General Trading Chat

[vikas2131]

That reminds me of a quote by Mr.Atul Suri(Jhunjhunwal's assistant).

Broker: Sir Nifty ka support 7500 pe hain
Trader: Bhai tu seedhe seedhe yeh bata ki bechna hai ki kharidna hai ?

poeple want to see everything in black and white aka red and green in stock market..it does not work that way...

 

[vikas2131]

Arey bhai, ab yesterday jaa kar to trade nahi kar sakte.

What is the sign now? Kab short jaana hai?

bhai seedhe seedhe bata to diya...

 

[cinderblock]

bhai seedhe seedhe bata to diya...

2 simple questions:

Should I buy or sell now or SOH? What is SL?

 

[vikas2131]

2 simple questions:

Should I buy or sell now or SOH? What is SL?

not allowed according to forum rules...

 

[Krishan86]

ST Sir,
Can you please put your thoughts on what changes have you find in market behavior over the past 2 decades. Like: Market never used to gap open so frequently as these days(on the basis of historical data that i went from 2012 - 2015). Please take your time no hurries. I am sure lot of traders here, will be benefited.

 

[Fundootrader]

pratap what are your vwap bands showing today

 

[arsh22g]

Too volatile for me today, SLs getting hit left, right and centre on NF and stocks futures :annoyed:

ICICI Bank and NF are profoundly confused

Good riddance, managed to cover all the loss .....phew

 

[tradingstudent]

Thanks a lot TracerBullet,

Much appreciated. You took the pain of giving the links of relevant threads.

Thanks Bro.

 

[arsh22g]

Good riddance, managed to cover all the loss .....phew

I experimented with trading NF following SPX and FTSE during last two weeks of Jan. Although the experiment was a success in catching bigger moves, but I realised I was spending too much effort on only one scrip, which was NF. My resources (attention and screen space) were diversified, but my risk was not.

So, from this week, I will try to diversify my resources and risk both by trading other instruments, starting with stock futures. I saw big draw-downs of 70 odd NF points (all the points measured on a scale of NF and the usual number of lots I trade) yesterday and today, but managed to end yesterday with 12 points gain and today with 55 points gain. So, this strategy is riskier, but little fine-tuning (i.e. identifying what stocks to trade, starting with those which have made extremes during the previous trading session) shall make it worthwhile, let's see during the next two weeks. :thumb:

 

[pratapvb]

pratap what are your vwap bands showing today

morning sideways small short for negative bias

a -1SD failure long around 11.30 and a VAH failure short around 12.30