General Trading Chat

[Mungus]

downside..

 

[TracerBullet]

I am wondering whether I should answer posts about earlier days trades as the trader has to take decisions in the real market and pointing out that he should have covered here and shorted here adds very little to his learning. It may act negatively on his mind that he is not able to catch trades perfectly.And believe me I too have many such dilemas in real time trading and I take decisions which seem best at that time ( which may prove wrong in the hindsight ). So assuming that I know everything clearly is incorrect.

Our systems are not 100 % mechanical and the traders skills and the screen time matters a lot. A trader with 10 years screen time gets lots of information looking at how the bars are formed, where they take support/resistance etc...which only screen time will teach him....no amount of explanation will teach him that.

So I am thinking of refraining from commenting on any trades, though we can discuss general principles of trading.

Smart_trade

On the other hand, these charts show what is possible with experience. I am may not be able to make such decisions yet and will stick to simple 2 R:R partial targets + trail rest + adds on trend day. But seeing yours and Subhadipji's trade charts shows how experience traders can trade in different scenarios and their logic behind it even if its slight counter intuitive and different from method rules. They give us some options to consider and experiment with in future.

Please continue if possible, thanks.

 

[mudraatrader]

Reliance is in very good form today, but at present the ATP is very close to the HOD rather than LOD... are we looking at a downside or 950 ?

To me it seems above 945

 

[Mungus]

Reliance is in very good form today, but at present the ATP is very close to the HOD rather than LOD... are we looking at a downside or 950 ?

downside..

Same Setup like Infra above...I didnt take this trade..
Reliance as per per the setup-

Idhar bhi 50 paisa SL laga ke baith jaao..

50 paisa SL and 2rs Scalp Target is not that bad.

 

[vijkris]

Same thought came in my mind.So I started posting my trades on VWAP in Hope that someone who also trades this method will join me.But looks like no one is trading VWAP.

I feel very helpless and alone in this big world of TJ.:annoyed:



Rehab is missing,Vijkris is coding afl.

ya. Rehab is missing. hope he has recovered from heatstroke.

 

[anup]

Jubilant Foodworks down by 10% due to news!! Bhai thoda Pizza khavo aur hamare investment ko bachavo!!

 

[manish9300]

Another short... out at BE.LoL.BE is always better than a loss trade,

 

[Mungus]

Its Infra Future-
50 paisa SL and.....
TSL put where the Power of 9 appeared.

Mixing Infra Eq and Infra Fut is a fun..Sometimes I face price streaming and order jump issue,but I take it as a part of this very excitement game.

I dont trade NF in last 2-3 days.

 

[manish9300]

Another short... out at BE.LoL.BE is always better than a loss trade,

This is the benefit of pullback trading or trading in the direction of higher timerame.Most of the time one can exit at BE.

 

[manish9300]

This is the benefit of pullback trading or trading in the direction of higher timerame.Most of the time one can exit at BE.

My stoploss level still hasnt hit yet.But i exited as there was no momentum after my entry.If there was momentum i would have set stop at BE and wait for range expansion or trailed aggressively depending on market conditions.Now would look for another trade/reentry after 12 only.