My Experiments in daily life - ChopChini

What I learnt from traffic lights? It was a pleasant day at office and I was commuting to home. In my mind, I was playing charts and recalling the trading screen.  I stopped on traffic lights and there was enough time of around 1.5 minute on my side. Opposite side traffic is also halted. Suddenly, I see movement in the opposite side traffic, their traffic light signal might be turning "Green".  The two-wheelers started in the first gear, followed by small cars and instantly a massive traffic just passed through my opposite side. Now, imaging this on trading charts. Price is halted zig-zag within a range from a long-time, then, suddenly you see small green candles joining up making little-little higher low than previous candle.  Then, suddenly you see a BIG LONG green candle which indicates BREAKOUT of the range and eventually, everyone (all traffic) joins it, making the price moving higher & higher. Traffic Light Breakout.

.. continued from previous post ; Next day, the balance on the terminal shows Rs.4555/-. Shocked. I was in profit (Rs.101) yesterday, how come it came down Rs.445/-. Where is my profit? Why I'm being shown less capital? Googled it and found the term "Brokerage". Even though I was in profit yesterday, but as I generated a turnover of around 17 lacs, therefore, I was charged a brokerage+taxes of Rs.445 (less my profit). Holy crap!  how is this calculated?  My data mind came in action. Opened an excel, downloaded the order book from zerodha and made a sheet of brokerage calculator (as under) to monitor it. The first day trade was done on 22nd January 2018 and at the close of month, I lost 3760/- from the initial 5000 rupees in my account. SAD, but true. Then, following an alarming bell, my mind started the journey to explore the deep depths of markets, can say, "In search of recovering loss".. the journey begins in Feb'2018 and till date the...

Disclaimer This blog is to make a record of my thoughts and observation about the markets in general and share with others.  It is for general information purpose only. The information contained in the blog should not be construed as research report or financial advice. Whatever I post here is only for my education and knowledge and its future use.  I do not make any buy /sell /hold recommendation or give any price target. I am not a research analyst registered under the SEBI (Research Analysts) regulation 2014 and not authorized to give any financial advice. Information contained in this blog should not be used, relied upon or treated as a substitute for specific or professional advice.  Charts published in this blog are only illustrative examples of the concepts discussed here. Any reliance you place on the information contained in this blog is therefore strictly at your own risk. I will not be liable for any damage or loss, direct or indirect incurred using the in...

"Why to wait to be successful for writing experiences?" When I'll be successful, every one will be behind my success mantra.  Then, I may not remember how i stepped into success.. how can i detail each & every step to reach Success. Writing experiences after being successful is similar to describing a fruitful journey to a never been before destination. You may not remember & reiterate the journey to 100%, but you will only recall the good & the bad experiences that were registered there. Instead, writing the "journey" itself is mesmerizing. You put in each detail from booking of the tickets, to packing, to travel, to experience & to return. What do you want? You want a polished neat and clean experience or you need a muddy, in-depth experience so that you can learn where to go and where not. So, don't wait for success, just start. "IT'S NEVER TOO LATE TO START. IT'S ALWAYS TOO LATE TO WAIT"