no one going to earn even single rupee day trading
- Thread starter abhiwhy
- Start date
i don't see these indicators in broking interfaces even if it comes as for example in power indiabulls it comes with name directional movement +Di and directional movement -Di ,
both comes in differnt panes so u can't see any cut for this purpose you can compaire the values of these two to get a cut for example when in PIB +di is 30 and -DI is 29 it can be considered as a buy signal and vice-versa as shorting signal but it is time consuming complex and is a headaque to monitor in such way .
better prefer to charting software if can not then alternatives could be the use of other means such as moving average cut or MACD signals to enter into trade .
both comes in differnt panes so u can't see any cut for this purpose you can compaire the values of these two to get a cut for example when in PIB +di is 30 and -DI is 29 it can be considered as a buy signal and vice-versa as shorting signal but it is time consuming complex and is a headaque to monitor in such way .
better prefer to charting software if can not then alternatives could be the use of other means such as moving average cut or MACD signals to enter into trade .
One very important thing
i was talking about which stocks to trade an important question.
Answer is here , for this purpose we will make two category of stocks
1) stocks that we have to long
2) stocks we have to short
for this purpose we would chose stocks with high volumes, and
which are bullish in short and intermediate term .
1)STOCKS WHICH WE HAVE TO LONG
Firstly we are gonna see in which direction market( nifty , sensex) is going . For this purpose we would see daily charts of the index in long run , if u have charting softwares such as metastock , and have access to systems such as adaptive moving average , 2 day , 3 day breakout techniques , tectical geomatric system lt , etc its better , u could take long or short signal from that for intermediate or swing trades .
( if u don't have such system don't worry use 11 period ema and 55 period ema )
( 11ema tells short term trend and 55 ema tells intermediate term trend )
if nifty is above both in daily chart it means it is bullish in short and intermediate term )
now what we have to do is to select sectors such as banking , pherm, it, metal , automobiles , engineering, etc , which of the above or other sector is bullish iun short and intermediate term .
Suppose automobile is bullish in intermediate and short term , so now we are gonna look for which perticular stock is most bullish in that perticular secto suppose tatamotos and maruti is most bullish
so we are gonna trade in maruti and tatamotors in intraday in long side and use di+ and di- , or moving average crossover techniqe , remember one thing never use short signal in these scripts .if it comes avoid trading , take bu signal and set profit targets . At 0.50% and i can say with confirmation it would be a successful trade .
2) stocks which you have to short .
For this purpose use same technioque as mentioned above but in opposite direction , say u find most bearish sector at present is communication so now find which communication script is most bearish , suppose it is bharti and rcom so
we are gonna use di+and di- or other such techniques to enter into short side . We would ignore the long signal and use only short signal .
Final lession
so whenever market is rising we would buy most bullish scripts and whenever falling we would short most bearish script
the purpose for such arrangement is to increase the accuracy of system and make it a perfect and always profitable technique .
Any problems regarding this system free to ask but please avoid question related to data vendors, softwares , etc.
PROCESS MAY SEEM A BIT COMPLICATED AFTER ADDITION OF THIS CLAUSE IN THIS TECHNIQUES BUT REMEMBER EARNING IN MARKET IS NEVER SO EASY SO U HAVE TO GO THROUGH SOME SORT OF COMPLICATIONS IN ORDER TO BECOME ANY KIND OF SLUMDOG MILLIONARE
:clap::clap::clap::thumb:
i was talking about which stocks to trade an important question.
Answer is here , for this purpose we will make two category of stocks
1) stocks that we have to long
2) stocks we have to short
for this purpose we would chose stocks with high volumes, and
which are bullish in short and intermediate term .
1)STOCKS WHICH WE HAVE TO LONG
Firstly we are gonna see in which direction market( nifty , sensex) is going . For this purpose we would see daily charts of the index in long run , if u have charting softwares such as metastock , and have access to systems such as adaptive moving average , 2 day , 3 day breakout techniques , tectical geomatric system lt , etc its better , u could take long or short signal from that for intermediate or swing trades .
( if u don't have such system don't worry use 11 period ema and 55 period ema )
( 11ema tells short term trend and 55 ema tells intermediate term trend )
if nifty is above both in daily chart it means it is bullish in short and intermediate term )
now what we have to do is to select sectors such as banking , pherm, it, metal , automobiles , engineering, etc , which of the above or other sector is bullish iun short and intermediate term .
Suppose automobile is bullish in intermediate and short term , so now we are gonna look for which perticular stock is most bullish in that perticular secto suppose tatamotos and maruti is most bullish
so we are gonna trade in maruti and tatamotors in intraday in long side and use di+ and di- , or moving average crossover techniqe , remember one thing never use short signal in these scripts .if it comes avoid trading , take bu signal and set profit targets . At 0.50% and i can say with confirmation it would be a successful trade .
2) stocks which you have to short .
For this purpose use same technioque as mentioned above but in opposite direction , say u find most bearish sector at present is communication so now find which communication script is most bearish , suppose it is bharti and rcom so
we are gonna use di+and di- or other such techniques to enter into short side . We would ignore the long signal and use only short signal .
Final lession
so whenever market is rising we would buy most bullish scripts and whenever falling we would short most bearish script
the purpose for such arrangement is to increase the accuracy of system and make it a perfect and always profitable technique .
Any problems regarding this system free to ask but please avoid question related to data vendors, softwares , etc.
PROCESS MAY SEEM A BIT COMPLICATED AFTER ADDITION OF THIS CLAUSE IN THIS TECHNIQUES BUT REMEMBER EARNING IN MARKET IS NEVER SO EASY SO U HAVE TO GO THROUGH SOME SORT OF COMPLICATIONS IN ORDER TO BECOME ANY KIND OF SLUMDOG MILLIONARE
:clap::clap::clap::thumb:
Hi
I am new in to share trading . Can you please explain what is
If its technical , please let me know what all things i need to know to understand this
Regards
I am new in to share trading . Can you please explain what is
If its technical , please let me know what all things i need to know to understand this
Regards
true !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
day trading is one of the toughest task in the world , most of the people specially in our country do not participate in stock markets ,most among them are very long term traders , among them very few are swing trader , even less people are indulged in day trading and what the real figures are 95% of day traders are losers .
every one considers himself among 5% , but what is reality we all know , so the simple question is who earns ? , most of the day traders who earns , belongs to
institutional traders and professional day traders .
i have a friend in institutional trading firm he actually works for a investment banker as a trader , he trades in uk markets .
he told me that , they are provided with access to unlimited capital and are
allowed to trade in any volume but their managers keeps a close watch on them
and does not allow them to hold any positions their main target is to earn one two or max 3 tick price movements . they actually use more than 200 million ponds per day and what the earn on an average about 100,000 ponds /day so that is called actual risk management , shorter is ur position lesser u face competition higher is the profit potential and that's the mantra .
think it indian context will be out of markets in a single day due to huge brokrage , transaction ,and stt charges .
so what to do .?
main problem with us is we are always in search of always earning system and we r the most greedy people .
you can earn more than 1 crore with one thousand capital only in just 98 days . figures are looking great like websites claiming such wonders .but here i don't have any profit making motive so u could have little bit faith on me .
now lets come to topic .
what we need is
1. Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline & Discipline.
2. avoid greed and applying your mind (must )
so ! what we have to do is not to apply our great minds here u can do what ever u like , trade ur way how u use to but just donate small part of ur traing a/c fund to abhi fund
means do what ever u like , just trade with rs . 1000 as i am telling ,
requirements:
1)select any stock of ur choice better if volatile scripts like tatamotors ,adlabfilms ,rcom etc.
2) open a account with farms with exceptional low brokrage and high exposer
3) use exposer of (8-10 )x indiainfoline , indiabulls or any of ur choice
4) maximum brokrage u pay should not exceed 2 paise in intraday basis .
5)order execution should be very fast means as u entered the order it should be executed as per my knowledge indiainfoline and indiabulls are better for these purpose.
6)u should have a trading terminal , avoid browser based systems .
7)broadband connection.
technique :
1. buy when 5 minute di+ ( pdi) (period 14) cuts 5 min di-(mdi 14)
2 short when just opposite as mentioned above
i know u all have tried this technique and have got losses
the ony difference with my technique is exit
set exit target as .50% of price of script in limit order terms (dont think when prices would come i will exit by market order )
it was the main theme of the system so never my exit rule .
if prices goes against u exit again when di+ and di- again cuts each other in opposite direction .
u will gain around .50% trade per day and
.50*10X=5% so in a single trade u are earning 5%
do it 2-3 times max 5 times try avoid trading in inside and choppy markets
your target is 10% per day
after removing expense u will be left with 7-8%
which is more than enough
add ur today earned capital to 1000 (base capital ) per day and increase ur no. of share and go on .
i m posting a possible results(if u not applied ur mind) here .
capital total profit/day 10%
1000 100
1100 110
1210 121
1331 133
1464 146
1611 161
1772 177
1949 195
2144 214
2358 236
2594 259
2853 285
3138 314
3452 345
3797 380
4177 418
4595 459
5054 505
5560 556
6116 612
6727 673
7400 740
8140 814
8954 895
9850 985
10835 1083
11918 1192
13110 1311
14421 1442
15863 1586
17449 1745
19194 1919
21114 2111
23225 2323
25548 2555
28102 2810
30913 3091
34004 3400
37404 3740
41145 4114
45259 4526
49785 4979
54764 5476
60240 6024
66264 6626
72890 7289
80180 8018
88197 8820
97017 9702
106719 10672
117391 11739
129130 12913
142043 14204
156247 15625
171872 17187
189059 18906
207965 20797
228762 22876
251638 25164
276801 27680
304482 30448
334930 33493
368423 36842
405265 40527
445792 44579
490371 49037
539408 53941
593349 59335
652683 65268
717952 71795
789747 78975
868722 86872
955594 95559
1051153 105115
1156269 115627
1271895 127190
1399085 139908
1538993 153899
1692893 169289
1862182 186218
2048400 204840
2253240 225324
2478564 247856
2726421 272642
2999063 299906
3298969 329897
3628866 362887
3991753 399175
4390928 439093
4830021 483002
5313023 531302
5844325 584432
6428757 642876
7071633 707163
7778796 777880
8556676 855668
9412344 941234
10353578 1035358
best of luck and once more maintain descipline .
happy trading
abhi
:thumb:
day trading is one of the toughest task in the world , most of the people specially in our country do not participate in stock markets ,most among them are very long term traders , among them very few are swing trader , even less people are indulged in day trading and what the real figures are 95% of day traders are losers .
every one considers himself among 5% , but what is reality we all know , so the simple question is who earns ? , most of the day traders who earns , belongs to
institutional traders and professional day traders .
i have a friend in institutional trading firm he actually works for a investment banker as a trader , he trades in uk markets .
he told me that , they are provided with access to unlimited capital and are
allowed to trade in any volume but their managers keeps a close watch on them
and does not allow them to hold any positions their main target is to earn one two or max 3 tick price movements . they actually use more than 200 million ponds per day and what the earn on an average about 100,000 ponds /day so that is called actual risk management , shorter is ur position lesser u face competition higher is the profit potential and that's the mantra .
think it indian context will be out of markets in a single day due to huge brokrage , transaction ,and stt charges .
so what to do .?
main problem with us is we are always in search of always earning system and we r the most greedy people .
you can earn more than 1 crore with one thousand capital only in just 98 days . figures are looking great like websites claiming such wonders .but here i don't have any profit making motive so u could have little bit faith on me .
now lets come to topic .
what we need is
1. Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline Discipline & Discipline.
2. avoid greed and applying your mind (must )
so ! what we have to do is not to apply our great minds here u can do what ever u like , trade ur way how u use to but just donate small part of ur traing a/c fund to abhi fund
means do what ever u like , just trade with rs . 1000 as i am telling ,
requirements:
1)select any stock of ur choice better if volatile scripts like tatamotors ,adlabfilms ,rcom etc.
2) open a account with farms with exceptional low brokrage and high exposer
3) use exposer of (8-10 )x indiainfoline , indiabulls or any of ur choice
4) maximum brokrage u pay should not exceed 2 paise in intraday basis .
5)order execution should be very fast means as u entered the order it should be executed as per my knowledge indiainfoline and indiabulls are better for these purpose.
6)u should have a trading terminal , avoid browser based systems .
7)broadband connection.
technique :
1. buy when 5 minute di+ ( pdi) (period 14) cuts 5 min di-(mdi 14)
2 short when just opposite as mentioned above
i know u all have tried this technique and have got losses
the ony difference with my technique is exit
set exit target as .50% of price of script in limit order terms (dont think when prices would come i will exit by market order )
it was the main theme of the system so never my exit rule .
if prices goes against u exit again when di+ and di- again cuts each other in opposite direction .
u will gain around .50% trade per day and
.50*10X=5% so in a single trade u are earning 5%
do it 2-3 times max 5 times try avoid trading in inside and choppy markets
your target is 10% per day
after removing expense u will be left with 7-8%
which is more than enough
add ur today earned capital to 1000 (base capital ) per day and increase ur no. of share and go on .
i m posting a possible results(if u not applied ur mind) here .
capital total profit/day 10%
1000 100
1100 110
1210 121
1331 133
1464 146
1611 161
1772 177
1949 195
2144 214
2358 236
2594 259
2853 285
3138 314
3452 345
3797 380
4177 418
4595 459
5054 505
5560 556
6116 612
6727 673
7400 740
8140 814
8954 895
9850 985
10835 1083
11918 1192
13110 1311
14421 1442
15863 1586
17449 1745
19194 1919
21114 2111
23225 2323
25548 2555
28102 2810
30913 3091
34004 3400
37404 3740
41145 4114
45259 4526
49785 4979
54764 5476
60240 6024
66264 6626
72890 7289
80180 8018
88197 8820
97017 9702
106719 10672
117391 11739
129130 12913
142043 14204
156247 15625
171872 17187
189059 18906
207965 20797
228762 22876
251638 25164
276801 27680
304482 30448
334930 33493
368423 36842
405265 40527
445792 44579
490371 49037
539408 53941
593349 59335
652683 65268
717952 71795
789747 78975
868722 86872
955594 95559
1051153 105115
1156269 115627
1271895 127190
1399085 139908
1538993 153899
1692893 169289
1862182 186218
2048400 204840
2253240 225324
2478564 247856
2726421 272642
2999063 299906
3298969 329897
3628866 362887
3991753 399175
4390928 439093
4830021 483002
5313023 531302
5844325 584432
6428757 642876
7071633 707163
7778796 777880
8556676 855668
9412344 941234
10353578 1035358
best of luck and once more maintain descipline .
happy trading
abhi
:thumb:
ADX : An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directional so it will quantify a trend's strength regardless of whether it is up or down.
drawback wit ADX is that , it is independent of market direction , whatever may be the market diretion , if market is trending it will increase so we use its positive and negative components to isolate the market direction i.e,
DI- : A component of the average directional index (ADX) that is used to measure the presence of a downtrend. When the -DI is sloping upward, it is a signal that the strength of the downtrend is increasing.
DI+ : A component of the average directional index that is used to measure the presence of an uptrend. When the +DI is sloping upward, it is a signal that the uptrend is getting stronger.
logic is simple when DI+ is increasing and DI- is decreasing it signals a rise in a trend in positive direction and when DI+ cuts DI- it indicates market is going to rise for some time and a buy signal gets generated .
opposite is also true when DI- cuts DI+ it indicates formation of a negative trend and market starts falling .
so we use its cuts as an entry and exit system in intraday .
in long time daily or weekly chart several people use DI cuts to enter into swing trades and is really good strategy and provides quite profitable outcomes .
drawback wit ADX is that , it is independent of market direction , whatever may be the market diretion , if market is trending it will increase so we use its positive and negative components to isolate the market direction i.e,
DI- : A component of the average directional index (ADX) that is used to measure the presence of a downtrend. When the -DI is sloping upward, it is a signal that the strength of the downtrend is increasing.
DI+ : A component of the average directional index that is used to measure the presence of an uptrend. When the +DI is sloping upward, it is a signal that the uptrend is getting stronger.
logic is simple when DI+ is increasing and DI- is decreasing it signals a rise in a trend in positive direction and when DI+ cuts DI- it indicates market is going to rise for some time and a buy signal gets generated .
opposite is also true when DI- cuts DI+ it indicates formation of a negative trend and market starts falling .
so we use its cuts as an entry and exit system in intraday .
in long time daily or weekly chart several people use DI cuts to enter into swing trades and is really good strategy and provides quite profitable outcomes .
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