General Trading Chat

[eku]

Problem with scalping is stop loss ? how do you determine stop loss for scalping small moves ?

I try to explain with this imaginary example-
say CMP is 450rs and market showing some strength to go up..I place SL-M buy order at 452rs.IF it get filled,I place target order at 454rs and SL is just 50 to 80 paisa..IF the market has to go up,It wont take my SL.

IF I see some gadbad in price going up,I modify my target order to 1rs..

these days,with pratap sirs afl,I'hv learnt to trail.His 15slow,15fast afl is awesome..black works perfectly as a SL.

so,
Khana khane ke pehle 1.5rs ka trade aur khana khane ke baad 1.5rs ka trade.
(Lunch time is 12.30pm)

 

[candle]

There are only 4 rules and they dont change. BTW. Calls dont get added at support. They get added at resistance. Puts get added at support.


Long Build Up

The underlying asset will be consider as creating Long Build Up when both Price & Open Interest Goes up. When price goes up with Open Interest, there is expectation from derivative segment for the stock to go up further.

Long Unwinding

The underlying asset will be consider as Unwinding the Long Position when both Price & Open Interest Goes down. When price goes down with Open Interest, there is expectation from derivative segment for the stock to go down further.

Short Build Up

The underlying asset will be consider as Building Short Position when Price goes down & Open Interest Goes up.

Short Covering

The underlying asset will be consider as Covering the Short Position when Price goes up & Open Interest Goes down.

Reposting again to picturise this :

 

[amitrandive]

Jim Rogers probably never invested in India. That must hurt.

Some of his ?great? quotes and ?investment ideas?...

2002- India as we know it will not survive another 30 or 40 years. I bought only one stock in India and only a few shares at that. But it wasn't shares in an Internet start-up or some high-flying software company. It was a hotel chain called India Hotels

2010 ? India sitting on a fiscal time bomb.

2012 - I Want to Invest in Russia, Not in India.

2012 ? India is a complete disaster.

2013 -I am not optimistic on India.

2013 - Why I?m shorting India.

2014 - 'I wouldn't invest a penny in India.

2015 - Jim Rogers exits India

:rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl:

Fantastic answer by Nilesh Shah to Jim Rogers !!!

http://www.livemint.com/Money/TWVle7y1p1o67sxRo8f30K/Setting-the-picture-right.html
http://www.wealthforumezine.net/CEOSpeakKotak050515.html#.VelAxn2lXK8

 

[nifty trade]

20 points quick 15 minutes scalp done again

 

[timepass]

double century kya??

 

[nifty trade]

double century kya??

quite possible but momentum has gone flat actually

 

[nifty trade]

20 points quick 15 minutes scalp done again

could have been 50 points , but i went away from screen due to stopping compulsive trading , turned out i still did it at lower price when i came back , had i been in front of screen price would have been 30 points better , so longer trade but 50 points would have been made , now hope fully out of the market for rest of the day

5 minute nifty future trades

 

[amitrandive]

could have been 50 points , but i went away from screen due to stopping compulsive trading , turned out i still did it at lower price when i came back , had i been in front of screen price would have been 30 points better , so longer trade but 50 points would have been made , now hope fully out of the market for rest of the day

5 minute nifty future trades

A friendly suggestion ,

A trade of 20 points in good enough in NF when we are trading against the likes of FII's , DII's , HFT's , algo traders , all with their sophisticated softwares.

Many times we just see the tick on the chart, but it happens so fast that we cannot catch it.

 

[praveen taneja]

last two mnth support broken now IF 7600 broken then welcome to hell singham

 

[nifty trade]

A friendly suggestion ,

A trade of 20 points in good enough in NF when we are trading against the likes of FII's , DII's , HFT's , algo traders , all with their sophisticated softwares.

Many times we just see the tick on the chart, but it happens so fast that we cannot catch it.

you are right

just few minutes back nifty gone down and i saw price of 7642 on screen , i covered at 45 and saw the chart to be surprised the low was 36 which we didnt even see on screen

but i was saying that on trend day , big 1 sided trend day i shoould have been on screen and profit of 50 points was a done deal , and i sold at lower price then high on chart and that created bigger risk for me .

we should trade at best possible price , if we can , mental issues must be handled properly , zerodha issues , net issues we dont have any control over