Priyanvada's chit chat home ...
- Thread starter priyanvada
- Start date
SUBHODAYAM.
Saptarnavah sapta kulachalascha
Saptarsayo dvipavanani sapta I
Bhuradi krtva bhuvanani sapta
Kurvantu sarve mama suprabhatam II
The seven oceans ( Lavanabdhi, Iksu, Suravarpa, Ajay, Dadhi, Ksira and Svadu-jala); the seven mountains (mahendra, Malaya, Sahydri, Suktiman, Rkasavan, Vindhya and Pariyatra): the seven Rsis (Kasyapa , Atri, Bharadvaja, Vivamita, Gautama, Jamadagni and Vasistha): the seven dvipas ( Continents) (i.e. Jambu, Plaksa, Salmala, Kusa, Kroncha, Saka and Puskara): the seven vanas (forest) ( i.e. Dandakaranya, Khandarany, Champakaranya, Vedaranya, Naimisaranya, Brahmaranys and Dharmaranya); and the seven bhuvanas (heavens) (i.e. Bhuh, Bhuvah, Svah Mahah, Janah, Traph and Satyam) ---may all these make my morning auspicious for me !
Saptarnavah sapta kulachalascha
Saptarsayo dvipavanani sapta I
Bhuradi krtva bhuvanani sapta
Kurvantu sarve mama suprabhatam II
The seven oceans ( Lavanabdhi, Iksu, Suravarpa, Ajay, Dadhi, Ksira and Svadu-jala); the seven mountains (mahendra, Malaya, Sahydri, Suktiman, Rkasavan, Vindhya and Pariyatra): the seven Rsis (Kasyapa , Atri, Bharadvaja, Vivamita, Gautama, Jamadagni and Vasistha): the seven dvipas ( Continents) (i.e. Jambu, Plaksa, Salmala, Kusa, Kroncha, Saka and Puskara): the seven vanas (forest) ( i.e. Dandakaranya, Khandarany, Champakaranya, Vedaranya, Naimisaranya, Brahmaranys and Dharmaranya); and the seven bhuvanas (heavens) (i.e. Bhuh, Bhuvah, Svah Mahah, Janah, Traph and Satyam) ---may all these make my morning auspicious for me !
In the morning, I think what ever opens gap up above BB is to be shorted ... So I shorted in Reliance Communications Ltd. very early ... and still it rose up and my stoploss got hit ... 
... -64.8 Loss
Maruti was a entry gone wrong ... I feel not much bad with that trade ...
Gail was UNFORTUNATE trade ... Everything happened in front of my eyes and I could not place "Right Order" at "Right Time" Over Telephone ... I simply messed up everything ... and a loss ...
Suzlon Unitech and Ranbaxy were PERFECT Entries and exits ... :thumb:
1. Short selling "gap up" opened stocks a lot above BB in the morning ...
2. Going long for stocks which show Neat staircase up-trend ... after 10.30 ...
3. Going short for stocks who have failed to put a break to a down trend from morning till 11.00 am in 5,10,15 minutes charts ...
4. I enter & exit in 1 minute charts mostly ... they make my entry & exit almost perfect!!
5. Because of my laziness I trade mostly 1 trade at a time and use 1/2 or full exposure with strict stoploss based on 1 min or 5 min charts ... This trade size is where I feel I need improvement ... My prejudised Ego doesn't want my profit get hampered because of smaller trade size ... I need to "somehow" convince my self ... that this is NOT GOOD ... From monday I am going to use only 1/3rd or 1/4th of exposure in any single trade ...
6. I move stoploss as soon as possible to zero to make a given trade a "Free Trade"
7. I am not sure about exit ... So I book my profit in one stroke ... Today only I tried to book half profit once and half latter ...
8. After 12:30 pm I start looking for intra-day trends ... mostly I prefer downtrends ... I feel they are FASTER than up trends ...
9. Still using my LAB list of "selective stocks" ...
10. I prefer mainly shorting since I feel rebound is hard in downtrend than in uptrend ... FEAR is powerful than GREED ...
11. I play in BB (9,2) setting which you say BEST ... and have molded myself with them perfectly ... i use 1 min , 5min, 10min candles mainly ...
12. Risk is whatever chart suggests ... and reward is unlimited for whole day ... I never get out from a winning trade EARLY without some reason on charts ...
13. If I am in a losing trade or stopping out on time stop ... I use 1 min chart for a perfect exit ...
14. I use Stoch (3,5,3) which is default default stoch settings in my trade tiger ... I have given up (5,3,3) since I have not been able to what value is assigned for what variable till now ...
15. I respect BB compression, BB Red Green pair, ... overbought and oversold situations in 1 min , 5min, 10min candlestick chart ... and always rely upon them after TREND ...
16. I am still not using optimum trade size and not cross checking risk which is promoted by money management science ... This is BAD
17. I am lazy to browsing the charts which is another BAD thing ...
.... This is what can i tell till now ... Very Wild and Lazy way trading ... Need a lot lot and lot amount of improvement ...
i am dreaming a discipline in my day trading ...
... -64.8 Loss Maruti was a entry gone wrong ... I feel not much bad with that trade ...
Gail was UNFORTUNATE trade ... Everything happened in front of my eyes and I could not place "Right Order" at "Right Time" Over Telephone ... I simply messed up everything ... and a loss ...
Suzlon Unitech and Ranbaxy were PERFECT Entries and exits ... :thumb:
1. Short selling "gap up" opened stocks a lot above BB in the morning ...
2. Going long for stocks which show Neat staircase up-trend ... after 10.30 ...
3. Going short for stocks who have failed to put a break to a down trend from morning till 11.00 am in 5,10,15 minutes charts ...
4. I enter & exit in 1 minute charts mostly ... they make my entry & exit almost perfect!!
5. Because of my laziness I trade mostly 1 trade at a time and use 1/2 or full exposure with strict stoploss based on 1 min or 5 min charts ... This trade size is where I feel I need improvement ... My prejudised Ego doesn't want my profit get hampered because of smaller trade size ... I need to "somehow" convince my self ... that this is NOT GOOD ... From monday I am going to use only 1/3rd or 1/4th of exposure in any single trade ...
6. I move stoploss as soon as possible to zero to make a given trade a "Free Trade"
7. I am not sure about exit ... So I book my profit in one stroke ... Today only I tried to book half profit once and half latter ...
8. After 12:30 pm I start looking for intra-day trends ... mostly I prefer downtrends ... I feel they are FASTER than up trends ...
9. Still using my LAB list of "selective stocks" ...
10. I prefer mainly shorting since I feel rebound is hard in downtrend than in uptrend ... FEAR is powerful than GREED ...
11. I play in BB (9,2) setting which you say BEST ... and have molded myself with them perfectly ... i use 1 min , 5min, 10min candles mainly ...
12. Risk is whatever chart suggests ... and reward is unlimited for whole day ... I never get out from a winning trade EARLY without some reason on charts ...
13. If I am in a losing trade or stopping out on time stop ... I use 1 min chart for a perfect exit ...
14. I use Stoch (3,5,3) which is default default stoch settings in my trade tiger ... I have given up (5,3,3) since I have not been able to what value is assigned for what variable till now ...
15. I respect BB compression, BB Red Green pair, ... overbought and oversold situations in 1 min , 5min, 10min candlestick chart ... and always rely upon them after TREND ...
16. I am still not using optimum trade size and not cross checking risk which is promoted by money management science ... This is BAD
17. I am lazy to browsing the charts which is another BAD thing ...
.... This is what can i tell till now ... Very Wild and Lazy way trading ... Need a lot lot and lot amount of improvement ...
i am dreaming a discipline in my day trading ...
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