Scalper's Forum

[rakamath]

thanks a lot for this useful thread on scalping.
can you please elaborte on how to calculate risk factor and what do the numbers given against the scripts exactly signify.

 

[rkripal]

thanks a lot for this useful thread on scalping.
can you please elaborte on how to calculate risk factor and what do the numbers given against the scripts exactly signify.

Hi

the numbers against scripts are RFs.
Read the following post to get rf.

http://www.traderji.com/day-trading-stocks/22291-scalper-s-forum-7.html#post186663


kripal

 

[rkripal]

hi,

today's stocks


1. BANKINDIA---------1.8
2. CAIRN-------------0.9
3. ESSAROIL---------1.6
4. SAIL--------------0.8
5. PUNJLLOYD--------2.8
6. RELPETRO---------1
7. RPOWER-----------1.5
8. SUZLON-----------1.5
9. GAIL--------------1.8
10. IBULLS------------3


kripal

 

[rkripal]

Kripal, u missed IFCI today It was kind-of scalper's paradise.

oh yes trader

really didnt look at it.
thanks for drawing attention


kripal

 

[vpsarathy]

Kripal,
I am trying to learn scalping. Where can I read about Risk factor and how to use it?

VPS

 

[rkripal]

Kripal,
I am trying to learn scalping. Where can I read about Risk factor and how to use it?

VPS

Hi VPS

read this forum carefully from the beginning.
you can also go to investopedia for more info about scalping.
trader111 has explained rf here

http://www.traderji.com/day-trading-...tml#post186663

btw i am also a student, trader111 can help you about learning scalping.


kripal

 

[vpsarathy]

Kripal,

Tks 4 yr reply.

http://www.traderji.com/day-trading-...tml#post186663

Something wrong, I a unable to reach this site. Getting errors. Pl check validity.

VPS

 

[vpsarathy]

Trader111,

Thanks for starting this useful thread. Your language is lucid and clear but I need to know real basics

"Wikipedia link: http://en.wikipedia.org/wiki/Market_microstructure
Serious reading: Trading and Exchanges: Market Microstructure for Practitioners"

Wiki... gives only synopsis
The book is very expensive almost Rs 4000/- which I cannot afford
Are thee any good Indian books?

Still I donot know what RF - 1.5 means. Pl transalate
Donot understand 1min chart

"You can see the Refresher on chart as well but it is better to train oneself to see it in the order book. This may require more than a month but it is important bcos remember that a chart will be slow for high volatile stocks.

If you wish to scalp NF or sensex heavy weights than the Refresher thing does not matter for you."

I donot make head or tail out of this.

""3. Practice exiting trades at no-loss: using a 1-2*RF target."" - this is a bouncer for me

"1/3*RF soft stop (mental stop) and a one RF hard stop"- again a bouncer

How will I know exit and entry points??

I sound very stupid don't I? I am very eager to learn.

It is better to ask when you don't know something and allow people to laugh at your stupidity than not ask at all and remain stupid all your life. In the first case you are stupid only once for a short time till you get your answer


This is my attitude

Pl reply if you have the patience and energy to tolerate my stupid questions. Even if you donot reply I will understand. No hard feelings at all. I am willing to be a good student

Still I will have to find answers to follow your thread and will do so.

Thanks for your precious time for reading this

VPS

 

[dsugandhi]

Friends,

How do we configure Amibroker to get NSE/BSE quotes?

 

[vpsarathy]

Trader111,

I simply donot make head or tail out of RF. What is it? How is it calculated, taking into a/c what factors?How is it helpful to traders?

I asked you something like this earlier but your answer didnot give any clarity. Now I find that there is some one like me.So I feel bolder to ask explanation either from you or from the other gentleman whom you referred in your reply to me.

Eagerly awaiting reply,

VPS