General Trading Chat

[STRATEGICINVESTMENTS]

Hi,

I just got filled for my short covering @ 18865 but chart is showing pivot low of 17877. How is it possible ?

 

[travi]

Hi,

I just got filled for my short covering @ 18865 but chart is showing pivot low of 17877. How is it possible ?

18865? which year was that ?

 

[STRATEGICINVESTMENTS]

sorry. 17865. Typo due to trading stress

 

[NoviceStockTrader]

Looks like heading down towards day's low??

 

[TraderRavi]

any chances of some downmove from here

crap whipsaws :annoyed:

 

[Sunnyraj]

ST sir, if you are reading this query:

Need your advice on investing in Mutual fund.Is it better to do an SIP or should one buy units online when there are big falls ?

You have posted many times on days when market falls that you put money in MF. So that is other than your regular SIP ?

Also, for the sake of diversification I thought that i will buy schemes for diff market caps.

Like one scheme for blue chip stocks, one for small and mid cap stock , and one debt fund.

So planning to diversify this way. What are your views on this ? and can you suggest some good schemes in these 3 categories?

 

[XRAY27]

crap whipsaws :annoyed:

Just limiting my self to one trade in intraday it will be very rare that i can get a second trade ..today ended with one trade of 70 point loss in BNF

Going with "Pareto principle" LINK

which says that 20 % of the clients produce 80% of the revenue for any company same way for traders 20 % of the market produce 80 % of result,which we name it as trending and remaining is all whipsaw action and jumping japang in this japang we lose all which we got in trending !!!!

 

[BearsTruth]

Best way to make money in this market is by staying short.

 

[vivektrader]

ST sir, if you are reading this query:

Need your advice on investing in Mutual fund.Is it better to do an SIP or should one buy units online when there are big falls ?

You have posted many times on days when market falls that you put money in MF. So that is other than your regular SIP ?

Also, for the sake of diversification I thought that i will buy schemes for diff market caps.

Like one scheme for blue chip stocks, one for small and mid cap stock , and one debt fund.

So planning to diversify this way. What are your views on this ? and can you suggest some good schemes in these 3 categories?

I am posting some material from his earlier posts below. Also he manages his mutual funds manually and does not invest on a particular date of every month (SIP). Also on a day of significant market fall, cut off time for investing on that day's NAV is 3pm, after that units will be bought on NAV of next day.
His post:

I have investments in the following
1) Large cap Diversified Equity schemes like Franklin India Frontline Equity Fund,Birla Sunlife Top 100 Fund,ICICI Value Discovery Fund,Birla Sunlife Long Term Advantage Fund,Franklin India Bluechip Fund,Motilal Oswal Focussed 25 Fund,ICICI Prudential Focussed Bluechip Equity Fund,Franklin India Prima Plus Fund ...
2)<b> ELSS Funds like Reliance Taxsaver,Axis Long Term Equity Fund and Motilal Oswal Focussed Long Term Fund.
3) Midcap and Multicap Funds such as Franklin India Prima Fund,HDFC Midcap Fund,Motilal Oswal Focussed Midcap 30 Fund, Motilal Oswal Focussed Multicap 35 Fund
4) Debt Funds </b>: HDFC High Interest Fund and Birla Sunlife Dynamic Bond Fund
Also have few sector funds in banking and Pharma....but in this dip I will be looking to buy the <b>diversified large cap equity funds ie from item no 1 above...
Smart_trade

Vivek

 

[Sunnyraj]

Thanks a lot Vivek sir for the reply