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

[Happy_Singh]

Mr Jagankrish i wish u share ur system with us too....

so that we can also make money.....

i humbly request you to teach us new ideas with ur real time live trading examples....

thanks you Jagan

Bro 90% of his "system" is already shared above . . . (entry/exit/sl rules amount to less than 10% of the system)

If someone shows sincerity by working on that 90% that is already shared . . . maybe then Jagan would share the other stuff with (only) them


I am sure if you were to do that, Jagan may be inclined to share more with you . . .

So will we see a new thread from you, making an attempt at writing / finalizing your own trading plan?


Happy

 

[sumosanammain]

Bro 90% of his "system" is already shared above . . . (entry/exit/sl rules amount to less than 10% of the system)

If someone shows sincerity by working on that 90% that is already shared . . . maybe then Jagan would share the other stuff with (only) them


I am sure if you were to do that, Jagan may be inclined to share more with you . . .

So will we see a new thread from you, making an attempt at writing / finalizing your own trading plan?


Happy

Well said. Second best post on this thread according to me.

 

[HEM]

----------------------------------

 

[musicjunkie]

Excellent Jagan, enjoyed reading that post.
I used to have a minified version of something similar posted on my trading desk.

 

[sumosanammain]

Excellent Jagan, enjoyed reading that post.
I used to have a minified version of something similar posted on my trading desk.

Hey MJ! Been more than a year since we met . Hope you remember me

 

[musicjunkie]

Hi!
I'm great, I hate to turn this thread into reunion mode so apologies to the readers.
Could you remind me of your name or perhaps pm me? If we have met i'm sure you'll strike the cord of memory right away.
How has trading improved since we met?

MJ-

 

[Taiki]

Dear Taiki,

Posting a sample trading plan.
Which I found in my system.Not sure where and when I downloaded after modifying.

Change according to your beliefs,system and style.May be Dan,Anurag ji and other friends will help us to improve this.

Dear Jagan bro,
Thank you very much,

It is so nice of you for summing up everything in details. The great about the plan is it suits my trading style the best, and it is fulfilling the lacks of my strategy. From the beginning I was looking forwards to ways for integrating smaller time frame to my hourly plan. This weekend I was reading two ebooks on trading. I must recommend them to all newbies to read them. And those two books have described it quite well how using multiple time frame in analysing and trading the market structure.

They are -

1. Marcel Link's High Probability trading.
2. Price Action Trader by Lance Beggs (Not finished yet, continuing)

I will write down my final strategy and plans by evening, and seniors can have a look and suggest any modifications. And the best thing I like about your given plan is the way you have put up the milestones. So after this I am going to follow the plans strictly with keeping those milestones in target.

And before I proceed I have few doubts, It will be better if you clarify them.

- I prefer to use fixed Volume based bars to eliminate the candle stick price noise.

- System should display only the trade in progress, long or short., entry price, stoploss, Quantity that is traded.
.
- Support Resistances,Trade location, price bar on which trade occurred target(s), stoploss need to be plotted.

Each of those points are not clear to me. Are you talking about any Amibroker AFL based system which will draw/write these things on my chart ??

Regards
Taiki

 

[Taiki]

EOD Summary

No Trades were done today. I was busy in learning and analysing my trade setup.

Regards
Taiki

 

[jagankris]

Dear Taiki,

- I prefer to use fixed Volume based bars to eliminate the candle stick price noise.


In Amibroker instead of the standard price chart.
There is an option to create the candles according to volumes filled also.
It will reduce the noise of the price in choppy times.

- System should display only the trade in progress, long or short., entry price, stoploss, Quantity that is traded.

Not mandatory.If you could create your own system with the rules then it is applicable else not.
.
- Support Resistances,Trade location, price bar on which trade occurred target(s), stoploss need to be plotted.
- You can mark it and save the daily charts as images in your system - book keeping of daily trade charts.

Just remember/memorize the pivot patterns in Smart Trades post.
Just learn what is necessary for trading.

Hope this answers your questions.

 

[Taiki]

No trades were done today. Staying busy in few system modification, backtesting and learning activities. Tomorrow having some travel plans. Will resume trading from thursday with modified strategies.

Regards
Taiki