Thursday, December 3, 2020

why sgx nifty shouldn't be taken seriously (& other thoughts)

one reason why we shouldn't take sgx too seriously. just like nifty is used to trap resident Indians, sgx is used by operators to trap retail non resident Indians or foreign traders who trade in nifty, while India is supposed to be sleeping. if Indians keep waking up restlessly to take flying arrow of sgx even at night it is serious destructive hypnotism. ultimately operators are uncles of none.

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without system, all traders are scared pigeons and innocent market fluctuations cats.
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you can't blame snakes for moving in higher highs and lower lows on trading sand.... they have to move like that... net movement of price should be seen instead of inevitable normal zig zags.... traders who don't have even that much of holding space can't stay in the ring for long.

check any graph any time line. there is good net movement despite scary zig zags

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once we realize and acknowledge that we are playing against deep monster pockets managed by super algos backed by a strategy loaded with tactics, we will trade differently. we will play the trade instead of trade the game.

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