A new Life, A new Career, A new Dream - I am a Trader

[DanPickUp]

@ Rajgreenpeace

Sorry, did not know that this person was you. If I would know that, then I would choose other words, as I know you in a good way. Now I will read your post and then I will give my answer to it.

But I felt that I have first to do this post with out reading in details what you now posted because of what I mentioned above.

 

[DanPickUp]

Dear ,
Dan I know you are good person and I like your debate......I told Taiki to stop trading after reach his tgt.....you never forget this Gentlemen Just left job..for....... trading.......he will lose his confident..if he beat early in his trading life ......"A new Life, A new Career, A new Dream - I am a Trader" lot's of emotion behind this sentence ........ I want to increase his confident...its psychological.....He is new...if he earn money....first six ....month...confidently......then.....he will get more confident.....You never forget....this post only for newbies....seniors traders like u don't need to follow this.....for newbies its like TEST cricket match.....first..10 overs is very important....pitch pe jam gaya tu run aise he ayega...........Now tell me what is your monthly target? Mine is 3 lacs...then...what is the problem if I stop trading after get this huge amount.....if I achieved my target with in 1 week.........next 3 week will be time pass and learning trading.....:thumb::thumb::thumb::thumb:

Dear buddy

And first again: Sorry, but I did not know it is you. I do not have any problems to say; Sorry, to people I know which know what they do and specially not show off.

Now lets go back to business:

You trade now for 10 years. You do not need to build up your money any more (which is a suggestion from my side after reading all your posts).

Taiki on the other hand seems he MUST build up his safety for the future. That would mean he not can rest after making some money. He has to follow the rules which JG has explained a bit more in dept compare to my post.

We now could discuss about philosophy of life and how it can be lived. As I do not know (and Taiki you do not need to tell that) how old the thread owner is, this may is the critical point from my view to yours.

Your funds are enough big to live the way you do.

Crucial question: Are his funds enough big to do so? If not, he must build up it all the time. I am sure he would love to be in your situation, but he seems to be NOT.

Coming to your question: What is my monthly target?

I am a bit surprised how open you talk about that number from your self and at the same time you worry about internet banking.

Hope you got that point

Take care / DanPickUp

 

[Taiki]

Finally I opened my account with TradeSmart Online and watching Nifty on NOW . But have few basic question on NOW layout which i am not getting and did not find any clue in the user manual as well It will be helpful if any NOW user can explain this points to me in his/her free time.

1. Check the box marked in Red Square. It displays two things NSE and OddLot Marekt Closed. What do they tell ? Is it about market running status ? If so then I have taken this pic around 9:30 AM today,

2. Below to that there is a blue coloured rectangle marked in the pic. What is the use of this box? What data does it display ?

3. Next is the yellow coloured rectangle, that contains 3 boxes. This is also not displaying anything. What is the purpose of those 3 boxes ?

Suppose I dont need the box mentioned in point 2 and 3. is there any facility to remove them or make them reappear ?

4. In the watchlist I have added Nifty index(Spot price) as the 1st quote. There you can see the price as coming as 57.78 instead of 5778. But for Nifty FUT it is coming okay. Why so ??

Regards
Taiki

 

[timepass]

1. Check the box marked in Red Square. It displays two things NSE and OddLot Marekt Closed. What do they tell ? Is it about market running status ? If so then I have taken this pic around 9:30 AM today,
Don't know how to remove that one. Never used it.

2. Below to that there is a blue coloured rectangle marked in the pic. What is the use of this box? What data does it display ?
Right click on the white area and select the indices. Mine looks like this :

3. Next is the yellow coloured rectangle, that contains 3 boxes. This is also not displaying anything. What is the purpose of those 3 boxes ?

Suppose I dont need the box mentioned in point 2 and 3. is there any facility to remove them or make them reappear ?

Those boxes display some trading messages. I have removed them. Just hold them by the border and drag them outside, you should see an "x" on top right corner to close it.

4. In the watchlist I have added Nifty index(Spot price) as the 1st quote. There you can see the price as coming as 57.78 instead of 5778. But for Nifty FUT it is coming okay. Why so ??

This point is interesting. Would like VNS to answer this.

Regards
Taiki

The answers in blue above.

 

[Taiki]

The answers in blue above.

Wow, Thank you TP bro for so quick response

 

[soft_trader]

@ Taiki,

1. It is the indicator bar. It indicates the connection strength.

2. You can add Nifty/ sensex spot prices here. Right click on it and select 'show indices dialog'. Now select the index you want to add say nifty and then right click on nifty and select 'add to dlgbar'

3. Middle black bar has no use.

4. It it a problem with NSE.

 

[Taiki]

Just found out the use of middle black bars (Point no.3). They are Scrip Ticker and Trade Ticker. I have added ticker for some scrips now. And its cool to look at them

I guess the second one will display the trade ticker. But could not verify it as have not done any trade so far.

But still looking at the number of dropdowns and their usage. Thank you tp bro and softy bro for your help

 

[Happy_Singh]

Window >> Layout Manager >> Save Layout


Use it


.

 

[jagankris]

Taiki check out the slippages when your are trading with this broker ?
Say place a market order buy/sell or close position.
1) Check if your price catches quotes.Or takes time and end up in few points lesser.
2)Server disconnection/hanging periods.
3)Server disconnection before a market rally etc.

 

[Taiki]

EOD Summary

No trades today. I had intended to start the new series with a positive note but got frustrated with a huge gap again. This is coming as a serious -ve of my system. In the month of June 4 gaps have been created. And in all case except one I sat with no trade. One time I was lucky because market just opened at my signalled price. But in other cases during strong momentum Nifty is hardly retracing back to entry price. So the result is I just watch Nifty's rise/fall with no trade.

Task for weekend

Need to study the pattern during gaps in past data, need to implement this feature in my system and backtest.