Intraday Trading

[sabhlok_r]

Thakker Bhai.... pl share your opinion on rcom for positional long. Can it show 170+?

 

[kthakker0]

Thakker Bhai.... pl share your opinion on rcom for positional long. Can it show 170+?

I don't track any Reliance as all Reliance stocks n futures belong to operators and they are all manipulative.

It better to stay away from them.

My advice: Sqr up if in profit, if in loss use your money management skills or wait for the target.

Bye

 

[prabhsingh]

Kindly can you tell your money management rules or recommend some sites/books/threads for MM rules please.

 

[sabhlok_r]

I don't track any Reliance as all Reliance stocks n futures belong to operators and they are all manipulative.

It better to stay away from them.

My advice: Sqr up if in profit, if in loss use your money management skills or wait for the target.

Bye

thanks Thakker Bhai....holding no positions. Just that Mota bhai is about to commence Jio and would be using rcom's infrastructure, so wanted to know if it is a good bet.

 

[kthakker0]

Kindly can you tell your money management rules or recommend some sites/books/threads for MM rules please.

13/11/2013 Wednesday

You cannot just follow some one else's Money Management Rules.

For eg Initially I used to refer to Ashwani Gujaral, his SL's were minimum 100 points and his target was 300-400 points. The minimum capital required for this type of trading was Rs 5,00,000/- and nos of NF contracts was 10

This type of money management was not suited for my intraday style.

So I had to develop my own method, which I found in Fibonacci studies.

My money management are my levels.

So make your own rules which are in perfect accordance to your Capital that would complement your Risk / Reward Ratio.

Bye

 

[kthakker0]

thanks Thakker Bhai....holding no positions. Just that Mota bhai is about to commence Jio and would be using rcom's infrastructure, so wanted to know if it is a good bet.

This mota bhai has taken (t)his infrastructure (R Com bhi toa uska he hai) on rent for 12 years at the rate of 1000 crore per year. And he is also developing his own infrastructure as well, so how long will this renting last is a question.

Bye

 

[kthakker0]

13/11/2013 Wednesday

Hi,

NF should find support at 6035-6016 levels from where it should again start the upward journey. My SL for will be 6001

Bye

13/11/2013 Wednesday

Hi,

Initiated long position.

Let's c kya hota hai.

Bye

 

[sabhlok_r]

13/11/2013 Wednesday

Hi,

Initiated long position.

Let's c kya hota hai.

Bye

I also entered long @ 6035....:thumb:

 

[kthakker0]

13/11/2013 Wednesday

Hi,

NF today's CP if above 6045 is good for rally

Bye

 

[kthakker0]

13/11/2013 Wednesday

Hi,

Market is showing signals of NF trading at or near 5996.

Bye