General Trading Chat
- Thread starter timepass
- Start date
- Tags idle thoughts trading talk only
Do you trade bull market also.
I seriously doubt
I seriously doubt
But yes no doubt I'm currently in predicament. I need "help" in trading tho I'm not running losses (I do make money hence have survived for so long), I need help bcos my mindset refuses to believe that bull run has indeed began. It says its a temporary upmove and I should make good of it but fears comes in the way saying your SL will get hit if you ignore the data, figures and facts!! Therefore I'm currently in highly cautious mode, however I traded heavy longs after a long time on the budget day when it became crystal clear that it's the bulls day. That is how I recovered good bit of my losses in puts. Only a genuine help is welcomed not a mean dig on me
Yes, I really do. Like I did during the real bull market of 04-07. I also traded longs post Narendra bhai victory... then something struck me in between... as a facts, figure and data guy they keep telling me that this bull market is surreal, has no legs, is build on hope and Modi only... all these things converted me from neutral guy to a bearish guy. Maybe I'm ahead of time and I may prove right in the long run. Or maybe I not if economy makes a sharp recovery, earning etc shows meaningful improvements.
But yes no doubt I'm currently in predicament. I need "help" in trading tho I'm not running losses (I do make money hence have survived for so long), I need help bcos my mindset refuses to believe that bull run has indeed began. It says its a temporary upmove and I should make good of it but fears comes in the way saying your SL will get hit if you ignore the data, figures and facts!! Therefore I'm currently in highly cautious mode, however I traded heavy longs after a long time on the budget day when it became crystal clear that it's the bulls day. That is how I recovered good bit of my losses in puts. Only a genuine help is welcomed not a mean dig on me
But yes no doubt I'm currently in predicament. I need "help" in trading tho I'm not running losses (I do make money hence have survived for so long), I need help bcos my mindset refuses to believe that bull run has indeed began. It says its a temporary upmove and I should make good of it but fears comes in the way saying your SL will get hit if you ignore the data, figures and facts!! Therefore I'm currently in highly cautious mode, however I traded heavy longs after a long time on the budget day when it became crystal clear that it's the bulls day. That is how I recovered good bit of my losses in puts. Only a genuine help is welcomed not a mean dig on me
for an intraday trader it does not matter what data says it is what the chart says.....and whether your method of looking at the chart (whatever your trading timeframe) has a positive latency will low drawdown
For a positional trader it is about catching the 2-3 or 1-2 week swings either way again it does not matter what the data says....it is what your higher TF (60, daily or whatever you use for it says)
if investor then yes you may worry when there is a long term bull or not, but then if technical trader it still can be about weekly chart / monthly charts or 50DMA, 100DMA and 200DMA what it is doing
with you being active here I presume that the 1st two are also part of your activity then forget fundamentals and go by chart .....my view
btw I was a bear .....but now only mild bearishness (hopefully)....tend to still take shorts easier and longs delayed a bit....but then when things work and get money in bank it helps to reduce the bias
Yes, I really do. Like I did during the real bull market of 04-07. I also traded longs post Narendra bhai victory... then something struck me in between... as a facts, figure and data guy they keep telling me that this bull market is surreal, has no legs, is build on hope and Modi only... all these things converted me from neutral guy to a bearish guy. Maybe I'm ahead of time and I may prove right in the long run. Or maybe I not if economy makes a sharp recovery, earning etc shows meaningful improvements.
But yes no doubt I'm currently in predicament. I need "help" in trading tho I'm not running losses (I do make money hence have survived for so long), I need help bcos my mindset refuses to believe that bull run has indeed began. It says its a temporary upmove and I should make good of it but fears comes in the way saying your SL will get hit if you ignore the data, figures and facts!! Therefore I'm currently in highly cautious mode, however I traded heavy longs after a long time on the budget day when it became crystal clear that it's the bulls day. That is how I recovered good bit of my losses in puts. Only a genuine help is welcomed not a mean dig on me
But yes no doubt I'm currently in predicament. I need "help" in trading tho I'm not running losses (I do make money hence have survived for so long), I need help bcos my mindset refuses to believe that bull run has indeed began. It says its a temporary upmove and I should make good of it but fears comes in the way saying your SL will get hit if you ignore the data, figures and facts!! Therefore I'm currently in highly cautious mode, however I traded heavy longs after a long time on the budget day when it became crystal clear that it's the bulls day. That is how I recovered good bit of my losses in puts. Only a genuine help is welcomed not a mean dig on me
If you remember that "dont argue with the markets,follow them....."that may help changing your mindset.
Smart_trade
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