Bull or Bear....both are our Friends...Because...
When Nifty bottomed out in October 2013 and moved from 5200 to 9000....nobody knows bull market has started....after it reaches 8000....people have started talking of Mother of Bull Market...now the question is....
1. Whether anybody is holding nifty from 5300 to 9000 ? ....answer is - No...
2. Whether anybody has believed, nifty will cross 7000 when it was trading at 6600 ? (trading above 2008 high) Answer is No..because, everybody was started talking overbought ...
When nifty moves to 8800+..then everybody started saying 9300
When nifty moves to 8600.. then everybody started saying 7800.. (both does't have any meaning)
But, market always move against our emotional prediction and we always miss the rally and take trade on opposite direction..
Then why we are giving importance to Mother of Bull Market ......somebody says it touches 15000 in coming years....so what....what we are going to do....shall we buy now and hold for another 3 years ?
Answer should be "No", because, even we are not able to hold our position for atleast 2 days...where the question of 3 years ?
Now new concept by experts, all started saying Nifty Range is 8200 to 9000 (even just born baby can arrive this nifty number), in this range, what we are going to do, that is most important....
Our Message is....
Let market goes to any direction...go alongwith the trend, do what market says at present...
Forget about Bull or Bear.....i have seen last 20 years, traders are wasting time and money always trying to predict the market and washed out by market in one cycle...(bull or bear).
Both Bull and Bear are like Tsunami...end of the cycle...predictors will get caught in the Final Wave..
So...go along with the Normal Wave (Always visible in the sea)...don't try to predict the Tsunami Wave (you can't see visually when it happens and how it ends).
Take Care...
The above message is my experience in last 20 years.........not to force or advise to anybody to change others attitude (that is not my business)........if you are comfort with your existing trade...please continue....
The above message is my experience in last 20 years.........not to force or advise to anybody to change others attitude (that is not my business)........if you are comfort with your existing trade...please continue....
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