This is a new thread.The objective is pure learning purpose.
For a coin there is heads and tails, same for the market and chart too..When we see a chart from one angle, another person can see the same chart from the opposite angle too.This makes the game more complex.When some one try to interpret a news in one way , other person look at the timing of the news and come to another logic that it was a preplanned news to twist the market..
What ever they plant , the objective is the same, volatality...This process make some one richer and other looser.
Any one can Participate.
Dont be blind and fool...
Every time you enter in to a trade,The enemy is just around you, thinking how to steal your money , watching your each trade!
So be vigilent!
Any advice displayed by me on this website is in general advice only and has been prepared without taking account of your objectives, financial situation or particular needs.Atmost care should be taken while entering in to any trade after following my thoughts here as I am not responsible for any financial loss incurred to any one incase if they enter in to any trade after reading this thread.
Your credit card password you dont wish to give to any one.Still hackers try their level best to steal it.
Same applies to stop loss.When some one ask you for stop loss, keep in mind he is not asking to save his capital, but to steal your capital, why? because you are giving your surrendering level to your opponent who is waiting to knock you down!
so your stop loss is same like your credit card password, keep it close to your chest..they will cry for it..never reveal it open!
so dont ask me for stop loss. your money , your trade, your account..your profit your loss.Dont blame me for loss!
What I understand and learned so far from trading till 2015?
- All big institutions keeping an eye on the investors trading and open position they holding. All economic data is drafted after seeing the trend of the masses. They always move the market just opposite to it by using fake economic data which have no relevance or truth, but media and channels fulfill their goal.
- Few countries are surviving only because they have a series of economic data in their hand which can keep the asian market under their control. If the asian countries decided to abandon the auto trading using machines and allow only humans to trade, 75% of the problem what world is facing now will be solved , because each problem s created to cash it from market other way!
- Asian market is a heaven for some countries, SGX nifty and Singapore market is created to control the whole asian market by a few who manipulate it after watching the public position before and after trading hours.
- Forums and channels are wildly used by few to know the pulse of the public and some time used to confuse them to attain their goal.
- Stock market and all market across the world working on coding done by financial mathematician which work on one simple principle, move the market just opposite to the public sentiments by hook or crook and economic data and statements by leaders do the rest of the game!
- When all public start to say market reach top or bottom , then keep in mind , on the other side some are laughing waiting to screw them the opposite way by sudden twist, which is nothing but fake data release to steal your money!
Nifty likely to make all bullish above 8000 once again in 2016 I guess (8033 or 8078? Or may be higher, but if later a fall happens below 7950, then a crash landing towards 7200 to 6900 can’t be ruled out in 2016!
One interesting thing i found in 2015 is , few famous broking houses even turn to act like bucket shoppers and market makers and they even switch off the server of the online traders prior to a fall or an up move and trap them else freeze the terminal or you automatically logged out from server and they are getting paid well for this game! later message and rumour floating is "technical issue in NSE!"
The final chance to get out of indian stock market. A massive sell off of 800 point is due in the middle of march as per chart.
If lucky ,might kiss 10600. Any break of 10280 will be the red alert!