Priyanvada's chit chat home ...

[priyanvada]

Exposure?!

Please gemme some hint boss.....

 

[prasadam]

yes ma'am.:thumb:

I thought somewhere you have mentioned 10 times exposure.

so, even a 1% change in price will result in 10% R.O.C.

 

[priyanvada]

Hohoho....This table has nothing to do with exposure at all .... I never said R.O.C. on exposure ...

I meant anyhow with whatever exposure make 1%, 2%, 3%, and so on...

R.O.C. on capital at the end of the day is the REAL thing of mine interest...

 

[prasadam]

how do you assess which scrip is going to give your desired ROC.

if you are targeting 1% change in price your ROC is 10%.

if you are targeting 1% ROC. then 0.10% change in price is sufficient.

or do you mean to say there will be no targets, what ever market gives you will be happy.?

In that case what is the purpose of the calculations you have done?

 

[priyanvada]

Syat you missed whole thing ...

My Basic quesion is ... Take 6 times, 10 times, or 20 times exposure on you capital no problem ...

"When i give you 100 Rs. as trading capital, then how much you will have at the end of the day?" ...

=> if 101 then 1%
=> if 102 then 2% and so on ...

Exposure doesn't matcher much in my calculation ... Earning at the EOD matters after all ...

Hope you got my point... If not then temme ...

 

[rnmathur4965]

My regular strategy of "Reverse Engineering from EDO to one minute Candle" is much much better ....

Had I played with this regular strategy with Traceback from EOD to 60,30,10,5,1 min candle and also BB(9,2) , It is showing really good profit!! ...

It seems I should take this 50 SMA crossover thing as secondary confirmation ...

I an new in TA. If you could baby walk me to the steps of your strategy, it will be helpful for me.

Thanks

 

[priyanvada]

how do you assess which scrip is going to give your desired ROC.

... Focus is not on scrip ... focus is on Total earning over intial capital at the End of day ... So Simple! ... finding Right scrip every day to achieve desired ROC is Traders Baby not calculators...

if you are targeting 1% change in price your ROC is 10%.

... I am NOT targeting 1% change in price of a scrip, I am targeting 1%,2%,3% ... Change in Traders Capital at the End of each trading session!

if you are targeting 1% ROC. then 0.10% change in price is sufficient.

... True... but who has enough guts to take a position of 10 times the exposure in a single trade?? ... Any ROC is NOT expecred in single trade ... 1%,2%.3% ROC is expected over capital for the whole day till the end of day ...

or do you mean to say there will be no targets, what ever market gives you will be happy.?

The targets are clear ... I have calculated IDEAL & consistant capital growth which is very unlikely to achieve for us humans ... today I amke 10% and tomorrow lose 3% and again day after tomorrow I make 0.5% and so on ...

So Calculation is a BENCHMARK ... at any point of time you can assess your returns with this standard benchmark ... Got it?!

In that case what is the purpose of the calculations you have done?

These Calculations is a benchmark provided to check a day traders performance over a given period of time :thumb:... So Simple!!

Jai Ho!...........

 

[priyanvada]

I an new in TA. If you could baby walk me to the steps of your strategy, it will be helpful for me.

Thanks

Mathur Sir,,

i am also 2.5 to 3 month old baby in this field...

Still i will try my best to help you ...

Tell me first,

what, what, what you know ...?!

 

[prasadam]

I think you missed this.

or do you mean to say there will be no targets, what ever market gives you will be happy.?

In that case what is the purpose of the calculations you have done?

to add more.

the purpose of the exercise is to DREAM how much I will be having after certain time if the daily return is x % then why restrict the x to 1% - 6%. dream with a 100% return per day.

I thought the purpose of the whole exercise is to set a reasonable and achievable target per day, guide by the excel sheet.

for ex.

I have zeroed on a 1 % return per day.

given my exposure of 8 times, and possible taxes etc., my profit target per day is 0.20 of my capital exployed i.e., purchase/sale made.

so if I sell bhartiairtel @ 335/- my profit target is 0.20% of 335 i.e.,0.70Rs. and my buy price will be 334.30.

If I have achieved this target, I may choose to go slow on the other trades for that day and may enter in those trades where the chances of failure are very much less.

 

[rnmathur4965]

Mathur Sir,,

i am also 2.5 to 3 month old baby in this field...

Still i will try my best to help you ...

Tell me first,

what, what, what you know ...?!

Thanks. I know about candles and time period. I also know how to plot BB but not about its inputs like 9,2.

Thanks