General Trading Chat

[msa5678]

SGX Nifty (May 1) 8,256.50 + 46.50

Looks like you are holding LONGS.

 

[oilman5]

since free time,
pl understand trading bias ie. edge from chart .1hr -day- 5day this 3 , i understand - trend in any of them, support/resistance , imp pivot - in near future expected price behavior near them - u r supposed to trade.
2 approach- to buy @ support or break dn, similarly resistance break or reversal - u have to visualise. pl see in light of economy/money coming or going out at this juntures,
use probability & risk control - essence of trading.
afterall price can do only 3 thing, up -dn- staying there , pl eliminate one by observation , then u can tackle other 2. IF all 3 can happen u think, u shall lose money- better rest and observe. CHOICE TO ONE , and getting out quickly incase not happening = skill of trader. ADD ON right trade ,u r master trader

 

[XRAY27]

Some Lessons from April series

1. Plan should be added to counter 2.30 moves..which should be separate from normal system along with MM, both are ready for next series

2. Going for positional swing trade along with intra trading from MAY series

3. MAE decreased this is positive side in April series!!!

 

[TraderRavi]

Some Lessons from April series

1. Plan should be added to counter 2.30 moves..which should be separate from normal system along with MM, both are ready for next series

2. Going for positional swing trade along with intra trading from MAY series

3. MAE decreased this is positive side in April series!!!

what is MAE ?

edit :
Maximum Favorable Excursion (MFE) and the MAE Maximum Adverse Excursion (MAE).

Maximum Favorable Excursion is what was the maximum profit that the trade had before the trade closed.
Maximum Adverse Excursion is what was the maximum loss that the trade had before the trade closed.

 

[TradeJoker]

what is mae ?

mat ........

 

[XRAY27]

what is MAE ?

edit :
Maximum Favorable Excursion (MFE) and the MAE Maximum Adverse Excursion (MAE).

Maximum Favorable Excursion is what was the maximum profit that the trade had before the trade closed.
Maximum Adverse Excursion is what was the maximum loss that the trade had before the trade closed.

yes ..Ravi Bhai !!!

 

[XRAY27]

ST da !!

I have a small query on MM side ......Please clarify in your free time !!!

with decrease of MAE(Maximum adverse excursion) and with the increase of MFE (Maximum favorable excursion)and DOF(degree of freedom)..can we increase of risk per trade for intra...

 

[TraderRavi]

6-8 % could be profit making daytraders. But the consistant winners could be 3-5 % in my view...give or take a few % points.

Smart_trade

I have posted a poll , successful daytraders vote there.
ST has already voted , so dont shy , please vote

http://www.traderji.com/day-trading/98402-successful-daytraders.html

 

[manishchan]

I have posted a poll , successful daytraders vote there.
ST has already voted , so dont shy , please vote

http://www.traderji.com/day-trading/98402-successful-daytraders.html

In TJ, 90% claim to be super trader and in super profits....EVERYDAY.. forget the months/years. So good luck for getting genuine statistics :thumb:

 

[TraderRavi]

In TJ, 90% claim to be super trader and in super profits....EVERYDAY.. forget the months/years. So good luck for getting genuine statistics :thumb:

:lol::rofl: