General Trading Chat

[TraderRavi]

have you not kept TSL...

exact figures not remember ,
just for example in intraday ,
lets 18000 entry, 150 points up (18150) either book it or ride the trend . I choose 2nd option.
now pullback came say 60-70 points (18080) , 2nd lot added at 18080 then it not moved up as expected, so exited longs at 18050.
now what I got (+50 in first, -30 in 2nd) , nothing left after charges.

 

[Smart_trade]

With such advance/decline ratio we wont get a deep correction...so whatever shallow corrections we must catch else the market will start running...stoploss is a must.

ST

 

[TraderRavi]

With such advance/decline ratio we wont get a deep correction...so whatever shallow corrections we must catch else the market will start running...stoploss is a must.

ST

advance 49 , decline 2 => 51 stocks , then how is it nifty 50 ?

 

[vijkris]

exact figures not remember ,
just for example in intraday ,
lets 18000 entry, 150 points up (18150) either book it or ride the trend . I choose 2nd option.
now pullback came say 60-70 points (18080) , 2nd lot added at 18080 then it not moved up as expected, so exited longs at 18050.
now what I got (+50 in first, -30 in 2nd) , nothing left after charges.

Bhai, take multiple lots, do partial profit booking with 2 lots. then ride the trend.
itna acha 150 pts profit ko loss karne se psychological trauma hoga.

 

[LoneWolf]

All that fine, baba, but nothing is coming down or correcting... what to do

A strong trading day does not give much correction, corrections are shallow and small. We will get few WRB in the direction of trend and price will go to straight in to business from its open. Read it last weekend from one of the old thread from Smart_trade. I guess this is what is happening now in NF/BNF

 

[TraderRavi]

Yes people have been considering 7000,7200,7400,7500 and 7700 as "too high".Auto trade is not an answer. You will switch off autotrade thinking price too high and there may be a reversal here....willingness to take a loss if the market reverses will do the trick.

Smart_trade

need to change psychology as TP says. everything is in mind, control over mind.

 

[vijkris]

anybody using ZT nest. INT prob solved kya?

I rarely use Pi. is there any keyboard shortcut for zoom in/zoom out ?

 

[timepass]

advance 49 , decline 2 => 51 stocks , then how is it nifty 50 ?

I think it is because of Tatamotors, TaMoDVR is also in the index now but not counted as extra.

 

[timepass]

anybody using ZT nest. INT prob solved kya?

I rarely use Pi. is there any keyboard shortcut for zoom in/zoom out ?

no INT problem, but the disconnections happening at my end, have to close it from the task manager and restart. Have done so 4 times since 8.45am

 

[LoneWolf]

A strong trading day does not give much correction, corrections are shallow and small. We will get few WRB in the direction of trend and price will go to straight in to business from its open. Read it last weekend from one of the old thread from Smart_trade. I guess this is what is happening now in NF/BNF

ANother Characteristic of strong trend day was they tend to close at their high.. So even if some one has not entered in morning, a mid day correction entry with a tight Sl can be rewarded too..