Nifty option trading

Stock trendy

Well-Known Member
dear friends i am posting weekly chart of dow from 2010(it may show 2012 but the horizontal sup. Line at 14250 is the peek attained during 2012 it's at the verge of collapse
there is something brewing hot be care full folks on long side
though we disconnected with us n uk market if there is similar to that of goldman sachs it would defiantly impact our market too..
Keep your stop loss in place.. Take care positional traders

watch closing below 17000 on weekly basis..

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ref.to this post
 
From my experience Option are Bets ... And if it;s current month option Never buy and hold .current option trading is like buy in morning square off till 3:29 profit / loss :p
if u notice Ce is not rising nor Pe is rising lol.
They hurting ppls on both sides.

Any ways best of luck ...
 

Stock trendy

Well-Known Member
There are two great mistakes traders make in processing information.

The first is to process market-related information in isolation. If we surround ourselves with smart people, we reap the benefits of parallel processing. Inevitably some colleagues will see things that we miss or see things that we see, but in unique ways. Opening ourselves to the ideas of others can help us think more critically about ideas we take for granted. At times we will lack confidence; at times we will suffer from overconfidence. In both situations, processing information in parallel with insightful peers can help us find the happy medium.

The second mistake we can make is to substitute the thinking of others for our own. Instead of first developing our hypotheses and then testing them against the ideas of others, we short-circuit idea generation and jump onboard ideas we hear from others without fully vetting those ideas. Little wonder that we then lack the true conviction to stick with those ideas when they move against us. When we substitute the judgement of others for our own, we reinforce a lack of confidence in our own abilities.

Steve Burns recently posted top tweets of the week--itself an interesting social approach to trading--and featured an interesting observation from Assad Tannous. Assad pointed out that if a trade isn't worth tweeting, it's not worth taking. In other words, if you care about the people you're addressing, you're not going to spew garbage. You're going to share ideas you think are genuinely worth sharing. What Assad is saying is that if an idea is good enough to give to someone you care about, it's good enough to have as a position.

The right teamwork can amplify our individual work. Several perceptive, creative people operating in parallel can see more of the world--and see the world in more ways--than any of the individuals in isolation. The right teams, whether in trading or in romantic relationships, make us better.
...http://traderfeed.blogspot.in/
 

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