General Trading Chat

[oi trader boi]

Sir,for scalping ITM Nifty,which TF you used to trade?

 

[Smart_trade]

Sir,for scalping ITM Nifty,which TF you used to trade?

Bhai I used to see 1 min and 5 min chart in background ...but scalping is done just looking at the price screen ....scalpers dont look at the chart while trading.One can keep the chart for deciding the direction in which to scalp, important pivots etc....scalping is an activity done by just watching the screen.

ST

 

[oi trader boi]

Bhai I used to see 1 min and 5 min chart in background ...but scalping is done just looking at the price screen ....scalpers dont look at the chart while trading.One can keep the chart for deciding the direction in which to scalp, important pivots etc....scalping is an activity done by just watching the screen.

ST

ok,thx for a quick reply.

 

[phoenixbird]

Having analysed stocks for number of years I have come to firm conclusion that the earnings growth is the main driver behind stock prices. Look at TCS...great company,great management but no earnings growth so stagnating for last 1.5 years.

ST

Sir,

Could you give a brief description on what u mean by "earnings growth is the main driver". Are you referring to Net sales,operating profit,EPS here?

thanks

 

[deba72]

IMO, scalping is more difficult than people think it is..

 

[oi trader boi]

IMO, scalping is more difficult than people think it is..

yes Sir,but no other solution as I have a small account.I already busted my accounts few times and now trading on a scared capital,so such queries will come.

 

[niftygupshup]

yes Sir,but no other solution as I have a small account.I already busted my accounts few times and now trading on a scared capital,so such queries will come.

then scalping is no solution. for scalping one has to have a different sort of mind set. so be careful, if want to be a scalper.

 

[vikas2131]

then scalping is no solution. for scalping one has to have a different sort of mind set. so be careful, if want to be a scalper.

exactly....scalping is even tougher...because it requires quick actions....be very careful

 

[Smart_trade]

Do scalping if you like it. It is a very fast activity. It is stressful also.It needs totally detached trader mindset. You take a trade...in next 1-2 min you are out either on profit or loss...no holding losing positions.

Dont scalp because you have less capital.

Smart_trade

 

[lemondew]

5 min timeframe itself is stressful. Need continuous monitoring

Do scalping if you like it. It is a very fast activity. It is stressful also.It needs totally detached trader mindset. You take a trade...in next 1-2 min you are out either on profit or loss...no holding losing positions.

Dont scalp because you have less capital.

Smart_trade