General Trading Chat

[saakk]

I dont mind but am very bad in techie stuff..so, not sure, how i can share my charts..its very simple Amit..

I was actually short positional going into friday but came out and went long...Mkt was making higher pivot lows after a gap down and was in no mood to go down..in these cases, i take a position with less position size..had it breached the previous day low, i would have added more to my longs..but it did not..infact, i was up by 50 pts that day..this gap down was not an expected one..my winning ratio is just above 50%..so, i have my share of losing trades..infact, a lot..

Bottomline, just need to take the losses and move on..next trade is always there

What time frame(s) you use for trading???

 

[futures]

What time frame(s) you use for trading???

5 minutes with 15 min as anchor chart(HTF)

 

[XRAY27]

Baba nifty

 

[SwagatN]

5 minutes with 15 min as anchor chart(HTF)

Are you using the Ambush method from Fishing thread for swing ??

 

[saakk]

5 minutes with 15 min as anchor chart(HTF)

Fair enough... But dont you think 5 and 15 min is very small TF's to trade positional wit the kind of size you trade..??

 

[amitrandive]

What time frame(s) you use for trading???

5 minutes with 15 min as anchor chart(HTF)

Just my views

You cannot go positional on a 5 min chart.
For that your higher time frame should be atleast Hourly or Daily.

 

[futures]

Just my views

You cannot go positional on a 5 min chart.
For that your higher time frame should be atleast Hourly or Daily.

i go positional based on 15 minutes chart..5 minutes is used to enter..i dont want my trades to go for more than 3-4 days...so, 15 mins suits my psychology and style...maybe, we should not call it as positional..just carry over trading

 

[futures]

Fair enough... But dont you think 5 and 15 min is very small TF's to trade positional wit the kind of size you trade..??

Saak bhai,

it just fits my psychology..so, sticking with it..doing ok so far (thx to market as mkt is the master)..am just a small time trader bhai...trying to earn my living through trading

 

[pravi_kanth]

How about using 30min for positional. Will it be higher frame enough?

Thanks,

Ravi

 

[saakk]

Saak bhai,

it just fits my psychology..so, sticking with it..doing ok so far (thx to market as mkt is the master)..am just a small time trader bhai...trying to earn my living through trading

No sir, any trader trading 2500+ nifty quantity is not a small in any mean...:thumb::thumb::thumb: