Thursday, January 8, 2015

none of your fault, buddy !!!

there are 2 types of market moves....

1. where operators are cooking something
2. where operators serve (forcefeed) you what they have secretly cooked (with ur mind hypnotised)

i call first, the forehand of trading table tennis
and the latter, its back hand

in my opinion, the forehand is difficult, if not impossible, to predict. though u can roughly and intelligently anticipate or expect.

it is the back hand that you can spot and play with much more accuracy.

so, only 50% of the opportunities are encashable practically speaking...though the good news is that even that much is wildly huge and hence, more than enough!!!

the trouble arises when a normal trader looks at all market moves with the same eye....

he/she is unable to spot the difference between the forehand or back hand.

while the forehand moves are highly unpredictable (because they depend totally on the game operators decide to play....if, when, as....), the back hand is predictable to a high degree.

forehand moves violate technicals (and even fundamentals)....they are mostly tactical in nature to confuse,trap, manipulate et al....they are the Krishnamachari Srikkanths of trading

on the other hand, the back hand moves obey technicals in almost copybook fashion.....they are the Gavaskars of trading....

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today's (8th Jan nifty) forenoon rise is a typical forehand as was the  fall of 6th forenoon.

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so, next time, you don't know the head and tail of any move and just feel like kicking yourself.....don't........just recall that that that was a forehand smash by the operators.....none of your fault,buddy!!!....

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