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.....