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

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:

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.

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

Edited: in public interest :wink:

1 Like

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

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:

2 Likes

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.