General Trading Chat

[timepass]

TP you use zerodha nesttrader …… right click – add custom column ….. make 2 column ……. “High – open” & “open – low” …… if figure zero that mean equal ……
I use nesttrader of different broker

Wow !!! Thanks a lot.

 

[cloudTrader]

Some good news for Tuesday (unless nullified by some bad news )

IIP bounces back in January, expands by 2.7%

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

These days India has scope only for Good News .. any Bad News is just Anti_National.. :lol:

 

[cloudTrader]

As long as it is free... it will not function properly... use it after 31st march..will work fine..

Yes people will juice out the freebie till last drop .. :lol:

 

[HappyLife]

TP …. I am not good at writing don’t know what I will right down if I try to write …… so in short for scalping you can try this ………
In nesttrader try this 2 formula ….
(High – (high * 0.01)) for short
& (low + (low * 0.01)) for long
first watch for few days to see its working for you or not…..

 

[traderniftybull]

TP …. I am not good at writing don’t know what I will right down if I try to write …… so in short for scalping you can try this ………
In nesttrader try this 2 formula ….
(High – (high * 0.01)) for short
& (low + (low * 0.01)) for long
first watch for few days to see its working for you or not…..

Let me post 2 examples

1. (High – (high * 0.01)) for short

Suppose NF high 9000 then
{9000 - (9000 x 0.01)}
= 9000 - 90
= 8910

So you think one should wait till 8910 for a short for a scalp.

2. (low + (low * 0.01))

Suppose NF low is 8900 then
{8900 + (8900 x 0.01)}
= 8900 + 89
= 8989

So you want to say that one should wait till 8989 to go long for a scalp

IMO, even stocks in the range of 200 - 500 may not work (leave aside higher price stocks), unless there is very high volatility and stocks below 200 wont work because of volatility and applicable cost and taxes. I do not understand how these formulas are working for you and for what stocks.

If I am wrong (may be I didnt understand your scalping strategy), then please explain with examples.

 

[HappyLife]

Let me post 2 examples

1. (High – (high * 0.01)) for short

Suppose NF high 9000 then
{9000 - (9000 x 0.01)}
= 9000 - 90
= 8910

So you think one should wait till 8910 for a short for a scalp.

2. (low + (low * 0.01))

Suppose NF low is 8900 then
{8900 + (8900 x 0.01)}
= 8900 + 89
= 8989

So you want to say that one should wait till 8989 to go long for a scalp

IMO, even stocks in the range of 200 - 500 may not work (leave aside higher price stocks), unless there is very high volatility and stocks below 200 wont work because of volatility and applicable cost and taxes. I do not understand how these formulas are working for you and for what stocks.

If I am wrong (may be I didnt understand your scalping strategy), then please explain with examples.

right work when high volatility ……. sudden big fall & then bounce back ……. work with share below 400/300 …… hardly 1 trade a day among 50 share list ……. & if discomfort with the level 0.01 you can decrease the value ……. this for scalping minimum not maximum …… & already said first watch for few days to see its working or not…..

and about me …… stop using such thing long ago ....... this for beginner if you want you can try

 

[BearsTruth]

Minimum 100 points gap up opening on Tuesday...

 

[HappyLife]

Let me post 2 examples

1. (High – (high * 0.01)) for short

Suppose NF high 9000 then
{9000 - (9000 x 0.01)}
= 9000 - 90
= 8910

So you think one should wait till 8910 for a short for a scalp.

2. (low + (low * 0.01))

Suppose NF low is 8900 then
{8900 + (8900 x 0.01)}
= 8900 + 89
= 8989

So you want to say that one should wait till 8989 to go long for a scalp

IMO, even stocks in the range of 200 - 500 may not work (leave aside higher price stocks), unless there is very high volatility and stocks below 200 wont work because of volatility and applicable cost and taxes. I do not understand how these formulas are working for you and for what stocks.

If I am wrong (may be I didnt understand your scalping strategy), then please explain with examples.

taken nifty daily chart for example ……..
you can use it according to your own understanding & observation …..

View attachment 21220

 

[traderniftybull]

right work when high volatility ……. sudden big fall & then bounce back ……. work with share below 400/300 …… hardly 1 trade a day among 50 share list ……. & if discomfort with the level 0.01 you can decrease the value ……. this for scalping minimum not maximum …… & already said first watch for few days to see its working or not…..

and about me …… stop using such thing long ago ....... this for beginner if you want you can try

taken nifty daily chart for example ……..
you can use it according to your own understanding & observation …..

View attachment 21220

No, no
Certainly not meant for me
I hardly trade stocks, only NF and BNF
And if I follow this strategy then leave aside scalping, I wont be left with even positional trades.
And my whole day(s) will be passed in SOH :lol:

BTW
I posted examples only to explain and to seek that my understanding was correct about this method or not.
and
Secondly, why posting such strategy that you yourself are not following now OR (as you said) left long ago.

 

[Smart_trade]

Minimum 100 points gap up opening on Tuesday...

You became bullish last week. Dekho fayda hogaya na ?

Smart_trade