• Nasdaq Trader • Momentum Investor • RCT Levels Concepts • MBI-EM Breadth Model • Always Use STOP LOSS
Joined June 2017
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Extremely disturbing how Ravan has been shown as an oppressed, liberating, righteous king in #RamayanaMovie
From the start, the narrative is built on the idea that the Asurs have been wronged by the Devs, and Ravan is just on a revenge path for the wrong that has been done to him and his people. The blame for Sita Haran is also put on Lakshman in the movie.
Feels more like Ravan is an anti-hero than an all-out evil villain.
This movie is not Ramayan
This movie is Ravayan
$GOLD -1R
$CRUDEOIL +1.2R
GOLD
+ DMC Long signal
+ MBI ON
+ IHST Breakout
+ Above Vwap
+ Bougth Retest of Base for Better SL
+ Targeted Near Swing High Liquidity
CRUDEOIL
+ DMC Long Signal
+ MBI ON
+ Above Vwap
+ Fakeout Shakeout Retest
+ Targeted Near Day High Liquidity
NASDAQ
Did get a sell signal on Nasdaq but SL was huge, so left it.
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#MBI
HOLY SHIT!!!
EM>25
After playing oversold, I booked gains the first 2 days and sold my futures longs, along with some profit-taking in stocks. Only holding SSWL right now.
The market decided to pump, and I missed out the last few days.
So what do we do now
+Trump has lost the elections
+Crude has dumped
+GiftNifty is showing a big gap up
+NQ has also pumped from the bottom
Now, since we are gapping up and I have already missed the middle part of this rally, I will not go into FOMO and buy in the morning. I have a few setups on my radar that I am looking to add, but I would be looking to buy only near EOD.
The watchlist is still small, with a few strong names, but I can see some good #momentuminvesting names for addition. Let's hope for the best 🤞
Broader Watchlist
ZETWERK
AARTIPHARM
PPLPHARMA
RATNAVEER
SAMBHV
KANOHAR
MARSONS
MENONBE
UNIMECH
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Umang retweeted
Bookmark this anti-FOMO manifesto that I'm giving you for free & read it every morning till the last trading day of your life.
⦿ I have made peace with the fact that I have neither the capacity nor the need to capture every upmove in the market.
⦿ I like to trade only proper constructive setups, & not enter here-&-there in the name of what kind of structures are trending currently.
⦿ If the stock goes up without giving me a tradable setup, let it go; it was never mine in the first place.
⦿ I will allow myself to feel FOMO only when I actually miss a setup that met my tradability criteria, either due to a deficiency in my scanning or in my execution. The result is immaterial. Even if the stock had later hit my stoploss, and it was a setup worth trading (under appropriate market conditions), it was a miss on my part.
⦿ I don't care what this world thinks about me, because I don't think anything about it. I judge myself not by the quantum of money I earned, but whether my approach was process-driven or not.
Welcome to index analysis, my friends.
The market made sure both Optimists and Pessimists went wrong
Only the Realists are making money
Weekly timeframe chart patterns on Indices are useless.
A few months back, everyone was drawing 3t/4t/5t VCPs on CNX500 and other indices, telling everyone a bull market is coming.
Influencers keep drawing these big bases without any context.
Now they will talk about a crash, drawing this bottom trendline.
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There is no substitute for your own Live account
I am down like $ 2-3k in props since last week, and one single trade in live account inverted all that today, and P/L went deep green.
If you have good risk management, go for live accounts.
If your risk management is not good but you have a good strategy, go for props.
Imho you can do both as long as you compartmentalize well.
In fact, I want props to shift me to live asap.
I hate being in the funded stage.
All those rules make me blow accounts.
Give me a free hand.
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$NASDAQ
You see that Green Background
I only trade fundeds/Live/Personal when that is plotted
The rest of the time, I mostly sit out and sometimes gamble evals.
Since we did not break the resistance during the green period, I did not take any trades on main accounts.
I really wanted to go long today, so I decided to gamble evals and blew through 5 of them trying to capture longs.
Not my best day, but at least I saved my funded accounts.
Try to automate your trading as much as possible.
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$NASDAQ
Not risking my personal or funded account on FOMC Day
So, I gambled @TradersLaunch evals
Looks like I am getting that daily payout 😋
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