Day Trading Futures

[HEM]

again, small scratch trades.. could've done much more.

The good thing is, it was a trending day, and I didn't make a loss.

The net income should be about 400 today, will withdraw 500. Chai ki laarryy

TP bro,

Don't worry.....You are doing nice in your trading style..... carry on....:thumb:




HEM

 

[niftytaurus]

Using smaller and bigger timeframes for short,medium and long term trends is what most do...and it is easy. But one can see all these 3 trends on a single timeframe of 5/15 min too...and that is a bit difficult but will give full picture of the trend.

ST

Thanks ST Da for reply..
Whenever You have time, Kindly post a chart & explain how to see all 3 trends in a single TF..
Thanks again

 

[TradeJoker]

daily saving ssytem ?

again, small scratch trades.. could've done much more.


The net income should be about 400 today, will withdraw 500. Chai ki laarryy

 

[pratapvb]

Thanks ST Da for your trading insight.
Should we use various TFs to decide various kinds of trends like short ,medium & long term? I mean short term trend which is showing on 5 min? for medium trend which time frame should be used..30 min or 60 min?
I sometimes get confused between short term ,meduim term & long term trend?
Thanks

a lazy man's view of short medium and long term trend from trading perspective

blue-pink 15-13 band is short term
brown 60-13 band is medium term
blue-grey daily-13 is long term



today did not break short term also

 

[XRAY27]

a lazy man's view of short medium and long term trend from trading perspective

blue-pink 15-13 band is short term
brown 60-13 band is medium term
blue-grey daily-13 is long term



today did not break short term also

Pratap sir !! nice to see you in TJ...after long time !!!

 

[timepass]

Congrats ji for continuous hits!

In what basis do you choose stocks?? Sometimes I feel your stocks are different. I couldn't guess the reason why you picked them

Just curious

Today, Union bank because it is in a serious downtrend since last 2-3 days and expected it to go down. Shorted when the chart indicated, but couldn't hold my nerve when the last trade went 30-40 paisa in the other direction.

Hindalco, again the chart said that it was good for a scalp so scalped short once. Then towards the end, when it was showing strength at 160, the chart said buy on dips, so placed a buy at 159.25; but it reverted from 159.3

Actually these days I have a lot of cancelled orders, mainly cancelled because I couldn't hold them at the time. All these orders are placed as per my chart reading and most of them turn out to be good decision, had I not cancelled them .

Anyway, November is still slightly in red. Should've become green today, but I was too cautious. Maybe next week

 

[sudoku1]

NF trend ↑

tgt : 8555

bulls marched on finaly cutting out d line of least resistance n overpowering bears on d way

 

[manishchan]

a lazy man's view of short medium and long term trend from trading perspective

blue-pink 15-13 band is short term
brown 60-13 band is medium term
blue-grey daily-13 is long term



today did not break short term also

Pratap bhai.. long time no see..

Welcome back and great to you see you !! :thumb:

 

[manishchan]

again, small scratch trades.. could've done much more.


The good thing is, it was a trending day, and I didn't make a loss.

The net income should be about 400 today, will withdraw 500. Chai ki laarryy

people get chopped on range day.. why trending day gives u loss ?? Koi secret game hai kya ??

 

[timepass]

people get chopped on range day.. why trending day gives u loss ?? Koi secret game hai kya ??

No secret, just personal history.. It seems that I suffer from that syndrome "it has already gone up so much, it will fall down now" or "it has already fallen so much, it will rise now"