Difficult? Yes ! Profitable? Maybe.

[KabirofTJ]

IT varies frm person 2 person.
consider 2 persons enconter an accident n both of dem hav der leg fractured...d threshold of pain bearing capacity wil totally b diferent even if d incident is similar.
so der is no standard percentage terms universal profit target fr a trade thou 2 persons wid a same position may have d same stoploss

Maybe I could not explain what I wished to ask.
In todays trade if Long is taken in Coal India at 291, what should be my minimum, reasonable target where I exit or move up my SL ! This being a Positional trade, a gap move against is always the risk, so maybe exit partly at T1 ! What should be Target1?
Though I am sure one can carry the trade with original SL and exit only on reversal. I am positive that the overall result end of a quarter would be positive.
But many may not be able to carry the trade for long as was in my case in 2007! So wanted views what can be termed as a reasonable target.

 

[umeshmandal]

Maybe I could not explain what I wished to ask.
In todays trade if Long is taken in Coal India at 291, what should be my minimum, reasonable target where I exit or move up my SL ! This being a Positional trade, a gap move against is always the risk, so maybe exit partly at T1 ! What should be Target1?
Though I am sure one can carry the trade with original SL and exit only on reversal. I am positive that the overall result end of a quarter would be positive.
But many may not be able to carry the trade for long as was in my case in 2007! So wanted views what can be termed as a reasonable target.

Maybe Link T1 with your initial SL? Say if SL is for 12 points then T1 is 18 (1.5 times) or 24 (two times)

 

[umeshmandal]

KTJ, Have entered SBI at 1666.15 and Coal India at 291.10 Other trades not triggered. Any Intraday SL? Because closing SL are very vague and not mentally easy to apply. Any suggestions?

Exited 25 SBI taken in cash at 1691.60 ! (+625) Thanks
Holding 100 Coal India FOR DELIVERY !

Please advise a 'nearer' SL for Coal India!

 

[TraderRavi]

kabira khada bazaar mein choppy choopy kehta jaye,
operator saale aaker usko baar baar topi pehnaay

 

[whisky]

kabira khada bazaar mein choppy choopy kehta jaye,
operator saale aaker usko baar baar topi pehnaay

:lol::lol: Cha Gaye Guru thoko tali:clap:

 

[KabirofTJ]

Need an Excel Sheet to Record my Trades in an orderly manner, please help !

Any spread sheet expert willing to help me out may please upload a simple Sheet for recording trades and post the link here !
In the "masti" happening on this thread, this request of mine remains ignored !

 

[KabirofTJ]

My trades :

LONG Coal India only above : 291.00
SL close below : 278

LONG Gail India only above 335
SL close below : 322

SHORT Jindal Steel and Power only below 244
SL close above : 260

LONG SBI at as close to yesterdays close of 1671 ! SL for Long shall be a close below 1625 ! Looks set for a good move !

All SPOT/CASH levels ! One can trade in futures as per these levels. I know short trades cannot be taken in Cash segment. I dont have access to Futures chart. Shall be subscribing Futures Data soon and try to Post Futures levels too!

Trades on as on 22 Oct 2013 :

SBI , Long at anything between 1665 and 1670 , did a high of 1691.9 and Closed at 1675.25. SL for 23 Oct remains unchanged at close below 1625.

Coal India : Long >291, did a high of 293.95 and closed at 292.95 Stop Loss for 23rd Oct is moved to below 284.45and here the Long shall be Reversed to Short.

Other calls did not trigger !

 

[KabirofTJ]

Positional Trades generated for 23rd Oct :

Jindal Steel & Power Sell below 243 SAR >252
GAIL Long above > 336 SAR below 324
M&M Sell below 871 SL above 898
Tata Motors Buy closest to todays close (380) with SAR at 369

 

[timepass]

What do you mean by "positional"?? What is your time frame ?? 1 month, 2 years ?? I suppose your stoploss would vary according to that, wouldn't it ?

Recording your trades in an excel in an orderly manner ?? I don't do positional so wouldn't be a good guide on that, but it does sound straightforward. If you can show how you are storing it presently, maybe the others can suggest improvements.

Now, here's one from my side.

Day trader और Positional दोनो खड़े,

किसकी बात मैं मानू,

दोनो मोरा यौन शोषण करे,

बस इतना ही जानू.

(Copyright) TP baba​

BTW, Kabir ke dohe is my favorite trading time music, as I mentioned elsewhere in this forum. No disrespect intended to that saint.

 

[umeshmandal]

What do you mean by "positional"?? What is your time frame ?? 1 month, 2 years ?? I suppose your stoploss would vary according to that, wouldn't it ?

Recording your trades in an excel in an orderly manner ?? I don't do positional so wouldn't be a good guide on that, but it does sound straightforward. If you can show how you are storing it presently, maybe the others can suggest improvements.

Now, here's one from my side.

Day trader और Positional दोनो खड़े,

किसकी बात मैं मानू,

दोनो मोरा यौन शोषण करे,

बस इतना ही जानू.

(Copyright) TP baba​

BTW, Kabir ke dohe is my favorite trading time music, as I mentioned elsewhere in this forum. No disrespect intended to that saint.

The highlighted word is EXTRA !