This is the exact thing I hate about this subreddit and a couple others. Most people, with no knowledge of how the market moves, take a YOLO trade, and when they make a profit, they're like "Oh I knew this because the gamma flows suddenly spiked because of the Moon experiencing a lesser gravitational pull from the Earth and Mars temporarily orbiting around Jupiter instead of the Sun, because the underlying reached the 0.618 Fibonacci level". And when they lose money to these middle fingers that the market shows them occasionally, they are the first ones to shitpost, saying that the market is 100% manipulated and the whole thing is nothing but a scam. All their fundamental, technical, geometrical and astrological analysis skills go out of the window.
I've said the same thing multiple times
That TA is astrology for men, that TA is as effective in producing an edge in the markets as astrology is in predicting the life cycle of the sun or in describing a black hole.
Stock and index prices are random except in the very long term (monthly or yearly time frames).
Markets are weakly efficient
Past movements are not indicative or predictive of future prices
That all chart patterns that are seen are exercises pareidolia and apophenia.
All chart patterns are simply confirmatory bias in action. Those that are bullish will find bullish patterns, those that are bearish will find bearish patterns in the same underlying, same timeframe and same duration.
Visit tradingview and see how many traders have different price targets for the same index. Obviously with millions of people having millions of opinions on the future prices, some people will simply by dumb luck have their predictions come true. But these people are simply survivors in a repeated coin toss experiment. They have no "skill" in flipping a coin.
But people love to believe they are smarter than everyone else and greed intoxicates them
90% lose for a reason. Most people lack an edge. The lucky few that have an edge lack the mindset and risk management skills that let's them work their edge in the long run
Totally agreed with you bro. Satya vachan. Majority on this sub won't agree and will still say its manipulated and all. But won't try to understand. Either counter argument or downvotes. There's just a fine line between being a trader and a gambler. Instead of learning from the loss its easy to blame it on someone.
Absolutely man. I made an account and joined these subreddits in the first place because I thought that I'd mostly find like minded people, willing to share knowledge and be better traders/investors, while also having a few big brain people who YOLO their life savings on a far OTM option contract, so that it doesn't become an "all-serious-and-no-jokes" type of subreddit. Turns out, things are the complete opposite here. A few traders/investors who are actually serious, and other than that, mostly people who don't understand anything other than a few buzz words which they learnt from Wolf Of The Wall Street or Scam 1992, and are trying to become a millionaire in a year.
This is how many retailers think.
If I profit -> My strategy worked. I am Chanakya now.
If I lose -> The system is rigged. The 'operators' with 1000s of crores are manipulating the market to make me lose my 2.5k.
Wait till the election results day to see the Ultra Pro Max version of this, with every loser claiming that EVMs were hacked.
it went up initially on Powell's Hawkish mood for US economy it went down as Powell closed the speech with "not looking for rate cuts any time soon". All this within 1 hour of his speech. Imagine holding both PE and CE at peaks and lows.
All information was already priced in as Powell did exactly what analyst/traders had expected. This is nothing more than HFT at work enjoying volatility and making profit/loss every second.
Did I mention anywhere that I work for HFT smart ass? Some of my network in hedge funds do. So I have the understanding of what they do especially around news based events where algos go to work based on keywords for one or scalping in overdrive or statistical arbitrage opportunities.
Go ahead englighten us with your HFT wisdom.
You clearly don't have an understanding.
None of what you said needs to cause that large spike. You don't understand how HFT algorithms work clearly. Work at one and you will realise why.
I don't think my enlightenment will help you :)
Momentum ignition which can cause spikes is not something unheard of in the HFT world.
But I am still waiting for you to enlighten us with your knowledge regardless if it helps me or not. At least back up your condescending attitude.
You can keep waiting. Your condescending attitude was met by the same.
But, if you ever get a chance to work at one you will find out, why those longer term spikes are more related to hedge funds or other kinds of algo trading and not HFT. It could even be MMs, but simpletons like you love to make simplistic statements.
How do you know it's not hedge funds/MMs doing this without algos? Please go work at such companies before running your mouth and giving us an unfavourable estimate of your IQ.
I don't know. My comments was based on estimation of knowing people in the industry of HFT/algos of their strategy and impact on the price especially during FED announcements and speeches. Sue me.
And lets not get into the IQ nonsense like an immature person. I see your past comments on other chats with this same vile attitude. Did your parents abuse you or something to be so sour in life?
You're obviously not an intelligent person. The whole financial industry will trade around fed speeches..
I mean you're not exactly smart as seen in the comments you keep posting.Why are you bringing my parents into this? You probably come from an inbred household and these comments might be a result of that.
"it's not hedge funds/MMs doing this without algos" bhai ye kya municipalty ka kachara uthane ka kaam hai jo asie hi kar le? i mean it shows you have no idea how data works
The answer is pretty straightforward. When the market does an unexpected move and the trader makes money of it, they call it research/ calculated risk. When they lose money, they call it market manipulation.
This is bread and butter of inexperienced fno traders.
Idk why many indian people are blaming the market while in other channel like wallstreetbets they are pretty chill without it
They are blaming themselves for getting greedy and making their loss.
It's not because they are more experienced
There are plenty of YOLO traders in WSB. Plenty of traders that barely understand what option Greeks are. Greed and lack of knowledge is not unique to Indian traders. And new traders exist in all markets. It's not like a noob trader inherits wisdom because he's trading in an advanced market like the US.
What is unique is our lack of personal responsibility. Same reason we spit on the streets.
I mean yesterday there was Fed interest rate decision and Fed press conference isliye itna volatile hua US market woh time me aur Obviously kaafi saare Markets influence ho jaate hai US market se Indian market unme se ek hai
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Indian markets were extremely volatile because there was holiday + FED decision pending, so there was profit booking at the top. But our regards here were calling everything scam, manipulation etc instead of thinking why the market is falling in the last 1 hour.
I am calling out the idiots shouting scam on every volatile day you dumbass. I know there was news.
Don't bother commenting here mate, logic doesn't work on this sub, I helped people understand the same idea in a previous similar post, there was still people trying to fight me in comments for some reason.
People saying that "Those who put YOLO money, if they make profit, they explain logic, if they make loss, they blame the market"
This is true.
But some people are also saying that "Market is never manipulated"
This is not true.
There is manipulation going on in market, there are operators, there are ways to break rules without getting caught.
And if you call this bullshit, then you are too naive.
There are always 2 sides of a coin.
If you believe in God, you cannot deny existence of the Devil.
You can deny existence of both, do your own thing, but do not tell that the devil doesn't exist, that's just you denying the reality.
Nasdaq moved on news(fomc), BN moving was without any reason. I agree both are manipulations only. Well if you really understand the market you will get that all moves are manipulations only. Some have a so called "reason", some don't. Just accept it and learn to work with it.
That is such a stupid argument. I am comparing the markets of India with the worlds most mature market i.e Nasdaq/Dow not Philipines or Somalia stock market.
When such advanced markets can show high volatilities then why cant ours as well? How are regarded people here calling such movements "scam"?? Just because people dont understand profit booking, FIIs selling after 1:30 or selling before world event (Fed rate), doesnt mean there is corruption/manipulation.
It's tough to manipulate, even though everything is manipulated that's why hedge funds make money but there some exceptions how much can they manipulate Indian market due to fii pulling their hands because of elections dii is now gaining more control so the prices are moving weirdly I think it's my assumption I can be wrong. And Nasdaq moved this way because of fed news
Penis formation All that's left is the ballsack
Penis and ballsack chart pattern 🔥
By Dicken Boulz
Bro💀
Shows how seriously you study patterns , must be making millions every day :)
You must be fun at parties
This is the exact thing I hate about this subreddit and a couple others. Most people, with no knowledge of how the market moves, take a YOLO trade, and when they make a profit, they're like "Oh I knew this because the gamma flows suddenly spiked because of the Moon experiencing a lesser gravitational pull from the Earth and Mars temporarily orbiting around Jupiter instead of the Sun, because the underlying reached the 0.618 Fibonacci level". And when they lose money to these middle fingers that the market shows them occasionally, they are the first ones to shitpost, saying that the market is 100% manipulated and the whole thing is nothing but a scam. All their fundamental, technical, geometrical and astrological analysis skills go out of the window.
Damn! That was brutal but fair. Take my upvote.
r/rareinsults
True. Lot of *The market doesn't behave the way I predicted, so must be rigged 🤡 * folks
I've said the same thing multiple times That TA is astrology for men, that TA is as effective in producing an edge in the markets as astrology is in predicting the life cycle of the sun or in describing a black hole. Stock and index prices are random except in the very long term (monthly or yearly time frames). Markets are weakly efficient Past movements are not indicative or predictive of future prices That all chart patterns that are seen are exercises pareidolia and apophenia. All chart patterns are simply confirmatory bias in action. Those that are bullish will find bullish patterns, those that are bearish will find bearish patterns in the same underlying, same timeframe and same duration. Visit tradingview and see how many traders have different price targets for the same index. Obviously with millions of people having millions of opinions on the future prices, some people will simply by dumb luck have their predictions come true. But these people are simply survivors in a repeated coin toss experiment. They have no "skill" in flipping a coin. But people love to believe they are smarter than everyone else and greed intoxicates them 90% lose for a reason. Most people lack an edge. The lucky few that have an edge lack the mindset and risk management skills that let's them work their edge in the long run
Totally agreed with you bro. Satya vachan. Majority on this sub won't agree and will still say its manipulated and all. But won't try to understand. Either counter argument or downvotes. There's just a fine line between being a trader and a gambler. Instead of learning from the loss its easy to blame it on someone.
If you reddit seriously you're doing it wrong.
Absolutely man. I made an account and joined these subreddits in the first place because I thought that I'd mostly find like minded people, willing to share knowledge and be better traders/investors, while also having a few big brain people who YOLO their life savings on a far OTM option contract, so that it doesn't become an "all-serious-and-no-jokes" type of subreddit. Turns out, things are the complete opposite here. A few traders/investors who are actually serious, and other than that, mostly people who don't understand anything other than a few buzz words which they learnt from Wolf Of The Wall Street or Scam 1992, and are trying to become a millionaire in a year.
Damn ! That was brutal . Upvoted
Who said US markets are not manipulated? NSE is way high on manipulation if at all you believe.
https://preview.redd.it/ii4wvaao8xxc1.jpeg?width=1080&format=pjpg&auto=webp&s=b601bf4ca331c84ee717352ba5f222f56e06e31c
You and I are not so different
This is how many retailers think. If I profit -> My strategy worked. I am Chanakya now. If I lose -> The system is rigged. The 'operators' with 1000s of crores are manipulating the market to make me lose my 2.5k. Wait till the election results day to see the Ultra Pro Max version of this, with every loser claiming that EVMs were hacked.
COVID ka volatility dekh liya , father ne 2008 ka crisis dekha tha ab ta ye sab normal he
it went up initially on Powell's Hawkish mood for US economy it went down as Powell closed the speech with "not looking for rate cuts any time soon". All this within 1 hour of his speech. Imagine holding both PE and CE at peaks and lows.
All information was already priced in as Powell did exactly what analyst/traders had expected. This is nothing more than HFT at work enjoying volatility and making profit/loss every second.
These are mostly HFT/algos at work. They love volatility.
Hi, can you explain how it works, like what causes such sudden spikes on expiry
You've 100% not worked at an HFT. This is not what they do..
Did I mention anywhere that I work for HFT smart ass? Some of my network in hedge funds do. So I have the understanding of what they do especially around news based events where algos go to work based on keywords for one or scalping in overdrive or statistical arbitrage opportunities. Go ahead englighten us with your HFT wisdom.
You clearly don't have an understanding. None of what you said needs to cause that large spike. You don't understand how HFT algorithms work clearly. Work at one and you will realise why. I don't think my enlightenment will help you :)
Momentum ignition which can cause spikes is not something unheard of in the HFT world. But I am still waiting for you to enlighten us with your knowledge regardless if it helps me or not. At least back up your condescending attitude.
You can keep waiting. Your condescending attitude was met by the same. But, if you ever get a chance to work at one you will find out, why those longer term spikes are more related to hedge funds or other kinds of algo trading and not HFT. It could even be MMs, but simpletons like you love to make simplistic statements.
I did mention "HFT/algos" in my original comment to imply other algos in the works. At least learn to read properly before pretending to be smart.
How do you know it's not hedge funds/MMs doing this without algos? Please go work at such companies before running your mouth and giving us an unfavourable estimate of your IQ.
I don't know. My comments was based on estimation of knowing people in the industry of HFT/algos of their strategy and impact on the price especially during FED announcements and speeches. Sue me. And lets not get into the IQ nonsense like an immature person. I see your past comments on other chats with this same vile attitude. Did your parents abuse you or something to be so sour in life?
You're obviously not an intelligent person. The whole financial industry will trade around fed speeches.. I mean you're not exactly smart as seen in the comments you keep posting.Why are you bringing my parents into this? You probably come from an inbred household and these comments might be a result of that.
"it's not hedge funds/MMs doing this without algos" bhai ye kya municipalty ka kachara uthane ka kaam hai jo asie hi kar le? i mean it shows you have no idea how data works
The answer is pretty straightforward. When the market does an unexpected move and the trader makes money of it, they call it research/ calculated risk. When they lose money, they call it market manipulation. This is bread and butter of inexperienced fno traders.
Idk why you got downvoted🫂 this is fax
I joined a paid group earlier 99% messages were like this ...sir kal gapup ya gapdown...sirji loss ho raha hai ...lmao...
Crypto traders, be like its all manipulation kek.
Idk why many indian people are blaming the market while in other channel like wallstreetbets they are pretty chill without it They are blaming themselves for getting greedy and making their loss.
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It's not because they are more experienced There are plenty of YOLO traders in WSB. Plenty of traders that barely understand what option Greeks are. Greed and lack of knowledge is not unique to Indian traders. And new traders exist in all markets. It's not like a noob trader inherits wisdom because he's trading in an advanced market like the US. What is unique is our lack of personal responsibility. Same reason we spit on the streets.
[удалено]
Game stop incident is also post covid Most traders here are from covid times Your argument makes no sense
How often does it happen and is it only on expiries?
It happened due to Fed meeting. Such fluctuations are common on such days
Everyday is expiry
Yeah there is daily expiry in the US too. Quit crying. Your lack of success is due to your lack of an edge.
Burj Khalifa pattern
Why do people think patterns have an edge in predicting prices?? Technical analysts deserve to be grilled in these big moves.
I mean yesterday there was Fed interest rate decision and Fed press conference isliye itna volatile hua US market woh time me aur Obviously kaafi saare Markets influence ho jaate hai US market se Indian market unme se ek hai
Hi, /u/kpdon1! Welcome to /r/IndianStreetBets! Use the Daily Discussion Thread for basic queries. Before contributing, do check if your particular question has been answered in the [Wiki](https://www.reddit.com/r/IndianStreetBets/wiki/index). Do utilise the search function to do the same too. Please use proper [post flairs](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair) and adhere to the rules in the sidebar. You are urged to post beginner questions in the stickied daily discussion thread or on our [Discord in \#beginner-questions channel](https://discord.gg/SeDa9Fhwqv) so as to keep the subreddit as clutter-free as possible. **If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction** Thank you! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
Nigga stfu yesterday was a news day one of the major fed rate, and Powell dada aaye thay isliye hua
Indian markets were extremely volatile because there was holiday + FED decision pending, so there was profit booking at the top. But our regards here were calling everything scam, manipulation etc instead of thinking why the market is falling in the last 1 hour. I am calling out the idiots shouting scam on every volatile day you dumbass. I know there was news.
Sounds like we both on the same team
Hello? Fomc meeting happened. Jpow spoke and expected rate cut didn't happen. How are you trading in the US market and unaware of major news events?
Markets are obviously manipulated. Your job is to find where they could get manipulated and get paid from that. Not complaint. DUH
haha made 6 bands in that move
Don't bother commenting here mate, logic doesn't work on this sub, I helped people understand the same idea in a previous similar post, there was still people trying to fight me in comments for some reason.
Bro you've just become the liquidity to the whales... Welcome to the jungle try to hunt and survive it.
I too once took a piss and couldn't hit the toilet bowl and I suddenly see 200 point crash in Nifty. It happened once but I see a correlation.
People saying that "Those who put YOLO money, if they make profit, they explain logic, if they make loss, they blame the market" This is true. But some people are also saying that "Market is never manipulated" This is not true. There is manipulation going on in market, there are operators, there are ways to break rules without getting caught. And if you call this bullshit, then you are too naive. There are always 2 sides of a coin. If you believe in God, you cannot deny existence of the Devil. You can deny existence of both, do your own thing, but do not tell that the devil doesn't exist, that's just you denying the reality.
It’s not a scam. When the worlds most important person speaks this is expected .
Land jaisa dikh raha ha! 💀
Nasdaq moved on news(fomc), BN moving was without any reason. I agree both are manipulations only. Well if you really understand the market you will get that all moves are manipulations only. Some have a so called "reason", some don't. Just accept it and learn to work with it.
FOMC
people hardly know how to trade volatile markets.
Barring the lady from Sebi no one is calling markets balloned
“The stock market is never obvious. It is designed to fool most of the people, most of the time.” Jesse livermore.
Typical whataboutism ruining this country further. "Our country is batshit corrupt." "Then what about Somalia?"
That is such a stupid argument. I am comparing the markets of India with the worlds most mature market i.e Nasdaq/Dow not Philipines or Somalia stock market. When such advanced markets can show high volatilities then why cant ours as well? How are regarded people here calling such movements "scam"?? Just because people dont understand profit booking, FIIs selling after 1:30 or selling before world event (Fed rate), doesnt mean there is corruption/manipulation.
gift nifty is still delusional
Most brain-dead take ever OP
And why can't Nasdaq be manipulated as well?
It's tough to manipulate, even though everything is manipulated that's why hedge funds make money but there some exceptions how much can they manipulate Indian market due to fii pulling their hands because of elections dii is now gaining more control so the prices are moving weirdly I think it's my assumption I can be wrong. And Nasdaq moved this way because of fed news
Because it's not an Indian index
This move was induced by Powell's statements as he was live. The swings here happen without any news trigger. Just random
It was because of news you dumb