Monday, August 31, 2015

imitate the operators this way

[11:45AM, 29/08/2015] jagmohanshan: thanks Ganesh for sharing that inspiring newsprint....👍 (regarding a japanese trader making multiple million dollars betting against the crashed markets of last week)
[11:46AM, 29/08/2015] jagmohanshan: though it was risky but probably done by a guy who knew what he was doing
[11:47AM, 29/08/2015] jagmohanshan: many may emulate him after reading this story and burn fingers without realizing the preparation and safety net behind his trade
[11:49AM, 29/08/2015] jagmohanshan: if this feat can be even approximately repeated by him often, he is a genuine genius.even if it was a ultra bold gamble of him and he decides to call it a day, still too great
[11:49AM, 29/08/2015] jagmohanshan: but certainly inspiring from few angles
[11:51AM, 29/08/2015] Sandeep Chennai: Js ji - I thought of asking you this question many times but somehow didn't.
After doing extensive research on this - I am of the opinion - does FII use charts or any other technical indicators?
I somehow feel they have predecided everything and play accordingly.
Others like us justify their games by linking it to charts or technicals.
Don't you agree?
[11:52AM, 29/08/2015] jagmohanshan: in addition to shubh labh, I want sure labh, surakshit labh, nirantar labh
[11:54AM, 29/08/2015] jagmohanshan: imo, operators don't use “charts"
[11:54AM, 29/08/2015] jagmohanshan: lions don't have time tables
[11:55AM, 29/08/2015] Chennai: How can all FII consolidatedly act together and profit - I feel even in that only those ones who have got money power are playing the game
[11:56AM, 29/08/2015] jagmohanshan: operators must be having cartels, and there must be only a few, smaller ones falling in place and towing line
[11:57AM, 29/08/2015] Sandeep Chennai: So then I guess they may wantedly doesn't breach few levels so that to trap everyone after entering
[11:57AM, 29/08/2015] jagmohanshan: operators don't win or lose.they scavenge.they suck.they are leaches.they are in the middle of everything
[11:57AM, 29/08/2015] Sandeep Chennai: OK
[11:57AM, 29/08/2015] jagmohanshan: yes true
[11:58AM, 29/08/2015] Sandeep Chennai: So their idea is to not to lose the value of their investments but at least maintain it without any erosion and make meager profit by hedging if possible
[11:59AM, 29/08/2015] jagmohanshan: operators of China don't fight with those of Europe or America.and vice versa.they dance in sync, whatever.they adjust and take advantage
[11:59AM, 29/08/2015] Sandeep Chennai: So FII all over the world operate same way then and they see consolidatedly
[12:00PM, 29/08/2015] Sandeep Chennai: So nothing to lose for them and it's all the retail investors money at stake
[12:00PM, 29/08/2015] jagmohanshan: they needn't worry about wealth erosion.they are the deciders reaction to parameters, at time even parameters.they have got all the money at their disposal.
[12:01PM, 29/08/2015] jagmohanshan: amounts we can't even dream, let alone think
[12:02PM, 29/08/2015] jagmohanshan: yes
[12:02PM, 29/08/2015] Sandeep Chennai: So the main idea should be understanding their logic rather than any technicals
[12:02PM, 29/08/2015] Sandeep Chennai: Agreed js ji - it's all played he them
[12:02PM, 29/08/2015] jagmohanshan: like mafia they are interconnected interdependent.having tacit understanding
[12:03PM, 29/08/2015] Sandeep Chennai: Js ji other thing I noticed - they are playing the same way not just in index but also in all the stocks
[12:03PM, 29/08/2015] jagmohanshan: we can understand them as we can understand movement of planets even when they are astronomical in size
[12:04PM, 29/08/2015] Sandeep Chennai: I am of the opinion now they know the results of the companies much before their announcement and data as proved it in few stocks
[12:04PM, 29/08/2015] jagmohanshan: yes, for them, stocks and indices are like minute and hour hands of the trading clock
[12:05PM, 29/08/2015] Sandeep Chennai: I was no one 8-9 months before
[12:05PM, 29/08/2015] jagmohanshan: insiders always know results beforehand.obviously.outsiders always have access to insiders.insiders are humans
[12:06PM, 29/08/2015] Sandeep Chennai: After reading your blogs and joining this and reading your messages. I am happy to get into trading and get decent understanding and somehow fell that I am able to get their logic - big hatsoff to you
[12:07PM, 29/08/2015] jagmohanshan: keep learning.be a non sheep
[12:08PM, 29/08/2015] Sandeep Chennai: Yesterday I was able to see in few stocks these people had first hand information on results previous day and change the price during the results day
[12:08PM, 29/08/2015] Sandeep Chennai: Yeah every day is a learning process and I love that
[12:09PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.habits of operators will work even at minuscule level
[12:09PM, 29/08/2015] Guru Mysore: Inherent stop loss is the best thing in options..
[12:09PM, 29/08/2015] jagmohanshan: 1000%
[12:10PM, 29/08/2015] Sandeep Chennai: I am just having sleepless nights everyday just thinking what sort of analysis to be done
[12:10PM, 29/08/2015] jagmohanshan: amateurs should only trade in naked calls or puts
[12:10PM, 29/08/2015] Sandeep Chennai: Please share your learnings on accumulation and distribution
[12:10PM, 29/08/2015] jagmohanshan: sleepless nights clarify the clutter best after a level
[12:11PM, 29/08/2015] jagmohanshan: still learning
[12:11PM, 29/08/2015] Sandeep Chennai: Hmmm agreed js ji
[12:11PM, 29/08/2015] jagmohanshan: recently shifted my focus on this
[12:12PM, 29/08/2015] jagmohanshan: enter and exit in steps is the simplified version of accumulation and distribution
[12:13PM, 29/08/2015] jagmohanshan: when and whether operators could or couldn't accumulate or distribute are the biggest hints of the truth behind the market moves
[12:13PM, 29/08/2015] Sandeep Chennai: Don't you think heding in steps won't be possible
[12:15PM, 29/08/2015] jagmohanshan: there is big big big money in trading.but comes only when you “crack the code"
[12:15PM, 29/08/2015] Sandeep Chennai: Hedging is not the best option - ignore it seem stupid question
[12:15PM, 29/08/2015] Sandeep Chennai: Yes sir ji
[12:16PM, 29/08/2015] Sandeep Chennai: Js ji were u able to see any equation between stocks and index of Fii investments?
[12:16PM, 29/08/2015] jagmohanshan: and when that happens, it is not only rains but cloud burst.....of money
[12:16PM, 29/08/2015] Sandeep Chennai: Hmmmm
[12:17PM, 29/08/2015] Sandeep Chennai: I am witnessing that from past few days obviously in my scale as such
[12:18PM, 29/08/2015] Sandeep Chennai: I felt they play the same way across all - whether nifty / bank nifty / stocks
[12:18PM, 29/08/2015] Sandeep Chennai: Rather their logic is simple and it is uniform
[12:20PM, 29/08/2015] Sandeep Chennai: I am just trying to get as many as inputs from you as possible - so I can further work on the inputs which you give
[12:21PM, 29/08/2015] jagmohanshan: stocks are levers issues operators control indices.rather, stocks (sectoral, macro economical) dynamics tell operators where to see indices heading.it won't be wrong to say that operators control sectors and not indices.the remaining world looks at indices only. for operators indices are only additional stocks
[12:22PM, 29/08/2015] jagmohanshan: operators are just accumulators distributors and commission agents (read premium eating facilitators)
[12:23PM, 29/08/2015] Sandeep Chennai: Hmmmmm that's the logic for their operations
[12:23PM, 29/08/2015] jagmohanshan: imo
[12:23PM, 29/08/2015] jagmohanshan: built over all these years, seeing all that I did
[12:24PM, 29/08/2015] Sandeep Chennai: Wow
[12:24PM, 29/08/2015] jagmohanshan: I repeat
[12:25PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.
[12:25PM, 29/08/2015] jagmohanshan: for that you need to trade small and gradually build up
[12:25PM, 29/08/2015] Sandeep Chennai: Hmm that's important js ji - will try to work towards that.
[12:26PM, 29/08/2015] Sandeep Chennai: Sorry js ji other question - they usually build the boundary every month within which they work - am I right?
[12:26PM, 29/08/2015] jagmohanshan: even one sided (only buy) cash and carry practice of this with stocks is a great start.it Will gradually build the habit and method operators use
[12:26PM, 29/08/2015] Sandeep Chennai: Some circumstances they collapse and widen it bit more - so no one will have clue
[12:27PM, 29/08/2015] jagmohanshan: directions rather than boundaries I would say
[12:28PM, 29/08/2015] Sandeep Chennai: That's interesting js ji - direction is the key here
[12:28PM, 29/08/2015] Sandeep Chennai: I will back test it
[12:28PM, 29/08/2015] jagmohanshan: yes IMO
[12:28PM, 29/08/2015] jagmohanshan: any pro trend trade, even if momentary wrong will go right in the end or will not go terribly wrong atleast

Sunday, August 30, 2015

self talk

[11:45AM, 29/08/2015] jagmohanshan: thanks Ganesh for sharing that inspiring newsprint....��
[11:46AM, 29/08/2015] jagmohanshan: though it was risky but probably done by a guy who knew what he was doing
[11:47AM, 29/08/2015] jagmohanshan: many may emulate him after reading this story and burn fingers without realizing the preparation and safety net behind his trade
[11:49AM, 29/08/2015] jagmohanshan: if this feat can be even approximately repeated by him often, he is a genuine genius.even if it was a ultra bold gamble of him and he decides to call it a day, still too great
[11:49AM, 29/08/2015] jagmohanshan: but certainly inspiring from few angles
[11:51AM, 29/08/2015] Mudraa Sandeep Chennai: Js ji - I thought of asking you this question many times but somehow didn't.
After doing extensive research on this - I am of the opinion - does FII use charts or any other technical indicators?
I somehow feel they have predecided everything and play accordingly.
Others like us justify their games by linking it to charts or technicals.
Don't you agree?
[11:52AM, 29/08/2015] jagmohanshan: in addition to shubh labh, I want sure labh, surakshit labh, nirantar labh
[11:54AM, 29/08/2015] jagmohanshan: imo, operators don't use “charts"
[11:54AM, 29/08/2015] jagmohanshan: lions don't have time tables
[11:55AM, 29/08/2015] Mudraa Sandeep Chennai: How can all FII consolidatedly act together and profit - I feel even in that only those ones who have got money power are playing the game
[11:56AM, 29/08/2015] jagmohanshan: operators must be having cartels, and there must be only a few, smaller ones falling in place and towing line
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: So then I guess they may wantedly doesn't breach few levels so that to trap everyone after entering
[11:57AM, 29/08/2015] jagmohanshan: operators don't win or lose.they scavenge.they suck.they are leaches.they are in the middle of everything
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: OK
[11:57AM, 29/08/2015] jagmohanshan: yes true
[11:58AM, 29/08/2015] Mudraa Sandeep Chennai: So their idea is to not to lose the value of their investments but at least maintain it without any erosion and make meager profit by hedging if possible
[11:59AM, 29/08/2015] jagmohanshan: operators of China don't fight with those of Europe or America.and vice versa.they dance in sync, whatever.they adjust and take advantage
[11:59AM, 29/08/2015] Mudraa Sandeep Chennai: So FII all over the world operate same way then and they see consolidatedly
[12:00PM, 29/08/2015] Mudraa Sandeep Chennai: So nothing to lose for them and it's all the retail investors money at stake
[12:00PM, 29/08/2015] jagmohanshan: they needn't worry about wealth erosion.they are the deciders reaction to parameters, at time even parameters.they have got all the money at their disposal.
[12:01PM, 29/08/2015] jagmohanshan: amounts we can't even dream, let alone think
[12:02PM, 29/08/2015] jagmohanshan: yes
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: So the main idea should be understanding their logic rather than any technicals
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: Agreed js ji - it's all played he them
[12:02PM, 29/08/2015] jagmohanshan: like mafia they are interconnected interdependent.having tacit understanding
[12:03PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji other thing I noticed - they are playing the same way not just in index but also in all the stocks
[12:03PM, 29/08/2015] jagmohanshan: we can understand them as we can understand movement of planets even when they are astronomical in size
[12:04PM, 29/08/2015] Mudraa Sandeep Chennai: I am of the opinion now they know the results of the companies much before their announcement and data as proved it in few stocks
[12:04PM, 29/08/2015] jagmohanshan: yes, for them, stocks and indices are like minute and hour hands of the trading clock
[12:05PM, 29/08/2015] Mudraa Sandeep Chennai: I was no one 8-9 months before
[12:05PM, 29/08/2015] jagmohanshan: insiders always know results beforehand.obviously.outsiders always have access to insiders.insiders are humans
[12:06PM, 29/08/2015] Mudraa Sandeep Chennai: After reading your blogs and joining this and reading your messages. I am happy to get into trading and get decent understanding and somehow fell that I am able to get their logic - big hatsoff to you
[12:07PM, 29/08/2015] jagmohanshan: keep learning.be a non sheep
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yesterday I was able to see in few stocks these people had first hand information on results previous day and change the price during the results day
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yeah every day is a learning process and I love that
[12:09PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.habits of operators will work even at minuscule level
[12:09PM, 29/08/2015] Mudraa Guru Mysore: Inherent stop loss is the best thing in options..
[12:09PM, 29/08/2015] jagmohanshan: 1000%
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: I am just having sleepless nights everyday just thinking what sort of analysis to be done
[12:10PM, 29/08/2015] jagmohanshan: amateurs should only trade in naked calls or puts
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: Please share your learnings on accumulation and distribution
[12:10PM, 29/08/2015] jagmohanshan: sleepless nights clarify the clutter best after a level
[12:11PM, 29/08/2015] jagmohanshan: still learning
[12:11PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmm agreed js ji
[12:11PM, 29/08/2015] jagmohanshan: recently shifted my focus on this
[12:12PM, 29/08/2015] jagmohanshan: enter and exit in steps is the simplified version of accumulation and distribution
[12:13PM, 29/08/2015] jagmohanshan: when and whether operators could or couldn't accumulate or distribute are the biggest hints of the truth behind the market moves
[12:13PM, 29/08/2015] Mudraa Sandeep Chennai: Don't you think heding in steps won't be possible
[12:15PM, 29/08/2015] jagmohanshan: there is big big big money in trading.but comes only when you “crack the code"
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Hedging is not the best option - ignore it seem stupid question
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Yes sir ji
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji were u able to see any equation between stocks and index of Fii investments?
[12:16PM, 29/08/2015] jagmohanshan: and when that happens, it is not only rains but cloud burst.....of money
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmm
[12:17PM, 29/08/2015] Mudraa Sandeep Chennai: I am witnessing that from past few days obviously in my scale as such
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: I felt they play the same way across all - whether nifty / bank nifty / stocks
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: Rather their logic is simple and it is uniform
[12:20PM, 29/08/2015] Mudraa Sandeep Chennai: I am just trying to get as many as inputs from you as possible - so I can further work on the inputs which you give
[12:21PM, 29/08/2015] jagmohanshan: stocks are levers issues operators control indices.rather, stocks (sectoral, macro economical) dynamics tell operators where to see indices heading.it won't be wrong to say that operators control sectors and not indices.the remaining world looks at indices only. for operators indices are only additional stocks
[12:22PM, 29/08/2015] jagmohanshan: operators are just accumulators distributors and commission agents (read premium eating facilitators)
[12:23PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmmm that's the logic for their operations
[12:23PM, 29/08/2015] jagmohanshan: imo
[12:23PM, 29/08/2015] jagmohanshan: built over all these years, seeing all that I did
[12:24PM, 29/08/2015] Mudraa Sandeep Chennai: Wow
[12:24PM, 29/08/2015] jagmohanshan: I repeat
[12:25PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.
[12:25PM, 29/08/2015] jagmohanshan: for that you need to trade small and gradually build up
[12:25PM, 29/08/2015] Mudraa Sandeep Chennai: Hmm that's important js ji - will try to work towards that.
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Sorry js ji other question - they usually build the boundary every month within which they work - am I right?
[12:26PM, 29/08/2015] jagmohanshan: even one sided (only buy) cash and carry practice of this with stocks is a great start.it Will gradually build the habit and method operators use
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Some circumstances they collapse and widen it bit more - so no one will have clue
[12:27PM, 29/08/2015] jagmohanshan: directions rather than boundaries I would say
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: That's interesting js ji - direction is the key here
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: I will back test it
[12:28PM, 29/08/2015] jagmohanshan: yes IMO
[12:28PM, 29/08/2015] jagmohanshan: any pro trend trade, even if momentary wrong will go right in the end or will not go terribly wrong atleast

self talk

[11:45AM, 29/08/2015] jagmohanshan: thanks Ganesh for sharing that inspiring newsprint....��
[11:46AM, 29/08/2015] jagmohanshan: though it was risky but probably done by a guy who knew what he was doing
[11:47AM, 29/08/2015] jagmohanshan: many may emulate him after reading this story and burn fingers without realizing the preparation and safety net behind his trade
[11:49AM, 29/08/2015] jagmohanshan: if this feat can be even approximately repeated by him often, he is a genuine genius.even if it was a ultra bold gamble of him and he decides to call it a day, still too great
[11:49AM, 29/08/2015] jagmohanshan: but certainly inspiring from few angles
[11:51AM, 29/08/2015] Mudraa Sandeep Chennai: Js ji - I thought of asking you this question many times but somehow didn't.
After doing extensive research on this - I am of the opinion - does FII use charts or any other technical indicators?
I somehow feel they have predecided everything and play accordingly.
Others like us justify their games by linking it to charts or technicals.
Don't you agree?
[11:52AM, 29/08/2015] jagmohanshan: in addition to shubh labh, I want sure labh, surakshit labh, nirantar labh
[11:54AM, 29/08/2015] jagmohanshan: imo, operators don't use “charts"
[11:54AM, 29/08/2015] jagmohanshan: lions don't have time tables
[11:55AM, 29/08/2015] Mudraa Sandeep Chennai: How can all FII consolidatedly act together and profit - I feel even in that only those ones who have got money power are playing the game
[11:56AM, 29/08/2015] jagmohanshan: operators must be having cartels, and there must be only a few, smaller ones falling in place and towing line
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: So then I guess they may wantedly doesn't breach few levels so that to trap everyone after entering
[11:57AM, 29/08/2015] jagmohanshan: operators don't win or lose.they scavenge.they suck.they are leaches.they are in the middle of everything
[11:57AM, 29/08/2015] Mudraa Sandeep Chennai: OK
[11:57AM, 29/08/2015] jagmohanshan: yes true
[11:58AM, 29/08/2015] Mudraa Sandeep Chennai: So their idea is to not to lose the value of their investments but at least maintain it without any erosion and make meager profit by hedging if possible
[11:59AM, 29/08/2015] jagmohanshan: operators of China don't fight with those of Europe or America.and vice versa.they dance in sync, whatever.they adjust and take advantage
[11:59AM, 29/08/2015] Mudraa Sandeep Chennai: So FII all over the world operate same way then and they see consolidatedly
[12:00PM, 29/08/2015] Mudraa Sandeep Chennai: So nothing to lose for them and it's all the retail investors money at stake
[12:00PM, 29/08/2015] jagmohanshan: they needn't worry about wealth erosion.they are the deciders reaction to parameters, at time even parameters.they have got all the money at their disposal.
[12:01PM, 29/08/2015] jagmohanshan: amounts we can't even dream, let alone think
[12:02PM, 29/08/2015] jagmohanshan: yes
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: So the main idea should be understanding their logic rather than any technicals
[12:02PM, 29/08/2015] Mudraa Sandeep Chennai: Agreed js ji - it's all played he them
[12:02PM, 29/08/2015] jagmohanshan: like mafia they are interconnected interdependent.having tacit understanding
[12:03PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji other thing I noticed - they are playing the same way not just in index but also in all the stocks
[12:03PM, 29/08/2015] jagmohanshan: we can understand them as we can understand movement of planets even when they are astronomical in size
[12:04PM, 29/08/2015] Mudraa Sandeep Chennai: I am of the opinion now they know the results of the companies much before their announcement and data as proved it in few stocks
[12:04PM, 29/08/2015] jagmohanshan: yes, for them, stocks and indices are like minute and hour hands of the trading clock
[12:05PM, 29/08/2015] Mudraa Sandeep Chennai: I was no one 8-9 months before
[12:05PM, 29/08/2015] jagmohanshan: insiders always know results beforehand.obviously.outsiders always have access to insiders.insiders are humans
[12:06PM, 29/08/2015] Mudraa Sandeep Chennai: After reading your blogs and joining this and reading your messages. I am happy to get into trading and get decent understanding and somehow fell that I am able to get their logic - big hatsoff to you
[12:07PM, 29/08/2015] jagmohanshan: keep learning.be a non sheep
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yesterday I was able to see in few stocks these people had first hand information on results previous day and change the price during the results day
[12:08PM, 29/08/2015] Mudraa Sandeep Chennai: Yeah every day is a learning process and I love that
[12:09PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.habits of operators will work even at minuscule level
[12:09PM, 29/08/2015] Mudraa Guru Mysore: Inherent stop loss is the best thing in options..
[12:09PM, 29/08/2015] jagmohanshan: 1000%
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: I am just having sleepless nights everyday just thinking what sort of analysis to be done
[12:10PM, 29/08/2015] jagmohanshan: amateurs should only trade in naked calls or puts
[12:10PM, 29/08/2015] Mudraa Sandeep Chennai: Please share your learnings on accumulation and distribution
[12:10PM, 29/08/2015] jagmohanshan: sleepless nights clarify the clutter best after a level
[12:11PM, 29/08/2015] jagmohanshan: still learning
[12:11PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmm agreed js ji
[12:11PM, 29/08/2015] jagmohanshan: recently shifted my focus on this
[12:12PM, 29/08/2015] jagmohanshan: enter and exit in steps is the simplified version of accumulation and distribution
[12:13PM, 29/08/2015] jagmohanshan: when and whether operators could or couldn't accumulate or distribute are the biggest hints of the truth behind the market moves
[12:13PM, 29/08/2015] Mudraa Sandeep Chennai: Don't you think heding in steps won't be possible
[12:15PM, 29/08/2015] jagmohanshan: there is big big big money in trading.but comes only when you “crack the code"
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Hedging is not the best option - ignore it seem stupid question
[12:15PM, 29/08/2015] Mudraa Sandeep Chennai: Yes sir ji
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Js ji were u able to see any equation between stocks and index of Fii investments?
[12:16PM, 29/08/2015] jagmohanshan: and when that happens, it is not only rains but cloud burst.....of money
[12:16PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmm
[12:17PM, 29/08/2015] Mudraa Sandeep Chennai: I am witnessing that from past few days obviously in my scale as such
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: I felt they play the same way across all - whether nifty / bank nifty / stocks
[12:18PM, 29/08/2015] Mudraa Sandeep Chennai: Rather their logic is simple and it is uniform
[12:20PM, 29/08/2015] Mudraa Sandeep Chennai: I am just trying to get as many as inputs from you as possible - so I can further work on the inputs which you give
[12:21PM, 29/08/2015] jagmohanshan: stocks are levers issues operators control indices.rather, stocks (sectoral, macro economical) dynamics tell operators where to see indices heading.it won't be wrong to say that operators control sectors and not indices.the remaining world looks at indices only. for operators indices are only additional stocks
[12:22PM, 29/08/2015] jagmohanshan: operators are just accumulators distributors and commission agents (read premium eating facilitators)
[12:23PM, 29/08/2015] Mudraa Sandeep Chennai: Hmmmmm that's the logic for their operations
[12:23PM, 29/08/2015] jagmohanshan: imo
[12:23PM, 29/08/2015] jagmohanshan: built over all these years, seeing all that I did
[12:24PM, 29/08/2015] Mudraa Sandeep Chennai: Wow
[12:24PM, 29/08/2015] jagmohanshan: I repeat
[12:25PM, 29/08/2015] jagmohanshan: traders should gradually develop habit of accumulating distributing instead of just getting in out in single shots.
[12:25PM, 29/08/2015] jagmohanshan: for that you need to trade small and gradually build up
[12:25PM, 29/08/2015] Mudraa Sandeep Chennai: Hmm that's important js ji - will try to work towards that.
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Sorry js ji other question - they usually build the boundary every month within which they work - am I right?
[12:26PM, 29/08/2015] jagmohanshan: even one sided (only buy) cash and carry practice of this with stocks is a great start.it Will gradually build the habit and method operators use
[12:26PM, 29/08/2015] Mudraa Sandeep Chennai: Some circumstances they collapse and widen it bit more - so no one will have clue
[12:27PM, 29/08/2015] jagmohanshan: directions rather than boundaries I would say
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: That's interesting js ji - direction is the key here
[12:28PM, 29/08/2015] Mudraa Sandeep Chennai: I will back test it
[12:28PM, 29/08/2015] jagmohanshan: yes IMO
[12:28PM, 29/08/2015] jagmohanshan: any pro trend trade, even if momentary wrong will go right in the end or will not go terribly wrong atleast

Wednesday, August 26, 2015

losing the easiest gamble

how about a gamble/lottery with your 50% chance of winning?

welcome to trading....

but if u r still losing
the fault doesn't lie with your chances of winning.....
the trouble is...

1. lack of a method (any fixed method will do.....and I can prove it)

2. risk management.(an adverse trade shouldn't unsettle or financial position)

3. changing directions to much....mixing intraday and positional trades
too much

4. inability to stick to system.inability to be the odd man out

5. letting fear and boredom create havoc in the head leading to trade suicide

6. playing ass to be the jack who hits jackpot every time
man in a hurry to be a millionaire immediately to overcome all other ills and misfortunes of life

7. fear and inability to take the difficult trade (profitable trade is mostly equivalent to biting the bullet, uncomfortable, seemingly stupid, against the masses."how can the masses be wrong and me right"fallacy. sheepish approval seeking behavior.

8. expecting and demanding guarantee before entering the trade that the trade will be profitable. peer and masses consensus give the illusion of that false guarantee with obvious results.

9. hoping endlessly but not accepting the cause and effect reality.keep gambling but refusing to change the trades and process behind them.

Saturday, August 22, 2015

self talk

crises like Lehman, Greece don't warn before coming....self talk
when a crisis warns, it is bluffing....self talk
and it is imperative that vested interests will exploit the induced volatility....
Jeneel : Js sir.  Sorry to say but when u took long today.  I was angry.  Though it was not my position and not my  money.   Par really. Brave and super judgement.    My fav dialogue.  Baap baap hota hai beta beta😄😄😄😄......  self talk😘😘
Js: dear friends....let me share a few things....
: first, u often see my trades going right.....but lemme say it very frankly that i am not 100% sure when i enter those trades....
: i have learnt that risk is the mother of profit.....
: i have learnt hard way that market is never deterministic but probabilistic.......
: i am never sure of outcomes......but that's not what i am looking out either....
: all i am always on the look out is......
: hint of bias on one side.....
: whenever the hint is more than reasonable, i consider it my trading dharma to take the trade....
: clearer the hint, bigger the position i take.....
: i know i will be wrong in judging the hints some or the other time......but by that time i have made enough on the right trades that i don't mind sharing the profit.....
: all i have to ensure is that i keep refining the method to spot and verify the hints.....
: the bluff of operators is not a bluff till proved.....till then it is a probability.....
: trading is a probability game played enough times.....
: eg if u ask me now, i will frankly admit that i am not sure that 8450 will be hit (as i opined above before lunch)......but i have good enough hints that it will......i have made good points today (booked in staggered fashion) and i am therefore willing to risk those and cooly remain in the trade till alter hints emerge, or i spot....
: i felt bad when markets opened today with deep gap......but with self talk i persuaded myself to accept it and continue thinking clearly, analysing the signals....
: jeneel, chances are 68.3 to 31.7
: market bade drame karti hai par zyada drame nahin karti......self talk
Jeneel: What a ratio
Guru: 68.3 to 31.7 ,.. hahaha precision
Jeneel: market bade drame karti hai par zyada drame nahin karti......self talk😘😘😘👍👍👍🙏🙏🙏
Js: it will confuse u but not to the extent that it gets confused itself!!!
: only sense of humour can save a trader long enough in the market.....self talk
Jeneel: Js sir ek baar bol do 10% loss ke.dar se 100% loss mat gawa dena.   😂😂. Kaan taras rahe hai sunne ke liye
Js: serious traders become bankrupt faster.......self talk
: jeneel....thanks for reminding that......main to bhool gaya tha....
: "10 takaa loss ke dar se 100 taka profit mat ganvaa dena"
: this is actually the credo line/maxim of motilal oswal......my most respected firm
: frankly speaking.....there is a thought/maxim/explanation for every outcome of the trade.....if markets would have collapsed today more.....the same maxim would have become minim for that trader.....a trade is never sure.....u have to trade every new trade with the same level of uneasiness........trading success is nothing but getting used to the fear of loss and still take that "edge" chance
: one needs to get back into the pit every morning like a student with folded hands before the guru......self talk
: u have to erase ur memory of the day before the date changes.....
: a new trading day's fear is the right catalyst of better trading sense for that day.....

self talk

gut feeling is a very useful and essential ally......would recommend the book "blink" malcolm gladwell.....a wonderful treatise on "gut" feeling......
a gut feeling is a "hint" in the subconscious which the conscious self is yet to understand the logic of...
respect "gut" feelings provided u are not new to the "atmosphere"
Rajan : mera vahi purana dialogue " yeh gut feeling mujhe de de thakur"

Js: wrong "gut" leads to "gutter"......self talk
trading is a one day game.............including the overnight decision.....repeated endlessly day after day............self talk

self talk

Js: supports are like tree branches which the market falling from tree top may or may not be able to hold while falling after slipping.....self talk
market supports and resistances are mass imagination and hence virtually true
Prithwis: supports & Resistence is mass imagination and some calculated Level also, as per open high Low , close
Js: .....mass calculated imagination......
since it is mass, it works.....
but collapses like anything when in the interest of operators.....self talk at the brink of freedom of speech.....no pun intended....Pl pardon, no intention to hurt, just Frank discussion of civil trading society
there is no inherent logical fundamental reason for levels to work except mass belief.....it definitely works but because of psychological reasons
levels being to every caste creed race nation planet.....including me
I respect levels......but can't ignore operator tactics using levels......if I were an operatori would definitely be using this info that the herd is looking at particular levels......

one reason why new levels get created....
levels which don't hold are as good as non levels which don't hold.....
levels are man made, non levels are divine
every success is the signal of impending failure if not forgotten soon.....
a trader is only as good as his her last trade
I am happy to already having started worrying about my next bet (on the downside)
I'm not sure.....just that I'm betting on what I understand.....fearlessly, shamelessly......
remorselessly
one can afford to be fearless if one is in the green....
fearlessness gives profit, profit leads to fearlessness, fearlessness gives more profit......
Just 2-3 working tricks are enough for life.....
profit money, or profit experience...fall of fear is certain

self talk

with method willing to go with nifty anywhere even if hell........ without one nowhere......even if heaven......Self talk
10 takaa loss ke dar se 100takaa profit mat ganvaa dena......."motilal oswal magical line"
be your ruthless trainer yourself.....self talk
temporary loss for permanent profit is better than temporary profit for permanent loss.....self talk
say no to fluke, say yes to method......repeatability is godly in trading!
practice the method for perfection even if some loss happens.....
it is not important that u were proved right or wrong.....what's important was that u used ur head, took a stand and stood ur ground for sufficiently long......u went one step ahead in cultivating and cementing a habit
trading success is not an act....it is a habit
habit is probability friendly....
habit of thinking, habit of daring, habit of withstanding, habit of accepting, habit of rising, habit of repeating......

self talk

a trading loss is never permanent.it is deposited in the positional level.....self talk

in the zig zag movement of the market you can be wrong 40 percent of the time (not value though) despite being right with the direction.....self talk

you can never be sure of every turn of the road operators take.in the hind sight you will always have reasons to flog yourselves for no real fault of yours.if you do that you will carry an enough injured soul to be never successful in trading....self talk

positional trading is more like a test match than a one day or 20-20
it tests specific skills and demands accordingly
zig zag movement of market is not the ‘beeen' of a charmer that every snake trader must respond to....

not a club, pub or casino

take trading like a business, not like a lottery, gamble or luck and hope thing.

in trading, avoid adhocism as you would in a business.....
invest time effort mind money emotions in trading as you do would in a business
understand that you would have to establish the trading as any business....
just rhetoric, chest thumping, joking, fooling, bravado won't do
be a businessman
be in the business of sale purchase of stocks or indices
let results and consistency be the pins to your ego balloon
buy or sell stock or index like you would a flat or land or alike
build the trading business painstakingly
market is not a club or pub or casino
learn the tricks of this trade.....not to lose but profit
business is not entertainment, trading is not show business
amateur traders should avoid the inadvertent joy of being a reluctant stripper
don't enjoy your loss
trading,unfortunately,is the only trade which is not traded like a trade but spent like a hobby.....alas
reveal your profits and losses to your parents, spouse or siblings and see the casual approach evaporate
amateur traders keep avoiding slaps and keep hearing imaginary fake misplaced claps
trading is a difficult serious business....take it like one
maintain profit and loss account
ask self about the roi
keep an eye on expenses
do swot analyses
do frequent reality checks
take that slap....everyday after breakfast lunch and dinner