Intraday Trading
- Thread starter kthakker0
- Start date
- Tags daily trading intraday swing nifty futures
23/10/2013 Wednesday
Hi,
http://importantbankingnews.blogspot.in/2013/08/npa-in-banks-will-rise-and-rise-without.html
1st line of the report
"India’s banking sector is unlikely to recover in the next 18-24 months. High bad loans is another reason for the potential slow recovery of banks."
The above report was in public domain since 7th August 2013.
How many of us knew about it?
And what would have been the pattern of trading in banking stocks and or banknifty if this report was known earlier?
This report only confirms that banks will no longer be able to provide the required support to Nifty to reach 63xx and 64xx as been rumored.
The rumors are always spread by Smart Traders to offload the backlog.
The one's left with the unwanted baggage / luggage are known as "A_ _ (w)holes.
It's better to loose some money if you are stuck in banking sector rather then been labelled as...
Bye
Hi,
http://importantbankingnews.blogspot.in/2013/08/npa-in-banks-will-rise-and-rise-without.html
1st line of the report
"India’s banking sector is unlikely to recover in the next 18-24 months. High bad loans is another reason for the potential slow recovery of banks."
The above report was in public domain since 7th August 2013.
How many of us knew about it?
And what would have been the pattern of trading in banking stocks and or banknifty if this report was known earlier?
This report only confirms that banks will no longer be able to provide the required support to Nifty to reach 63xx and 64xx as been rumored.
The rumors are always spread by Smart Traders to offload the backlog.
The one's left with the unwanted baggage / luggage are known as "A_ _ (w)holes.
It's better to loose some money if you are stuck in banking sector rather then been labelled as...
Bye
24/10/2013 Thursday
Hi,
Time n again Congress ko khujlee hoti rahtee hay. Infusing cash in PSU banks rallied the market and seller were caught sleeping.
At 6250 all the smart traders offloaded their stock to not so smart buyer's who are straddled with unwanted / unbearable heavy luggage.
6210 has indeed proved to be a good SL in this runner up rally.
Our 6250 has More / Less been achieved and was a good area to not only book profits but also go short.
Jo kal ho na tha woh aaj ho gaya.
Now again we ride the same train and follow the same levels to again reap the same benefits.
Tomorrow we should see some price rise which again will be used to sell.
Bye
Hi,
Time n again Congress ko khujlee hoti rahtee hay. Infusing cash in PSU banks rallied the market and seller were caught sleeping.
At 6250 all the smart traders offloaded their stock to not so smart buyer's who are straddled with unwanted / unbearable heavy luggage.
6210 has indeed proved to be a good SL in this runner up rally.
Our 6250 has More / Less been achieved and was a good area to not only book profits but also go short.
Jo kal ho na tha woh aaj ho gaya.
Now again we ride the same train and follow the same levels to again reap the same benefits.
Tomorrow we should see some price rise which again will be used to sell.
Bye
25/10/2013 Friday
Hi,
The rally today faced tough resistance at our 6172+ level and closing < 6172 is a great relief for sellers and an opening for our near target of 6094.
6100 is a sentiment indicator so trade accordingly.
Today's many traders would have been chopped left and right, perhaps that why it's called choppy day.
Those who adhere to levels might perhaps get bruised but certainly not get chopped off.
Bye
Hi,
The rally today faced tough resistance at our 6172+ level and closing < 6172 is a great relief for sellers and an opening for our near target of 6094.
6100 is a sentiment indicator so trade accordingly.
Today's many traders would have been chopped left and right, perhaps that why it's called choppy day.
Those who adhere to levels might perhaps get bruised but certainly not get chopped off.
Bye
27/10/2013 Sunday
Hi,
Traders perspective is based on his / her indicative ratio of R:R.
See "Fair" "Good" "Excellent" and R:R are worst enemies of each other.
The reason been...
As far as I am concerned there is no such thing as Fair Good or Excellent.
For me all the above has no meaning. My meaning and my discipline are my levels as they are my targets for my profit and my loss (If any)
Profit is just Profit and it's a million times better then a loss, no matter how small the loss is.
You point a trader who will be happy with a loss in respect to a small profit (Here small profit can be even Rs 50 or 100)
My indicative R:R are my Levels for every Trade
Even before I enter the trade I know my Risk and my Reward, as both are based on my strong levels.
My Trading Decision is hardwired with my Levels. As every Trade is different.
But, which idiot has tossed this rigid R:R formula in a market which is always volatile and super active.
My advice to you and all the traders is...
"Just follow a system that will give you piece of mind while trading. As Intraday Trading is a "Very Big Headache"
Every Day An Active Intraday Stock Market Trader Lives 25% of his Daily Life in Actual Hell. (6 hours of Stock Market Timing)
During these 6 hours of Every Trading Day, the real companion of a trader are his "Heart and or BP" problems. Salla, they don't leave him/her even for a single second. Headache toa ghar say sath lay kar he nikalta hai aur Gray Hair (safaid bal) uskay pichay-pichay bhaut jaldee aajaa tay hai.
For a Trader Happy Times are rare and sometimes costly. Only a Stock Market Trader has the courage to laugh in times of loss. "Chal yaar koi baat nahi kaal kama lay-en-gay"
Aur phir bhi log kay boltay hai "Salla juaari hai"
Bye and Best of luck in your Intraday Trading.
Hi,
Traders perspective is based on his / her indicative ratio of R:R.
- How much % you allot to your Risk
- How much % you allot to your Reward
See "Fair" "Good" "Excellent" and R:R are worst enemies of each other.
The reason been...
- It will be Fair if you take profits as per your R:R. But will it still be "Fair" to see the market showing more profits if you had ignored your R:R. If this happens then, Believe me the very next words from your mouth would be "yaar yea R:R nay nuksan karwaa diyaa, thoda aur rukhta toa maaja aa jata" am I right?
- Now, it would be "Good" if you waited a few % points over your R:R and reaped healthy profits. But it would not be "Good" in terms of maintaining R:R discipline, as you have already ignored your R:R. Greed has already taken control of you.
- It would have been "Excellent" if you had gone with the market thru it's full run up length. And all the while "Teray R:R kee toa laga dee hotee" For you R:R does not matter, it seems to have just disappeared.
- In all the above instances your R:R is Ridiculed, Tossed and Kicked out by you. So a trader is never Fair nor Good (Excellent ka tao name lay na bhi bekar hai) in maintaining strict discipline as per R:R.
- Now suppose the same Trader is piling up loss still that bewakoof will ignore R:R and will start to climb the invisible rope named "Hope"
- R:R ho kar bhi nahi hai, toa yea "Hope" name kee invisible tope kaha say mil gayee.
As far as I am concerned there is no such thing as Fair Good or Excellent.
For me all the above has no meaning. My meaning and my discipline are my levels as they are my targets for my profit and my loss (If any)
Profit is just Profit and it's a million times better then a loss, no matter how small the loss is.
You point a trader who will be happy with a loss in respect to a small profit (Here small profit can be even Rs 50 or 100)
My indicative R:R are my Levels for every Trade
Even before I enter the trade I know my Risk and my Reward, as both are based on my strong levels.
My Trading Decision is hardwired with my Levels. As every Trade is different.
But, which idiot has tossed this rigid R:R formula in a market which is always volatile and super active.
My advice to you and all the traders is...
"Just follow a system that will give you piece of mind while trading. As Intraday Trading is a "Very Big Headache"
Every Day An Active Intraday Stock Market Trader Lives 25% of his Daily Life in Actual Hell. (6 hours of Stock Market Timing)
During these 6 hours of Every Trading Day, the real companion of a trader are his "Heart and or BP" problems. Salla, they don't leave him/her even for a single second. Headache toa ghar say sath lay kar he nikalta hai aur Gray Hair (safaid bal) uskay pichay-pichay bhaut jaldee aajaa tay hai.
For a Trader Happy Times are rare and sometimes costly. Only a Stock Market Trader has the courage to laugh in times of loss. "Chal yaar koi baat nahi kaal kama lay-en-gay"
Aur phir bhi log kay boltay hai "Salla juaari hai"
Bye and Best of luck in your Intraday Trading.
28/10/2013 Monday
Hi,
Discussion of Rate cut, No rate cut or How much rate cut has no meaning.
But these discussion certainly do cut off many traders who easily gets swayed by public opinion.
People discusses because they are not sure of what should happen and many are so ignorant that they don't know what is supposed to happen.
But who gives a damn about rate cut. Congress nay India ko itnay kaat diya hai, kay Raman rate katay ya na katay kya pharak padta hai aur agar pharak padta hai toa kitan pharak padta hai.
During the day from 6180 to nearly 6100 toa 6094 kitna dur hai. Ek Intraday Trader ko aur kitan kamana ahi ek din may?
Kamanay wallay kamatay hai aur discuss karnay wallay discuss kartay rahtay hai.
Bye
Hi,
Discussion of Rate cut, No rate cut or How much rate cut has no meaning.
But these discussion certainly do cut off many traders who easily gets swayed by public opinion.
People discusses because they are not sure of what should happen and many are so ignorant that they don't know what is supposed to happen.
But who gives a damn about rate cut. Congress nay India ko itnay kaat diya hai, kay Raman rate katay ya na katay kya pharak padta hai aur agar pharak padta hai toa kitan pharak padta hai.
During the day from 6180 to nearly 6100 toa 6094 kitna dur hai. Ek Intraday Trader ko aur kitan kamana ahi ek din may?
Kamanay wallay kamatay hai aur discuss karnay wallay discuss kartay rahtay hai.
Bye
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