Do you hate the punters?...don't !

Majority of us hate the punter.

Why?

Because we believe that the punter is responsible for our losses?

This is true as well as false.

True, because it is a punter's job to snatch and win away your money.
Anything stupid or timid you do and he runs away with your money.
Also, even when you don't make a mistake, he is like that fast bowler who will tempt you to commit the mistake.

False, because he never forces you to make a move.
He cannot.
Your move is finally in your hand.

A punter is a punter because he has the power of money dancing to the tune of his "holy dirty" tricks.
He is punter because he is an expert in laying traps.
Punter is the driver and we are the followers.

Successful puntering is anticipating the anticipation of others.

A punter keeps a hawk eye on the movement of the price...
He knows that millions of retail trader are looking at the same rsi which is pointing towards the scrip being in the oversold or overbought zone...
He knows that everyone is looking at the same support or resistance...
He can sense the mood of the people from the volumes and the price movement...
He is also aware of the noise the channels are making...
He brings in volatility when things are stable, and stability when everyone is expecting the volatility to continue.
He will make u follow him if it suits his scheme of things.
He will go against you if it suits his scheme of things.

It is not a punters job to respect the fundamentals. Rather, he wants a mob which respects the fundamentals.
This gives him more fertile ground to trap you again and again and make money.

He will start a trend and make the maximum number of people follow him.
He will fuel the trend beyond the sane limits
He will bring in volatility on the way to maximise his gains
He will turn the tide when least number of people are expecting it
He will do the thing that will make maximum number of people look foolish and trapped


So, what do we do?

1) Go with the trend, Go with the Punter
a punter always respects the trend;
rather, the trend is as per his scheme of things;
only thing, beware of the volatility he may bring, the extremes he may drive the price to and the surprise reversal he may throw in at the most uncomfortable time)

2) Beware of the obvious and expect the unexpected!
(surprise is a punter's no.1 tool)

You don't make a lot of money by anticipating the market.

You don't make a lot of money by anticipating the anticipation of the mob.

You make a lot of money by anticipating the anticipation of the anticipator of anticipations!

Make punter your friend rather than hating him!

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Warren Buffet

"Successful investors will never follow herds and go against tide"

Annonymous

"The stock market will always do whatever makes the greatest number of people look foolish."

Annonymous

"Bulls and bears may make money, but hogs just get slaughtered!"

George Soros

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected."

Annonymous

"Market has the uncanny ability of doing the exact opposite of what the majority of investors expect of it."

Menschel

The more certain the crowd is, the surer it is to be wrong.

Annonymous

The obvious is obviously wrong