1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Sir with these question, can you please mention how risk value effect buy/sell call in StockTracker sheet with changing value of Pivot and Flow using minute timing.

Thank's
The Risk Value is introduced so that we can take safe position. Remember the LONG or SHORT positions are generated using the LOW and HIGH Price of the Day. So if you have missed the boat then you will be wondering whether to enter the position now...

You can always enter the position using the column "Add more @", when it says "BUY MORE" or "SELL MORE".

In the Pivot based system the concept is,

We initially enter a position, and then Add positions...

Now coming to the Risk part, Let us say you are buying NIFTY. The LONG call was generated at 5700, Between what price you will enter ? If your risk is 10% of the profit (1% of the Price), then you can take a risk of say 5.7 points for NIFTY. so you will buy in the Range of 5700-5705.7... If the price is well above 5705.7 then it is not falling within the 10% Risk Range....

The Same will hold true for the "Add more @" positions also...
 

anup

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Yup..Got it...thanks...Hey i am confused between Buy/Sell action and More action..Plz clarify these two fields
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Yup..Got it...thanks...Hey i am confused between Buy/Sell action and More action..Plz clarify these two fields
I will update the Readme sheet. In the meanwhile please see the post 1262. It is explained.You have joined this forum very late. So before asking any question please go through the forum. I know it is a pain but we cannot keep repeating the same stuff for every new member :(
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Dear Sir
Thanks a Lot for your replies...Now i am getting the points...To get more clarification, i m uploading an image of screenshot that i found at around 1 PM Today...First look at screenshot

1. All the Flow Signals Are Saying STAY LONG and Buy or Sell is Saying BUY....Is it means that i should buy stock now ( if not buy earlier) and Hold if already bought?
2. At the same time Buy/Sell Action column is saying Wait... So whom should i listen.....
3. In TATA STEEL...it is said to BUY MORE at 413.3 ...Is it means that if i have not bought the share i can buy it at 413.3 and if i already bought i should buy more?

Pls reply
 

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healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Dear Sir
Thanks a Lot for your replies...Now i am getting the points...To get more clarification, i m uploading an image of screenshot that i found at around 1 PM Today...First look at screenshot

1. All the Flow Signals Are Saying STAY LONG and Buy or Sell is Saying BUY....Is it means that i should buy stock now ( if not buy earlier) and Hold if already bought?
2. At the same time Buy/Sell Action column is saying Wait... So whom should i listen.....
3. In TATA STEEL...it is said to BUY MORE at 413.3 ...Is it means that if i have not bought the share i can buy it at 413.3 and if i already bought i should buy more?

Pls reply
Did you read the post 1262? You are asking the same questions again in another format :(
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

I will update the Readme sheet. In the meanwhile please see the post 1262. It is explained.You have joined this forum very late. So before asking any question please go through the forum. I know it is a pain but we cannot keep repeating the same stuff for every new member :(
Yes, I agree with Raj, all new joiners to the thread should go through the thread before asking questions. I believe everything is already said and explained.
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Shivangi,

Your Strategy is suitable for Positional traders as well?Secondly,from your AFL Collection list which one are you using for above charts?
Hi Shviangi,
Would you mind to share your strategy here.
Thank you.
Chidan
 

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