Hi..Its nice to see a well managed thought xchange forum for traders....good to see..alot of knowledge sharing....
But wat i hve felt is...thr are many impatient ppl here....just anxious to make money..and nothing else....guyz stock markets are not money making machines...they are not ATM......so plz....dnt b too anxious to do a trade..just for the sake of money...NO...u wnt make money...
Concentrate on the charts....collect all vital data from NSEINDIA.COM....
Learn from your experience...and dont risk too much capital...
Dnt initiate a trade...which wnt let u sleep in the night...
And also remember the major crashes...
I want to ask..one question..if we all are experts..why werent we all were short on 20th Jan or before tht.....
The reason is Greed.....
First try to eliminate tht..and then start trading...
I read in a thread..the sequence of events....of the Fateful day ..21st Jan 2008...
I read tht ppl were going long on 5600...then 5500...then 5400..then 5300...and rest u all knw....
Its just bcoz of the short term thinking...guyz dnt think short term....Atleast trade with a time period of 1 day..atleast 1 day....
And dnt think of doing trading everyday...
But wat i hve felt is...thr are many impatient ppl here....just anxious to make money..and nothing else....guyz stock markets are not money making machines...they are not ATM......so plz....dnt b too anxious to do a trade..just for the sake of money...NO...u wnt make money...
Concentrate on the charts....collect all vital data from NSEINDIA.COM....
Learn from your experience...and dont risk too much capital...
Dnt initiate a trade...which wnt let u sleep in the night...
And also remember the major crashes...
I want to ask..one question..if we all are experts..why werent we all were short on 20th Jan or before tht.....
The reason is Greed.....
First try to eliminate tht..and then start trading...
I read in a thread..the sequence of events....of the Fateful day ..21st Jan 2008...
I read tht ppl were going long on 5600...then 5500...then 5400..then 5300...and rest u all knw....
Its just bcoz of the short term thinking...guyz dnt think short term....Atleast trade with a time period of 1 day..atleast 1 day....
And dnt think of doing trading everyday...