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The Simplest Way-750 Point PM |
nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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Post: #331  Posted: Thu Jan 12, 2012 9:49 am Post subject: |
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| Today IIP data & Weekly inflation data would be watched |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #332 Posted: Thu Jan 12, 2012 10:44 am Post subject: |
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| gm nakum,pls explain me reason fr 9.30 trades,as i m little bit confused ,how tu take entry based on 9.30 rule? |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #333 Posted: Thu Jan 12, 2012 10:55 am Post subject: |
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| forexmoney wrote: | | gm nakum,pls explain me reason fr 9.30 trades,as i m little bit confused ,how tu take entry based on 9.30 rule? |
I have always been a person ruled by my mind and driven by my fears. Before taking any decision, I used to be scared but would soon realise that I am living for myself and people who bother about me and not
for any third person. Then why think about society and why don’t we take
decisions instead of thinking
about the consequences?
During moments of fear, I remind myself, “Fear is a conditioned response, a life-draining habit that can easily consume your creativity and spirit if you are not careful. When fear rears its ugly head, beat it down quickly. The best way to do that is to do the thing you fear, fast!” We are so much overpowered by fear that we start being slaves of an unknown and nonexistent ‘master’.
We are scared and we don’t take risks as we have the fear of failing.
And then, one day, I decided that I will be a risk taker; at least taking risk will assure me of my existence rather than dying slowly, in fear.
Fear is for losers and cowards, risks are for the brave. It’s better to be a soldier and die with your will, than to be a mouse and die with someone else’s pill.
I take risk with everything now whether it’s decision of going to a different place for studies or it’s just a personal decision. But whatever decision I take is a well-thought and determined one.
Risk takers are game changers; they turn the table on their side and rule the world. Imagine, if Bhagat Singh had been horrified of death, would he have made a mark in the national struggle? If the first person who climbed the Mount Everest, Edmund Hillary, had fears of heights or fear of losing, could he have made it?
People who don’t fear are indeed the people who live life freely and fully; they are the ones who have freedom from their thoughts and theories. They have just one theory—life is larger than fear. |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #334 Posted: Thu Jan 12, 2012 11:11 am Post subject: |
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SL trigger 25 point @ 4885
pls wait for new position |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #335 Posted: Thu Jan 12, 2012 11:24 am Post subject: |
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| bought @ 4871 |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #336 Posted: Thu Jan 12, 2012 11:29 am Post subject: |
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in last two month second time IIP data's day sl trigger
so next time avoid trade before IIP data |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #337 Posted: Thu Jan 12, 2012 11:48 am Post subject: |
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Dear Umesh
safalta ke liye person ko hard work, dherya ke sath sahas ki bhi sakhta jarurat hoti hai
koi bhi strategy perfect nahi hai lakin jo maximum profit de wahi sahi hai
esame jo correction trade experience ke anusar jaruri lag rahe wo mai kar raha hu.
dekhate hai monthly final shit me kya hota hai |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #338 Posted: Thu Jan 12, 2012 11:58 am Post subject: |
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| nakum, I think not just day of IIP nos. but also inflation and RBI policy. Three main event days when FA rules. |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #339 Posted: Thu Jan 12, 2012 12:01 pm Post subject: |
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SL trigger @ 4846 25 point
for new entry pls wait |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #340 Posted: Thu Jan 12, 2012 12:22 pm Post subject: |
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| vinay28 wrote: | | nakum, I think not just day of IIP nos. but also inflation and RBI policy. Three main event days when FA rules. |
Dear Vinay
you are right. next time this 3 no. jab tak declare nahi ho jate tab tak avoid trade
in this strategy my 2 1/2 month trade experience mai pahali bar 2 full SL ( 25 point ) ke trigger huye hai. generally es strategy mai etana bada SL nahi hota hai
thanks |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #341 Posted: Thu Jan 12, 2012 12:25 pm Post subject: |
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| also there is something like core index coming on 16th Jan. I am not sure what it is |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #342 Posted: Thu Jan 12, 2012 12:38 pm Post subject: |
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| someone shorted nifty as i solded? |
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tnandkumar
White Belt
Joined: 04 Jan 2010
Posts: 19
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| Post: #343 Posted: Thu Jan 12, 2012 12:41 pm Post subject: |
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| hi forexmoney sir,i shorted at 4740 |
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nakum
Brown Belt
Joined: 10 Jan 2008
Posts: 2252
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| Post: #344 Posted: Thu Jan 12, 2012 12:48 pm Post subject: |
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no i dont sold
but your trade is right
i discuss some policy matter |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #345 Posted: Thu Jan 12, 2012 12:56 pm Post subject: |
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| i solded at 4838 now |
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