My daytrading

[krish4166]

Raghavacc, beginner made money

 

[mangup]

We can improve our trading following different techniques.Each one has different tools to do that.We respect that.

What I do?Each day ( whenever I take trade) I save the image of the chart.At EOD I analyse it marking my entry and exit points.Then I relate it to an ideal entry and an ideal exit.Then I will analyse how much I need to improve in entry and exits.I save all charts in a folder monthwise,datewise.

For me thats not important.The important is my mistakes.Whenever I lose,I just get alert.What I do is once I lost a trade I not only save that chart but I do take a print out and write on the printed chart "NOT ONCE AGAIN".I look at it for 5 Minutes and then punch and file it.In the file I have 2 sections
1.Lost due to my mistakes
2.Lost due to bad luck (Though I have followed all my plans,rules disciplines I lose the trade).On top of this printed chart I write "BAD LUCK".
This is based on theory one picture is equal to 1000 words. Invariably when I see the same kind of action again ,I recollect the picture and stop myself from making mistakes. I told you I am not a scalper.Thats why I could afford to do all this.All this I do by evening or night when I get free.

This improved my trading a lot.Try to do different things.Thats when you get lot of joy in life.

Dear Raghav,

Very well said!

Identifying --> Accepting --> Learning ---> Not reapting the mistakes, is needed not only to improve but to excel in trading.

mangup

 

[krish4166]

Raghavacc
Not only today everyday and every day thank u

 

[krish4166]

Raghaavacc
if you have time post us chart of yesterday and today on 5min intraday TF for buying and selling sgnls

 

[deepanshah13]

Raghavacc,

Hi!

I am have gone through with your thread and I admit, like many members, it helps me a lot in my trading.

Thanks a Lot for sharing your experience and knowledge...

Like many other members, I am also eagerly waiting for the PDF Manual.


Thanks and Regards.

 

[Raghavacc]

Excellent Raghav ji. Have added to my ' to do list - EOD'. Thanks a lot.

Dear Kmgsm,

Its my pleasure to note that you are taking something out of my little knowledge.

Raghavacc
Not only today everyday and every day thank u

Dear Krish,

I could feel your pulse .You have made good money on this day.The only thing now you need to do is to not lose the money you have made.Keep practicng,sucessfull trading will become your other nature.

Raghaavacc
if you have time post us chart of yesterday and today on 5min intraday TF for buying and selling sgnls

Hi Raghavacc,
WOW great thread.:thumb::thumb:

raghavacc, plz post today's 5 min tf nifty futures intraday trading.

Raghavacc, beginner made money

Krish,

I am dealing with some health related issues of my family members.So I did not even open the charts for last 2 days.In case I get time tommorrow I will post it.

Dear Raghav,

Very well said!

Identifying --> Accepting --> Learning ---> Not reapting the mistakes, is needed not only to improve but to excel in trading.

mangup

Well said Mangup.

Raghavacc,

Hi!

I am have gone through with your thread and I admit, like many members, it helps me a lot in my trading.

Thanks a Lot for sharing your experience and knowledge...

Like many other members, I am also eagerly waiting for the PDF Manual.


Thanks and Regards.

Dear Deepan,

One year of my effort is reaping results.I feel really proud.A PDF here and Govt.Of India bringing the black money back both are same.They take time.However the former is honest and the latter is a big dacoit.

 

[krish4166]

Raghavacc,
HEALTH IS WEALTH, plz take time.
I wish all the good health to you and your family members.

 

[Raghavacc]

Nifty 31-5-32011

Above 5 Minute chart shows why low and high of the day are so crucial.A long position at LOW of the day when it tests is a good way to take a small risk big reward trade.IF YOU LOSE ,YOU LOSE NOTHING since S/L or SAR is just below LOD.

When it takes support at LOD 30 Min has a version of DBLHC confirms the trade..

Silver 5 Min chart of today.

Point "A" is open of the day. Point B,C,D test it and bounce and thereby form low of the day.Now at "E" it breaks the LOD and then at "F" it retests the break. Thats where pro's come and make money. You too can.....almost 1800 poits fall.

 

[krish4166]

Raghavacc,
Was there any signals on 2nd june nifty futures 5 min TF
for me there was no signals.

 

[Raghavacc]

Raghavacc,
Was there any signals on 2nd june nifty futures 5 min TF
for me there was no signals.

There was no signal.Good that you are getting the grip of this method. Not taking unnecessary trades/staying away from the market is the one of the most important components of our method.Good going Krish.