General Trading Chat

[Rehab]

if considered clear pivots today,the whole day was SOH.

but vwap/ama system gave 4-5 trades as per my understanding and it gives daily 4-5 trades.
so I am confused,ST Dada,pls help here.

Is it really wise to take 4-5 trades in NF,just 7-8 points of scalps?

 

[XRAY27]

This week net 65 points in nifty in intra day segment including today.positional no trade and swing a open position is there !!!!

 

[Smart_trade]

if considered clear pivots today,the whole day was SOH.

but vwap/ama system gave 4-5 trades as per my understanding and it gives daily 4-5 trades.
so I am confused,ST Dada,pls help here.

Is it really wise to take 4-5 trades in NF,just 7-8 points of scalps?

Unless one makes 15-20 points ,5-8 points scalps is not a good idea. Firstly the chances of error is large.Secondly RR is poor. The best results swing traders are having in present markets. But if there is a good trend, daytrading also is good.People making 5-7 points dont make over 200 points in a month after all charges and taxes...

Smart_trade

 

[Smart_trade]

On calculations it looks great 8 points x 4 trades a day =32 points x 20 days = 640 points....all paper calculation....in actual trades it does not work out that way...you need 1-2 good days in a week...this week there was 1 very strong day.

ST

 

[Subhadip]

On calculations it looks great 8 points x 4 trades a day =32 points x 20 days = 640 points....all paper calculation....in actual trades it does not work out that way...you need 1-2 good days in a week...this week there was 1 very strong day.

ST

One strong day & one follow up day Sir....

 

[headstrong007]

in small range day->shift to smaller tf if u can.. or stay out..
there was no difficulty in 3 min charts..me 7trades..2sl hit..5 in profit...difficulty in 5m-10m. IMO..

 

[amitrandive]

[/B]

Fees is some Rs 97000-98000 so they want to collect few Crs on classes now.

Smart_trade

Seems they want to cash on their popularity or have become greedy:lol:

Many will join and waste their money. One cannot learn trading in 2 1/2 days....2 minutes noodles nahi hai.....

ST

Rs. 98000/- for a 2.5 days course ? Wow !

:

If they are making 5000% , why don't they just earn enough and retire financially in around 2-3 years.

Why take the headache of conducting classes?

Or that 5000% is a marketing gimmick for inviting people for admission to the classes?

 

[vijkris]

If they are making 5000% , why don't they just earn enough and retire financially in around 2-3 years.

Why take the headache of conducting classes?

Or that 5000% is a marketing gimmick for inviting people for admission to the classes?

even top IIT professor wont teach students for free.

so they r charging fees for the holy grail.

 

[amitrandive]

even top IIT professor wont teach students for free.

so they r charging fees for the holy grail.

You mean to say the Holy Grail exists ???:lol::lol::lol:

 

[vijkris]

You mean to say the Holy Grail exists ???:lol::lol::lol:

pls do note the ""