Complacency is the keyword now.

Finally got into a short position on Nifty & Silver on Friday after many unsuccessful attempts. Don't know as to how long I would stay with them. 


I was not able to update the blog for some time now as the markets were demanding my undivided attention. Will try to be as regular as possible with my updates. But sometimes it's just not possible.


A sense of uneasiness is in the air as complacency increases in the markets. Feeling a little uncomfortable at these levels.


As US & other markets were weak on Friday, I think it should be a good opening for me on Monday.:)


3 quotes from Warren Buffett that are worth remembering in the current environment:


"If past history was all there was to the game, the richest people would be librarians."


"Only when the tide goes out do you discover who’s been swimming naked."


"Risk comes from not knowing what you’re doing."


Have a good trading week!:)

Please try again later....

Last week I managed to close my positions just in time as all three positions went against me. It was pure luck that I got out with a smaller loss than I normally take. Nothing else. No crystal ball gazing done here. So, please try again later. Thank you.:)


Anyway, I have been trying a few positions here and there but not sure as to which of them would make those meaningful trends. So, staying with the process and hoping to get hold of atleast one such profitable trend.


Have a great trading week ahead!:)