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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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Post: #31  Posted: Thu Jul 04, 2013 9:35 am Post subject: |
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| casper wrote: | hi all, thanks for the reply
will try to write from today |
My God, white ghost has woken up like Kubhakarna! Wake up every one and take notice.  |
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casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
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| Post: #32 Posted: Thu Jul 04, 2013 9:39 am Post subject: |
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| rk_a2003 wrote: | After a long time an ideological quality discourse from casper, can’t resist throwing a few questions.
“ what is the reason of practicing t.a? to understand the movement of 'smart money" .......story ends”
T.A boiled down in to this sentence... well,we only can understand once smart money starts moving.... not before. Then, what makes smart money to make moves?
“so what in fact we do in market? we gamble , for some adrenaline rush”
Is there a single trader exists who can say that “NOW I am above it”?…I doubt unless Buddha reborn as a trader ( Am I insulting Buddha?!). |
i am not yet smart money holder  , ok jokes apart
u may remember an old feud, about bigger picture and chart which perhaps created some unease...... i am not going to rekindle it, but what i said that day , i say again , coz ur first question is related to that answer.
i said, our source of network , tv, internet, magazines and periodicals, from where we derive information generally, these are slower medium, they show us a news abt a company or may be a nations financial credentials and we take it as a fresh and latest development.
but , financial news are results of human action, these are not like a tsunami which comes as bolt from the blue.
so there is very much chance , at least in my view, that these news reaches to the 'smart money holder' first and when its okey to let it out, it reaches to our medias and we get to know
every one of us has seen many times that even after positing a great result , a share's price is dropping to a rock bottom,whereas,after a good result, it was 'supposed' to go up, why this happens?
it seems that some one, much much before coming out of the news, took position in that stock and when news broke out, they used that occasion just to book profit
now, as a layman i see, some one , god knows how, but came to know what is going to be the result and took positions accordingly and at the end of the day, i see he or they made money while most of us lost
i call him smart guy and his money, smart money
now , coming to ur present question, what makes him move?
again i dont know but i can guess, if by investing some lakhs, i could be glued to my chart and some one else could be glued to their favorite news outlet (media, tv, magazine) so i guess those who invest hundred of crores can find their ways to the 'kitchen' where the news is 'actually cooking' even before it is supposed to be 'served'
thats why i concluded that news no matter which channel or which expert is saying, may never give u the true bigger picture
one may agree or not, thats their choice, but its my explanation for movement of smart money
but what happens when it moves?? we see their accumulation or distribution in our charts, one can not create a bigger position without making bigger volume, apart from that there will be more signs and signals which let us know that their movement is going on, and if we position ourselves well we generally win.
thats why personally i prefer a chart over a report in some business news paper, but its a matter of personal choice.............
but i think as u said , we only can understand that they moved or moving , only after starting their moves.
now ur last question about gambling
if u think that every trade placed in stock market is a form of legal, may be sophisticated gambling, then i hv nothing to say
but what is gambling any one?? this is a question to u and i am sure u will reply in ur leisure , but here goes how i see a gamble
1. if one is unaware of the risk of his action, then knowingly or unknowingly, he is gambling,
2. if one is aware of his risk but still taking unnecessary risk , again, he is gambling.
3.if the person dealing in some thing which he does not understand, its a gambling
every business comes with risk , can u show me one business where there is no risk??
hell, even a vegetable seller has his share of risks, price may get down below his buying price his product may get rotten etc etc
but i cant remember watching any one destroying his products knowingly or unknowingly and then blaming it on market force or unforeseen activities of others. u might help here
every one takes risk, even when u drive u take risk, road accidents are not rare
but driving while our back teeth floating in alcohol is a gambling
so what i conclude, in market, like any where else, we are supposed to take risk . thats occupational hazard and has nothing to do with gamble
but the moment we forget about the risk we r taking, we dont take steps to manage our risk effectively and logically , we end up being a gambler
so i think we dont need to disturb Budhha yet , if we take a serious look into our actions , and try (i mean it) to reactify whatever lil or big flaw we may have within us, may be we can say ' i am over it now " bcoz risk management alone separates the winner from the loser |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #33 Posted: Thu Jul 04, 2013 9:43 am Post subject: |
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itna typing karke ungali kaise dukhta nahi hai?
how come you found so much time dear? |
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casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
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| Post: #34 Posted: Thu Jul 04, 2013 9:46 am Post subject: |
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| vinay28 wrote: | itna typing karke ungali kaise dukhta nahi hai?
how come you found so much time dear? |
aap ke lie tau jaan bhi haazir hai.... time kya badi baat hai???
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #35 Posted: Thu Jul 04, 2013 9:55 am Post subject: |
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| casper wrote: | | vinay28 wrote: | itna typing karke ungali kaise dukhta nahi hai?
how come you found so much time dear? |
aap ke lie tau jaan bhi haazir hai.... time kya badi baat hai???
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thank you dear. God bless you! |
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naturalgas
White Belt
Joined: 12 Sep 2012
Posts: 307
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| Post: #36 Posted: Thu Jul 04, 2013 12:02 pm Post subject: |
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Hi,
just want to make a comment, there is thread in commodities section called lead aluminium and zinc from past 6 months i am viewing that thread, they are earning consistently..
Regards,
Ng.. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #37 Posted: Thu Jul 04, 2013 5:00 pm Post subject: |
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Casper,
It’s a classic debate that never ends between Fundamentals Vs Technicals.Thanks for your post.It is hard to find any irrational arguments with you.
I have gone through sufficient literature arguing in favor of fundamental analysis and also in favor if T.A.
I beleive that there is a need to synthesize both of them. Someone who can do that to a reasonable extent may do better than pure T.A / F.A followers .That’s what I believe; by saying this I am not declaring that I am able to do that.
Due to my belief I do pose contrarian questions to both T.A and F.A believers. For someone who follows T.A and say “I don’t care about F.A” it doesn’t matter. I know few experts here who declared that. For someone who relies on F.A and says “trading based on T.A is sure way to fail” it doesn’t matter too…..For people like me who see the advantages and disadvantages in both of them …It could be a hard task.
Finally, I would like to say F.A can see far ahead of news and data. F.A is not confined just to data released by mainstream channels. It can employ lot of methods which can bring out the truth behind distortions, lies and can employ methods which can separate grain from chaff and also can see the headline economic events far earlier….. much before they happen.
| casper wrote: | | rk_a2003 wrote: | After a long time an ideological quality discourse from casper, can’t resist throwing a few questions.
“ what is the reason of practicing t.a? to understand the movement of 'smart money" .......story ends”
T.A boiled down in to this sentence... well,we only can understand once smart money starts moving.... not before. Then, what makes smart money to make moves?
“so what in fact we do in market? we gamble , for some adrenaline rush”
Is there a single trader exists who can say that “NOW I am above it”?…I doubt unless Buddha reborn as a trader ( Am I insulting Buddha?!). |
i am not yet smart money holder , ok jokes apart
u may remember an old feud, about bigger picture and chart which perhaps created some unease...... i am not going to rekindle it, but what i said that day , i say again , coz ur first question is related to that answer.
i said, our source of network , tv, internet, magazines and periodicals, from where we derive information generally, these are slower medium, they show us a news abt a company or may be a nations financial credentials and we take it as a fresh and latest development.
but , financial news are results of human action, these are not like a tsunami which comes as bolt from the blue.
so there is very much chance , at least in my view, that these news reaches to the 'smart money holder' first and when its okey to let it out, it reaches to our medias and we get to know
every one of us has seen many times that even after positing a great result , a share's price is dropping to a rock bottom,whereas,after a good result, it was 'supposed' to go up, why this happens?
it seems that some one, much much before coming out of the news, took position in that stock and when news broke out, they used that occasion just to book profit
now, as a layman i see, some one , god knows how, but came to know what is going to be the result and took positions accordingly and at the end of the day, i see he or they made money while most of us lost
i call him smart guy and his money, smart money
now , coming to ur present question, what makes him move?
again i dont know but i can guess, if by investing some lakhs, i could be glued to my chart and some one else could be glued to their favorite news outlet (media, tv, magazine) so i guess those who invest hundred of crores can find their ways to the 'kitchen' where the news is 'actually cooking' even before it is supposed to be 'served'
thats why i concluded that news no matter which channel or which expert is saying, may never give u the true bigger picture
one may agree or not, thats their choice, but its my explanation for movement of smart money
but what happens when it moves?? we see their accumulation or distribution in our charts, one can not create a bigger position without making bigger volume, apart from that there will be more signs and signals which let us know that their movement is going on, and if we position ourselves well we generally win.
thats why personally i prefer a chart over a report in some business news paper, but its a matter of personal choice.............
but i think as u said , we only can understand that they moved or moving , only after starting their moves.
now ur last question about gambling
if u think that every trade placed in stock market is a form of legal, may be sophisticated gambling, then i hv nothing to say
but what is gambling any one?? this is a question to u and i am sure u will reply in ur leisure , but here goes how i see a gamble
1. if one is unaware of the risk of his action, then knowingly or unknowingly, he is gambling,
2. if one is aware of his risk but still taking unnecessary risk , again, he is gambling.
3.if the person dealing in some thing which he does not understand, its a gambling
every business comes with risk , can u show me one business where there is no risk??
hell, even a vegetable seller has his share of risks, price may get down below his buying price his product may get rotten etc etc
but i cant remember watching any one destroying his products knowingly or unknowingly and then blaming it on market force or unforeseen activities of others. u might help here
every one takes risk, even when u drive u take risk, road accidents are not rare
but driving while our back teeth floating in alcohol is a gambling
so what i conclude, in market, like any where else, we are supposed to take risk . thats occupational hazard and has nothing to do with gamble
but the moment we forget about the risk we r taking, we dont take steps to manage our risk effectively and logically , we end up being a gambler
so i think we dont need to disturb Budhha yet , if we take a serious look into our actions , and try (i mean it) to reactify whatever lil or big flaw we may have within us, may be we can say ' i am over it now " bcoz risk management alone separates the winner from the loser |
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casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
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| Post: #38 Posted: Fri Jul 05, 2013 7:22 pm Post subject: |
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but bottom line is , its a matter of personal choice
so its not going to be decided by argument any way
ok now serious matter ........
today got some free time and going to write about a method which i followed lately, plz do check and comment
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