General Trading Chat

[Sunnyraj]

Just got the call ,Subscription Fees is 1 lac a month, minimum Subscription 3 months

They want people with 30 lacs capital and 3 lacs fees for 3 months (10% of the capital). For a year 40% will go in subscription fees

And what about income tax , and costs related to trading???

Return on capital will be very low...

 

[Smart_trade]

In life never work with an arrogant person who is not open to questions.Working with him is never successful.

ST

 

[lemondew]

No I have a problem with large moves reversal too. In current context If nifty were at 8550 and there is big 30-40 points jump up from support. I would be confused to time my entry. In that case do u think TD would be useful?

What timeframe you normally use for TD reversal entry for nifty?

I am comfortable with slow moves.

See small moves reversal it may work but success rate will be low as it is not to be used there but after a sustained move and reversal comes, that will have much better success rate.In sideways we may get too many reversals and none will work.

ST

 

[TracerBullet]

Ashwani Gujral has blocked me in twitter for asking genuine questions ! :clap:

This proves that I have hit the right notes !

old thread, that guy wasn't happy ...

 

[princy01]

jiske pass 30 lacs ha wo to trading phele se hi janta hoga or wo investor hoga... kya logic ha ismein pta nahi...

30 lac wala trading janta hoga??? whaaat??

iss baat mein kya logic hai??:lol::lol::lol:

 

[Smart_trade]

No I have a problem with large moves reversal too. In current context If nifty were at 8550 and there is big 30-40 points jump up from support. I would be confused to time my entry. In that case do u think TD would be useful?

What timeframe you normally use for TD reversal entry for nifty?

I am comfortable with slow moves.

Sir from your questions I feel that you are desperately trying to find a system which will work for you. TD point reversal is NOT a trading system and it is an indication which should be used along with your existing system.First find a proper system with set up,entry,exit,stoploss etc and then use TDReversal as a supporting method.Finding a system is not easy it will take months or even years to get a system which suits your mindset.

Smart_trade

 

[Smart_trade]

How I use TD point reversal is once I get a reversal indication, I use my pivots method to time my entry and stops. So I have a high probability set up, and then I use pivots to get low risk entry.Every system is likely to fail and hence we should have our entry,profits, stops all determined.

Smart_trade

 

[Punter786]

Anybody who is earning more than 1 lakh everyday would not bother with subscription stuff..i dnt see the reason of it...jhol lagta ha yea sab kuch...

Not long ago, there was this old CNBC face. Wonder how many remember this controversy. The guy was giving tips on TV and personally and on behalf of his clients taking positions exactly contrary to that. Caught. Never believe these so called mkt or technical expert. Frauds aplenty in financial world. Situation no different in so called educated West. Whole 2008 was b'cos everyone was selling lemon to other guy.

https://churumuri.wordpress.com/2008/04/02/the-next-time-you-see-this-face-on-cnbc/

http://articles.economictimes.india...fair-trade-practices-regulations-mathew-easow

 

[niftygupshup]

anticipating a good upmove tomorrow
trading above
will be looking for 19500+ and 8700+

 

[Punter786]

anticipating a good upmove tomorrow
trading above
will be looking for 19500+ and 8700+

Kyu brother??