I used to get depressed everytime i heard someone say
“now i can’t make money.....market has already run up so much!”
Till i realised a great truth
“all u need to make money in trading are
1. a reliable method
2. a moving market”
--
It doesn’t matter whether the nifty is at 4500 or 6500 or 8500 or 10500
All that matters is that it should be moving!
Up or down never mind.....
If it is at 6500 it should either be moving up or down
If it is at 10500 it should be either be moving up or down
Unless ofcourse, u r options writer who makes money by eating premium with the ketchup of ur blood! (ughhh...)
Would u care and give a damn if u make money at 7700 and not at 8700 or 5700?
Frankly, whose health does it effect as to at which height the market moves? Till it is moving and u know in which direction?
I have seen traders lose money at 4600, 5600,6600,7600.....and i am sure they will be losing at 8600 also! And the beauty is they have always been complaining at all these levels that the “market has moved up so much already!”
Isn’t it amusing!
I no longer am scared of market heights!
NiftyAcrophobia conquered, i guess!!!
Right now, nifty is howering around 8100. Am i scared? Ha, ha!!!
I have drawn a horizontal line, floor zero, at 8100. Above it will be plus 100, 200 et all. Below it minus 100,200...
Keep moving the floor zero!!!
“now i can’t make money.....market has already run up so much!”
Till i realised a great truth
“all u need to make money in trading are
1. a reliable method
2. a moving market”
--
It doesn’t matter whether the nifty is at 4500 or 6500 or 8500 or 10500
All that matters is that it should be moving!
Up or down never mind.....
If it is at 6500 it should either be moving up or down
If it is at 10500 it should be either be moving up or down
Unless ofcourse, u r options writer who makes money by eating premium with the ketchup of ur blood! (ughhh...)
Would u care and give a damn if u make money at 7700 and not at 8700 or 5700?
Frankly, whose health does it effect as to at which height the market moves? Till it is moving and u know in which direction?
I have seen traders lose money at 4600, 5600,6600,7600.....and i am sure they will be losing at 8600 also! And the beauty is they have always been complaining at all these levels that the “market has moved up so much already!”
Isn’t it amusing!
I no longer am scared of market heights!
NiftyAcrophobia conquered, i guess!!!
Right now, nifty is howering around 8100. Am i scared? Ha, ha!!!
I have drawn a horizontal line, floor zero, at 8100. Above it will be plus 100, 200 et all. Below it minus 100,200...
Keep moving the floor zero!!!
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