General Trading Chat

[pareshR]

Good Morning

 

[Smart_trade]

Many have written to me for changing their forum IDs. Please see the following :

http://www.traderji.com/your-feedback-suggestions/99558-how-change-profile-name.html#post1100253

Smart_trade

 

[princy01]

[/B]

Days of 12 % pa on FD are over my dear....these days the rate is 7.5 to 8.5 in good and safe Nationalosed banks. Nothing of being kind hearted..These people are retail guys making deposit of 10000-15000 and when you have 5000 such depositors you have big money which you can deploy at higher returns in arbitrage...which is not available to 10,000 guys...and how he takes so much of deposits etc the person making 1.25 Cr has worked out everything...

These are all financial decisions....no kind hearted stuff...when interest rates were 16-18 % he used to pay 20-22 %. No No 2 money...all cheque transactions and depositors dont give him money to trade...they give deposits and he does arbitrage where the risk is zero as there is no directional trading.With 40 Cr one cannot deal in No 2 money as Income Tax will be breathing down his neck.

The bold portion is the difference between us and him...he is doing that as business...we are thinking of travelling the world and using up depositors money.....he says he is trustee of depositors money and he can spend only profit made not the deposits.And but he is a very lavish spender.But most TJ members will find it difficult to believe that such large traders are there in the markets.

Smart_trade

Smart trade ji

may i know the process to be followed to find out safest banks in india , is icici bank one of them ?

 

[Smart_trade]

Smart trade ji

may i know the process to be followed to find out safest banks in india , is icici bank one of them ?

ICICI Bank has a bit of NPA problem. HDFC Bank and SBI are better.

In co-operative banks, study the balance sheet and profitability.Also see NPAs and the gearing its capital has with their loan book. You will get some safe co-operative banks also which will give higher interest rates.

One indication is if RBI allows coop bank to open new branches then its financial position is good else RBI wont allow them to open new branches.

ST

 

[eku]

ICICI Bank has a bit of NPA problem. HDFC Bank and SBI are better.

ST

Dada,is ICICI safe for opening PPF A/C?
SBI is good BUT it has tooooooooooooo much rush and I personally feel that SBI employees are very lazy.

 

[TraderRavi]

nifty open = 8009 high
banknifty open = 17137 high
banknifty broken HOD , now nifty 's turn ?

 

[RAAMAKANT]

nifty open = 8009 high
banknifty open = 17137 high
banknifty broken HOD , now nifty 's turn ?

Bears are waiting @ 8015-20.....

 

[wisp]

Lemondew bhai!!!

I have seen many system/s or structure in the forum...

ST da..

VWAP and Stochastics..both are based on his observation...so over the time does they work ?? it depends on market dynamics

Pratap sir,

VWAP along with SD and EMA's... in his words


Even you talk Saint sir:



What all these post/s mean ??

we have to use it in your trading system the very logic if you like it and working on charts...so testing is must...for each structure or method...main focus should be on "TWEAKING FOR YOUR NEEDS"

coming to my case : i don't use any of the methods..as it is...used pratap EMA bands for profit booking..left it after finding another way ,which is better then that...
ST da !!! one bar entry works well in case of stong trend move.. and still i follow

i define pivot in my own way.. not as Saint sir say...why in his words “Has price turned substantially?”..we have redefine that..

Adding the logic behind a setup is more important then following it in blind way..btw my system is same 30/5/1

THanks, this is all very true. Please share post of ST Da's one bar entry

we have to use it in your trading system the very logic if you like it and working on charts...so testing is must...for each structure or method...main focus should be on "TWEAKING FOR YOUR NEEDS"

This tweaking skill can be acquired only after gaining some war scars in live market and I think to gain those scars, we need to first try to pick a method, believe in it and follow its rules.

 

[rahulmalik]

Bears are waiting @ 8015-20.....

Absolutely. However with a VIX at 5% high. Even 10 points looks like uphill task for bulls

 

[Smart_trade]

Dada,is ICICI safe for opening PPF A/C?
SBI is good BUT it has tooooooooooooo much rush and I personally feel that SBI employees are very lazy.

Yes, PPF account with ICICI Bank is safe.

ST