Day Trading Futures

[OMSAI]

I don't think that it needs a big organization to run such a scheme within this forum, but the proponent has to make initial efforts, then it will be on auto-pilot.

Define the scheme clearly, the members can pitch in the ideas. Let it take time, doesn't have to happen the next week or expiry. It is an evolving idea, isn't it ? You began by offering a 2lakh prize for zerodha like scheme, then changed it to weekly + expiry and 4 lakh prize. Then I mentioned bank nifty and you agreed to that. So, it is an evolving idea, collect ideas from everyone and crystallize the rules. All good things take time.

It's a good idea. Let's not have any jhatka kind of work here. If it is implemented after discussions, the members will have more confidence in it and will see greater participation. So, Raj, your sustained interest will be required for the initial stages.

The members, why not toss the idea around and put in your thoughts too.

My thoughts -

1) start with the weekly only, for two instruments - nifty and banknifty - both spot values.

2) let the contest be open to traderji members before August 2014.

3) Let the predictions end at 9pm on the second last session of the week, and then close the thread.

4) Work out a formula so that the earlier predictions get a wider range.

if it works out successfully for the weekly for some period, then we can move on to monthly/expiry predictions.

Your wish....
http://www.traderji.com/futures/95151-give-your-prediction-take-4-lacs-inr.html

 

[sudoku1]

Discussions r gaining new highs like as if Omsai has kept cheque of 4 lac ready aka KBC..widout permision acces frm TJ admin 2 run such scheme by a membr..its futile 2 xpand d discusion abt who wil bell d cat unles 1 wants 2 compensate his trading holiday:-D

 

[nirav_j]

Discussions r gaining new highs like as if Omsai has kept cheque of 4 lac ready aka KBC..widout permision acces frm TJ admin 2 run such scheme by a membr..its futile 2 xpand d discusion abt who wil bell d cat unles 1 wants 2 compensate his trading holiday:-D

Yes, one must find a better way to compensate his trading holiday !!

 

[timepass]

Your wish....
http://www.traderji.com/futures/95151-give-your-prediction-take-4-lacs-inr.html

Discussions r gaining new highs like as if Omsai has kept cheque of 4 lac ready aka KBC..widout permision acces frm TJ admin 2 run such scheme by a membr..its futile 2 xpand d discusion abt who wil bell d cat unles 1 wants 2 compensate his trading holiday:-D

Link not valid, it says. Well, Raj, I guess a member will have to take the moderators on board for this. Great idea, though.

 

[sudoku1]

Link not valid, it says. Well, Raj, I guess a member will have to take the moderators on board for this. Great idea, though.

d thread link has been deletd by mods sending a clear message dat Omsai"s scheme is forbidden in TJ land

 

[timepass]

d thread link has been deletd by mods sending a clear message dat Omsai"s scheme - in its present form - is forbidden in TJ land

:console:

:gunsmilie:

 

[Smart_trade]

Nothing is forbidden in TJ as long as it helps members to learn the craft of trading and evolve as better traders.I have read last few posts....but we are not convinced that there is any method to forecast the index level to the last digit days in advance. So it will be a wild guess or shooting in the dark kind of guesswork which anyone can do....if someone claims that he has a definite method of such accurate forcasting, and he will share this method we would like to hear from him. Else how does a common member of TJ benefit by this competition...there are many great traders but they are of no use to common members unless that show desire to share their methods....and they may not share the exact method which they trade but all good traders have a atleast 2-3 methods which are as good as the method which they trade.We dont want to encourage " Look I bought here...sold here...made so much but wont tell the method...for that you have to subscribe to my paid calls " kind of experts....

But we are not having a closed decision on this....but the present form is not to our liking...we are open to consider some other form which will help the general members...

Smart_trade

 

[nirav_j]

ST bhai, I remember you mentioning in one of your posts that it will take quite some time for you to explain the method that you currently use to trade intraday ...

would you be explaining it in the I day thread ?

Also,
I personally am interested in learning where you place stops and how you deal with entries and exits and Qty.

Even if you post it after MKT, it will be hugely beneficial ....

Same goes for Pratap bhai ... I didnt really have day trading perspective earlier @ your posts highlighting trades taken, entries exits....

would really appreciate you restarting those posts ...

 

[Smart_trade]

ST bhai, I remember you mentioning in one of your posts that it will take quite some time for you to explain the method that you currently use to trade intraday ...

would you be explaining it in the I day thread ?

Also,
I personally am interested in learning where you place stops and how you deal with entries and exits and Qty.

Even if you post it after MKT, it will be hugely beneficial ....

Same goes for Pratap bhai ... I didnt really have day trading perspective earlier @ your posts highlighting trades taken, entries exits....

would really appreciate you restarting those posts ...

Are bhai I am a resident of this forum....I keep sharing whatever little I know but I am interested in bringing outside trading talent / silent guys and I am working on it.....

I know a super successful trader who trades on RSI on different time frames and he has designed his method which is deadly accurate...he tried to explain it to me...but I have so far not got the hang of it...I know many guys will have alergy when indicators are mentioned but this guy is fantastic and very accurate on market turnings....let me see if I succeed in getting him here...

ST

 

[nirav_j]

Are bhai I am a resident of this forum....I keep sharing whatever little I know but I am interested in bringing outside trading talent / silent guys and I am working on it.....

I know a super successful trader who trades on RSI on different time frames and he has designed his method which is deadly accurate...he tried to explain it to me...but I have so far not got the hang of it...I know many guys will have alergy when indicators are mentioned but this guy is fantastic and very accurate on market turnings....let me see if I succeed in getting him here...

ST

All the power to you Sir

But seriously, trade management over the intraday/ Daily TFs is something that is of a lot of importance and doesnt get much attention ....

It is in these areas, where posts from experienced traders like you and others will be hugely helpful ... :thumb: