Lets double the money in 40 trades

[susheel04]

Moderators . Please conduct some getogether/seminars or meetings regularly say 3 or 4 times in a year in different metropolitan cities such as Delhi, Bombay, Calcutta, , Chennai,Bangalore etc

conduct anywhere but not Hyderabad

Do u know why?

Don ka illaka hai:lol:

 

[Smart_trade]

what is st gap?

Nothing like ST gap....our friend Raghav has given this name as I had written a post on it.

Read Raghav's post given below ...he has explained much better than I could do in my earlier post.....

http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading-17.html#post552802

Smart_trade

 

[Sunny1]

R1989...plz complete 40 trades first...after that you can start posting other trades....

 

[jagankris]

please answer the question as early as possible...

do i continue with bank nifty or do i go with other stock futures also along with bank nifty...live

:clap::thumb::clapping:

Dear Friend,

Silver.
I am not sure if trading Silver with your strategy is safe for you are using 1M TF.
Extremely volatile.Will not test your patience to the core some times like Nifty.

Smart Trade ji,
Request your opinion on the above said.

Thanks.

 

[Smart_trade]

Dear Friend,

Silver.
I am not sure if trading Silver with your strategy is safe for you are using 1M TF.
Extremely volatile.Will not test your patience to the core some times like Nifty.

Smart Trade ji,
Request your opinion on the above said.

Thanks.

Jagan,

I do not know whether r1989 trades/monitors commodities. As he has to post his trades live, he would prefer the counters he trades everyday...

But silver is very volatile and a good candidate for this method I guess.....

Smart_trade

 

[Subhadip]

Dear Friend,

Silver.
I am not sure if trading Silver with your strategy is safe for you are using 1M TF.
Extremely volatile.Will not test your patience to the core some times like Nifty.

Smart Trade ji,
Request your opinion on the above said.

Thanks.

Jagan,

I do not know whether r1989 trades/monitors commodities. As he has to post his trades live, he would prefer the counters he trades everyday...

But silver is very volatile and a good candidate for this method I guess.....

Smart_trade

never traded to thought of commodity..

nifty and bank nifty are sufficient for me ..


:clap::thumb::clapping:

 

[umeshmandal]

Nice thread, not becoz it may end up with a recepie for Doubling money in 40 trades but the discussions with inputs from SG and ST have been great read. It also depicts the usual Trder mind set of doubting any thing in TA that can give money. (I have my share of it) Read the entire thread at one go and might have missed some subtle points.
I totally agree that it is possible to double money in 40 trades but not sure if it can be done perpetually. Its easier to trade 4/5 lots of BNF but as the Trade size increases it beomes more and more difficult to maintain the discipline. (I said "difficult" not impossible)

Are doubling the amount without considering the Brokerage and other charges, slippage wont come in here as actual trades are beinbg posted though there are few posts of the owner of the thread which raises doubt that he is actually "paper trading"!! In such a case "slippage" wouyld come into picture. ( Please r1989, no aspersions meant, just ignore this comment if you are actually Trading with real money)

Also I find that r1989 is not always adding positons into profit but adding without the original position is in profit, like taking 2 lots in the very first trade.. now again this could be due to the size of the SL he has in place, where RR is very much in his favour.....

If at any time r1989 wishes to share his strategy, I would rather be happy to ask him how he "maintains" his disciplne rather than the strategy... frankly there are N number of systems around that give more profits than what is being followed by r1989, but only on paper... in actual traders like me give actual losses!!!

I was following a strategy by ccmb420 (Shravan), now banned here, who shared it with me commercially, I could not earn from it in 4 months and lastly ccmb gave me on line calls for another 4 months then only I could master it. One thing that came out from this exercise is that more than the system its the "Trader" that matters. r1898 will double his money in 40 trades, but even if he reveals his strategy, not many would be able to repeat this feat.... Thanks again r1989, like so many selfless people here, you add to their list.. on Traderji it rubs off.. look forward to other aspects of trading too rather than the strategy itself

 

[Subhadip]

bank nifty shorted 1 lot ..at 9.20 bar low at 10530
1 lot added at 10485 at 9.35 bar low

holding 2 lot short....till now

:clap::clapping::thumb:

 

[Subhadip]

will add 1 lot short at 10330

if it comes

 

[Subhadip]

tata steel shorted shorted at 570.... 1 lot

adding one lot short now..at 558

stop at 563