My Vision, My option scalping strategies and My daily Profit/Loss

[Sunny1]

My quote :thumb::clap::clapping:Forgot about scalping/any tukka, :clap:learn Technical analyst:clapping: to win the market:thumb:

:clap::clapping:

Bhai TA wo log karte hain...jisko price/volume parna nahi aata....IMO

 

[vallabh_joy123]

after reviewing my scalping style... and some practice... and after opened new account...

All refreshing mind... i started trading from today with small qty....

Lets see... this time i am survive or not

Day 1 : Loss of Rs.205/-

Loss due to undecipline... purani problem small loss lena nahi aata... what can i do... i dont know.. why i am so gridy...

Regards

 

[vallabh_joy123]

I am BACK
New Name...

My Life, My Vision, My Profit & Loss

 

[James Martin]

Most traders is able to do that some days but no traders can do it every day, and like PipMeUp say you have to win almost every day just to break even.

 

[Purushotham]

I am BACK
New Name...

My Life, My Vision, My Profit & Loss

Welcome back...

 

[maneverfix]

I am BACK
New Name...

My Life, My Vision, My Profit & Loss

Hope by this time you must have completed your CA & CFA both or at least one.
Because both the sources demand very high concentration and make your career. All the best.

 

[TRADELOADER]

My Draft Trading Rules:-
1. Scalped in Nifty Options (Ranging from Rs.60 to Rs.150) by using NF Chart.
2. Use simple technical indicator/oscillator to decide market trend.
3. For initially, I am using/tracking 1Min NF chart, BB(20,2),RSI(15,3), Stochastic(8,3,3) and MACD(5,13,8) to generate buy/sell signal to following crossover method.
4. For any trade, my target profit will be between Rs0.80 to 3.00 and my stop loss will be Rs.0.20 to 1.00.
5. Closed trade within 2 minutes (Whether in profit/loss).
6. Execute trade as much as I Can ( minimum 50 trade a day) (Initially)
7. Do not do average to protect loss.
8. My maximum losses in a trading day will not be more then Rs.5000/- (Initially)
9. During market hours always take a rest each and every 10 to 15 Minutes passed. (Do meditation 20 to 30 Seconds if possible).
10. If any trade goes wrong direction then book loss without thinking.
11. Do practice in keyboard daily.(TT)
12. Don�t trade on important announcement day/hours such as Inflation, IIP Data, and RBI Policy declared. (Trade after such announcement or seat idle)
13. Learn Advance Technical Analysis tools and studies.
14. Concentrate to learn and develop different scalping techniques.


Please debate on these.. i want to finalized before this month end..

Sir, how you take decision on the basis of bollnger bands...
please clarify