Saturday, 9 May 2020

Charts.

I have come to the conclusion that the charts will not help you to make money.

I am using my mind.

I spot low-risk instruments and work on market sentiments.

Money management and capital allocation for each trade are the Key.

Nowadays though I am not making big money, I am consistently in profits.

Textbook strategies and Borrowed minds does not work for me.


Wednesday, 6 May 2020

Santhosh Pasi - Option Oracle



Trade Systematically to Uproot the Emotions

Go for the system-based trading. If you are trading CASH or Future (intraday), I used to SET my trade. Here SET means, (Stop Loss, Entry, and Target). First I use to place Stop Loss (triggered market order), then place an order for entry. And later on, once you get entry, place order for Target. As soon as either Stop Loss or Target hits, cancel the other. 

Avoid Analysis Paralysis

I'm a non-directional trader. It may be occasionally non-directional but slightly bullish or bearish. Don't try to predict the market, but try to follow the market. While taking trades, I avoid lots of analysis I try to keep the trade plan as simple as possible.
If your trading is simple and boring, it means you are on the right path.
If your trading gives you excitement, it means it is just by chance and not planned one.


  • First draft your trade plan suitable for your personality.
  • Keep position size as small as possible.
  • Focus on a few sets of strategies and trade those.
  • If you are using technical indicators or oscillators, consider 3-5 only and not more.
  • Do not try to trade all asset classes, all time frames, etc.
  • You could be master of one or two things but can't be master of all.
  • If you are trading option, try indices instead of stocks.
  • If you are trading option, prefer to go for risk defined strategies only.
  • Manage your risk.
  • Do not do force trading. Very next moment, we may get an even better trade opportunity.

Monday, 6 April 2020

Bajaj Finance

Gold- New formation seen with its Target.

Courtesy: Lucy Morrison,Argentina.

Let’s see an amazing journey of every Human in pictures.
Swedish photographer Lennart Nilsson spent 12 years of his life taking pictures of the foetus developing in the womb.[1]
  • Sperm in the Fallopian Tube
Out of 140 millions only one is required.
  • An egg cell
Youngest baby pics.
  • Will they have a date?
‘Oh big bang theory!’
  • The Fallopian tube.
The rose takes the egg smoothly inside her cossy petals and offers it to the fastest bee.
  • Two sperms are contacting with the egg cell
Unbelievably beautiful! Technology of our age can not compare to this creation.
  • The winning sperm
Everybody in this world were once champion of billions.
  • Winning Moments
Created nature, and nature is awesome. But something that just came to be with no direction from intelligence could ever, ever get to this.
  • The sperm 5-6 days
The clump has developed into a blastocyst, containing many more cells, and has entered the womb.
  • 8 days
The human embryo is attached to a wall of the uterus.
  • The brain starts to develop in the human embryo
Glory to Evolution!
  • 24 days
The one-month-old embryo has no skeleton yet. There is only a heart that starts beating on the 18th day. That makes it human.
  • 4 Weeks
Glory to evolution!
  • 5 weeks
Approximately 9 mm. You can now distinguish the face with holes for eyes, nostrils and mouth.
  • 40 days
Embryonic cells form the placenta.This organ connects the embryo to the uterine wall allowing nutrient uptake, waste elimination and gas exchange via the woman’s blood supply.
  • 8 weeks
The rapidly-growing embryo is well protected in the foetal sac.
  • 10 weeks
The eyelids are semi-shut. They will close completely in a few days. At this stage 16 weeks, i think it is still legal to have an abortion.
  • 16 weeks
The foetus uses its hands to explore its own body and its surroundings.
  • The skeleton consists mainly of flexible cartilage
A network of blood vessels is visible through the thin skin.
Just a thought - This child has no skin colour - is neither black, brown, white or anything else. We ALL started the same way.
  • 18 weeks
Approximately 14 cm. The foetus can now perceive sounds from the outside world.
  • 19 Weeks
Your baby has fingernails!
  • 20 weeks
Approximately 20 cm. Woolly hair, known as lanugo, covers the entire head.
  • 24 weeks
Beautiful!
  • 26 Weeks
Amazing Creation. Isn’t it?
  • 6 months
The little human is getting ready to keep the womb. It converts upside-down given that it will undoubtedly be simpler to get-out that way.
  • 36 weeks
the little one will see the whole world in 4 weeks.
All this is done within the Mother - A wonderful creation.
Footnotes

Nifty Pharma

Suspected Bottom of Nifty 50

#IPCALAB chart https://www.tradingview.com/x/1r5sxVuA/ via https://www.tradingview.com


nifty