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  1. Taurus1

    The Nifty Trading Lounge

    Sgx down 1.38 %%%%%% The real game starts on Tuesday when the actual numbers come out....... today's move is more of guesswork. Ok, who all are holding longs and who all are holding shorts?? Be an expert and show your position after the direction is known.
  2. Taurus1

    The Nifty Trading Lounge

    On the day I posted this, there was a spike up at the open, so I added some more puts. Almost a week over yesterday and it's at about the same place, where it started from I refuse to hold any position during settlement week, so closed all. This is the reason I decided to not trade here...
  3. Taurus1

    The Nifty Trading Lounge

    As usual, the chors, er institutions keep it sideways until after the event is over........ and then only reveal the real direction. A major support is at 10565 s , as it breaks, the high voltage move starts. An old friend has arrived with his wife, they are here for a few days before...
  4. Taurus1

    The Nifty Trading Lounge

    Some call it unconventional thinking, others might call it uncommon common sense. I call it doing what makes money. Insanity is doing the same thing over and over again and expecting a different result - Tony Robbins Whatever calculations I did, were upto the end of my last trade in Sept...
  5. Taurus1

    The Nifty Trading Lounge

    There are times when staying out is the best bet. The gaps up and down would have slammed many...............which is the most important reason for timing the market correctly and getting in only before a trend starts. The knowledge never started with me and cannot end with me. I am not dumb...
  6. Taurus1

    The Nifty Trading Lounge

    Time for a reality check Posted on Aug 31st The main position was 11600 puts and some Yesbank puts ......... 11400 puts added 1 week later Entry1 was stopped out and and I got in again at entry 2....... Exit was at the blue arrow I bought 11600 puts at 93 And sold at 570...
  7. Taurus1

    The Nifty Trading Lounge

    On Saturday, I went to my broker's office. Just last week all of them were worried about losing their jobs and the branch closing down if Sebi changed policies. The hot topic was a certain expert who shall remain nameless, who used to post screenshots of his account on Twitter. I had seen that...
  8. Taurus1

    The Nifty Trading Lounge

    Hopefully, a lot of suckers, er traders would have made a pile of bucks off this. The mother of all gaps is coming...... half a working brain cell needed to figure out the date..........even a few "experts" may actually get it........after a lot of thinking. Zac Efron & Zendaya - Rewrite...
  9. Taurus1

    The Nifty Trading Lounge

    High acceleration zone coming up And I'm in Hopefully I'll add to my puts if the gap isn't too big, stop at yesterdays low. Many suckers, er investors are looking at value buys........ there is lots more value coming ahead.
  10. Taurus1

    The Nifty Trading Lounge

    In Jam, I made the chart for the year so that I would know my number of trades and entry/exit dates. There were 4 trades in total. The first trade was the Feb crash, my entry was perfect and exit was slightly late for 30% of the position. The second trade was the recovery from the...
  11. Taurus1

    The Nifty Trading Lounge

    And out again on Friday............ they are going round and round, just wasting time and options premium. Rig it for another 2 days + 1 holiday and 3 days premium is in the bag. I'm in again when I get an entry below 11445 s
  12. Taurus1

    The Nifty Trading Lounge

    There are times when I wonder if the future is preordained................ if it wasn't, then it would not be possible to forecast the market. Many zero performance experts who said over and over that the market cannot be timed....... prediction never works...... etc etc would actually be right...
  13. Taurus1

    The Nifty Trading Lounge

    And out again on Friday at cost. It looks like they are trying very hard.to prove a point ............. and that is a big red flag to keep out. Must read This Favorite Warren Buffett Metric Tells Us a Stock Market Crash Could Be Coming...
  14. Taurus1

    The Nifty Trading Lounge

    I knew they wee going to rig it .............. and they surpassed all expectations. A lot of people got fooled but that was the whole purpose of the move. Yesterday, I wanted to buy puts after the Rbi announcement but was busy in office...... by the time I remembered, the market had closed...
  15. Taurus1

    The Nifty Trading Lounge

    There were just 3 stocks propping up the US markets, FB AMZN and NFLX. After bad earnings last week, FB got slammed by 19%. Guess which stock holds the top position in hedge fund portfolios? The same situation is here.................just 3 stocks propping it up and making new highs while...
  16. Taurus1

    The Nifty Trading Lounge

    The market has been very confusing, many zero performance experts are haunting this thread hoping for something to re distribute to their suckers, er clients. My last post got 1000+ views, 1000 to 1500 is now the average ...........that is very worrying for a few........ anytime now expect...
  17. Taurus1

    The Nifty Trading Lounge

    As expected, all zero performance experts are now bullish, wait for talk of mutli decade bbuulll markets to start, then grab your money and run Yesterday I closed my kotak calls at 1386..... more to go and the high is not yet in, but I am going out of town. Today's newspapers, the wsj and the...
  18. Taurus1

    The Nifty Trading Lounge

    From the time I discovered how to define high/low levels, I stopped worrying about inversions. When I know where the endpoint is, it does'nt matter how many reversals there are in between. I'm not trading the choppy areas anymore, where most inversions take place. In June, so many suckers, er...
  19. Taurus1

    The Nifty Trading Lounge

    18 Times The Fed Has Gone Through A Rate Hiking Cycle, And 18 Times It Has Caused A Huge Stock Market Decline And/Or A Recession...
  20. Taurus1

    The Nifty Trading Lounge

    A position I opened on April 9th and 80% closed on May 11th So much urgency to know the high date and price.... My post before this one got 1200 views in 6 days The Nifty is almost at the low of 10400 s which is the high of my entry bar of April 9th..... today is settlement, so expect...