Day Trading Stocks & Futures

[sudoku1]

re: Day trading Nifty & Banknifty Futures

Level based trading like Pivot, Fibo etc is completely different than indicator based trading. You need to be alert always and you have to observe live how market is reacting at those levels (1-2-3 min candle patterns developing) rather putting a stop loss blindly there. with small manual stop loss. It needs experience, patience and alertness. But, Reward to Risk ratio is much higher in Level Based Trading when successfully implemented.

My personal view is, developing a skill using Level based trading like Fibo/Pivot/Price Pattern is far better (see here many successful traders like me, HEM.. many) than searching & trying for a holy grail indicator for life. Our life is too short.

Happy Trading.

But only Level Based and Support Resistance traders can catch Top & Bottom constantly

i shud disagree on dis front as many others !

But, Reward to Risk ratio is much higher in Level Based Trading when successfully implemented.

point taken

 

[starscream]

re: Day trading Nifty & Banknifty Futures

i shud disagree on dis front as many others !

Why you have quoted only my partial comments, it look different.

"But only Level Based and Support Resistance traders can catch Top & Bottom constantly with small manual stop loss. It needs experience, patience and alertness."

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Successful traders don't need to change their systems. I advised to shifting to our method of 'Level/Pattern Based Trading' for those (not U/Other Successful Traders here who are still searching for success.

Best Wishes.
Happy Trading.

H.C.

bro even george soros doesnt catch top and bottom.
at this rate you will be the richest person in the world .
best of luck. :thumb:

 

[sudoku1]

re: Day trading Nifty & Banknifty Futures

i shud disagree on dis front as many others !

Why you have quoted only my partial comments, it look different.

"But only Level Based and Support Resistance traders can catch Top & Bottom constantly with small manual stop loss. It needs experience, patience and alertness."

-----------------
Successful traders don't need to change their systems. I advised to shifting to our method of 'Level/Pattern Based Trading' for those (not U/Other Successful Traders here who are still searching for success.

Best Wishes.
Happy Trading.

H.C.

bcoz i found d other part useful

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

JMD = SavantGrade ?

 

[timepass]

re: Day trading Nifty & Banknifty Futures

Freak trade in TCS August futures. Look at the high. When did it come ?

Can someone check the data listing for the same ? TradeTiger's data listing for this scrip starts at 9:20. I don't know how to get data listing in NOW.

 

[Somatung]

re: Day trading Nifty & Banknifty Futures

@Jai Mata Di

Thanks to come up with the topic about Fib 61.8% levels. Also thanks to come up with your knowledge/thoughts about trading based on levels in any way. I would not be fine if I would see now you feel being pushed in a corner and feel to self defend your self about your way of level trading. No need of that, as there are so many ways of trading to be successful. Kindly post further what your experience with your way of trading is. I love to see levels and I love to see those levels in combination with other patterns. Take care

 

[timepass]

re: Day trading Nifty & Banknifty Futures

Freak trade in TCS August futures. Look at the high. When did it come ?

Can someone check the data listing for the same ? TradeTiger's data listing for this scrip starts at 9:20. I don't know how to get data listing in NOW.

Got it in NOW...it happened at 9.20; wasn't a fluke either because it is a fat quantity (135 lots).

What could it mean ? ST and others tracking this scrip, please comment.

 

[manishchan]

re: Day trading Nifty & Banknifty Futures

Freak trade in TCS August futures. Look at the high. When did it come ?

Can someone check the data listing for the same ? TradeTiger's data listing for this scrip starts at 9:20. I don't know how to get data listing in NOW.

Same in Zerodha Nest. To get the data list in Now.. just right click on the script => Plugin Command (last option) => Data Table

 

[manojborle]

re: Day trading Nifty & Banknifty Futures

Freak trade in TCS August futures. Look at the high. When did it come ?

Can someone check the data listing for the same ? TradeTiger's data listing for this scrip starts at 9:20. I don't know how to get data listing in NOW.

photo upload sites
Same in GDFL's data feed also

 

[timepass]

re: Day trading Nifty & Banknifty Futures

I showed here how to catch bottom and top live using price pattern recognication & fibo level in day trading.

Bhai, please provide the link to the relevant threads in your signature. Since most of the members aren't familiar with your other ids, they may be missing the knowledge contained therein. Providing the link will mean that sometimes someone will click on it and read it, and maybe comment/ask questions. The threads and the knowledge will be kept alive.