General Trading Chat

[amandeep86]

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ST da,

I have query regarding defining biasness for the day using VAH /VAL concept.

1. Price above VAH - Positive biasness (Only Longs)

2. Price below VAL - Negative Biasness(Only shorts)

3. Price between VAL-VAH --- ?????

4. Price dancing between VAL-VAH zone and Outside (Either above VAH or below VAL)---?????

Please advice how to define biasness on points 3 and 4

 

[vivektrader]

ST da,

I have query regarding defining biasness for the day using VAH /VAL concept.

1. Price above VAH - Positive biasness (Only Longs)

2. Price below VAL - Negative Biasness(Only shorts)

3. Price between VAL-VAH --- ?????

4. Price dancing between VAL-VAH zone and Outside (Either above VAH or below VAL)---?????

Please advice how to define biasness on points 3 and 4

Hi aman, I am sure ST sir will answer,
Just putting my understanding, price between val and vah means neutral bias. You have to trade both ways, consider it as sideways.
If the range is wide enough you can sell resistance and buy support. For e.g. you can sell a pivot break (on a 3min chart) below VAH and vice versa.
Stop loss of not more than 6-8points (e.g. nifty) and r:r of 2:1.
All this is playable only if gap between VAH and VAL is at least 20-25 points.

Sent from my ONE E1003 using Tapatalk

 

[Tavnaz]

Just read this article :

http://www.businessinsider.in/A-Hed...he-Swiss-Franc-Surge/articleshow/45926758.cms

A Hedge Fund With $830 Million In Assets Went Bust After The Swiss Franc Surge

I m surprised do these guys managing Hedge Funds do not Follow Money /Risk Maganement..How come they lose all their fund on single trade....?????

I was under the impression nothing could have survived the Swiss franc debacle.
The pair fell like a gazillion pips on January 2015.
No money management could have prevented that,if there is no liquidity to close the positions.
I think it was more lack of information that may have caused.
Are we talking about January Swiss franc surge ?

 

[timepass]

When are Infy results expected ? 9am or 5pm ?

 

[amitrandive]

Stocks that breakout and move up with tremendous volume and close near the highs of the day seem to work out best. However many stocks that move up 15% or more on breakout day often fail. You'll just have to watch your stock's action like a hawk and get to see and understand these things over a long period of time. If trading were easy everyone would be making millions. It's not; it takes years and years of hard work and long hours.

Dan Zanger

Dan Zanger bio is incredible. He turned $10,775 into $18 million between June 1998 and December 1999, he is the world record holder for the largest percent change for a personal portfolio for a 12-month period of time.

Dan Zanger a working man turned professional trader. Transforming himself from a 'pool builder' to very successful high roller trader and hedge fund manager.

 

[mudraatrader]

INFY results are out. Seems better than market expectation.

SGX at a new recent high

SGX Nifty (Apr 15) 7,953.50 +24.50

 

[oldtrader]

INFY results are out. Seems better than market expectation.

SGX at a new recent high

SGX Nifty (Apr 15) 7,953.50 +24.50

:clap::clap::thumb::thumb::clapping::clapping::cheers::cheers::yahoo::yahoo:

 

[iwillwin]

Happy RAM Navmi to all

 

[amitrandive]

The Holy Grail is in the execution

http://www.optimusfutures.com/trade...ical-indicators-can-misguide-you-as-a-trader/

The difference between an amateur and a professional trader is not necessarily defined by the indicators they choose or which entry signals they follow, but how they approach trading in general. The following points sum up what we have discussed and can provide guidance on your way to more consistent results and a professional mindset.

• First, it is important to understand that there is no significant difference between indicators and price information. Indicators just apply a formula to what you see on your charts and translate it into visual information.
• There are mainly two categories of indicators: trend and range indicators. Knowing which one to use in a specific situation and not applying too many indicators to avoid redundancy and indicator-paralysis is important.
• Understanding your trading tools and really knowing what they do and how they process information is inevitable.
• Constantly adjusting your indicators and the setting of your indicators based on the hindsight bias can lead to inconsistent results.
• Hindsight bias and exclusively judging your performance based on your recent trades can result in what we call “riding the learning curve”. Try to follow a consistent approach, don’t engage in”system hopping” and only make small adjustments along the way.

 

[wisp]

ST da,

I have query regarding defining biasness for the day using VAH /VAL concept.

1. Price above VAH - Positive biasness (Only Longs)

2. Price below VAL - Negative Biasness(Only shorts)

3. Price between VAL-VAH --- ?????

4. Price dancing between VAL-VAH zone and Outside (Either above VAH or below VAL)---?????

Please advice how to define biasness on points 3 and 4

Source of image:

http://www.traderji.com/advanced-tr...ive-using-vwap-sd-tf-amas-14.html#post1146956