The Analyst as a Trading System

Make your own trading system, when every analyst saying now up now up than go SHORT and if they saying down down than go LONG in the market

When Sudarshan jee was saying many times that nifty will touch 2450 from that time NIfty was up and up.

After up move once again target 3050 fails and Now down down down

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My Notes:
Quite possible. But, sometimes we get it right. When the bull market started, I had felt that we are in unchartered areas and the market can go much further than we imagine. It did. When the bear market started, I suggested that if the Nifty breaks below 5500, then we have a straight decline to 4500. At 4000, my suggestion was that 2000 was possible.

It is about momentum. Traders should follow the momentum. The tracking of momentum can be done in a hundred different ways. Just as the worship of God can be done through many religions but the road will eventually lead to Him. So also, traders will follow momentum in their own styles, but the end result is to be close to the Market.

If momentum is on the downside, I say sell. If the Market goes up, my trades will suffer losses. BUT, sometimes the market continues to go down and the trades will make money. The net result should be: gains should be more than losses.