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Jyotish Based Trading - Buy and Sell Signals
Mina - Fri, 11 Jun 2004 23:20:15 +0530
Risk Disclaimer:
THERE IS RISK OF LOSS IN TRADING FUTURES CONTRACTS. YOU CAN LOSE ALL OF YOUR INITIAL INVESTMENT OR MORE IF PRICES MOVE AGAINST YOUR POSITION. IF YOU DO NOT HAVE EXPERIENCE WITH DERIVATIVES LIKE OPTIONS AND FUTURES, PLEASE CONSULT A PROFESSIONAL BEFORE PLACING TRADES ON YOUR OWN.
(What you might want to consider if you are not already experienced in trading derivatives, which is what I have always done myself, is trade on paper first - tracking your strategy - for a while before even opening a trading account.)
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nabadip - Tue, 29 Jun 2004 13:45:10 +0530
Mina, do you have some time discussing the implications of your proposal that you can read the futures market, let's say market trends in general, according to the predictions of astrology? This means you can predict not individual choices, but an average outcome of many different (buy or sell) choices. And that predicition is determined by the position of the planets. I am not interested in the details, just in the principle of freedom and determination active there.
Mina - Sun, 18 Jul 2004 00:11:48 +0530
Send me a private message here, if you are interested.
Mina - Wed, 21 Jul 2004 04:32:48 +0530
Anyone ever meet a person that could see past, present and future? Richard Mende (formerly of Radha Kund) once told me he met such a person.
Mina - Sat, 04 Sep 2004 20:14:54 +0530
Sorry for removing my earlier response to your post, Nadadip, but I wanted to rethink that one, so here goes:
Basically a trader is just looking for a statistical edge, just like a gambling casino has the house edge, whether that be mixing up multiple decks of cards in the black jack shoe or putting two green spots on the roulette wheel. So, yes the average outcomes yielding a potential for profit is critical. Whether or not jyotish can predict the outcome of any one event such as the fluctuation of the price of gold futures over a two hour period on any given day of the week remains to be seen. Who knows, perhaps some Hindu astrology superguru will come along some day with some research to demonstrate such an ability. The only thing I have seen with apparent certainty is a couple of jyotish factors that seem to be able to predict the larger moves in gold and silver prices, but they only occur twice in a thirty year cycle. Also, I have not yet taken enough of a statistical sample to really assess the overall reliaibility of that one factor. If I could get my hands on some price data going back several centuries, then that could be done. If anyone knows of where to get such data, please let me know. What I am using so far has been better than chance (50/50) probability for the thirty years of price data I have tracked it for on many different markets, including stocks and futures, for pinpointing some reversals in short term price swings, but it by no means has been 100% accurate. That does not really matter though, since all I am concerned about as a trader is that statistical edge.
Finally, I do not rely entirely upon the jyotish analysis to make trades in the market. I combine that analysis with standard approaches to price charting and technical studies. I find that gives me some good filters to optimize trade setups.
No matter what technique one uses to make trading decisions, it still boils down to the ability to execute a trading strategy with predefined risk and profit objectives with unyielding discipline and free of emotions over winning and losing on any one trade (they can't all be winners, even if you are Warren Buffet himself). The enemies to conquer in that arena are fear and greed. Read your Gita again, if you plan to do any trading in the near future.