"Mera Thursday ka PnL dekh ke lagta hai Brihaspati Dev ne mujhe ignore kar diya! 😂

F&O
1

After analyzing 1,000+ trades, I discovered:
:chart_with_downwards_trend: 75% retail traders face maximum losses on Thursdays (Guruvaar curse?)
:alarm_clock: 9-10 AM is the most dangerous hour (Lagna kharab ho raha hai!)
:bar_chart: BankNifty traders suffer 2X more than Nifty during this time

Aapke liye important sawal:
“Kya aapke trades mein bhi Thursday/9 AM ka ‘Shani Sade Sati’ chal raha hai?”

:rocket: Solution: I built a FREE dashboard that:
:white_check_mark: Exposes your personal loss-making days/times (Thursday trauma alert!)
:white_check_mark: Reveals your actual golden hours (not just gut feeling)
:white_check_mark: Compares Nifty vs. BankNifty survival rates

Details - Apni Trading Kundali Dekho! 🚀📊. “Kya aapke trades mein bhi Mangal Dosh… | by Abhishek Koshta | Jun, 2025 | Medium
Try it now: https://know-your-pnl-behavior-bttqhrtvdzsse3wsp7spuf.streamlit.app/

Doston se sawal:

  1. Share your worst day/time - Thursday 9 AM gang here? :raising_hand_man:
  2. Kaun sa index aapko zyada punish karta hai?
  3. Should we rename Thursday to “Funds-haraaz-day”? :stuck_out_tongue_winking_eye:
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While it might seem entertaining to associate trading with astrology/numerology,
it feels like an irresponsible attitude towards rational investing.
Not something to encourage in folks who are already looking for patterns where there are none.

Anyways, to each their own. :person_shrugging:t4:

A key issue is that human brains are pattern-recognition machines that evolved to find patterns for survival,
but financial markets often contain significant random elements that our brains interpret as meaningful patterns,
even when they are actually just noise.

Few examples of traders looking for patterns where there are none

Market Timing Fallacies

  • Calendar effects - believing certain days/months are inherently bullish/bearish
  • Lunar cycles and stock performance correlations
  • Seasonal patterns applied too broadly without considering changing market conditions
  • Time-of-day patterns that may be statistical noise

Statistical Misinterpretation

  • Hot streaks and cold streaks - believing past wins/losses predict future outcomes (gambler’s fallacy)
  • Clustering illusion - seeing significance in random groupings of wins/losses
  • Confirmation bias patterns - only noticing signals that confirm existing positions
  • Survivorship bias - focusing only on successful pattern examples while ignoring failures

Technical Analysis Overinterpretation

  • Head and Shoulders patterns in random price movements - formations often seen in noise
  • Support and resistance levels drawn on charts with insufficient statistical significance
  • Chart patterns like triangles, flags, and pennants identified in random walk data
  • Fibonacci retracements applied to every price movement, regardless of market context

Conspiracy Pattern Seeking

  • “Smart money” manipulation - attributing every adverse price movement to institutional conspiracy
  • Options expiration pinning - believing market makers always manipulate prices to max pain levels
  • Algorithmic suppression theories when trades don’t go as expected
  • Coordinated attacks on specific stocks or crypto without evidence

Social Media Pattern Hunting

  • Sentiment analysis of social media as predictive signals
  • Unusual options activity interpreted as insider knowledge
  • Correlation trading between unrelated assets or events
  • News cycle patterns that don’t account for fundamental changes

Hopefully, this doesn’t encourage folks to lose money due to Market Timing Fallacies based on superstitions.

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No Saaarrrrr. There are patterns you don’t see. TA is real.

Edited: in public interest :wink:

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Seems like a way of collecting people’s real trading data for free.

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there are always a few who confidently declare that technical analysis doesn’t work :joy:. but honestly I feel this is just classic frog-in-the-well thinking.

Here’s the story

A frog lived all its life in a well. One day, a friend told him about the Atlantic Ocean.
“What’s that?” asked the frog.
“A vast body of water,” the friend replied.
“Twice the size of this well?”
“Much more.”
“Ten times?”

The frog just couldn’t grasp anything beyond his own little world.

Thats the problem—we often judge the universe with the size of our well. Now apply this to people who reject TA entirely. With their limited sample size (you have what 200 friends?), personal failures, and narrow perspective they conclude “TA doesn’t work” Really? lol

The Soorya/Sun can hold 1.3 million earths. uyscuti is estimated to be 1700x larger than the Sun ,and yet, with our tiny little brain—what, three pounds of tissue? we think we’ve seen enough to declare something invalid. whats the size of our brain compared to the universe?

If TA didn’t work for you maybe it was your approach, your method, your psychology. but don’t write it off for everyone. At the very least present your views with balance and humility. :grinning:

Stay curious. Stay open. Don’t be the frog. :frog:

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Pretty interesting story about the frog. Reminds me of how I used to think that the world is limited to my surrounding life when I was a child. Then after I left the city for job, my mind exploded into the possibilities and things in the world.

PS: TA does work.

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Well said. @cvs is likely among those individuals who attempted trading and incurred significant financial losses. I have observed his irrelevant and arrogant remarks on numerous posts. His responses are pointless and appear to be crafted to showcase his own intellect, all the while disregarding the opinions of others. Such arrogant and negative individuals often perceive themselves as the most intelligent, yet the reality is that they are merely projecting their frustrations onto forums because they are unsuccessful.

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I think you are reading this the wrong way, and taking the words in the article literally. In Options trading, DTE (Days to Expiry) matters and it is also not a bad practise to keep a tab on hour of the day effects. The author was only indulging in sarcasm by using astrological terms. Equity investors and cash market traders can ignore.

Also as far as Technical Analysis is concerned, it may offer a slight edge if done right - imo the real value of good-robust-TA is that it can offer a consistent disciplined way to book losses and profits, but alas most people dont do it to follow discipline, instead many do it to enable their biases and emotions.

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Hour of day can matter even for cash intraday.

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Yes. Indeed that’s how i read the post.

I sure hope so.

Totally understand (and agree with) a data-driven approach.
However, i find issue in attempting to assign irrelevant / harmful patterns.

:x: Use data to increase decision-making based on one’s irrational beliefs.

:white_check_mark: Use data to reduce decision-making based on subjective emotions/biases.

Potential off-topic sidebar with @GAA

TL;DR: Welcome to 'Strong Opinions Weakly Held'.

Let me assure you that is not the case. :slightly_smiling_face:

Unless you have been using alt accounts, or following the forum without an account, i am going to assume that this opinion is based on just the 2 recent topic-threads read so far. Based on that, i am not going to add much weight to this opinion just yet.
Please let me know if that is not the case, and you have anything specific to back this claim about “irrelevant”.
image

[Source]

Thank you for not resorting to sarcasm/name-calling.

  • Agree with “appear to”. Yes, that is by design.
  • if you feel something mentioned is “pointless”, please share your well-thought-out contrary response to the same.

IMHO, there is not much to be learnt by repeatedly/verbosely agreeing with each other.
Can simply post a :+1:t4: or a :heavy_plus_sign: reaction and be done with it.
Disagreement, on the other hand, there is a lot to be discussed, :slightly_smiling_face:

i do. But whether that’s a valid approach is besides the point.
Why this approach? Feel free to checkout Strong Opinions weakly held : Paul Saffo.

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Another pathetic response from the miserable loser :joy:
Please take your depression medications as prescribed; I have no doubt that you will feel better eventually :slight_smile:

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@GAA It’s alright to disagree with someone but please try to do it in a more constructive, civil and agreeable manner.

https://tradingqna.com/faq#agreeable

You may wish to respond to something by disagreeing with it. That’s fine. But, remember to criticize ideas, not people. Please avoid:

  • Name-calling.
  • Ad hominem attacks.
  • Responding to a post’s tone instead of its actual content.
  • Knee-jerk contradiction.

Instead, provide reasoned counter-arguments that improve the conversation.

https://tradingqna.com/faq#be-civil

Nothing sabotages a healthy conversation like rudeness:

  • Be civil. Don’t post anything that a reasonable person would consider offensive, abusive, or hate speech.

  • Respect each other. Don’t harass or grief anyone, impersonate people, or expose their private information.

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Yes, I will, provided he refrains from his pointless and arrogant remarks :slight_smile: