Nifty Futures Trading

kkseal · #**7771** 10th July 2008, 10:03 PM

Quote:

Originally Posted by harharmahadev

You seem to be "the world is all butterflies and roses" kinda guy...that cannot fathom why stock markets ever go down. "WE" may survive and grow...but "YOU" surely are going to lose your shirt if you don't listen to market and social forces.

Where were you Maharaj when mkts were at 21k? At least a few came out & stuck out there necks but you were not among them.

And who needs your wretched predictions anyway? We made money when the mkts were moving up, we made money on the way down & we will continue to trade & make money to the best of our capacities wherever the mkt goes from here.

And i do not figure among the best There are traders here with a lot more experience & skill than i have (or ever will have) So if i'm making some money then they must be doing at least 10 times better.

And you have the audacity to call them 'clueless'?? You criticize a person who has raised a family through trading; something a sundry blog writer like you can't even dare to attempt in your dreams.

And its not that as traders we are oblivious to the global environment. We know very well where the headwinds are, where the risks emanate from - the perils & pitfalls of commodity & financial mkts. There are plenty of eminent professionals who have been enlightening us on these subjects - people with much better credentials than some Harharmahadev. We are not uneducated We have the education & acumen to understand what they say and as such we are aware of the risks; your nonobjective clichematic 'running commentary' (that too after mkts have fallen 40%) adds nothing to our awareness. If anything you & your clan serves one purpose - that of being good contrarion 'indicators'.

It seems your banal blog lacks viewership - which is why you're trying to stir up a hornet's nest here.

kkseal · #**7772** 10th July 2008, 10:11 PM

Quote:

Originally Posted by uasish

Kalyan i disagree,few shayaris are superb.

Yeah, to be fair, they are

But you do know the saying about too much of anything ...

Having said that, i am a lover of ghazals myself

sanx · #**7773** 10th July 2008, 10:14 PM

@kkseal ,lets respect others views and they respect ours . Keep it calm . He says something and you say something ;does not hurt each other right .

.

deb99891 · #**7774** 10th July 2008, 10:41 PM

Quote:

Originally Posted by kkseal

Where were you Maharaj when mkts were at 21k? At least a few came out & stuck out there necks but you were not among them.

And who needs your wretched predictions anyway? We made money when the mkts were moving up, we made money on the way down & we will continue to trade & make money to the best of our capacities wherever the mkt goes from here.

And i do not figure among the best There are traders here with a lot more experience & skill than i have (or ever will have) So if i'm making some money then they must be doing at least 10 times better.

And you have the audacity to call them 'clueless'?? You criticize a person who has raised a family through trading; something a blog writer like you can't even dare to attempt in your dreams.

And its not that as traders we are oblivious to the global environment. We know very well where the headwinds are, where the risks emanate from - the perils & pitfalls of commodity & financial mkts. There are plenty of eminent professionals who have been enlightening us on these subjects - people with much better credentials than some Harharmahadev. We are not uneducated We have the education & acumen to understand what they say and as such we are aware of the risks; your nonobjective clichematic 'running commentary' (that too after mkts have fallen 40%) adds nothing to our awareness. If anything you & your clan serves one purpose - that of being good contrarion 'indicators'.

It seems your banal blog lacks viewership - which is why you're trying to stir up a hornet's nest here.

ne person with a total posting of 9

can not let ne one down infront of others
he(they) r respected every time by us all time..
n among "US" there r many pros trading for couple of years
n they r trading for living.......n they r consistently earning ......
they r learning every day n night from their teachers....
this is a continious process of gr8 "guru sisya parampara".....
hats off to "our" teacher(s) for their continious spoon feeding.....
btw views r allways wellcome

columbus · #**7775** 10th July 2008, 11:05 PM

Quote:

Originally Posted by tinchu76

Have to refresh page every time to view the next post/page is any other faster way to view the post sooner it is posted??

Quote:

Originally Posted by columbus

Install FIREFOX browser.In firefox browser setting are there to RELOAD every 5 seconds,10,30,1minute,5 and 15.

For Internet Explorer users ,you can install a small utility YREFRESHER.(just google it)

Czar · #**7776** 10th July 2008, 11:06 PM

Quote:

Originally Posted by harharmahadev

You seem to be "the world is all butterflies and roses" kinda guy...that cannot fathom why stock markets ever go down. "WE" may survive and grow...but "YOU" surely are going to lose your shirt if you don't listen to market and social forces.

that was really very funny, easy boy look b4 you leap...

kkseal · #**7777** 10th July 2008, 11:11 PM

Quote:

Originally Posted by uasish

It is once again the need of the Hour to share some info about this Gr8 Forum.
1) Name any Proffession,we have accomplised guys who are active member here.(barring filmstars & cricketers).
2) We have guys who,5 yrs back was handling Hedge Funds in Million US Dollars.
3) We have a 70 yrs trader ,trading from his District town,each day.
4)We have guys who had 1st hand experience at NYSE trading floor,how the VERY VERY HIGH Tkt traders trade,what they use,how they identify.
5) We have No. of System Traders,who are personally being contacted by Big firms from Europe to Handel their fund.
6) We have a young trader who with 60K has made above 10 Lacks in 10 months.

Most of these guys are very silent watchers.

Quote:

Originally Posted by harharmahadev

Most of these guys probably are as clueless about the market dynamics as your technical trading calls are.

NIFTY is headed downwards in the near future, because FII interest in Indian stocks is fast dissipating along with tighter liquidity conditions.

'Buying on dips' is not a contrarian investment. I think NIFTY will be 20-40% lower from current levels before we start talking about a bottom. I have too many reasons to substantiate my claim...in case anybody cares to hear!

I have no objection to views. But look at the first line of his reply to Asishda's post. His implication is that we'd all be lost & 'clueless' if Harharmahadev had not descended from Kailash to enlighten us. And the funny thing is the 'clues' come after mkts are down 40% from the top.

And as a sample of the objectivity of his arguments, in the second line he rambles that 'FII interest in Indian stocks is fast dissipating' when the fact is a 6-7bn$ pullout out of 250bn invested - this after a 5 yr bull cycle (when even long term investors take home some profits) & in a situation where some retail capitulation is expected.

The question here is what information does such commentaries provide that we already do not know? Even newbies of this board are aware that FIIs have been net sellers in recent times (though few noticed amidst the euphoria that they had turned net sellers in Dec07 as well).

Who gave us the timely warnings? Sunil in his mkt sentiments thread, Soumya with his rising wedge chart, Amitt in his EW thread & some others with technical & fundamental views in various threads; where was Shivji at that time? And he comes in now to save the souls of retail investors & provide 'clues' to traders here? He warns of 'contrarion buying' But i wonder how many retail 'investors' are buying at this stage Have you seen any MF NFOs of late? The floodgates will open again if & when mkts reach 20k. Retail will precisely do the wrong thing - buy high & sell low like they have always done & 'guidance' from the Mahadevs will continue to foster such behaviour.

Regards

tsunil4u · #**7778** 10th July 2008, 11:16 PM

chill out mahadev
har har baar, why r u saying mkt will go down... we dont wont an astrologer or a commentator who gives reasons for every weekly movement of the market... we r here to TRADE the minute/hourly/daily (sometimes weekly) movement of the market.. not for cheering / consoling the mkt movements.

A day-trader does not have any emotions with the index/stock he trades in...

We know there's a big inflation problem in our country; but being day-traders, we dont just sit & comment on it, we SHORT the market WHEN OUR PARTICULAR LEVEL BREAKS (or whatever the parameters) for the benefit of OUR OWN economy... we make a living out of day trading...

there are enough politicians in our country to "look/care(???)" abt the country's economy... and they are the people who actually "earn" by commenting on the country's economic problems...

You seem to have good qualities of an opposition leader.... Go ahead & join politics... I m sure you will not get majority votes, but atleast you will get to sit in the opposition. Then maybe u can make money by making such commentary...

If u wanna do something for us, post your live day tradings so that we know u r a trader or just a politician... (and how capable r u)...

And just to aware you, this is "traderji.com" and not "mantriji.com"...

By the way, there is a mantriji who had made money by "commenting".. his website is

http: // tinyurl . com/6nvbwb

enjoy

harharmahadev · #**7779** 10th July 2008, 11:19 PM

Quote:

Originally Posted by kkseal

Where were you Maharaj when mkts were at 21k? At least a few came out & stuck out there necks but you were not among them.

And who needs your wretched predictions anyway? We made money when the mkts were moving up, we made money on the way down & we will continue to trade & make money to the best of our capacities wherever the mkt goes from here.

And i do not figure among the best There are traders here with a lot more experience & skill than i have (or ever will have) So if i'm making some money then they must be doing at least 10 times better.

And you have the audacity to call them 'clueless'?? You criticize a person who has raised a family through trading; something a sundry blog writer like you can't even dare to attempt in your dreams.

And its not that as traders we are oblivious to the global environment. We know very well where the headwinds are, where the risks emanate from - the perils & pitfalls of commodity & financial mkts. There are plenty of eminent professionals who have been enlightening us on these subjects - people with much better credentials than some Harharmahadev. We are not uneducated We have the education & acumen to understand what they say and as such we are aware of the risks; your nonobjective clichematic 'running commentary' (that too after mkts have fallen 40%) adds nothing to our awareness. If anything you & your clan serves one purpose - that of being good contrarion 'indicators'.

It seems your banal blog lacks viewership - which is why you're trying to stir up a hornet's nest here.

For cryin' out loud - it's 'contrarian' and not 'contrarion'!

Feel free to pass judgment on me without ascertaining any facts! Wouldn't expect any less!

Remember - in a bull market, every joker becomes a stock market expert. I'm here to share my investment outlook with like-minded people, not to peddle my blog (which is only 5-6 months old...btw)...but since you mentioned it, here is the link: www.desichatter.com.

Being a contrarian to a contrarian puts you back into the crowd. Speaking of cliches, let me create one for you - "Buying on dips in a highly visible, highly volatile, highly traded sector is NOT a contrarian investment strategy. It's a I-wanna-get-rich-quick-by-gambling-on-the-stock-market strategy."

harharmahadev · #**7780** 10th July 2008, 11:29 PM

Quote:

Originally Posted by tsunil4u

chill out mahadev
har har baar, why r u saying mkt will go down... we dont wont an astrologer or a commentator who gives reasons for every weekly movement of the market... we r here to TRADE the minute/hourly/daily (sometimes weekly) movement of the market.. not for cheering / consoling the mkt movements.

A day-trader does not have any emotions with the index/stock he trades in...

We know there's a big inflation problem in our country; but being day-traders, we dont just sit & comment on it, we SHORT the market WHEN OUR PARTICULAR LEVEL BREAKS (or whatever the parameters) for the benefit of OUR OWN economy... we make a living out of day trading...

there are enough politicians in our country to "look/care(???)" abt the country's economy... and they are the people who actually "earn" by commenting on the country's economic problems...

You seem to have good qualities of an opposition leader.... Go ahead & join politics... I m sure you will not get majority votes, but atleast you will get to sit in the opposition. Then maybe u can make money by making such commentary...

If u wanna do something for us, post your live day tradings so that we know u r a trader or just a politician... (and how capable r u)...

And just to aware you, this is "traderji.com" and not "mantriji.com"...

By the way, there is a mantriji who had made money by "commenting".. his website is

http: // tinyurl . com/6nvbwb

enjoy

No Sir! I don't have any interest in politics....my interest is limited to it's impact on general economics and the stock markets. I HAVE NO PARTY AFFILIATIONS OF ANY SORT!! I talked about Chidu only because the breakdown on the central govt is going to have a material impact on the stock market...in a very big way.

However, I don't trade daily. I think it's extremely risky in this market. However, here are my recommendations

- Trade the 'USD/INR' pair - USD will def rise between INR 45-50 over the next few months.

- I am waiting for a series of US bank failures. That will cause credit spreads to widen considerably. That would be a momentous opportunity to start picking up 'junk bonds' of relatively stable companies.