- Paul Tudor Jones
What does it mean to be a hero in trading?In poker, a “hero call” is sometimes appropriate. It refers to the call of a very large river bet with medium strength — or even Ace-high — based on a strong read that your opponent whiffed on a draw and is representing a huge hand to steal the pot.In markets and trading, there is no official definition, but we can more or less surmise being a “hero” looks like the following:
Putting your foot down and saying “markets will do X, I’m sure of it!”
Pointing to the sky like Babe Ruth — “this is where my profits on this trade are going to go!”
Making large bets (relative to your capital base) with a do-or-die mentality. “Dammit I am right!!!”Declaring with godlike authority how certain macro events will play out. “The treasury bond market WILL collapse!!!”
Last Close : 6143
Above is Daily CHART of Nifty Future
Yesterday’s Volume was LOWEST since 22nd July-Only 180198 lots !!
No need to change levels everyday.
Above 6095 level ,Our Target intact of 6175-6200 level !!
Now SGX Nifty @ 6205 level……………………Now Those who had Read our levels and our Subscribers (Yes ,They always listen and Mint Money )
We see Rally upto 6239———6310 level very easily ,No worry @ all.
3DEMA @ 6111 ,7DEMA @ 6050 LEVEL.
Height of Head :825+
Break out Point will be 6200 level.
6200+ 826 =7026 level…………………………………..???
Yes ,It should close above 6200 level for 3-4 Days ,Then Rally upto 6400 (Nonstop on card )then Pullback upto 6200 & should not break 6200 level.
Then Watch Nonstop Rally upto 7000+ level (Yes will take time ,But U need Patience )
Always Remember :As A Trader ,Never Worry about Economy ,Inflation ,Growth ,Results ,Fundamentals……………!!
Indian Market moves only on Fii’s flow + USD Movement.(Intraday Jerks or Correction always come )…But Trend Followers will always mint money.
Just U all note down and see last qtr results -and see Stock Performance in last 3 months and same will repeat in this qtr too.Every Company has own Strategy.And A Million $ question…why they will not trade or buy or will tell to Insiders or Fii’s or MF….This will be the result ??Or This NEWS is coming out ??
Indian Market controlled by Top 25 Fii’s +Insdustrial Houses (MF ) ,50-100 Corporate House + Blue Channels.
All Policies ,Strategy are known to few hundred people (Either they are in Delhi or Mumbai )
More Details ,Intraday levels to our Subscribers.
Updated at 7:13/15th Oct/Baroda/India