Intraday Trading

[rajsumi121]

any particular reasons to avoid my query sir ???

http://www.tradingfives.com/WDGann-SquareofNine/square-of-nine-calculator.htm


you can find some knowledge here & if you can Google ..you can find huge data there about gaan square ....you can watch many video available on you tube ..just type - gaan square .


Hope I am not breaking any rule of this this thread by giving him these links :clapping::clap::rofl::lol:

 

[kthakker0]

Sir, i just asked him from where he learnt these techniques , if he doesnt want to share it with fellow traders , its ok .

Hi,

It's not that I don't want to share any information that I have.

It's just that I don't have any information about Gann which can make you understand on how to use it. I don't follow Gann.

Gann products are not suitable for my style of functioning which is "Intraday"

Gann made money from commodities and in commodities you have to wait, it's a positional game. This game is not suitable for me as I cannot play it with NF I'll be wiped out in a couple of days.

Gann will be helpful only if have the potential to wait, I don't have the potential to wait. There may be traders who would swear by Gann principals while trading.

But I do have some excel sheets like...

• Square of 9 with Date calculations
• Gann Angles and Degree calc
• 360 degree Price Analysis

which I have made by going thru free info available from the net and have confirmed the outcome with some professional products. But I don't use them nor do I have any resource or books as such.

Do the following...

• Decide what will you Trade. Stock or Futures or Options.
• If the above is Futures then what will it be in Futures Stock or Index.
• The same goes for Options
• Decide the size of your trading account.
• Decide your Stop Loss for the Day, Week, Series.
• Understand the above and then decide what is your "Trading Style" will be. Intraday or Positional.
• With the above is in place, and depending on your "Trading Style" decide which principals will you follow.

Different Trading Principals

• Elliot Waves
• Gann
• Fibonacci
• Lucas
• Gartly
• If you are not familiar with what you want to follow then you'll have to devote time to study them.

If you have done all the above then you already know what to do.

So make a plan and then trade your plan.

And besides give me a break man, at least wait for a day before posting anything negative about me. If you don't see a return reply in the next post doesn't mean that I am avoiding you.

Your alias "The Monk" represents a man who keeps his cool / never losses his patience. So have some patience man.

Bye

 

[The Monk.]

Hi,

It's not that I don't want to share any information that I have.

It's just that I don't have any information about Gann which can make you understand on how to use it. I don't follow Gann.

Gann products are not suitable for my style of functioning which is "Intraday"

Gann made money from commodities and in commodities you have to wait, it's a positional game. This game is not suitable for me as I cannot play it with NF I'll be wiped out in a couple of days.

Gann will be helpful only if have the potential to wait, I don't have the potential to wait. There may be traders who would swear by Gann principals while trading.

But I do have some excel sheets like...

• Square of 9 with Date calculations
• Gann Angles and Degree calc
• 360 degree Price Analysis

which I have made by going thru free info available from the net and have confirmed the outcome with some professional products. But I don't use them nor do I have any resource or books as such.

Do the following...

• Decide what will you Trade. Stock or Futures or Options.
• If the above is Futures then what will it be in Futures Stock or Index.
• The same goes for Options
• Decide the size of your trading account.
• Decide your Stop Loss for the Day, Week, Series.
• Understand the above and then decide what is your "Trading Style" will be. Intraday or Positional.
• With the above is in place, and depending on your "Trading Style" decide which principals will you follow.

Different Trading Principals

• Elliot Waves
• Gann
• Fibonacci
• Lucas
• Gartly
• If you are not familiar with what you want to follow then you'll have to devote time to study them.

If you have done all the above then you already know what to do.

So make a plan and then trade your plan.

And besides give me a break man, at least wait for a day before posting anything negative about me. If you don't see a return reply in the next post doesn't mean that I am avoiding you.

Your alias "The Monk" represents a man who keeps his cool / never losses his patience. So have some patience man.

Bye

I apologise for my post sir, yes its my impatience which made me post, also this impatience costs me in the market , usually i expect the markets to go quickly in my favour ,immediately after entering . Mostly it will not be the case, sometimes market behaves correctly as u anticipated but only the time will be uncertain , sometimes the next day or sometimes after 2-3 days , so working on that aspect of myself .

Thanks for your post sir , i will search for some materials on the web.

 

[kthakker0]

I apologise for my post sir, yes its my impatience which made me post, also this impatience costs me in the market ,

1. usually i expect the markets to go quickly in my favour ,immediately after entering .
2. Mostly it will not be the case,
3. sometimes market behaves correctly as u anticipated but only the time will be uncertain,
4. sometimes the next day or sometimes after 2-3 days , so working on that aspect of myself .

Thanks for your post sir , i will search for some materials on the web.

Hi,

Quoting from descending order

• Don't waste your time on the "Forecasting Time" it's useless.
• Time is always uncertain
• But Market always reaches its Level (Intraday , Daily etc)

Your post has reminded me of my self when I was a rookie / new trader, who was ignorant.
I also thought "What the F_ _ _? Why does this bloody market always goes against me whenever I enter the trade? It seems that the market is waiting for me to enter the trade and then go against it"

It was Time which made me realize that I am not the only one.

And besides this market is too big to even notice me and my chillar amount of trade.

But the question still remained. If I am too small to be noticed then what is it that goes against me?

The answer I got was "Knowledge"

With "Knowledge as my Armour and Trade as my Sword". I always take my pound of flesh from the market without fearing Time.

With Knowledge on your side you'll also Enjoy Your Time.

So, All the Best for the Good Time to come.

 

[kthakker0]

21/03/2013 Friday

Hi,

Sustains below 5642 its 5625 and below its 5617 and then 5590


Bye.

24/06/2013 Monday

Hi,

As already written on Friday NF gave us another opportunity to mint.

Today's OP < 5642 and near 5625 warranted a short trade for 5590.

Weekly NF showing possibilities of lower levels...

My next lower target if 5590 is breached is 5563 - 5558 - 5547

5642 has become an important resistance.

Lets see what happens.

Bye

 

[kthakker0]

24/06/2013 Monday

With 5590 breached I'll go for 5566 but not below 5558 before the end of this series.

If 5558 is breached then we should see market falling further.

Lets see what happens?

Bye

 

[kthakker0]

24/06/2013 Monday

Today's quota is over.

Bye

 

[kthakker0]

24/06/2013 Monday

Hi,

With 5558 as the SL it's 5800 for in next series

Bye

 

[kthakker0]

24/06/2013 Tuesday

If today 5556 is not breached downwards and CP is > 5590 then more or less 5850 is my target.

Today sustaining > 5594 will see more stability with 5625 breached upwards.

Keep a near SL of 5570 and last 5555

Rupee

• Currency needs some stability to see Equity markets stabilizing.
• Rupee more / less at 60 is ideal for Equity to run for 5850+
• Rupee at 60 will be accepted by the market as the norm.
• Current Account Deficit is here to stay till General Election is over so no hope for currency as of now.
• Sentiment is negative with two days for series completion.

Take profits, whenever you get it, even if they are small, instead of loosing.

Bye

 

[kthakker0]

26/06/2013 Wednesday

Hi,

This info was supposed to be given in the morning, but due to net connectivity problems I could not. But nevertheless it's still valid.

NF should reach 5665-5670. Book Profits

Sustain trading > 5630 will see negative sentiments turns positive for 5750

Two SL for all your longs

1. 5590
2. Breaking 5568 definitely sell all your current series long.

SL is given because two days for end of series could do anything.

Bye