Ashwani Gujral's Review!

There is no magic methods by which one can do make money in the markets consistently

You are responsible for your own trades. If not so far, kindly learn how to become responsible for your own trades.

This is not 100% true. Traders who are successful in bear markets use to fail in bull markets. Change yourself as the market keeps changing. It is all about surviving thru evolution. "Survival of fittest"

Every one is ordinary.

Oh! Come on friend. You don't need recommendations. You really need knowledge and skills.

Good Wishes

i think i know why these cnbc guys are so miserable. i believe they are trying to follow elliot wave. after making money in the bull 5 wave pattern(trust me, that was easy), they are totally lost in bear mkt 3 wave pattern(the difficult part of wave study). i think most of them are either not giving elliot his due(spending atleast 12 hrs a day in front of chart) or their basics are really poor. they should just return to their basics instead of trying to predict the future using wave. i am not doubting their analytical skills. most of them are very experienced. but they are just refusing the fact that wave is the most difficult tool to master and most important of all they are just refusing to change. they are playing with public sentiment and making actual pattern count very difficult.

I think trading a bear market is more easy than trading a bull market.

Any reason for saying that.

I think its always more difficult to trade the Counter trend to the original Trend. We may trade well on short side in Weekly, Daily or smaller time frames because the trend is down on Monthly charts.

But the Secular or Yearly trend is still up, so I think what we are in is a Counter Trend to Largest Trend. It would be much easier to make money once Monthly trend turns up and starts to agree with Secular Trend.

In bear markets the volatility ti too high which is important for a trader to make money.It took 4 years for the bulls to take the market from 1000 to 6000 and the bears took less than a year to hammer it down to 2250.Prices fall faster than they go up so i like to trade the bear market.

Dear Rajath,

Pls post historical bse & nse eod data from the start in metastock format.

Trading is easy as long as it is easy, in any market

Volatility creates opportunities and risks on the other hand. It is not the volatility that makes a trade easy. The decision take by the trader to make use of volatility and one's capacity to manage the trades are of greater importance IMO.

If you take that 1000>>6000>>2250 in % terms your comment will get reversed.

1000 >> +600% >> 6000 >> -62.5% >>2250

>>
Because price moves in % terms.
The effort to make 100->150 will match with the effort to make 150->75 only and not 150->100.

You can trade 1/4th of your capacity in volatile market and make money.
You can make some money without much risk and being emotional. If I trade 200 nifty usually , I trade only 50 nifty in volatile and most of the time I make money if I trade only 1 lot nifty, when I trade 4 to 6 lots Nifty I usually make loss.
Just try trading only 1 lot in volatile market........Never Never leverage in volatile Market...........Happy Trading.