Day Trading Stocks & Futures

pannet1

Well-Known Member
a probable short hereafter or tomorrow (if triggers)
drreddy
View attachment 28773
this is no way intended to judge you. love your charts.

some problem with TA (or its an advantage).

Will you look for short if

1) you did not know the script name
2) you inverted the chart (without the indicators at the bottom)
3) if you think that INR will continue to get beaten by USD

please dont get influenced by my thoughts. just trying to prove ... TA is a fallacy

just my few paise.
 

Raj232

Well-Known Member
this is no way intended to judge you. love your charts.

some problem with TA (or its an advantage).

Will you look for short if

1) you did not know the script name
2) you inverted the chart (without the indicators at the bottom)
3) if you think that INR will continue to get beaten by USD

please dont get influenced by my thoughts. just trying to prove ... TA is a fallacy

just my few paise.
Bhai.. you were going to post your ledger and learnings... what happened ? waiting eagerly got your detailed post :)
 
this is no way intended to judge you. love your charts.

some problem with TA (or its an advantage).

Will you look for short if

1) you did not know the script name
2) you inverted the chart (without the indicators at the bottom)
3) if you think that INR will continue to get beaten by USD

please dont get influenced by my thoughts. just trying to prove ... TA is a fallacy

just my few paise.
1) if i dont know the scrip name and i have chart for it... no problems if i want to trade it.
2) Indicators are just indicative... no need to use them ( in my case i am quite handy with them so i use it.)
3) i think USD will correct till 71.20-70.50 zone aprox then will ride to cross 75.

If you are trading with statistical data- charts are just graphical representation of it. pictures are always easy to understand/remember than figures.
I think I understood your question and replying accordingly.
 

pannet1

Well-Known Member
Bhai.. you were going to post your ledger and learnings... what happened ? waiting eagerly got your detailed post :)
master trader remains elusive and mystical

he was up by 10% and just i was about to withdraw in 2 days time .... drawdown hit 30% ... and i have to withdraw from capital ...
imagine shorting copper, crudem and crude again & again, when they were not giving opportunity to cover short legs. so the MO is like ...

short
short
short
cover
short
short
short
cover

basically its averaging the loosing side throughout the day and continue the next day.

still had several aha movement where the down channel is bought and vice versa.

i realize i cannot articulate much and loss of words.
 

pannet1

Well-Known Member
1) if i dont know the scrip name and i have chart for it... no problems if i want to trade it.
2) Indicators are just indicative... no need to use them ( in my case i am quite handy with them so i use it.)
3) i think USD will correct till 71.20-70.50 zone aprox then will ride to cross 75.

If you are trading with statistical data- charts are just graphical representation of it. pictures are always easy to understand/remember than figures.
I think I understood your question and replying accordingly.
IMHO, you are one of the successful trader around here. its a delight to read your posts. but you just gave an opportunity for my ramblings so others can think. so we all learnt you are biased (based on INR) ... way to go (you accounted everything).

there is nothing for me to teach you ... may be there is something to learn.
 

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