Update your present status

rajputz

Well-Known Member
#1
hi everyone,

traderji is a community site we use to communicate with other traders and share our view, psychology, strategies etc. thought of starting a thread where we can update our current status as on most of the community site....strictly regarding stock market....what we feel....whats our fear at the present moment....whats our strength....lets make it feel real....share it with everyone....lets see what majority is thinking at present about stock market we are working in....
 

AW10

Well-Known Member
#6
I am scared if it breaks this biggest trend line also....where will it go.....:mad:
To satisfy your analytical mind, look at various MA and fib retracemnt levels for next supports.

but keep in mind, when mkt falls, any suuport level can get broken and when it goes up , any resistance level can get broken.

Better to be be with the current stage of mkt and forget looking too far in the future.
Let Analysts do that cause they earn their living from those targets. We trader earn our living from putting our money on what is going on currently in the mkt. If it is going down, then we are short, and if it is turns up, then we are long..

Happy realistic trading.
 

rajputz

Well-Known Member
#7
To satisfy your analytical mind, look at various MA and fib retracemnt levels for next supports.

but keep in mind, when mkt falls, any suuport level can get broken and when it goes up , any resistance level can get broken.

Better to be be with the current stage of mkt and forget looking too far in the future.
Let Analysts do that cause they earn their living from those targets. We trader earn our living from putting our money on what is going on currently in the mkt. If it is going down, then we are short, and if it is turns up, then we are long..

Happy realistic trading.
Coming monday is confusing the actions....cant predict where should we go...i think it will be sit and watch day for me....
 

rajputz

Well-Known Member
#8
I hate weekends... :mad: .....nothing to do....banda padhe b kitna....ab to ankhe b dard kar rahi....
 

rajputz

Well-Known Member
#10
i have many long position at 5270. I am desperate. pl advise what to do/ it is a total wipe out
this year will be tough according to rumors...but if you just adjust your self to following the trend you will be successful. nifty is in indecision according to me for Monday. Giving downtrend sign personally speaking. you should always use the stop loss when trading....it protects you from these cases....you have gone long at very high level. cant decide what to suggest you as its your money at stake....also the future date is only three days far....if it recovers on monday then you can wait till thursday....might be you get out at lower loss...if the trend follows after that to bullish mode then after squaring this month future you can buy the next future at the same time....but only if nifty is going up...
 

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