self talk

[8:09AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: JS ji  how much percent you confident that Nifty will go up Next week
[8:13AM, 05/09/2015] Mudraa jaspreet singh: Prithwi... dont know abt JS paaji.. but when he states.. other grp members get 100% confident... built a repo like that...
[8:18AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: yes, Jaspret , you are correct
[8:24AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: @Jaspret : but sorry to say that , yesterday I seen JS ji Nifty view and get confidence myself and take Nifty Fut Long @7710 (average price), but my bad Luck I close @7660, 9 Lot
[8:25AM, 05/09/2015] Mudraa Guru Mysore: [07:56, 05/09/2015] Jagmohan: most of the traders lose for being positionally right because they don't have the holding capacity.that's either because their position size is too large, our they are in the wrong instrument or their fear factor is untamed and running unchallenged.....self talk
[07:56, 05/09/2015] Jagmohan: "lose despite"
[8:25AM, 05/09/2015] Mudraa Guru Mysore: @pritwis
[8:34AM, 05/09/2015] jagmohanshan: very string chance of up move in coming week
[8:36AM, 05/09/2015] jagmohanshan: you can't trade positionally with day trading mindset and you can't and shouldn't day trade with positional mindset.when I enter positional,I keep in mind that adverse vibrations might be there.my entire method and money management and mindset woven around positional.my way dangerous for day trading etc
[8:37AM, 05/09/2015] jagmohanshan: if you have 1-2 days or 50 points patience or backup or preparation Pl don't enter positional.you will be ejected.
[8:38AM, 05/09/2015] jagmohanshan: a good positional trader knows or should know how to benefit for extreme adverse tactical or situational move my operators.
[8:39AM, 05/09/2015] jagmohanshan: any adverse market move is a fixed deposit for a good positional method
[8:40AM, 05/09/2015] jagmohanshan: I started this positional position with out of market option.gradually I'll move in the market.it is a low risk, win win setup.
[8:41AM, 05/09/2015] jagmohanshan: IMO we are at the cusp of positional intermediate reversal
[8:41AM, 05/09/2015] jagmohanshan: as per method
[8:41AM, 05/09/2015] jagmohanshan: cusp is usually foggy.nothing unusual about it
[8:42AM, 05/09/2015] jagmohanshan: who says trading is easy....self talk
[8:42AM, 05/09/2015] jagmohanshan: but it is not impossible
[8:42AM, 05/09/2015] jagmohanshan: if you accept the prepare for the difficulties it is easy
[8:42AM, 05/09/2015] jagmohanshan: accept and prepare
[8:43AM, 05/09/2015] jagmohanshan: if you hear a truth, it is a truth even before proved so
[8:44AM, 05/09/2015] jagmohanshan: have your own truths
[8:44AM, 05/09/2015] jagmohanshan: even a winner can't survive the casino if he doesn't have a backup strategy
[8:46AM, 05/09/2015] Mudraa Prithwis K Das W.Bengal: Sorry JS ji, I have hurt you, I always read your views & myself full confidence of your Nifty views positionally
[8:48AM, 05/09/2015] Mudraa Sandeep Chennai: Js ji
You trade current month or next month?
If current month at what point of time you take a decision to roll over if so how you do that?
[8:50AM, 05/09/2015] jagmohanshan: no no no I'm not hurt or anything like that please
[8:50AM, 05/09/2015] jagmohanshan: I'm always candid and upfront
[8:50AM, 05/09/2015] jagmohanshan: like British parliamentarians
[8:52AM, 05/09/2015] jagmohanshan: my positional method can make money even if any unforeseen disastrous event were to make nifty open tomorrow 2000 points down with me in the longs.market is a spring programmed in time.you have to have a back strategy and a survival kit/plan.
[8:53AM, 05/09/2015] jagmohanshan: I trade current series mostly
[8:54AM, 05/09/2015] Mudraa Sandeep Chennai: Thanks js ji
[8:54AM, 05/09/2015] Mudraa Sandeep Chennai: So u don't hedge?
[9:02AM, 05/09/2015] jagmohanshan: I don't hedge
[9:02AM, 05/09/2015] jagmohanshan: hedging is only for hedge funds for a reason
[9:02AM, 05/09/2015] jagmohanshan: not for retail traders
[9:02AM, 05/09/2015] mudraa ashok tainwalla: Monday gap down should be an oppurtunity...
[9:04AM, 05/09/2015] jagmohanshan: it's not important just to say that I'm short or long.but why how and how much.and with what preparation and backup.devil lies in the details.
[9:04AM, 05/09/2015] jagmohanshan: up and down, gap up and gap down and everything else should be seen as an opportunity, not a calamity
[9:09AM, 05/09/2015] jagmohanshan: “don't have just plan B. you have alphabets till Z"
[9:11AM, 05/09/2015] jagmohanshan: Prithwis, you took position in futures,I took calls.therein lies the first diversion.a big one! with futures you just can't trade with my method.
[9:12AM, 05/09/2015] jagmohanshan: you were likely to be ejected or crushed by any adverse manoeuvre