no one going to earn even single rupee day trading

[Rkji]

hi raj

i knew you would ask this qustn

NO, i didn' t have these trades but imho throughout the day saw crossovers resulting in 45 - 60 paisa moves....i feel for our settings of stoch that 5 min is the best with less chances of whipsaws as i saw 1 & 3 min too

i was really expecting a breakout today & most of the time was on 4/5 sma on 15 min tf....but in between looked at stochastics on 5 min tf & realised that i could have had atleast 2 trades leading to a total of 1 - 1.5 % gain

i agree i cud have been hit of a breakout as it will be in an uptrend ....the markings are just for your comments...even if i was doing a real trade i wouldn' t have traded after last sellout mark as mkt fell down strongly thereafter...but before that it was rangebound for some period

i feel trading on huge volume with less profit in stoch cud be good...though money mgnt is most imp

regards,
rishi

 

[Rkji]

i think you mean breakdown in this case...yeah around 65 & then maybe at 50 we broke

regards,
rishi

consider the chart of icici today and see where the breakouts occur

 

[prasadam]

Hi Rishi

what would have been the profit in those trades based on stochs?

BTW, please go through these posts of SG.


http://www.traderji.com/equities/28224-trading-crossover-bb-72.html#post370796

http://www.traderji.com/equities/28224-trading-crossover-bb-49.html#post325336

cheers.

hi abhi & raj

what do you think of the buy & sell signals i marked on the chart using stochastics in 5 min tf

regards,
rishi

 

[Rkji]

hi prasad

sorry to say they were paper trades & not real

btw i have read trading with cross thread till 48-50 pgs & now looking at the posts you have directed me to, i am excited as i think i will get proper guidance regrdng stochstc indicator. just tried stoch on mentioning of raj. but its great to know something has already cooked in our trade with cross thread....will go over it tonight

many thanks to you prasad, i appreciate you helping a newbie a LOT..
it really makes a difference to be under wings who have flown over those heights

regards,
rishi

Hi Rishi

what would have been the profit in those trades based on stochs?

BTW, please go through these posts of SG.


http://www.traderji.com/equities/28224-trading-crossover-bb-72.html#post370796

http://www.traderji.com/equities/28224-trading-crossover-bb-49.html#post325336

cheers.

 

[S Rajagopal]

Just joined and yours is the first post I read. By "d" i understand u refer to divergence(s). Will try this out may be in TMF as you suggest. Anything specific you would advise?
Regards,
S Rajagopal

 

[netman]

download savant sir' s trading organiser here
[/COLOR]

rishi ji,
you have this file in free rapidshare account, and it lets only 10 people download it.
if you wish you can host it on any other sharing network, or if you wish to take help from any volunteer, let me know, i can host it on premium account for free and give you the DELETE link to be used when you think it should not be downloaded again.

please let me know how we can let this file become available for more people so you expertise is shared and appreciated by all.

hope you don't mind my suggestion

thanks.

 

[Rkji]

1) only rishi..no ji
2) will upload on other site now..good suggestion
3) it' s the artwork of SavantGarde & not me

regards,
rishi

rishi ji,
you have this file in free rapidshare account, and it lets only 10 people download it.
if you wish you can host it on any other sharing network, or if you wish to take help from any volunteer, let me know, i can host it on premium account for free and give you the DELETE link to be used when you think it should not be downloaded again.

please let me know how we can let this file become available for more people so you expertise is shared and appreciated by all.

hope you don't mind my suggestion

thanks.

 

[Rkji]

stochastic reffered to me by raj...

take values as %k period as 10, %k slow 3, %d period as 3, simple, overbought at 92 & oversold at 8

try on 1 or 5 min tf...pls use this in addition with your main indicator & paper trade for few days

all the best

regards,
rishi

Just joined and yours is the first post I read. By "d" i understand u refer to divergence(s). Will try this out may be in TMF as you suggest. Anything specific you would advise?
Regards,
S Rajagopal

 

[Mangafreakz]

Great call on the BNF , Abhi , congrats on the Profit. I saw your post in the BB thread of columbus , was your analysis on the contracting BollingerBands ?
After seeing your post last night , saw the BNF chart , it had a Bearish Engulfing too on the Spot BNF.

 

[abhiwhy]

Great call on the BNF , Abhi , congrats on the Profit. I saw your post in the BB thread of columbus , was your analysis on the contracting BollingerBands ?
After seeing your post last night , saw the BNF chart , it had a Bearish Engulfing too on the Spot BNF.

thanks !

yes i think there is a limit to any thing and bb in case of bank nifty contracted too much and as market moves from lower volatility to higher volatility so huge crash or rally was obvious and in such cases i have observed over a long time , that if the direction of market in such cases depends upon the middle bands(20 period moving average ) , price had crossed middle band so it was its obvious direction , also previous day the close was lower than last 5 day's lows others signals were adx lower than 15 , so a new trend should start , but i think it is just a beginning and i have made a great mistake by booking profit , bank nifty and nifty as well , will see more lower levels and so i have bought some puts to serve the purpose. lets see :clap:

regards