Intraday NF
- Thread starter kthakker0
- Start date
05/07/2017 Wednesday
Hi,
It becomes painful (at times extremely) if we don’t understand the Psychology of the market we are trading.
I was successful in using some other strategy, when I came across the current one. So in order to concentrate on this new strategy I overlooked my already successful one.
As we all know there is “No Free Lunch” I understood something new that started benefiting me from Tuesday.
Stock market Psychology
You see, market is fighting with us all (Traders, Arbitrators, Investors, MF, DII’s, FII’s, Scalper and the likes) single-handedly, and we have heard stories of market destroying fortunes of many.
But there are some who understand's market like the back of their hand and have made fortunes. So how is this possible?
Well! Market always gives Signal(s) of what it’s going to do, and yet many of us have failed to see / read it, ultimately experiencing a missed Rally or a Fall. So why do we fail to Read or See the Signal(s)?
The Dreaded One Target System
Before I enter the trade I had my (One) Target and I kept trading with that One Target in mind.
This “One Target System” asphyxiated me so much that I did not see Reversal Signals market was showing. At times I have missed the Loud and Clear Changing Signals given by market and incurred losses.
Getting asphyxiated to One Target has Failed me many times over.
But this is also the “System” that has helped me make Money. So how could I ignore it?
Since I could not ignore it I have changed it by added some more layers / information in this system and have made it Dynamic.
My One Target System failed because "Market is Dynamic" and "One Target System is Static".
Now my One Target System has changed to "Dynamic Multi Target System"
The system not only matches the Dynamism of the market but also changes easily in Real Time whenever Market gives the Reversal Signal
I have back tested in 1, 5, 15 and 60 minute chart, market have always changed from one of the "Dynamic Multi Target System" level
My New Trading Style
So now I don't keep One Target in sight but I have a list of Potential Trend Target(s).
I have started this type of trading from Tuesday 04/07/2017 and it has helped me a lot.
I enter the trade at one target and pocket the profits when Market shows Intraday Reversal Signals at other target.
This strategy has helped me in many ways some of which are listed below
I will try to give those Real Time Signals as and when it happens.
Bye
Hi,
It becomes painful (at times extremely) if we don’t understand the Psychology of the market we are trading.
I was successful in using some other strategy, when I came across the current one. So in order to concentrate on this new strategy I overlooked my already successful one.
As we all know there is “No Free Lunch” I understood something new that started benefiting me from Tuesday.
Stock market Psychology
You see, market is fighting with us all (Traders, Arbitrators, Investors, MF, DII’s, FII’s, Scalper and the likes) single-handedly, and we have heard stories of market destroying fortunes of many.
But there are some who understand's market like the back of their hand and have made fortunes. So how is this possible?
Well! Market always gives Signal(s) of what it’s going to do, and yet many of us have failed to see / read it, ultimately experiencing a missed Rally or a Fall. So why do we fail to Read or See the Signal(s)?
The Dreaded One Target System
Before I enter the trade I had my (One) Target and I kept trading with that One Target in mind.
This “One Target System” asphyxiated me so much that I did not see Reversal Signals market was showing. At times I have missed the Loud and Clear Changing Signals given by market and incurred losses.
Getting asphyxiated to One Target has Failed me many times over.
But this is also the “System” that has helped me make Money. So how could I ignore it?
Since I could not ignore it I have changed it by added some more layers / information in this system and have made it Dynamic.
My One Target System failed because "Market is Dynamic" and "One Target System is Static".
Now my One Target System has changed to "Dynamic Multi Target System"
The system not only matches the Dynamism of the market but also changes easily in Real Time whenever Market gives the Reversal Signal
I have back tested in 1, 5, 15 and 60 minute chart, market have always changed from one of the "Dynamic Multi Target System" level
My New Trading Style
So now I don't keep One Target in sight but I have a list of Potential Trend Target(s).
I have started this type of trading from Tuesday 04/07/2017 and it has helped me a lot.
I enter the trade at one target and pocket the profits when Market shows Intraday Reversal Signals at other target.
This strategy has helped me in many ways some of which are listed below
- I have the Trend in Sight.
- I have all the possible Trend Targets at my disposal
- I am able to adjust the Market Intraday Signals in Real Time.
- I can possibly say I can figure out the Time the Trend is going to change.
- I am free from One Target Asphyxiation
- The strategy of Max Reward from the Trend is maintained
- The Loss is reduced substantially.
I will try to give those Real Time Signals as and when it happens.
Bye
14/07/2017 Friday
Hi,
Political and more so Fundamental News has the ability to change the Trend and the technical prediction / forecast goes flying out of the window.
No matter what type of new(s) is played, levels have and will always hold. At times it seems that impossible to achieve that level but News has the power to kick start them flying whereas market will take its own time to digest and after digesting the levels will be back to what they were doing.
The recent upheaval in the market has been a Boon to me and a luck by instance chance, which proved that my Dynamic and Static levels work flawlessly.
For me the rally seems to have ended @ today's high price. My SL 9911-9922
NF struggling to trade above 9885 (One of my Dynamic level) is the 1st sign of impending fall
Dynamic levels btwn 9922 - 9845 are for my intraday ref.
But sentimental fall should start after NF is trading below 9845
1st 9800
2nd 9730
Let's C how mkt performs from now on.
Bye
Hi,
Political and more so Fundamental News has the ability to change the Trend and the technical prediction / forecast goes flying out of the window.
No matter what type of new(s) is played, levels have and will always hold. At times it seems that impossible to achieve that level but News has the power to kick start them flying whereas market will take its own time to digest and after digesting the levels will be back to what they were doing.
The recent upheaval in the market has been a Boon to me and a luck by instance chance, which proved that my Dynamic and Static levels work flawlessly.
For me the rally seems to have ended @ today's high price. My SL 9911-9922
NF struggling to trade above 9885 (One of my Dynamic level) is the 1st sign of impending fall
Dynamic levels btwn 9922 - 9845 are for my intraday ref.
But sentimental fall should start after NF is trading below 9845
1st 9800
2nd 9730
Let's C how mkt performs from now on.
Bye
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