Positional/intraday Trading Tips
- Thread starter hitesh sabharwal
- Start date
- Status
i dont advertise here,this is what i offer,if i sometimes give a level to short/long below x y z and if that shares after trading below the level comes up,you can get out or better point me out on very first note,that i forgot stoploss,after updating clients when i am updating here,i can make a mistake and its helpful to point out about stoploss or target or something missing.
thanks
thanks
Really Fantastic Recommendations With Date. I Am Rather Surprised .
TO
PSHIRURKAR, HITESH AND KINDMAN,
...i am not callgiver, nor a professional...though 2003/04 i traded regular basis av earning 40000/month..coursey bull market and exit strategy.
ofcourse i practiced fundamental way back 1991-93...with good +return and luck.
since a fund manager[famed in media] challenge me what i know..
i accept the challange ...and showing it...members of traderji.com r spectator and if dares still can make 8-10% swing play on this stock.
ongc giant starts moving...reason fundamental + inside buy.
target 970 ...2nd target 1010 ..on 29/6/07
1115 within 10/08/07.
its because million tonne oil price realise @ 61-52=9$/barrel , 6barrel=1tonne
so excellent eps will be published in weekend
extra profit...1000000x9x6x40=?now multiply this fig ? 23 million
this fundamental facts r known to everybody ...it matters who can play with it.
...i am offered 6lakh /annum ...which i decline and stick to 9lakh .[my salary protection]...so they laugh at me 'how a novice can get it?'...
SO ITS MY REPLY TO THEM...YES AN EX CHESS PLAYER CAN REALLY THINK DIFFERENTLY WITH MORE ACCURACY
.........
wish u all the best and hitesh to allow me to write in his thread
good bye
oilman5
TO
PSHIRURKAR, HITESH AND KINDMAN,
...i am not callgiver, nor a professional...though 2003/04 i traded regular basis av earning 40000/month..coursey bull market and exit strategy.
ofcourse i practiced fundamental way back 1991-93...with good +return and luck.
since a fund manager[famed in media] challenge me what i know..
i accept the challange ...and showing it...members of traderji.com r spectator and if dares still can make 8-10% swing play on this stock.
ongc giant starts moving...reason fundamental + inside buy.
target 970 ...2nd target 1010 ..on 29/6/07
1115 within 10/08/07.
its because million tonne oil price realise @ 61-52=9$/barrel , 6barrel=1tonne
so excellent eps will be published in weekend
extra profit...1000000x9x6x40=?now multiply this fig ? 23 million
this fundamental facts r known to everybody ...it matters who can play with it.
...i am offered 6lakh /annum ...which i decline and stick to 9lakh .[my salary protection]...so they laugh at me 'how a novice can get it?'...
SO ITS MY REPLY TO THEM...YES AN EX CHESS PLAYER CAN REALLY THINK DIFFERENTLY WITH MORE ACCURACY
.........
wish u all the best and hitesh to allow me to write in his thread
good bye
oilman5
H
HMMMMMM...EX CHESS PLAYER....WHAT WAS YOUR ELO RATING OILMAN? I PLAYED A LITTLE CHESS TOO.RAPID CHESS TOURNAMENT.WAS NOT A FIDE RATED PLAYER.BUT CHESS IS VERY CLOSE A GAME TO ME.
YOU ARE SOUNDING LIKE FISCHER,BY CHALLENGING THE FUND MANAGER.....OUTRAGEOUS MOVES TO DISMANTLE THE OPPONENT!
A GOOD CHESS PLAYER SHOULD MASTER END GAME FIRST,THEN MIDDLE GAME AND OPENING. YOUR THINKING MAY BE GOOD IN CHESS BOARD,BUT IN STOCK MARKET?? WELL HERE THE OPPONENT IS NOT ONE PERSON,LIKE IN CHESS,HERE THEY ARE MANY IN NUMBERS.THE OPERATORS,THE HEDGE FUNDS,PROFESSIONALS......BE AWARE OF GETTING SHORT OF A PAWN BY A HIDDEN 'en passant'.
MY BEST OF WISHES WITH YOU,AS YOU AND I BELONG TO THE SAME "CHESS" MARKETS.
REGARDS
YOU ARE SOUNDING LIKE FISCHER,BY CHALLENGING THE FUND MANAGER.....OUTRAGEOUS MOVES TO DISMANTLE THE OPPONENT!
A GOOD CHESS PLAYER SHOULD MASTER END GAME FIRST,THEN MIDDLE GAME AND OPENING. YOUR THINKING MAY BE GOOD IN CHESS BOARD,BUT IN STOCK MARKET?? WELL HERE THE OPPONENT IS NOT ONE PERSON,LIKE IN CHESS,HERE THEY ARE MANY IN NUMBERS.THE OPERATORS,THE HEDGE FUNDS,PROFESSIONALS......BE AWARE OF GETTING SHORT OF A PAWN BY A HIDDEN 'en passant'.
MY BEST OF WISHES WITH YOU,AS YOU AND I BELONG TO THE SAME "CHESS" MARKETS.
REGARDS
to hario9omkar,
1974..in ur state..my age 9...rank6
........elo 2210..1999-2000...
later i play and won some tournament[only for rated]...
last my tournament [i retire 2002...after lost against abhijit kunte]..
two of students play in sub junior level ..
manish krishna...ex national knows me...also sandipan chanda[ur state]
......one yr back i see my trunkful of books...and the notes...
...in 2002 i played a tournament in alekhine club ,calcutta
...yes i am not good like u...i play for money...
till amateur can not win easily [ i won an amateur tournament in a metro this yr]...reason i studied this game @ 2-3hr...16yrs...from 7yr of age to 38yr...my retirement of chess...i lost less than 100 games.
btw..u can read 3 threads..[writen by me]...where comparative analysis of chess and trading...given.
hope u shall enjoy
[ u see my comments on ur thread...[15/3/07]
.....nice write up...great and practical view ...shown by all traders...
who wins?...ofcourse...HARIOM....he now knows what is trading...
1]call givers give calls to earn..
2] they/their good buddy take position BEFORE other know what to do
3] all good hearted traders suggest to loss LITTLE...
4] market prediction is difficult..
5] know what u can handle...
6] discipline is key
WHY I AM COMMENTING...
BEFORE 3month..i dont comment...so i made money...
january i write...i am cocky...
feb....overconfident....i write more...SO MY EQUITY CURVE FALL
now at 3.5 lakh loss....
its my fault....
......................
so as a failed position trader....i know why i failed.....
this realisation is only i got ....loss teaches me....
swing trade...i t i understand....works well PRESENT MARKET CONDITION...BOTH SIDE BREAK ../.IS POSSIBLE.....
BUT..I CAN NOT...PLAY...i am taking time to build me....
how to handle volatility....
day trade....ha ha...still i am rightly trade...
[ i treat it as gambling..i was a known gambler..in cards since concentration is key ...and risk management... i normally win here...
alas i gamble..10%..]70%...position trade...so loss is bigger...
very bad strategic mistake...win 10/-...to lose...10000/-
fortunately in hibernation i can prepare a more..powerful strategy..
i shall keep pro..for trade entry....
attend some call....
check fundamental......business scenario
own responsibility...no discussion what tobe done...just DO IT...
RECHECK SYSTEM...trial trade...6month....
by the way,....the topic is DAY TRADER.....
I shall give some hints....never hold loser.....
use scanner ...eod....next day probable candidate...3ok....
use BREAKOUT/ MOMENTUM
book targeted profit/loss...no ifs and buts...
.......pl read 'journey of a trader...and 'trading system for beginner...then only
...tool of a pro
...mind it i am learning trading....a coaching taken from cbot...2003..1yr
..have studied short term trading of tradingmarkets.com...also course from trend-dynamics.com...
..have 5 yr trading knowledge with metastock ...1.5 yr with omnitrader.
a professional risk analyst with project manager....so i have polish here and there...to be a pro in market...target dt 2010...expected return 30%/annum.
.............
to pshirurkar.
i dont deserve any thanks...its ur karma...u get money ..
btw..dont short nifty now...
moneyflow again coming to indian market......
so they write in paper some threat rumor so weak hand sales...and then come big run.
personally i believe in sector rotation
1974..in ur state..my age 9...rank6
........elo 2210..1999-2000...
later i play and won some tournament[only for rated]...
last my tournament [i retire 2002...after lost against abhijit kunte]..
two of students play in sub junior level ..
manish krishna...ex national knows me...also sandipan chanda[ur state]
......one yr back i see my trunkful of books...and the notes...
...in 2002 i played a tournament in alekhine club ,calcutta
...yes i am not good like u...i play for money...
till amateur can not win easily [ i won an amateur tournament in a metro this yr]...reason i studied this game @ 2-3hr...16yrs...from 7yr of age to 38yr...my retirement of chess...i lost less than 100 games.
btw..u can read 3 threads..[writen by me]...where comparative analysis of chess and trading...given.
hope u shall enjoy
[ u see my comments on ur thread...[15/3/07]
.....nice write up...great and practical view ...shown by all traders...
who wins?...ofcourse...HARIOM....he now knows what is trading...
1]call givers give calls to earn..
2] they/their good buddy take position BEFORE other know what to do
3] all good hearted traders suggest to loss LITTLE...
4] market prediction is difficult..
5] know what u can handle...
6] discipline is key
WHY I AM COMMENTING...
BEFORE 3month..i dont comment...so i made money...
january i write...i am cocky...
feb....overconfident....i write more...SO MY EQUITY CURVE FALL
now at 3.5 lakh loss....
its my fault....
......................
so as a failed position trader....i know why i failed.....
this realisation is only i got ....loss teaches me....
swing trade...i t i understand....works well PRESENT MARKET CONDITION...BOTH SIDE BREAK ../.IS POSSIBLE.....
BUT..I CAN NOT...PLAY...i am taking time to build me....
how to handle volatility....
day trade....ha ha...still i am rightly trade...
[ i treat it as gambling..i was a known gambler..in cards since concentration is key ...and risk management... i normally win here...
alas i gamble..10%..]70%...position trade...so loss is bigger...
very bad strategic mistake...win 10/-...to lose...10000/-
fortunately in hibernation i can prepare a more..powerful strategy..
i shall keep pro..for trade entry....
attend some call....
check fundamental......business scenario
own responsibility...no discussion what tobe done...just DO IT...
RECHECK SYSTEM...trial trade...6month....
by the way,....the topic is DAY TRADER.....
I shall give some hints....never hold loser.....
use scanner ...eod....next day probable candidate...3ok....
use BREAKOUT/ MOMENTUM
book targeted profit/loss...no ifs and buts...
.......pl read 'journey of a trader...and 'trading system for beginner...then only
...tool of a pro
...mind it i am learning trading....a coaching taken from cbot...2003..1yr
..have studied short term trading of tradingmarkets.com...also course from trend-dynamics.com...
..have 5 yr trading knowledge with metastock ...1.5 yr with omnitrader.
a professional risk analyst with project manager....so i have polish here and there...to be a pro in market...target dt 2010...expected return 30%/annum.
.............
to pshirurkar.
i dont deserve any thanks...its ur karma...u get money ..
btw..dont short nifty now...
moneyflow again coming to indian market......
so they write in paper some threat rumor so weak hand sales...and then come big run.
personally i believe in sector rotation
H
Oilman...I'm impressed.You are an apt chess player.
But one negative thing(ofcourse it may not be a -ve,but my understanding) I find in your writings too often,is the mention of no. of years.
I am also doing a TA course,from someone who amassed fortune in the markets,whom you call pro.Take my view Sir - successful trading can be learnt in one week only,if you have the rightest mentor,who is not a suited-booted analyst,but have earned real money,have great conceptions of price movement.Ofcourse if one is tremendously focused.
But one negative thing(ofcourse it may not be a -ve,but my understanding) I find in your writings too often,is the mention of no. of years.
I am also doing a TA course,from someone who amassed fortune in the markets,whom you call pro.Take my view Sir - successful trading can be learnt in one week only,if you have the rightest mentor,who is not a suited-booted analyst,but have earned real money,have great conceptions of price movement.Ofcourse if one is tremendously focused.
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