diary of a day trader

[chataara]

done it again...lost 45k.....shorted and averaged......waited for pullback which never came.....completly exhausted.....

Dear friend

very sorry to hear this,

Yesterday, in the morning session my profit was rs. 3500. All this came by shorting. In the closing session I was stuck up with another PE in tata motors. Wow... All my profit gone and another 1000 rs. loss i incurred.

But, at the end of the trade bought tata motors pe 156.

Today I got 2000 rs. profit from that.

Thanks

 

[TraderRavi]

I think nifty can touch 5170 in the next week.....so lets see....

 

[TraderRavi]

2011 SIGNALS :

NIFTY INDEX :

TD SEQUENTIAL :

1) BUY SIGNAL generated on 25 feb @ 5303....high made by nifty , 5608 on 4 mar then 5900 in april 1st week...

2) BUY SIGNAL , 21 june @ 5275, high made 5740 on 8july....

3) BUY SIGNAL , 23 sep @ 4867...high made 5015 on 29 sep till now..., still active

TD COMBO :

1) BUY SIGNAL , 9 feb @ 5253, high made 5599 on 18 feb

) BUY SIGNAL , 26 aug @ 4747 , high made 5169 on 8 sep


total setups 6 in 2011, 5 buysetups, 1 sellsetup......it shows we are falling continuosly, TD trying to pick bottom for small rallies.....therefore no sellsetups..

 

[TraderRavi]

2011 SIGNALS :

BANKNIFTY INDEX :

TD SEQUENTIAL :

1) BUY SIGNAL , 11 mar @ 10740...high made 11800 on 4apr..

2) BUY SIGNAL , 13 sep @ 9340 ...high made 9930 on 21 sep..still active..

TD COMBO :

1) BUY SIGNAL , 25 aug @ 9177 , high made 9920 on 8 sep...


total 5 setups in 2011, 3 buysetups and 2 sellsetups....

one interesting observation is setup alone is tradable in Banknifty..

 

[at145]

Hi Ravi, Would you please post the afl for TD Combo? Tried searching it but found only TD Sequential so far, thanks.

 

[Debarghya Mukherjee]

My dear friend Ravi,
I feel sorry to hear it. But some wise men said "learn from your failure and never repeat the same mistake, then nothing can stop your future". I hope this speaks all. How ever you have guts to share your failure in an open forum. That is the spirit. Good luck for your next trade.

Happy Trading
Debarghya Mukherjee

done it again...lost 45k.....shorted and averaged......waited for pullback which never came.....completly exhausted.....

 

[TraderRavi]

Hi Ravi, Would you please post the afl for TD Combo? Tried searching it but found only TD Sequential so far, thanks.

I have the same AFL used for TD Sequential...have not seen afl for combo...

 

[at145]

Ravi,
Strange! few posts back you are giving signals based on both, TD Sequential as well as TD Combo or am I making mistake in understanding. By the way it is OK if you would like it to keep private, thanks.

 

[TraderRavi]

Ravi,
Strange! few posts back you are giving signals based on both, TD Sequential as well as TD Combo or am I making mistake in understanding. By the way it is OK if you would like it to keep private, thanks.

relax man !..do you understand what TD COMBO is ?....it is the same counting procedure as TD Seq. except 2-3 more rules . its all done manually. no buy - sell signal afl is there. even the TD Seq afl which is used for combo too, only counts 9 setup days rest all to count manually. now you understand or not ? no part of my trading life is secret/hidden/private. everything written down here since my starting days.

 

[at145]

Ravi, thanks and yes I don't understand either TD Sequential or TD Combo. I am trying afl of TD Sequential and wanted to try TD Combo as well as I was reading about that too in TJ. I'll try to read on TD systems as a whole to better understand them, thanks.