1.THE REAL TRUTH ABOUT MARKET AND ITS MOVEMENT IS NOT HIDDEN.IT LIES BARE IN FRONT OF ALL OF US ALL THE TIME.ITS MOVE DEPENDS ON GDP GROWTH AND EARNINGS FORECAST.IT ALSO DEPENDS ON OUR AND OTHER CENTRAL BANKS AND OUR GOVT OF COURSE.BUT THE TRUTH IS OBSCURED BY THOUSANDS OF LIES CHURNED OUT BY SO MANY AVAILABLE TO US BY MEDIA.WE TRY TO HEAR ALL OF DEM WITH MOST OF DEM HVING NO MEANING AND SIGNIFICANCE IN OUR STRATEGIES.ON THE CONTRARY DEY R DELAYED AND CONTRRARIAN A DANGEROUS BET FOR TRADERS.
2.THE REAL TRUTH IS NONE OF DEM MATTER.AND TREND FOLLOWING USING TECH ANALYSIS IS ALL ONE REQUIRE.WE INDIANS R BAD STUDENT OF HISTORY SO WE DON CHK OUR MARKET HISTORY SO OFTEN WITH WHATEVER DATA AVAILABLE SINCEE 1991.BECOZ IF WE DIDLOT OF OUR DOUBTS WILL GET CLEAR.
3.ALSO LOT OF FOREIGN MONEY POURS INTO THE OPTIONS CONTRACTS AND THE NEAR ONES GETTING MOST OF IT.WHT I HV SEEN ALL THE ACTION HAPPENNG JUST SO THT WRITERS CN ABSORB MAX PREMIUM OF MOST OF THE OPTION BUYERS OF NEAR CONTRACT.ALSO NEAR TERM MEDIA HYPE AND NIFTY MOV APPEARS SKEWED AND DOUBTFUL.
4. THEREFORE MY RECOMMENDATION PLZ ALL U OPTION BUYERS START FOCUSSING ON NEXT MONTH CONTRACT WITH TIME HORIZON OF 30-45 DAYS.IF EARNING MAX PERCENTAGE ON UR MONEY IS WHAT YOU WANT AND NOT EXCITING MOVEMENT OF UR POSITIONS.OR ELSE BECOME WRITERS BECOZ IN NEAR TERM DEY R D KINGS.
5. FINALLY SELECTIVITY IS SOMETHING WHICH SHUD GET INTO A TRADER DNA.IF NOT U CAN KEEP ENDLESSLY TRADING BUT WILL NEVER MAKE IT BIG.PROBABILITY WILL GET YOU TO MOTHER EARTH TIME AND AGAIN.AN EXAMPLE OF SELECTIVITY(Although the cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch its prey. It may hide in the bush for a week, waiting for just the right moment. It will wait for a baby antelope, and not just any baby antelope, but preferably one that is also sick or lame. Only then, when there is no chance it can lose its prey, does it attack.)
looks like you have lost too much and gained too much negativity.
learn then only you will earn…
and it takes many years to become pro traders.
best of luck