General Trading Chat

[wisp]

Very practical stuff from him...he does not give false rosy picture.All realistic stuff from a real practical trader...no contrarian stuff...no buy buy,,,sell sell....

Smart_trade

Da, number of losers in a row is 30..is that ok for intraday trading? He says he has 16 to 18 losers in a row.

 

[Smart_trade]

Da, number of losers in a row is 30..is that ok for intraday trading? He says he has 16 to 18 losers in a row.

In stray distribution it can happen....not very common though.That is why MM and risk control is important.

Smart_trade

 

[Sunnyraj]

ST sir, i'm learning the pivot method....but i find that i'm not comfortable trading lower time frame like 3 min /5 min.....Also, i have figured out that personality wise i'm comfortable with trading higher time frames..

So just wanted to ask you, if i study 15 min time frame..will it be okay...?

I am in no hurry to directly jump and start trading that method without understanding it properly....need your valuable suggestions..

 

[pratapvb]

@Pratap sir, your comments on 7467 and 7480 levels today?

7469.5 is VAH and 7484 is yday high ...both major resistances

 

[arsh22g]

SPX and Crude starting to fall again, got out at 7465, could be an opportunity loss of 15 points if it's a fake fall.

 

[pratapvb]

7469.5 is VAH and 7484 is yday high ...both major resistances

also 7463 is a 5day vwap SD level (dotted bluegrey in lower pane)

 

[Smart_trade]

ST sir, i'm learning the pivot method....but i find that i'm not comfortable trading lower time frame like 3 min /5 min.....Also, i have figured out that personality wise i'm comfortable with trading higher time frames..

So just wanted to ask you, if i study 15 min time frame..will it be okay...?

I am in no hurry to directly jump and start trading that method without understanding it properly....need your valuable suggestions..

I find 15 min signals a bit late in day trading. But if you are not comfortable with smaller timeframe then may be you can try swing trading. Or may be 15 min larger timeframe and 3/5 min trading TF.

Smart_trade

 

[timepass]

Union bank - upper circuit revised to 136.xx from 130.xx

 

[pareshR]

I find 15 min signals a bit late in day trading. But if you are not comfortable with smaller timeframe then may be you can try swing trading. Or may be 15 min larger timeframe and 3/5 min trading TF.

Smart_trade

Time is but a mode of mind. It is Kala-Sakti. It is also illusory like the objects. When your mind is deeply concentrated, a period of two hours appears like five minutes. If the mind is distracted and wandering, half an hour appears as two hours.

 

[Real_Serios_Trader]

Sir, can you please share Madan's background? And why you specifically directed to his idea/video?

He is a very successful trader I know and the video is something which all should learn...I found it very sound and practical.

ST

He is Zerodha 60 Day winner, I think so, Engineer from Chennai and worked in USA......