Nifty on Steroids...
In such gloomy days why is the market going up?
What is in store for the small retail traders?
For investment one has to do fundamental analysis.
But, for making a living out of trading one has to follow the trend blindly. Whatever be the cause of the markets going up just now, whether it be an act of manipulators or anyone, we need to ride on their shoulders on intraday basis and square off profits. They are surely going to take market up and then bleed it. Many inexperienced traders would loose their capital. But, this has been going on in the stock market, more so since it has been online. A lot of technical analysts agree that the market is put on steroids just now so that the big billionaire investors can come out of it with profits and make small retail investors bleed. The rich are going to be richer and the poor will be wiped off. Just wait and watch. We are going to see new lows in the coming months. The mayhem will start once the Billionaires have had their meal. The traders wouldn't even get the left-over food.
In such gloomy days why is the market going up?
What is in store for the small retail traders?
For investment one has to do fundamental analysis.
But, for making a living out of trading one has to follow the trend blindly. Whatever be the cause of the markets going up just now, whether it be an act of manipulators or anyone, we need to ride on their shoulders on intraday basis and square off profits. They are surely going to take market up and then bleed it. Many inexperienced traders would loose their capital. But, this has been going on in the stock market, more so since it has been online. A lot of technical analysts agree that the market is put on steroids just now so that the big billionaire investors can come out of it with profits and make small retail investors bleed. The rich are going to be richer and the poor will be wiped off. Just wait and watch. We are going to see new lows in the coming months. The mayhem will start once the Billionaires have had their meal. The traders wouldn't even get the left-over food.