Do you know that lions only succeed in a quarter of their hunting attempts — which means they fail in 75% of their attempts and succeeds in only 25% of them.
Despite this small percentage shared by most predators,
they don't despair in their pursuit and hunting attempts.
The main reason for this is not because of hunger as some might think but it is the understanding of the “Law of Wasted Efforts” that have been instinctively built into animals, a law in which nature is governed.
Half of the eggs of fishes are eaten... half of the baby bears die before puberty... most of the world's rains fall in oceans... and most of the seeds of trees are eaten by birds.
Scientists have found that animals, trees,
and other forces of nature are more receptive to the law of "wasted efforts".
Only humans think that the lack of success in a few attempts is failure... but the truth is that: we only fail when we "stop trying".
Success is not to have a life free of pitfalls and falls...
but success is to walk over your mistakes and go beyond every stage where your efforts were wasted looking forward to the next stage.
If there is a word that summarizes this world, it will simply be: continue all over again.
Be Inspired
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Blending Candles (Bull) -
Any series of candlestick can be summarized in a blend to improve understanding of what a trend means. This is especially true when reversal seems to be underway, but chaotic price movement within the blended candlesticks obscures the signals.
Blending is usually used to describe summaries of several days into a single candle; it can also be applied to shorter trade intervals during one session to create a blended version of the trend.
this is one of few topics which i discussed in our TA batch. #banknifty
on similar not u will see a hammer in nifty also.
though there is no need of blend when other candlestick gives u strong reversal signal.
Blending should be used more in sideways market where prices moves in choppy range and erratic candles forms. #Nifty
"not a recommendation, please do your own market research" - this line itself is biggest dhoka, everyone post their desired and invested stock(no doubt they must be good companies) and non stop rant these r good these r good, ek baar bola sahi h har din har waqt,
Its like force selling or marketting.
Disclaimer chipkao and keep posting.
In 2014 - 2015 sunpharma was also awesome company to invest.
15 years back itc was also good company to invest, tata motor was also good once.
U cannot say with certainity which is going to be best or
Worst.
Stock market is profitable just for one simple reason - its unpredictable.
Treasure is not where eveyone eye is.
For retail - better be dumb rather than try to outperform.
No one in crash will come to rescue - the only statement which people can give is -
What will be impact on earnings of mid cap and small cap companies after sebi order?
Okay so few people will start judging without understanding why i asked? So i will ask webinar members to tell what i explained to them few min back on this sebi move..
Price in stock market moves basically due to two things
A) liquidity push
B) earning push
To make it more easy i will use this formulae which most of you are aware of -
Price of asset= pe*earnings.
So price can increase by either increase in pe or earnings.
Pe is nothing but
1 min - tik tok.
1 hour - youtube.
The bigger gambler = the less time frame u will use.
Smaller time frame reduces ur attention span.
U get anxious immediately in 4 5 or say 15 20 min if move doesnt come also a slight %ge fluctuation in small time frame looks big which again play
With pshychology of a trader.
Now come to scalping part - 1) how many scalper have u seen going big or have ever scaled up big in long run, i have seen no one. 2) its just like a bad habit which will never let u ride big moves even when trend is clear and one sided as you become
Widespread use of computers has led to the development of some very sophisticated trend-identification techniques. Some of them work reasonably well, but most do not. The continual search for the “Holy Grail,” or perfect indicator, will undoubtedly continue,
but it is unlikely that such a technique will ever be developed. Even if it were, news of its discovery would
soon be disseminated and the indicator would gradually be discounted. It is as well to remember that prices are determined by swings in crowd psychology.