....1.jolt market down, 2.gradually inch market up, 3.hold market till budget and shoot up huge.....

1.jolt market down one time before budget,I mean

2.gradually inch market up to start making call buyers fearful of fall and thus book

3.not letting market go up till budget.range bound till expiry and then shoot up

: Expectations from budget matter as of now......reality will matter after the budget

: Technicals will take back seat till budget.....only tactics will be at play.Will be foggy to take hints from technicals till budget.sticking to a strategy will have better chances.

: Rsi pattern badly tangled yesterday.....

: In these times, technicals are bull dozed.....are of little help.....

: Every strategy will get one chance to book profit.....and 2 chances of booking loss.....

: Trading less and with zero doubt not bad

: 200 point nifty up down loss manageable.....what if circuit scenario plays out?

: After budget I mean

: Can't miss such opportunity....

4.There is a fourth possible way as well.....shoot market up before budget, hold it and crash afterwards....

: Surprisingly, as a hint, option premiums not high on either side with still 1 week to expiry....this generally happens when big move expected.....

: Will like to go long now with half of allocated capital, keeping half for buying at any downward tactical jolt.....

: Final decision after opening

army of beggars

: There may be many supports but which support breach indicates change of trend is always independent of level....otherwise newer channels will never be formed....self talk

: Method can be a good non fixed stop loss.....self talk

: everytime u and method live thru such hell and come out alive, respect and trust for each others increases......

: On closer look at eod charts and other parameters, there are hints that markets may not be on a tearing hurry to go higher than cmp. Any weakness tomorrow morning will be a serious hint. Despite 100 points shoot up in the end,I see bearish clouds at a distance......self talk.....

: Final trigger method will decide.....but no harm in doing home work

: Bank nifty horribly placed...

: Today's intraday decline has not shattered charts, but cracks are clearly visible.....

: Illogical and beyond normal comprehension to go short days before budget.....but can't be disobedient to method.....Method has not indicated start of down trend neither has it indicated end of up trend.....but it has given some classic hints of a turn of trend.....this morning's slip has strengthened that hint....these are one of those times when method allows discretionary trade.....such risky trades may or may not be taken till clear signals emerge.....I did the former.....won't hesitate to reconsider if different signals emerge....self talk

: i try to put my hunch feeling (after seeing the charts and doing my homework) in a language which my subconscious decides.....i let myself frankly say what my mind is feeling....i try to make sure that i have converted the technical analyses into a words picture.....yesterday evening's blunt statement (as mentioned by u above) was such a straight-in-the-face-though-myself-perplexed utterance......i make sure i don't think too much after i have done my homework, lest i should dilute and cook the reality unwittingly and inadvertently.....

: and same is true about what i have murmurred at 12:34pm above......i have let my subconscious cough out its feeling without getting influenced by the conscious "always-trying-to-be-smart-and-right" self.....

: honest frank and first-in-the-mind thoughts are generally high on truth....

: Js Ji am impressed by the depth of your writing. You can look at your own thoughts

: Looking at own thoughts starts the process of discernment

: only brutally ruthlessly honest and blunt traders have some chance in this trade.......smart liars evaders are doomed......self talk

: Cracks are visible are the words keep me alerted as I had boarded long train very late @ 8860 fut..

: I will be jittery above 8900 spot and comfortable under it....

: Either they are quick fixing the gaps or widening them now.....they are silently executing their plan.....under the frozen ice.....expecting fireworks by weekend....

: Whenever operators bluff or don't let the market move.....I am convinced that they are their.....self talk

: Either they are quick fixing the cracks or widening them now.....they are silently executing their plan.....under the frozen ice.....expecting fireworks by weekend....

: Some thoughts are dummy and others are illusory

: Reality lies beyond thoughts

: Thoughts are real, words are liars....

: Understanding and acknowledging thoughts is gigantic challenge to the ego....

: True thoughts turn into wordy lies by the time they travel from lobes to lips....

: Never saw that way. Good. It gives me new perspective

: A well practiced trader's mind knows what may happen.....the noises swallow that little voice....

: There is an army of beggars standing with 8900ce and 9000ce katoraas in their hands.....operators can see them and might not like the scene......self talk

: Pardon the language....just that slang communicates better.....nothing personal.....we are an adult group with terrific sense of humor,I'm sure

: over-bulging cluster of option buyers look like beggars to the hawkish operators.....they are the creations of operator honeytraps......and part of their designs

: Nothing bad in it sir many time we call begers to ourselves also

: operators are modern day version of "East India Company"........"angels" more than welcome by modern economies.....self talk

: whenever the market is moving in a very tight range, it is not because of retail traders....never.....they don't have the muscle to restrain the elephants within a tight boundary......it's the operators, the deep pockets, the strong hands......who are either accumulating or distributing......accumulating before they go up or down.....or distributing (the only way they can book profit)......in current scenario, it looks like accumulation.....self talk

: enjoy the trades but never use them for entertainment.....they are serious business involving serious money......self talk

die hard

: Trader should have sufficient compelling reason to come out of trade once trend is confirmed......self talk

: A trader must think slow....the pace the markets take to reveal their true intentions.....thinking too much or too fast rarely has the nod of the market.....self talk

: Markets bluff fast and turn slow....self talk

: In trading, what can happen is a promise...but is happening is a promise fulfilled.....self talk

: Life and nifty aren't straight roads....self talk

: Not being long few days before budget is an un pardonable crime....self talk

: That too when there are no down trend signals....

: Deserve non bailable warrant...

: It is difficult to board a trading aeroplane once it has taken off unless one is a James Bond.....self talk

: ....games operators play to cause panic,confusion,doubt,difference of opinion.....

: one can be an accurate day trader if one knew these moves for sure beforehand....

: as i said in the morning, the decisive move of today or tomorrow will set the big trend move till budget

: and operators will try every trick in the bag to shoo away people out of the baraat....

: trend generally doesn;t change in teh last week

: u, my dear method, lose or win, if i stick to you......

: expecting hit and run......sharp moves!!!???

: thank u "method" for keeping me sane....

: and i lose, if i don't.....even if i profit

: will take call at 3pm......it has to remain suppressed till 3 to disturb pattern and indicate end of up trend......will not hesitate to bite the bullet......but right now no signal of end of up-trend......we are at cusp

: because that profit won't be repeatable.....

: die hard

========

(finally, market bounced back 100 points+)

Interview of a self made ace day trader

[3:59PM, 19/02/2015] R: intraday trading is different animal.It requires different skill sets and guerrilla ware fare approach. some stocks which look innocent if you see daily chart have done a lot in intraday. few examples are ntps , icicibank ibrealest, hdfcbank, jp associates etc
[4:05PM, 19/02/2015] J: V true.....
[4:06PM, 19/02/2015] J: Intraday traders need different skill set and mind set and money set than swing traders
[4:08PM, 19/02/2015] J: One should specialize in one art.....
[4:11PM, 19/02/2015] J: You said it rightly.....innocent in the end, mischievous all day...
[4:11PM, 19/02/2015] J: So these were great buying opportunities in the pits....
[4:12PM, 19/02/2015] J: Intraday
[4:15PM, 19/02/2015] R: yes but i play along the trend( intraday
[4:17PM, 19/02/2015] J: if u could elaborate a bit, will help us all....
[4:17PM, 19/02/2015] J: u r closest to a pro day trader i have seen.....seriously
[4:17PM, 19/02/2015] R: as you know i play levels
[4:18PM, 19/02/2015] J: in nifty or stocks?
[4:18PM, 19/02/2015] R: which are clearly marked on chart
[4:18PM, 19/02/2015] J: hmm
[4:19PM, 19/02/2015] J: so u enter in one shot at signals and exit part by part at levels
[4:19PM, 19/02/2015] R: once my sell/buy level is taken out it will 85 % go to target tart 1
[4:19PM, 19/02/2015] R: target1
[4:19PM, 19/02/2015] R: yes
[4:19PM, 19/02/2015] R: where i try to book 50 %
[4:19PM, 19/02/2015] J: and ur entry signals are as per the software programming u have tweaked/set
[4:20PM, 19/02/2015] R: if the strength of trend is very strong i do not book
[4:20PM, 19/02/2015] R: eg jindal steel today
[4:20PM, 19/02/2015] R: i have made my own system
[4:20PM, 19/02/2015] R: yes
[4:20PM, 19/02/2015] J: hmmm
[4:20PM, 19/02/2015] J: ur strength therefore lies in the merit of ur trading software set by u....
[4:21PM, 19/02/2015] J: which indicators u use?
[4:21PM, 19/02/2015] J: the heart/brain of ur set-up
[4:21PM, 19/02/2015] R: software only does what i want from it'
[4:21PM, 19/02/2015] R: garbage in garbade out
[4:21PM, 19/02/2015] J: true true.....that's what i meant
[4:21PM, 19/02/2015] R: garbage
[4:22PM, 19/02/2015] J: that's why i said "ur setup"
[4:22PM, 19/02/2015] J: so which indicators u bank upon
[4:22PM, 19/02/2015] J: i will not ask for specific settings or signals....just indicator namess.....curious
[4:23PM, 19/02/2015] R: Market profile( volume based) , Range ( atr 10 days), TSI( true strength indicator)
[4:23PM, 19/02/2015] J: marvellous....
[4:24PM, 19/02/2015] J: so the program u have developed pops out volume based candidates for buying or shorting and filtered further with atr and tsi.....brilliant
[4:24PM, 19/02/2015] J: and u must have shortlisted these parameters with experience....hmmmm
[4:25PM, 19/02/2015] R: see volume determines the level for a particular stcok
[4:25PM, 19/02/2015] R: stock
[4:25PM, 19/02/2015] R: nothing to do with high or low vol
[4:25PM, 19/02/2015] R: we should know where the max trades have taken place
[4:28PM, 19/02/2015] R: http://www.trading-naked.com/MarketProfileILLUSTRATIONS.htm
[4:29PM, 19/02/2015] J: very interesting concept.....
[4:29PM, 19/02/2015] J: hmmm
[4:31PM, 19/02/2015] J: i personally feel that a good trading method has 2 or 3 leading indicators or factors.....like u have volumes+atr+tsi, like jp has a combination of key fundamental factors etc......
[4:32PM, 19/02/2015] J: like a good king who has 2 to 3 top ministers and many adviser specialists to take views/opinion from
[4:33PM, 19/02/2015] J: like modi has amit, jetley and rajnath.......in the inner circle and many iin the outer one
[4:33PM, 19/02/2015] R: MP tells me which way to trade, i.e long or short , TSI tell me whther to take the trade or not and range tells me where to book
[4:34PM, 19/02/2015] J: i have rsi-william combination+options+patterns
[4:34PM, 19/02/2015] J: mind-blowingly simple.....kudos rajanji
[4:35PM, 19/02/2015] J: this is a brilliant example for everyone......
[4:35PM, 19/02/2015] J: this is what i call a system....this is what i have been advocating since months and years to everyone....
[4:36PM, 19/02/2015] J: no surprise that u r that settled and comfortable and clear in ur trades.......
[4:36PM, 19/02/2015] R: i also tell every one to learn
[4:36PM, 19/02/2015] J: trading success is logic......not accidental but incidental.....not by chance, by choice
[4:37PM, 19/02/2015] J: learning just 2-3-4 or 5 set of complementary but totally independent indicators or parameters is enough to be a pro-trader....
[4:37PM, 19/02/2015] R: learning is far simpler than it is made out to be
[4:37PM, 19/02/2015] J: i wish everyone would believe that.....i do
[4:38PM, 19/02/2015] R: these things may sound complex to a newbie but are very simple
[4:38PM, 19/02/2015] R: more over we have all site which allow you to tweak you indicators
[4:38PM, 19/02/2015] R: and experiment with them
[4:39PM, 19/02/2015] J: the very fact these are coming from u should be enough of proof about the authenticity of this claim....
[4:39PM, 19/02/2015] J: yes experimenting to fine tune and experience is the next step after learning the basics....before one is ready to take the plunge.....
[4:40PM, 19/02/2015] J: will convert this conversation into 1046th article in my blog....for the benefit of everyone.....

Self talk

[3:18PM, 18/02/2015] : it is dangerous to carry sense of loss or profit in trading........must travel light....self talk
[3:18PM, 18/02/2015] : if u can enjoy life without trading profit.....u will profit much more!!!
[3:28PM, 18/02/2015] : europe is dark green.....no reason to fear red
[3:28PM, 18/02/2015] : With method willing to go with nifty anywhere even if hell........ without one nowhere......even if heaven......Self talk
[3:28PM, 18/02/2015] : hone ko to kuchh bhi ho sakta hai.....can't trade like a scared street dog.....must hunt like a lion....self talk
[3:28PM, 18/02/2015] : on remaining lots i am making 240+ points as of now.....overnight negative hone se to raha......
[3:28PM, 18/02/2015] : Self talk....10takaa loss ke dar se 100takaa profit mat ganvaa dena...
[3:28PM, 18/02/2015] : trading is all about anti-smart chance taking.....self talk
[3:28PM, 18/02/2015] : getting on a trend wave at the beginning gives a lot of holding leverage in the later part of the trend.....self talk
[3:28PM, 18/02/2015] : dumb,sucker,poker minded traders are best suited to the supercomputer-operator trading.....self talk
[3:34PM, 18/02/2015] : as mathurji said, if rajan was to announce rate cut (though a speculation) and if i were to still book while there was no signal of end of up trend.........how will i face the mirror tomorrow morning?......self talk
[3:34PM, 18/02/2015] : or, as per a phrase in punjabi.....kidii maan nuun maassi aakhungaa
[3:34PM, 18/02/2015] : (pardon the language) but slang communicates perfect

self talk

[9:16AM, 14/02/2015] : Every trading moment finally percolates down to the questions.....enter now? Which direction? How much?
[9:31AM, 14/02/2015] : And a back up plan....plan B
[9:33AM, 14/02/2015] : The entire reason behind why you are entering that trade and that direction with that volume should be clear in your head......that will be the guiding light on the way out as well....
[10:35AM, 14/02/2015] "R": Practice practice practice till you succeed
[10:49AM, 14/02/2015] : Yes.....and make sure you survive that practice.....don't bite the trade size your reality can't chew....

Self talk

[8:01PM, 12/02/2015] Mudraa Sanket Talathi Netherlands: [12/02 05:52] Rajan Kambhoj: Below this level we can go to 8605 and 8592
[12/02 05:52] Rajan Kambhoj: Longs will be in trouble below 8592...
Today's success trade's credit goes to Rajan ji... As per above msg I bought nifty fut at almost day's low.. To be precisely @ 8630.. N sold @ almost day high 8750... Thanks a lot Rajan ji for the rocking levels n JS ji from trend of Nifty🙏🙏🙏
[8:13PM, 12/02/2015] Jagmohan Singh: 👍 great idea.....if you know the trend you can take high yielding trading risks with ease.....
[8:15PM, 12/02/2015] Mudraa Sanket Talathi Netherlands: Yes... With minimum risks gained Max... Actually I was busy in work and so put 8750 sell.order thinking that it wud not hit and I will carry longs but it triggered sell order n encash the profit...
[8:18PM, 12/02/2015] Jagmohan Singh: 👍 great idea.....if you know the trend you can take high yielding trading risks with ease at a level....a very practical strategy
[8:20PM, 12/02/2015] Jagmohan Singh: Eg, if trend is confirmed up,cmp 8800 and support levels@8770 and 8745, not buying at 8745 or around is un pardonable
[8:21PM, 12/02/2015] Jagmohan Singh: Simple bomb short term / day trading strategy
[8:22PM, 12/02/2015] Jagmohan Singh: Unpardonable and cowardice
[8:23PM, 12/02/2015] Jagmohan Singh: From tomorrow, will consider good morning only when Rajanji tells levels😵
[8:24PM, 12/02/2015] Jagmohan Singh: I tell you the trend,u tell me the levels....deal
[8:24PM, 12/02/2015] Mudraa jeneel shah surendranagar gujarat: And we all trade😉😉
[8:25PM, 12/02/2015] Jagmohan Singh: Yes yes yes
[8:26PM, 12/02/2015] Mudraa Sanket Talathi Netherlands: 👍👍..
[8:30PM, 12/02/2015] Jagmohan Singh: You always learn something critical from someone....everyone....sometimes.....being together has power....
[8:31PM, 12/02/2015] Jagmohan Singh: Travelers with common destiny do meet....

Self talk

[8:01PM, 12/02/2015] Mudraa Sanket Talathi Netherlands: [12/02 05:52] Rajan Kambhoj: Below this level we can go to 8605 and 8592
[12/02 05:52] Rajan Kambhoj: Longs will be in trouble below 8592...
Today's success trade's credit goes to Rajan ji... As per above msg I bought nifty fut at almost day's low.. To be precisely @ 8630.. N sold @ almost day high 8750... Thanks a lot Rajan ji for the rocking levels n JS ji from trend of Nifty🙏🙏🙏
[8:13PM, 12/02/2015] Jagmohan Singh: 👍 great idea.....if you know the trend you can take high yielding trading risks with ease.....
[8:15PM, 12/02/2015] Mudraa Sanket Talathi Netherlands: Yes... With minimum risks gained Max... Actually I was busy in work and so put 8750 sell.order thinking that it wud not hit and I will carry longs but it triggered sell order n encash the profit...
[8:18PM, 12/02/2015] Jagmohan Singh: 👍 great idea.....if you know the trend you can take high yielding trading risks with ease at a level....a very practical strategy
[8:20PM, 12/02/2015] Jagmohan Singh: Eg, if trend is confirmed up,cmp 8800 and support levels@8770 and 8745, not buying at 8745 or around is un pardonable
[8:21PM, 12/02/2015] Jagmohan Singh: Simple bomb short term / day trading strategy
[8:22PM, 12/02/2015] Jagmohan Singh: Unpardonable and cowardice
[8:23PM, 12/02/2015] Jagmohan Singh: From tomorrow, will consider good morning only when Rajanji tells levels😵
[8:24PM, 12/02/2015] Jagmohan Singh: I tell you the trend,u tell me the levels....deal
[8:24PM, 12/02/2015] Mudraa jeneel shah surendranagar gujarat: And we all trade😉😉
[8:25PM, 12/02/2015] Jagmohan Singh: Yes yes yes
[8:26PM, 12/02/2015] Mudraa Sanket Talathi Netherlands: 👍👍..
[8:30PM, 12/02/2015] Jagmohan Singh: You always learn something critical from someone....everyone....sometimes.....being together has power....
[8:31PM, 12/02/2015] Jagmohan Singh: Travelers with common destiny do meet....

Self talk

[12:39PM, 12/02/2015] : ....upside courtesy budget is inevitable, but the operators don't want every Tom,dick and Harry to join the baaraat....they are expected to hit below the belt and play dirty in coming days......self talk
[12:39PM, 12/02/2015] : Except for back to back trend reversal signal, nothing else is of concern to me now....self talk
[12:39PM, 12/02/2015] : Only selected vip's are invited 😉
[12:39PM, 12/02/2015] : With method willing to go with nifty anywhere even if hell........ without one nowhere......even if heaven......Self talk
[12:39PM, 12/02/2015] : In the baaraat😉
[12:39PM, 12/02/2015] : Those who can't withstand the gun fires will be scared away.....
[12:39PM, 12/02/2015] : Baaraat... What a commentary... Super like...😃😃
[12:39PM, 12/02/2015] : Lighter side, in punjabi baaraat gun fire is essential. ..😉😉
[12:39PM, 12/02/2015] : Technicals know that the news is coming.....famous technical trading maxim

Self talk

[1:54PM, 06/02/2015] : Method doesn't betray us, we betray the method.....Self talk
[2:57PM, 06/02/2015] : @ JS Ji,   Even I feel so js veer ji, I was reading an articles of " BULL MARKET Behavior"  wherein, it was mentioned that, in Bull markets, leadership stocks do not fall more than 12%... it is interesting to note, stocks that Built the wall have actually corrected about 10 - 12%
[2:57PM, 06/02/2015] : So, I need to be careful about my feelings... however, I can not question your study.. please do throw more light please..
[2:57PM, 06/02/2015] : @Jp since there are quite a few theories around,I have no option but to stick to my system.....I am short but cautious....
[2:57PM, 06/02/2015] : @js ... but in general sense can one give some room to such logic's of 12 % correction etc. as read .... I am sure the writer would have made such remarks based on some data / experience etc..   ( in General sense )
[2:57PM, 06/02/2015] : @Jp, statistically that theory carries weight and should make us alert.....but can't cover shorts and go long till confirmed
[2:57PM, 06/02/2015] : @ js, good point
[2:57PM, 06/02/2015] : What matters is not the system itself, but what we do with the system -- our discipline to use it and execute it 100%.
[2:57PM, 06/02/2015] : @shankar, yes difficult to day trade today, or for those who are not having positions already.....but once the boundaries/levels are broken, there might be a trade....
[2:57PM, 06/02/2015] : Js sir today is not tradeble day what u say
[2:57PM, 06/02/2015] : Method doesn't betray us, we betray the method.....Self talk
[2:57PM, 06/02/2015] : If this is a widespread feeling, then operators might do it only......Self talk
[2:57PM, 06/02/2015] : Yes waiting eagerly for that update ...   modi ne fii dii ne halat aisi kar di hai ki short karne se dar lagta hai😂😂😂
[2:57PM, 06/02/2015] : I like yr post so much that I will go with method in hel but not in heaven without method
[2:57PM, 06/02/2015] : Self talk....10takaa loss ke dar se 100takaa profit mat ganvaa dena...
[2:57PM, 06/02/2015] : True for exit as well as entry.....
[2:57PM, 06/02/2015] : Repeat a truth 10 times and it becomes a habit.....Self talk
[2:57PM, 06/02/2015] : I just love this line.    Jab bhi yeh lines daloge I will comment
[3:05PM, 10/02/2015] : there is no dearth of chances in the market.......it is not the matter of altitude....
[3:05PM, 10/02/2015] : 2 to 3 trading chances per month are generally always there....
[3:05PM, 10/02/2015] : markets have their own G force, enough to make anyone go faint........traders are no less than fighter pilots.....
[3:05PM, 10/02/2015] : options are the ice daggers which should be brought out of the deep freezers into the heat of the market just in time.....self talk

Self talk

[7:18PM, 04/02/2015] Jagmohan Singh: Self talk.....even the best of experts in international arena are found divided on every fundamental issue....I am always amused.....nobody gets predictions right......
[7:22PM, 04/02/2015] Jagmohan Singh: Fundamentals attempt the why behind the truth plainly shown by the technicals.....Self talk.....
[7:24PM, 04/02/2015] Jagmohan Singh: Operators exploit the doubts about the fundamentals.....Self talk
[7:25PM, 04/02/2015] Jagmohan Singh: IMO trading on the basis of fundamentals is for those who have deep pockets.....
[7:27PM, 04/02/2015] Jagmohan Singh: Those who trade on the basis of technicals have holes in their pockets.....
[7:30PM, 04/02/2015] Jagmohan Singh: Have seen only poker minded traders get it right.....Self talk....many of them don't discuss talk much...
[7:31PM, 04/02/2015] Jagmohan Singh: Technicals are operators' spies......
[7:31PM, 04/02/2015] Jagmohan Singh: Can't and shouldn't be trusted blindly.....
[7:32PM, 04/02/2015] Jagmohan Singh: Fundamentals are operators' moles.....
[7:33PM, 04/02/2015] Jagmohan Singh: Operators give two hoots to either of them.....they prefer Tactics to get money from weaker hands....