The Closing Bell Has Changed

Hmmm…
so, to continue applying the previous strategies/logic
until one’s broker steps-up to support a filtered chart
(that skips the post 3:15pm “noise” for those not interested),
one would need alternate market-data source (same broker’s API?)
+some custom logic that ignores market-data of the specific “noise” duration.

A relatively easier “weekend project” for some.
(eg. those who already had API access and custom scripts).
A fresh challenge for others i guess. :sweat:

what they should do is keep vwap session for 3pm to 3:30pm as day closing price, and run this experimental CAS as post market session after 3:30 to see if volume picks up, if it did then replace it with VWAP.

just role back bloody cas - Humble request to SEBI :pray: Please dont do any good thing for us

Nifty sensexx and bank nifty are going different direction - totally confusing

This is what’s affecting me the most as a technical trader. I wouldn’t have any issue with the closing auction session if all three indices were aligned.

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this? NSE - National Stock Exchange of India Ltd: Live Share/Stock Market News & Updates, Quotes- Nseindia.com

Yes but for NIFTY

Few % below 20, i have actually had a similar DD before when i was trading only 1 system.

But this time took a discretionary call that something is different. I had that feeling early on but still persisted, but that feeling did not go away. Eventually stopped.

Trading is difficult this way, persistence is what gets you compounding but same persistence can erase capital if market changes. I can still be wrong, and maybe this is a normal DD. Lets see.

Because all of my systems were stocks intra, everything has stopped. 1 system not working for 1+ years. Main system not working since after budget day.
I had tried 1lot Index Futures intra, but unfortunately those systems are dead too for few years. Since covid i have seen many systems die out, i got lucky and got 6 years of strong returns.

Its fine, overall i am maybe 5% up in 1 year 2 months (+pledged). Good times are gone, now need to work again.

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Who came up with this, big guys can so easily manipulate simply by putting huge buy and sell orders at ±3% from reference price and that’s where market will close

Things are getting better every day. :nerd_face:

Days since CAS introduction : Point move during CAS

  • Day 1: +200 pts
  • Day 2: +150 pts
  • Day 3: +50 pts

Within a week, this too shall pass. :moyai:

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Today market prepped with an upmove just before CAS… and Sensex matched the prep (but not the small CAS move)

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Sad to know you stopped. One of the few who were profitable.

This is good.
You still outperformed nifty from account level PoV.

If you have built decent capital, then it’s best to stick to investment via mutual funds. 12 to 15 percent per annum should be enough.

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Yes. We have some positive people here. Glad. Always have hope that things will get better than just complain about everything.

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That’s not the issue. It can happen at any time in the future and when it is least expected by retail after the lull period. It’s about power exchange - the ability of JS to move index EOD has increased significantly.

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I have had decent struggle in initial 5-6 years, then finally got it. 2 systems made good money over the years. Will do it again, hopefully. Lets see…

By work, i meant i need to work on my trading. Overnight is new, so work is more vs intraday.

Worst case yeah, back to mix of MF. I got to my 1st capital target a year back. Have another target but now that will take time. Compounding is great.

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Don’t go with 100% debt, you won’t be able to beat inflation. But if you don’t want to invest in equity, here are some alternatives -

gold , silver , REITs

index fund ETFs

Nifty LEAPs

Make sure to buy some equities whenever you get dips.

You can also buy real estate and physical commodities

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It’s good you are viewing the situation optimistically but what if :

Day 4: - 400 pts

The big revelation will be on Aug 26, monthly expiry. Especially in stock options. Will be doomsday for some.

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