General Trading Chat

[rjshem]

Jai ho ST sir, Jai ho DeMark, HDFC moving well since Friday, and for a change I am still in trade

Vivek

Great vivek hope ull have the same discipline in all ur furthur trades as discipline is what makes or brakes a trader.

 

[tradingstudent]

Either follow sequential which will indicate market bottoming out or another strategy I find useful is keep a list of growth stocks which you want to buy.As the market goes down,finally at some point it bottoms out.So whenever your stocks make highest closing in last 50 or 100 days, we start buyng that stock.Those stocks eventually go above 200 days high and into a bull market.

Smart_trade

ST Sir,

Before we buy the stocks that make highest closing in last 50 or 100 days, should there be a prior down trend?

Or can we apply this condition even in an up trend?

Example: Price showing a great up move and then pullback/consolidation for a series of bars. And then we look for the condition?

Thanks

 

[vivektrader]

Great vivek hope ull have the same discipline in all ur furthur trades as discipline is what makes or brakes a trader.

Thank you sir, trying my best.

Vivek

 

[Smart_trade]

ST Sir,

Before we buy the stocks that make highest closing in last 50 or 100 days, should there be a prior down trend?

Or can we apply this condition even in an up trend?

Example: Price showing a great up move and then pullback/consolidation for a series of bars. And then we look for the condition?

Thanks

We can use the same in uptrend but there may be we buy when the stock makes highest closing in last 20 bars or so.50 or 100 bars we use in downtrend reversing into uptrend and it ensures that we remain out of false starts.

ST

 

[Happy_Singh]

We can use the same in uptrend but there may be we buy when the stock makes highest closing in last 20 bars or so.50 or 100 bars we use in downtrend reversing into uptrend and it ensures that we remain out of false starts.

ST

I think Turtles used the Break of 22 Days High/Low as entry for Long/Short very simple entry/exit rule

However their Risk Management / Position Sizing rules were very evolved


Happy

 

[NYSE]

Hmmm that is sad,traders losing money in choppy sideways market is understandable but in strongly trending markets if we lose money,that is not done.

I am sure many here trade as per chart and trends and so they must be making money.

Sorry to hear that Sexy Trader is no more trading... I wish him early comeback and good luck.

Smart_trade

Sexy sir is in no trading zone because there is no trader after 3.30 ,which was his main weapon of winning streak.After note ban there is no dabba trader with black money :lol::lol::lol:

 

[tradingstudent]

We can use the same in uptrend but there may be we buy when the stock makes highest closing in last 20 bars or so.50 or 100 bars we use in downtrend reversing into uptrend and it ensures that we remain out of false starts.

ST

Thanks ST Sir for the explanation. The logic in variation of period of price check during uptrend and downtrend now makes sense to me.

 

[traderniftybull]

Fall during last 75 mins, in the market was a normal profit booking or because of profit booking because of GAAR fear.

 

[traderniftybull]

Budget 2017: 5 ways in which Jaitley can spook market

The sharp run-up of almost 8 percent in the broad indices in the month preceding the Budget suggests that the market is expecting the moon, however, it takes just one announcement from Jaitley to pour cold water over such high hopes.

Read more at: http://www.moneycontrol.com/news/bu...ok-market_8357961.html?utm_source=ref_article

 

[ravi2126]

We can use the same in uptrend but there may be we buy when the stock makes highest closing in last 20 bars or so.50 or 100 bars we use in downtrend reversing into uptrend and it ensures that we remain out of false starts.



ST

If possible can u post with chart ST SIR...it will b useful