Intraday profit system

Intraday Trading makes profit?


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i am very new to stock market and traderji, please tell whether am i right or wrong. i choose stocks for intraday from top volume stocks. is there some other things to look for selecting intraday stocks

other question is
I dont know when to enter and when to exit, i lost 1000Rs today as i bought jp associates at 1:30, just after i bought market started to fall, and dint get to that price, i am holding the stock still. help me when to enter and when to exit in intraday
 
i am very new to stock market and traderji, please tell whether am i right or wrong. i choose stocks for intraday from top volume stocks. is there some other things to look for selecting intraday stocks

other question is
I dont know when to enter and when to exit, i lost 1000Rs today as i bought jp associates at 1:30, just after i bought market started to fall, and dint get to that price, i am holding the stock still. help me when to enter and when to exit in intraday
Please stop trading for a few more days/weeks to protect your capital. There are lot of material available in this forum, go through all of them one by one, thinking you need to write an exam after studying that. Come back after studying at-least 30% of the available material in this forum, then read your question again, probably you will be in a better position to give one of the BEST answers. Until then take care, don't trade for a while.
 
where can we find those 3 EMA, 13 EMA, 39 SMA, Stochastic(8,3,4). is that available in some site or we should calculate it and graph it.

does 3 EMA refers to 3 days EMA or some thing else. please tell me i am new to trading
and also what does stochastic 8 3 4 mean is that 8 day 3 day 4 day or some other
 
Last edited:
Jakov you are at the right Place.

You please go though my entire trading system then you can try with very little amount of money. Be confidence with my system then invest big amount. ok?

My system is the most easy doing system, any charting system has thease facilities. Very basic indicators and EMA.

If you need more help let me know, I will guide you for your money management rules, entry and exit points precisely. OK?

http://www.traderji.com/technical-analysis/58744-intraday-profit-system.html#post582353


where can we find those 3 EMA, 13 EMA, 39 SMA, Stochastic(8,3,4). is that available in some site or we should calculate it and graph it.

does 3 EMA refers to 3 days EMA or some thing else. please tell me i am new to trading
and also what does stochastic 8 3 4 mean is that 8 day 3 day 4 day or some other
 
JPASSO Intraday Chart For today with my system

See the Huge profit...


where can we find those 3 EMA, 13 EMA, 39 SMA, Stochastic(8,3,4). is that available in some site or we should calculate it and graph it.

does 3 EMA refers to 3 days EMA or some thing else. please tell me i am new to trading
and also what does stochastic 8 3 4 mean is that 8 day 3 day 4 day or some other
 

rangarajan

Well-Known Member
I have watched this strategy almost since the day Mukherjee posted it.

The upshot is, no signal, no trade. Just wait. When you get the signal, the results are worth the wait. Quite an innovative use of EMA + ADX.
U R absolutely right timepass.

Any particular advantage of using ADX over Stochastic.

I have also observed that when Smart's methodology of using Stochastic is confirmed by Mukerji's MAs,results r fantastic if one is not greedy in intraday esp on trend. No extraordinary intelligence required to use this method.As u rightly said patience is the criteria.

Thanks Mukerjee for sharing this system.
 
My system works fine with both ADX and Stochastic. But I believe that Stochastic has so much use in trading that new traders can find it over load for them :D
So for simplicity I mentioned ADX. But I am developing another more easy system to understand market. Why market moves? why it falls, all can be described by this news but very simple technique. Once my documentation is done, I will share here.


U R absolutely right timepass.

Any particular advantage of using ADX over Stochastic.

I have also observed that when Smart's methodology of using Stochastic is confirmed by Mukerji's MAs,results r fantastic if one is not greedy in intraday esp on trend. No extraordinary intelligence required to use this method.As u rightly said patience is the criteria.

Thanks Mukerjee for sharing this system.
 

4xpipcounter

Well-Known Member
Debarghya, I got to admit. You got a bug up me, as I'm learning how to optimize your ADX indicator. I have a question.

Why is the signal when the strength indicator crosses the -DI line? Would the signal not be for a short when the -DI line crosses above the +DI. The other thing I noticed is that the point I circled in lieu of what I mentioned made a perfect hit on your MA. Combine that as R with the-DI and +DI crossover, you got the move straight south.

Keep talking about this, as I'm enjoying experimenting with this indicator.


image hosting png
 

vinst

Well-Known Member
Debarghya, I got to admit. You got a bug up me, as I'm learning how to optimize your ADX indicator. I have a question.

Why is the signal when the strength indicator crosses the -DI line? Would the signal not be for a short when the -DI line crosses above the +DI. The other thing I noticed is that the point I circled in lieu of what I mentioned made a perfect hit on your MA. Combine that as R with the-DI and +DI crossover, you got the move straight south.

Keep talking about this, as I'm enjoying experimenting with this indicator.


image hosting png
pips,

Similar to your idea , is shown at the following link:

http://www.icharts.in/forum/swing-trading-using-dmi-n-ema-t3722.html
 

4xpipcounter

Well-Known Member
Vinst, I see that! It just seemed to make sense to me, especially when one of the lines has dropped under the 20, and after the golden cross.
I am starting to get hooked on this indicator. Similar to the stochastics, I was noticing times of divergence that is also very effective.
The only problem is, like all oscillators, its lags. But, still, it's worth the continued test.


pips,

Similar to your idea , is shown at the following link:

http://www.icharts.in/forum/swing-trading-using-dmi-n-ema-t3722.html