Wednesday, October 26, 2016

near, yet far!!!

there are 4 phases of market:

1. near dead heartbeat volatility
= fails, suffocates and frustrates any and every method.

2. range bound (but alive)
= boring and ultimately makes either makes u impatient or doze off just before the take off time

3. trending
= those rare sunny days when u can play. alas, u blunder, courtesy hangover of above two phases or the next one.

4. giant trend
= unbelievable, without warning, ridiculous, one way sudden move which catches u unawares. u r too late, shaken and unsure when u finally enter. what i gain is peanuts in front of what u miss. when the tide is gone, u propel ur arms but there is no sea to swim by then!

a trader who can find a way to not only identify (to whatever extent possible) the above phases (or atleast devise a way to reasonably profit while incurring minimum unavoidable damages) can only hope to make some money consistently.

add to this the dilemma that of having a technical (or other) template to predict the turning points of the trend reasonably accurately, that u begin to realize the enormity of the seemingly sweet butch game called trading.

add to all this, the deliberate illogical games operators play

and the inherent uncertainties of the global events!!!

the earlier u accept the reality, the better......

quite a few of my hair have turned silver trying to crack the code and weave it into a practical compromise strategy......

how near am I !

yet how far!!!

if u see the 4 phases i mentioned above and multiply it with the uncertainty gaming factor, u realize that u r playing 5 in 1 games which are being randomly switched!!!

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