You are your own third opponent. And, you may be the opponent you understand the least of all three. It is more than time constraints, lack of discipline, and asymmetrical information that challenges you. The biggest disadvantage you have is that melon perched atop your 3rd opponent’s neck. It is your big ole brain, and unless you do something about it, it is going to lose all of your money for you.
See it? There. Sitting right behind your eyes and between your ears. That “thing” you hardly pay any attention to. You just assume it knows what it’s doing, works properly, doesn’t make too many mistakes. I hate to disabuse you of those lovely notions; but no, sorry, it does not work nearly as well as you assume. At least, not when it comes to investing. The wiring is an historical remnant, hardly functional for modern living. It is overrun with desires, emotions, and blind spots. Its capacity for cognitive error is nearly endless. It was originally developed for entirely other purposes than risk assessment in capital markets. Indeed, when it comes to money, the way most investors use those 100 billion neurons or so of grey matter, they might as well not even bother using their brains at all.
After Hitting High of 6383 level.Our Down Targets were :
6307—-6288——————6231——–6212 level. (Yes already told yesterday during trading hrs )
Below 6212 level if stays for 15-20 minutes ,We see PANIC upto 6155—6136 level.
101% More Details to our Subscribers during trading hrs.
Those Who Bought 6300 put (when no father had said )just 4 days back to buy…see what happened ?
Two days back we told our Subscribers buy 6200 put and Relax.
Today Crucial Trendline …..it can break and will create PANIC !
Technically Yours/ASR TEAM/BARODA/INDIA
Updated at 6:25/08th Oct/Dubai