Wednesday, August 12, 2015

After a long hiatus I am back. Haven't done a single trade for past two years. Due to certain life changing events and my time away from India, did not allow me to do the same.

But now I think i need to get back on my feet and start doing what I love doing. ANALYSIS. Right now I am in US and would be doing more"delivery" based trading rather then futures &options. Its a strange rule, a person who stays outside India cannot do F&O unless he is an institutional trader. !!! Whatttttttt


Anyways that means that i would need a lot more capital, but at the same time I don't need to be worried about expiry dates and stuff. Time value of options etc. 

Let me start of by saying that the last post i wrote was that we would stay in the range between 6400 and 5500( wow!! I did trade a long time ago) . See how badly i was proved wrong !!!! :( :( :( 

But then its a learning phase and I need to re-start. I have almost forgot all the concepts of Hurst Cycles and stuff.. For that matter I would need to go back to basics of Resistance and Support. Do some more basic reading. But I will be back soon on my feet and start doing what I love doing. 

In the meantime, enjoy the week. and lets do this !!!!
Yayyyyyyyyyyyyyyyyyyyyyyyyyyy



Cheers 
Sachin