Dan,
I never take anything personally. So please don't worry about that my friend
There is a reason why I am open so much. Through out the forum, when I read how many people lose money, it hurts me a bit. It hurts me because in this phase, FII's are making so much money and most of my countrymen aren't. If I can tell them what the right direction is, what's the harm in that?
I know everyone knows about my knowledge. But if that knowledge is not useful for anyone to save/make money, then what's the use of writing here? This is precisely why I am always opening up my mind here. I am a flexible trader, but I am always a Bullish Investor. For the next many years I will continue to be a Bullish "Biased" Investor because of many reasons I cannot even explain in words.
I am not asking anyone to buy now. But when the right time comes, I will definitely say to do so. I think I wrote sometime back that I belong to the Paul Tudor Jones School of thinking and I think the most important thing according to him for any trader/investor is to "know" the long term price direction of the market he trades/invests in. Hence this is what I am highlighting here. That is, "The Long Term, Price direction of India".
Tc
I never take anything personally. So please don't worry about that my friend
There is a reason why I am open so much. Through out the forum, when I read how many people lose money, it hurts me a bit. It hurts me because in this phase, FII's are making so much money and most of my countrymen aren't. If I can tell them what the right direction is, what's the harm in that?
I know everyone knows about my knowledge. But if that knowledge is not useful for anyone to save/make money, then what's the use of writing here? This is precisely why I am always opening up my mind here. I am a flexible trader, but I am always a Bullish Investor. For the next many years I will continue to be a Bullish "Biased" Investor because of many reasons I cannot even explain in words.
I am not asking anyone to buy now. But when the right time comes, I will definitely say to do so. I think I wrote sometime back that I belong to the Paul Tudor Jones School of thinking and I think the most important thing according to him for any trader/investor is to "know" the long term price direction of the market he trades/invests in. Hence this is what I am highlighting here. That is, "The Long Term, Price direction of India".
Tc
Thanks for your answer. Got many of your points. You say : "" If I can tell them what the right direction is, what's the harm in that? ""
There is no right direction, as far as my experience counts. And that is the problem for the once witch lose money. You are enough experienced to go short and long. I know hedge fund manager witch only learned, how to go long ! Imagine ; they only learned how to go long and do not know, how to properly short the market :lol: and this as hedge fund managers.
Your knowledge and my is far better than the knowledge of this clowns. Your writing is as authentically like my writing is, even I am a little bit more wild some times . And here is the point. People do not make money with that you are mostly bullish in your mind. It is the way you are able to talk with your fellow people about certain market situations and how to handle them. That is the point I feel and see. I may wrong about that, but this is the momentum security you give to the traders as far as I recognize it. Very strong skill and for this and other qualities you have all my respect and friendship.
I not can much participate about that. Even then, only reading and some times opening some of my knowledge in your thread, is what I can give and how I participate in your thread and get some times new ideas. But let me leave that and come back to your post.
I may see some stuff a little bit different as you and this those no harm to any body. When it comes to trading, my view is mostly concentrated on time frames of a day or two or three or three or six months. Longer time frames for trading are out of my mind. If it comes to investing, it is done only in a very old fashioned and classical way : Real estate in the place I live, Gold and Platin instead of paper money, Swiss frank bonds and China Index Certificates. This is 80 % of a portfolio and the rest is in exotic and new technology papers. I do not have any long term price direction in my mind. Every thing is changeable when ever needed. My mentor also was called Paul, but not Tudor Jones. I not can say the name here, as I not have the permission to do so. I only can say Paul G.G. Any way, nice to have a Saturday morning chat with you and I wish, that you feel happy as moderator now.
Wow, only a few hours left to the ski race. If you are born here and grow up with this event, this is some thing special. Take care my friend.
DanPickUp