One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
something is very wrong the economy has not picked up and people are struggling. here the market is all time high. it will crash soon
subhagghosh
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Economy has nothing to do with stock market, stock market is only driven by liquidity.
mnm1970
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an interesting story. One day a merchant went to a village and announced that he is willing to buy a few monkeys at rs 5 per monkey. the villagers thought he was mad. they caught hold of a few monkeys and sold them. The merchant appeared next week and again announced he wanted to more monkeys at rs 10 now. the villagers became curious and somehow managed to get hold of a few hundred monkeys and sold them to the merchant. They were happy
a few weeks later he came and again announced to more monkeys at rs. 50 per monkey. The villagers caught hold of more than 10000 monkeys now ..,.they couldn't believe their luck. After this the merchant announced that next month he would require 5 50000 monkeys and offered a fantastic price of rs. 150 per monkey. This time the villagers borrowed money, some sold their properties, some their savings , and went to the forests to catch monkeys. But by this time, the catch was less . they couldn't gather more than a few hundred.
A few days later the villagers, got news that some agent was selling monkeys in a nearby village at rs. 100 per monkey. With new money in hand , there was a mad scramble to buy the monkeys. they were sold out within a few hours. Now they waited for the merchant to return and sell the monkeys at rs.150. Weeks passed, months passed. the merchant never appeared. It was his agent who sold the monkeys at rs. 100 per monkey.
The merchant made his money and the villagers were left holding monkeys with no buyers. to
Ditto in share market.
subhagghosh
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😀😀😀
jaydev78834d
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Thanks SG
Hydtraders
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In a matter of 7 days Bank Nifty moved upwards from 29700 to 36500 - this is remarkable journey, from here onwards you have to be very careful, one bad news will reverse everything.
evenif u don't make money it's ok, but should not loose money.