General Trading Chat

[amitrandive]

Met one swing trader and he shared his charts and trades....700 points in this month in Nifty and just 3 trades.....fantastic , his broker must be cursing him as brokerage form only 3 trades :annoyed:

Smart_trade

This post Sir

 

[Fundootrader]

IMO 17000 will prove tougher to cross
But likely to cross

I think 17000 should be support zone - Look @ monthly chart - 17000 is low

 

[Smart_trade]

yup remember that..i even asked him for charts to see...but did nt share..

Such methods need 6-8 months of actual trades testing in real market as testing on paper is a different thing...dont want others to loose on untested ideas.

But there is nothing new in these ideas...all of us know these...real difficult thing is holding a trade and supressing the urge to take quick profits.

Smart_trade

 

[Smart_trade]

This post Sir

Yes....he posted actual trades that month....two large swings of 500 points each ...but all month we dont get such swings.

ST

 

[amitrandive]

Such methods need 6-8 months of actual trades testing in real market as testing on paper is a different thing...dont want others to loose on untested ideas.

But there is nothing new in these ideas...all of us know these...real difficult thing is holding a trade and supressing the urge to take quick profits.

Smart_trade

Yes Sir
The urge to take profits.

The day Nifty fell around 500 points in August this year, I had taken a Nifty put around 60 rs , booked profit around 250 rs and it rallied to make a high of 700 rs

 

[amitrandive]

Yes Sir
The urge to take profits.

The day Nifty fell around 500 points in August this year, I had taken a Nifty put around 60 rs , booked profit around 250 rs and it rallied to make a low of 700 rs

Please see reference

http://www.traderji.com/technical-a...igh-probability-breakouts-57.html#post1098887

 

[Smart_trade]

Please see reference

http://www.traderji.com/technical-a...igh-probability-breakouts-57.html#post1098887

250 is not too bad. But traders take a trade as a short term trader or scalper, he books small profits of 7-8 points as a scalper or daytrader but when the market moves 500 points he repents that he did not think like swing trader.... Swing trader and daytraders both think differently.....

Smart_trade

 

[Smart_trade]

Gone baffalo in water again...

Smart_trade

 

[Subhadip]

Bought 8000 call March 2016 strike at 240....Jai Ram Ji Ki.

Smart_trade

Sir, Sold the same.... Ram ji ki Bhorose..

 

[Smart_trade]

Sir, Sold the same.... Ram ji ki Bhorose..

Lage raho....Jai Ram Ji Ki....both can make money depending on the way we handle the trade.

ST