General Trading Chat

[vijkris]

Hello All, I am using GFDL as my primary data feed subscription which is working well and good. But for emergency backup purpose I want to keep an additional data feed vendor subscription. Any body using any local data feed vendor at a cheaper rate, please give your opinion which local data feed shall I go for ?

JOSH1 RTD is free. u can see josh1 thread http://www.traderji.com/intraday/97637-real-time-data-now-nest-trader-amibroker-fcharts.html
u will need to bit of manual work for setting up and backfill..

since u r habituated of luxury. lesser cost of fno 600 pm by neotrade is good.
its hassle free, i used it for 20 days, no complaints at all..

 

[LoneWolf]

JOSH1 RTD is free. u can see josh1 thread http://www.traderji.com/intraday/97637-real-time-data-now-nest-trader-amibroker-fcharts.html
u will need to bit of manual work for setting up and backfill..

since u r habituated of luxury. lesser cost of fno 600 pm by neotrade is good.
its hassle free, i used it for 20 days, no complaints at all..

Thank you. Regarding Josh setup I do not want to divert attention on manual backfilling during emergency. So thats ruled out. I had considered Neo Trade. But they are providing only in NSE FnO. Cost is lesser. 600 rs is like any other local data feed provider. But I need the backup for NSE fnO + MCX Futures. Since this setup will used only on emergency I do not want to increase setup cost by going for another GFDL or Truedata connection which are authorized vendor. Thats why looking for in cheaper section among local data feed vendor.

 

[vijkris]

Thank you. Regarding Josh setup I do not want to divert attention on manual backfilling during emergency. So thats ruled out. I had considered Neo Trade. But they are providing only in NSE FnO. Cost is lesser. 600 rs is like any other local data feed provider. But I need the backup for NSE fnO + MCX Futures. Since this setup will used only on emergency I do not want to increase setup cost by going for another GFDL or Truedata connection which are authorized vendor. Thats why looking for in cheaper section among local data feed vendor.

neotrade is authorised. no mcx otherwise it would have been a good deal.
for mcx limited option. unauthorised vendors are there with 2-3 second delay(though they claim its realtime).
i cant recommend any of them as now i forgot the names. mcxguru something.

funny thing is i thought of subscribing to them payin 500 pm, as soon i went to webpage next, found webpage not available. no support.
Moral: they may run away with your money. choose wisely.

 

[pravi_kanth]

Are you having any open positions over the long weekend?​

Hi Dan, yes I am holding long positions. As per me nifty is still not completely overbought and the next resistence is around 7840. As nifty at 7715, I continued the long.

 

[LoneWolf]

neotrade is authorised. no mcx otherwise it would have been a good deal.
for mcx limited option. unauthorised vendors are there with 2-3 second delay(though they claim its realtime).
i cant recommend any of them as now i forgot the names. mcxguru something.

funny thing is i thought of subscribing to them payin 500 pm, as soon i went to webpage next, found webpage not available. no support.
Moral: they may run away with your money. choose wisely.

Yes, with MCX included, neotrade would have been the best deal for backup, But on their site I have been seeing Equity + CDS coming soon since 2 months, Dont know what is sooner mean to them. LOL.

I searched, and found few like jetlive data, rtds live data, data bull. All of them claim real time data and provide data for NSE + MCX. LEts see if other members can give feedback on any of them.

 

[Somatung]

Hi Dan, yes I am holding long positions. As per me nifty is still not completely overbought and the next resistence is around 7840. As nifty at 7715, I continued the long.​

Hi Pravi_kanth

Ok, I see at least according to what you post. For the next time I would recomend to close or at least hedge any of your positions when there is a long weekend or any reason you will not be able to be in some way of control of your trades for a few days.

As there are not many long weekends during the year in any market we trade, the profit against the loss we can face is not worth to take such risks in our trading portfolios. If the long weekend is over, we can open our hedges according to market moves and be in control of our trades in a better way, may did not make a few points profit, but also did not make any loss in case market decided to do other things as we ecpected for what ever reason.

Wish you a nice easter weekend, as we call it over here, and take care / Dan
​

 

[pravi_kanth]

Hi Pravi_kanth

Ok, I see at least according to what you post. For the next time I would recomend to close or at least hedge any of your positions when there is a long weekend or any reason you will not be able to be in some way of control of your trades for a few days.

As there are not many long weekends during the year in any market we trade, the profit against the loss we can face is not worth to take such risks in our trading portfolios. If the long weekend is over, we can open our hedges according to market moves and be in control of our trades in a better way, may did not make a few points profit, but also did not make any loss in case market decided to do other things as we ecpected for what ever reason.

Wish you a nice easter weekend, as we call it over here, and take care / Dan
​

Thanks you Dan. I need to work on the hedging part. I hope to learn it soon before it is too late.

 

[Singhraja]

Request to all members can anyone share the some important concepts patterns or post shared by st sir I hope some one have collection of such valuable posts please share it. Thanks

 

[Somatung]

Thanks you Dan. I need to work on the hedging part. I hope to learn it soon before it is too late.​

What ever you do in trading is your choice and your money and what ever I tell is my experience and no must for others.

If you have an or even more open postion/s like you told, then how you feel? Are you happy with it? Can you stop thinking about it as you not want to lose money? Would you be more relaxed in your free time when not doing such risky games? You have to answer such questions by your self.​

 

[amitrandive]

Any place where we can get mutual Funds NAV historical charts ?