Priyanvada's chit chat home ...

[rajeshn2007]

So, net summary is that you have a system that is equivalent to your sabziwala's system.

Or maybe you may not be having a sabziwala.... after all u may have your own garden

And this thread is getting ready for another war

 

[rajeshn2007]

actively to bring her on track...

You are already following a system. If you are getting accustomed to trade by seeing the charts alone, then it is ok.

otherwise you consider this too:
for intraday stocks/markets can be traded without seeing the charts also.

 

[priyanvada]

You are already following a system. If you are getting accustomed to trade by seeing the charts alone, then it is ok.

... Yea...I feel I am growing up day by day by losing less n less!

otherwise you consider this too:
for intraday stocks/markets can be traded without seeing the charts also.

... Do you mean pivot??

 

[rajeshn2007]

... Yea...I feel I am growing up day by day by losing less n less!



... Do you mean pivot??

1. That's fine.
2. yes, pivots. less complicated way to trade, though there are some shortcomings.

 

[priyanvada]

2. yes, pivots. less complicated way to trade, though there are some shortcomings.

... please tell me what are the shortcomings???

 

[rajeshn2007]

you wont get many chances to trade. - a stock may open gap up over the pivot and may /may not get an entry point.

stops are bit deeper, than a chart based trading( where stops may be smaller like previous bar's low)

 

[priyanvada]

you wont get many chances to trade. - a stock may open gap up over the pivot and may /may not get an entry point.

stops are bit deeper, than a chart based trading( where stops may be smaller like previous bar's low)

Thanks!! :thumb:

 

[prasadam]

Priyanvada,

you had nice discussions with SG. & Rajesh. try to use them profitably.

btw, what happened to jindal & cipla trades? how you have ended the day in a loss?

hope you will have a good day tomorrow.:thumb:

 

[prasadam]

Our aim is to attain the state where we are at one with the moment so that we can act without thought in accordance with the situation.

cheers.

prasad.

 

[priyanvada]

prasadam,

I had gone mad with todays loss!

In that Savant Sir told me my stock selection is Pathetic!

So I have a made a First Giant study rather than asking someone and waiting forever to answer ...

I assumed that,

1. Once upon a time God blesses priyanvada that I will give you Var! ... that in advance you will know the intraday's high & low of all nifty Fifty stocks and for that you have to sacrifice all the Live chart stuff and trade only on those advance infrmation of intraday High & Low of Nifty Fifty Stocks!

2. So priyanvada agreed!

3. The Var Was given in jan 2009 to till today!

Assuming Priyanvada made As much profit as she could by trading Nifty Fifty based on intraday high & lows ... Which stocks she might have chosen for playing intraday???

With this question I made a study, as which stocks are better in Nifty for intraday trading considering history from Jan 2009 upto till date,

I am thinking this syat worthy study for me chosing more ranging stocks in Nifty Fifty ... What do you think?

Savant Sir Suggests that observe keenly how all stocks move and retain this information in your brain and play wisely ...

but i don't have intraday data to observe from today to 1st jan 2009 .. All I have is an access to 5 day data in my trade tiger ...

So I decided to analyse the high and low of all nifty stocks and filter out which are giving on average more difference in high's and lows than others ones ...

better to say I have filtered stocks which on average give more range than average range of all the nifty stocks from Jan 2009 till date ...

So here is the final picture,

The stocks scoring 1 in check have passed the test! ... and I feel they should be stastically okay to play for intraday trading!:thumb: