Friday, October 2, 2015

self talk

[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

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