Friday, October 2, 2015

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

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