Day Trading Futures

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XRAY27

Well-Known Member
Market progressing on expected lines.



Smart_trade
Smart trader sir...

There is a double shoulder inverse head and shoulder pattern in weekly
showing good heights for market....
 

josh1

Well-Known Member
Hi Guys,

Hope feb went good for everyone lets get ready to march on march.

Lots of soh days for me in feb nearly 6 days of break even with soh included, but nevertheless feb was a good month.

1. For those who are struggling with narrow ranges I would suggest to go through Pratap bhai's thread where he had mentioned how to avoid sideways. Believe me it works awesome. With that simple technique

2. Thanks Augubhai for your advice to use that technique ), I am so happy about trading results.

3. I also had my own methods to filter neutral markets.
So, a great learning for me this feb month thanks Pratap bhai and augubhai and ST for the help. I am amazed how my perspective is going on changing, initially I thought market was easy. Then, I got mauled by markets, then slowly learned and was in profits, but still got beat up by sideways, then

4. asked ST some 20 times about how he avoids sidewayss :p, he had answered it the first time itself so I said to myself "Idiot re read the post and understand it".

5.Then came the most toughest task, I had a method to trade trending markets, I had a method to avoid neutral markets and a method to avoid sideways markets. But, how can I maximize my profits when markets are transitioning from trending to trading or trending to neutral, damn, this was tough, but Columbus bhai came into rescue here, his thread on BB, along with some more ideas extracted from another forex forum, helped me to maximize profits.

6. Next task for me was to stay on sidelines whenever market is not trending and trade when market is trending, here I noticed that its very easy to trade sideways market once you identify it is sideways, so I was able to easily design a method for trading sideways market, thanks to Raghavcc for this which was the core concept of this methodology, which is in turn derived from ST stoch method and Columbus BB method.

Thanks guys a big thanks to one and all, just felt like posting this, this post might seem gibberish to those who have crossed my stage or before my stage, but whoever is in my stage, who is already making money from markets and needs to become a skilled trader, will surely find my post of some use, at least they can get an idea of what might work and will reduce the slope of their learning curve.
Hey,

Nice post but incomplete..! Please repeat this post with links to the threads/posts referenced. That will be really awesome learning for others. I have straightened it for your convenience.

On second thought, you can do a new thread out of this. Say "How I learnt to become profitable trader"

regards
 

Tlahuicole

Well-Known Member
Hey,

Nice post but incomplete..! Please repeat this post with links to the threads/posts referenced. That will be really awesome learning for others. I have straightened it for your convenience.

On second thought, you can do a new thread out of this. Say "How I learnt to become profitable trader"

regards
Oops yes the major part thanks for compiling I will give threads for your reference as per your bulleting,

1)Detecing sideways and trading ranges.
http://www.traderji.com/advanced-trading-strategies/89870-combining-trend-vwap-ranges.html

2)For trend trading techniques.
http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading.html
http://www.traderji.com/day-trading/72827-thoughts-day-swing-trading-part-2-a.html

3)For range trading systems.
http://www.traderji.com/day-trading/30182-how-trade-oscillator.html
http://www.traderji.com/day-trading/40980-my-daytrading.html

4)For profit taking ideas.
http://www.traderji.com/day-trading/27421-bollingerbands.html

5)For risk management.
Van tharp's Trade your way to financial freedom and The Super Trader.

Hope the above will help, my next step would be to concentrate more on changing rules if market moods start changing, I have asked doubts to two seniors through PM, will work on that based on their suggestion.

Above all it started from Teach a man to fish thread, thanks to Saint bro for that, I dont have the link only the soft copy of the pdf book which was uploaded from fellow trader.

A thread on the whole topic I will do sometime, currently no time bro, as I trade the markets till 3.30 and work in office from 4.30 to 12.30.

I will start a thread where it will be of some use to others once I am a full time trader and that will be in sometime till I accumulate my trading capital to an amount from which I will make twice my job pay ;).
 

manishchan

Well-Known Member
Gems !! :thumb:

Oops yes the major part thanks for compiling I will give threads for your reference as per your bulleting,

1)Detecing sideways and trading ranges.
http://www.traderji.com/advanced-trading-strategies/89870-combining-trend-vwap-ranges.html

2)For trend trading techniques.
http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading.html
http://www.traderji.com/day-trading/72827-thoughts-day-swing-trading-part-2-a.html

3)For range trading systems.
http://www.traderji.com/day-trading/30182-how-trade-oscillator.html
http://www.traderji.com/day-trading/40980-my-daytrading.html

4)For profit taking ideas.
http://www.traderji.com/day-trading/27421-bollingerbands.html

5)For risk management.
Van tharp's Trade your way to financial freedom and The Super Trader.

Hope the above will help, my next step would be to concentrate more on changing rules if market moods start changing, I have asked doubts to two seniors through PM, will work on that based on their suggestion.

Above all it started from Teach a man to fish thread, thanks to Saint bro for that, I dont have the link only the soft copy of the pdf book which was uploaded from fellow trader.

A thread on the whole topic I will do sometime, currently no time bro, as I trade the markets till 3.30 and work in office from 4.30 to 12.30.

I will start a thread where it will be of some use to others once I am a full time trader and that will be in sometime till I accumulate my trading capital to an amount from which I will make twice my job pay ;).
 

niftyoption

Well-Known Member
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manishchan

Well-Known Member
Well, NSA, GCHQ, the rest of the five Eyes and all other, more or less good technically founded secret services (Russia, China, India and so on) will enjoy it. This will give those (what ever you want to call them) some new sources and possibilities to illegally spy on every body and every bodies business. (https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/)
All the great inventions in the human history have brought along powers to create a new path for human being as well as destroy them. All new invention has it's pro's and con's which are always arguable. So yes... great idea which will have lots of disadvantages :)
 

XRAY27

Well-Known Member
hi

Gm TJ's

Today's thought (which i liked the most)

Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead…
my guiding philosophy is playing great defense. If you make a good trade, don’t think it is because you have some uncanny foresight.
Always maintain your sense of confidence, but keep it in check. -

Paul Tudor Jones II
 
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