i love day trading

[Raju]

Hi,

I also love Day-Trading ..But due to Time problem I have prefer Swing.

Raju

 

[innocent_trader]

do you love day trading?????

i also love day trading, but the only problem is finding the right entry level and right exit also, i think one should wait till 11.p.m till the stocks settle down and find good stocks with right entry levels

 

[NAVEEVIa]

I am posting my trades done today ,
I am trying to pick intraday trends which last for anyway between 1/2 hr & more
Seniors help solicited
Naveen

 

[ratan jain]

naveen: whats ur age?


u still are over trading

 

[NAVEEVIa]

Thnx ratn & Kurian for ur kind comments
I am 26 yrs old
Well my stretegy is like this
1. Find 100 most active stocks
2. Look for those which have become unusually active
3. Find trending one
4. enter with sl of 0.5%
5. For profit i trail my stoploss
The biggest problem is my stops get hit 9 out of 10 times
i know my psychological side is worst for a trader
But if i want to accomplish anything in life its this. to daytrade successfully
U ppl may laugh at this but my daily return target is 10% thats why i use such a high leverage
But yeah on the homework side i am nil
Thnx
Naveen

 

[CreditViolet]

Thnx ratn & Kurian for ur kind comments
I am 26 yrs old
Well my stretegy is like this
1. Find 100 most active stocks
2. Look for those which have become unusually active
3. Find trending one
4. enter with sl of 0.5%
5. For profit i trail my stoploss
The biggest problem is my stops get hit 9 out of 10 times
i know my psychological side is worst for a trader
But if i want to accomplish anything in life its this. to daytrade successfully
U ppl may laugh at this but my daily return target is 10% thats why i use such a high leverage
But yeah on the homework side i am nil
Thnx
Naveen

Just too vague to comment.
Define active, unusual, trending, good/worse psychology
There is just no method that can be rectified in the first place, the results/targets means zilch without a mechanism in the first place...just an exercise in randomness

CV

 

[NAVEEVIa]

Just too vague to comment.
Define active, unusual, trending, good/worse psychology
There is just no method that can be rectified in the first place, the results/targets means zilch without a mechanism in the first place...just an exercise in randomness

CV

Active means most traded counters valuewise
Unusual means a stock usuallu not in the above list but appears like Bajajhind
Trending means which going up/down with higher/lower tops bottoms
U are absolutely right, i am vague

 

[CreditViolet]

Active means most traded counters valuewise
Unusual means a stock usuallu not in the above list but appears like Bajajhind
Trending means which going up/down with higher/lower tops bottoms
U are absolutely right, i am vague

Too vague again Naveen, think about it. For eg Higher Lower Tops/Bottoms on what time frame?

You cant solve a problem unless you know what the problem is. You are simply trading randomness.

 

[NAVEEVIa]

U r right
After looking at charts of my trades i cant make head or tail
but for e.g
take Hindzinc
a nice uptrend
at 1:04 i enter at 660, the previous reastion was at 655 so i put SL at 655
not it breaches that & the uptrend resumes
Specifically i want to capture even 1/2 of the moves like this
Satyam from 10.35 to 12.10 & again from 12.10 to 1.46
these moves were perfect trends
Naveen
PS: plz accept my ignorance, i am a novice

 

[Linus]

NAVEEVIa,

Obviously you don't have a trading plan. Just curious, how do you trade?

To make things easier (for starters), it goes like this: Trend on Dailies>Trend on 60 minute?> then you trade on 5 or 10 minute charts. Read Dr Alexander Elder's books.

ss