Showing posts with label Trading News breaks. Show all posts
Showing posts with label Trading News breaks. Show all posts

Friday, August 20, 2010

Where will the market go today?

This is a common query by market participants. I have a different opinion on this.

  1. As an intra-day trader I dont like to have a fixed opinion on the market direction.
  2. The moment I express my directional opinion if any I am locked into this opinion and finding it difficult to trade.
  3. Each instrument you trade has a different market. Many participants may not recognise this. They may not necessarily follow the broad market direction.
  4. Though this may appear simple , clarity in basics will be of utmost importance.
  5. The amount of information already reflected in the stock price and the trader's evaluation of this relative opinion ( ex : Crompton Greaves reaction to Avantha Power IPO, Sesagoa's inclusion in NIFTY, KVB's reaction to Rakesh Jhunjhunwala's announcements )

Market Structure differences 2010 Vs 2020

Some of the changes I have observed in Market structure in 2020 compared to around 2010 Huge increase in trading Volumes Predominant ...