Method To Use For Successful Day Trading

[as156]

REPLY- Dear kiran , it is totally free , since developed by indegeniously from traderji member. You can see Mr.Murty's Blog ,u can see in software section of traderji.He has given all links for the software published here.
Thanks
as156

 

[swagat86]

Thanks as156,

Thats great..
Thanks to the techies here who developed the software. Where can I that excel sheet which pics the data from yahoo/NSE ?

How much it would cost for live data from NSE/BSE ?

Regards,

http://www.traderji.com/software/7269-yahoo-auto-refresher.html

NSE BSE do not give live data themselves. There are data vendors like Esignal stoxtrendz etc whcih do so.


Thanks

 

[uasish]

Chated with esig guy yesterday ,they want 127 $ for Datas,when i asked for only Data no frills they will charge 87$ (inclusive of 2$ for NSE charges) pm.

 

[ashokpethkar]

This seems quite effective and profit assurance method.
Some tech.words are not followed.
Pl.explain some more for beginners like me.

 

[as156]

Pl.specify Exactly Where U Got The Doubts, So I Can Clear It Off
Thanks
As156

 

[didi]

Dear AS156,

please tell us the your excel formula for this day trading purpose.

Thank you,

Didi

 

[munde_77]

please write more on method to use successful day trading

 

[aabhi06]

Dear as156,
as you mention about excel sheet or C D which you post in the other thread ---Real time Intraday NSE tick data for Self-developed software--- on page no.03 ?? or any other sysem .
Thanking you.
- Abhishek.

 

[master4sell]

DEAR ALL MEMBERS ,
I AM PRESENTLY USING THREE METHOD FOR SUCCESSFUL TRADING
U CAN ALSO USE THE SAME -SECRET OF MY SUCCESS IS AS FOLLOWS
I KNOW U ALL ARE BRILLIANT , I MY SELF WRITE VERY OCCASSIONALY ON THIS FORUM

NOW COME TO THE POINT - MY SECRET WAYS FOR SUCCESSFUL DAY TRADING

METHOD 1) See the market trend - There is only three trends in any sort of market it is fixed & definite

Up Trend - If u find up trend of the market by seeing bhavcopy on that end of the day.You can analyse the same which trend is going.

Use this method for Next Working day that Buy At Open /Sell at High
U get definite profit.( But u should have a method to calculate breakout price / High Price etc.If u dont have - I developed Excel Utility -& It is for sale gives complete analysis)

DOWN TREND - If u find down trend then Buy any share at it's low's low ( Low's low means that if u observed it very carefully - You can find Low's low value - Normally Market Up's By Only Once & Down by Three times in a day
which i observed ) Sell at Close of the market ( Means before 3.30 pm- Indian Market)

Third Trend is Not Up & Not Down - That means Once share open it directly goes at certail level & also closes at nearly by same level.
In that case U buy at close time & Sale at next immediate day.

If u follow this startergy new comers & experienced will also get profit.

In detals i will explain soon.
If u have query regarding how logic works behind this.I am ready to explain
to all experts.
Thanks
as156

Totally FENK RAHAA HE,

People Please dont be fool,



master4sell

 

[uasish]

There are many methods but primarily what suits my personality type.
My trader friend 'Santanu' ,he works on Cash Mkt only earning 1k to 2k daily ,consistently.
He never looks at EoD or 1 min or any charts prior to mkt opening.
After opening he will compare the Nifty chart of Yahoo with nifty stocks in PIB.
Select the ones in sync with Nifty movements & get those at top of his watch list & look at Tick charts Only of those selected .
Then he will find the Support / Resistance points (his proprietory method,though time & again he has explained that to me but as it is a bit subjective & cant be coded but only determined by observation i have never tried that) from EoD .After this he will place Alerts in those price points in PIB & move to next one.
When the Alerts come he will just look at Tick charts to observe how the scrip is reacting at that price point & take a position.Whenever the movement goes in his favour he will place a SL covering only the brokerage & simply forget that scrip for the time being & move to next one.Like this when 2 to 3 positions taken & SL placed,he will simply close every thing.
Periodically he will open his computer & increase his SL of those positions surviving,until 3.20.
At 3.25 he will sq up all his positions & after 3.30 simply switch off mentally from mkt until next day 9.55am.
He is one of the most Simple guy earning consistently since 4 yrs & never subscribe to any Forum or meet traders except few close old day trader friends.