General Trading Chat

Very few and hard to find for mere mortals ( mortals in market )like me. Hope some light / gyan from you.
Hi Sansarva

Well, I do not belong to those kind of people when it comes to trading. I am a hedger and specially option strategy trader and as this I am a very careful person who fears too much risk. The post was more meant to bring in also the extreme opposite of what dear ST has mentioned, as there are really traders and people out there in the wild who trade and live like mentioned.

Take care and good trading / Dan :)
 
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lemondew

Well-Known Member
Continuing from my past posts on PA. Others Pa guys can give their feedbacks so that it can be improved.

Trend was down. Confirmed at 11:30 2 big bars (5min). All 3 charts show downtrend. Graphs which gave me this idea...







Based on the three images trend was down.The second down bar (5min 11:30) went to low 8266. I was looking for shorting opportunities then. I knew there could be another downbar 10- 12 points and I thght I could get 15 points. at 8272 I went short. My SL was 8286 (barhigh for 5 min, 15 min, 30 min charts ). nifty was hanging around between 8272 and 8279. Then it went down to 8210. This was too good but i guess 20 points can be expected in such scenarios
 

LivetoTrade

Well-Known Member
Arre, Infy results morning mein hi thik tha. :annoyed:

Yeh kya aatank macha hai afternoon mein when the markets are usually quiet
Since the stock usually moves a lot on the result day, maybe they want to avoid the "gaps" in the charts !!
 

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