SH's Intraday Strategy - ELH5

[jayan12]

short at 6009

 

[Tradewithhunter]

I exited at 6000 ...lost 10 points

you cant be slow when trading intraday Jayan... you had to exit as soon as the sell trigger got generated at 6005 !!!

Cheers
SH

 

[Tradewithhunter]

you cant be slow when trading intraday Jayan... you had to exit as soon as the sell trigger got generated at 6005 !!!

Cheers
SH

I usually open my trade window 30 seconds before the 5 minute candle is about to close... put my square off order and leave it at the last 'confirm' button .. when the candle closes ... i just click a button and my order is executed....

I request anyone who cant trade fast and/or is paying high brokerage ... PLEASE DONT TRADE INTRADAY ..

Cheers
SH

 

[jayan12]

should we close it now?

 

[VJAY]

I think no more trades now......

 

[jayan12]

short at 6009

should we close it now?

 

[VJAY]

should we close it now?

yes allready closed @6013

 

[vikas2659]

SH ,i calculated its costing 2.78..(1.39 multiply by 2..buy & sell)..(inclusive of STT & all other taxes..etc)..per lot trade ..is it worthwhile to go ahead wd dis stgy..???...means per successful trade i will get 16.22 approx net gain

 

[jayan12]

closed at 6012

 

[jayan12]

Dear SH.


What is the idea behind stopping the trade for the day when two consecutive trade fails? Just curious to know the reason.