Stock FUTURES To Keep A Close Eye On

[SavantGarde]

SG...,

Forigive My Ignorance ..., With My Poor Knowledge of English I am unable to Grasp what you are trying to convey in the above underlined Statement ...

Did you mean Something like Volley BALL for Aarav , Foot BALL for apdd....

And What about Rest of Us ..........

Cheers...,

For Intelligent people like you there are 'Intelligent Forums'

This one is for Old Monkeys like me....!!!

SG

 

[rkgoyal_98]

thanks for reply

every bit of knowledge is useful, and more if we can make it learning.




rkgoyal, thanks for reply. have seen your charts and discussions, and also you are very old member of this community,
i believe you can answer me, having some query about above points-

1. how person can assume/know this or that is a extreme?
2. what should a person do, if market tank in flash? (no SL)

.

I have yet to learn all the tricks, but one thing that i am getting on to is feel of the Market, Its not that i had never been positive many months i ended in green but still whenevr i make losses they were bigger, so overall in red, This all is for the greed part of it, fear i have atleast in control now, greed is yet yo be.

Today i had put sell stop order on nifty smeeling the fall when it started after 1 pm just to cash in intraday fall it was at 5264.05 for sell and 5265.55 for trigger, still market jumped over it

After this i just watched the screen, nothing i did, i wanted to add to some of my positions as per the stretegy i had been following since last 45 days buy then just waited

Now i am also trying to understand market structure over all as per the wave counts and trying to add/reduce positions with each wave and getting little sucess in this
A lot more is to lean yet
Regards

 

[timepass]

Did you mean Something like Volley BALL for Aarav , Foot BALL for apdd....

And What about Rest of Us ..........

Cheers...,

Ask for yourself only. What kind of balls do you like ??


Mothballs maybe :lol: :rofl: or meatballs

 

[CASPER]

SG...,

I am for sure known around for coming up with Cartoons/Humors ..., Your Bold Fonts Convey you haven't taken My Post in The Right Spirit ...

Anyway Cheers for the Weekend.....

For Intelligent people like you there are 'Intelligent Forums'

This one is for Old Monkeys like me....!!!

SG

 

[Arsh]

For Intelligent people like you there are 'Intelligent Forums'

This one is for Old Monkeys like me....!!!

SG

LOLzzzzzzzzzzzz..........:clap::clap::clap:

 

[apdd2003]

Hi APDD,

Please don't confuse what I am attempting to do with Aarav as a rule for others....what I have in mind for Aarav..is based on his available capital and time he can devote to Trading....!!!

For you it will be entirely a different ball game.....which I will outline it tonight....!!!

SG

sir, if you get free time tonight for my guidance then following info may be helpful to you:

>ledger balance 1.5 lacs (earlier i said 1 lac)
> brokerage 4 paisa intraday Indiabulls
> I find 5 min TF to long even if i try to use it(get anxious or nervous). end up using 1 min TF and most of the time sl gets hit

 

[SavantGarde]

APDD,

First things first...please drop the 'Sir' while addressing me.... simple SG will do fine....!!!

Let me outline what you have told me so far....
a) Available Capital is 1.5 Lac
b) Unlike Aarav you are available throughout the Trading session
c) Your comfort level is 1 min because even 5 min TF makes you anxious
d) 4 paisa Brokerage with India Bulls

Plan is as follows....

a) In 2-3 months you should have no fear of Trading any TF
b) You will refrain from checking on Channels, Forums, Friends as to what they think Market is doing or going to be doing....!!!
c) Since you can devote full time ...will send you a link where few friends meet up during Trading hours....this is so we can communicate faster...!!!

Guess that's about it for now.... we meet up on Monday...!!!

SG

sir, if you get free time tonight for my guidance then following info may be helpful to you:

>ledger balance 1.5 lacs (earlier i said 1 lac)
> brokerage 4 paisa intraday Indiabulls
> I find 5 min TF to long even if i try to use it(get anxious or nervous). end up using 1 min TF and most of the time sl gets hit

 

[sunilrhs]

SG...

But I still think, being bored is better than being panicked... I would have definatlly sold CIL @ 335ish (at loss out of panic), but the way you bought down the average cost from 345.35 to 340 and then finally selling at 343.30, we were able to make some profits + (profits is some other trades also).

I saw the flash crash yesterday, though being long on nifty, I did not panic for once, infact , it gave me an another chance to add more which I sold on 40 points profits...

What I Have learned while working with YOU, ANANT and ANAY is

1) DONT PANIC OTHERWISE THEY WILL HUNT US DOWN.
2) ALWAYS HAVE LESS POSITIONS IN MARKET SO THAT WE CAN MANUVERE LATER INCASE OF UNFAVAOURABLE MOVE.
3) ALWAYS LOOK FOR AN OPPORTUNITY RATHER THEN CRY FOUL ON BAD TRADE.
4) AND BELIEVE THE MENTOR INSIDE OUT, AND DONT RAISE EYEBROW ON THEIR STATEMENTS.
5) DONT FEAR FROM SHORTING ANY STOCK/INDEX.

See I always try to look on the brighter side of the story. Thanks for opening our GYANCHAKSHU and one little story for you. Hope you will like it.

Student: How to get enlightend.
Mentor: Change your clothes first then have food daily.
Student: I dit not understand Sir.
Mentor: If you did not understand, then have your food first then change your clothes.

Moral of the story: Dont question your mentor....

Regards

Sunil

Look at the bright side...we were both able to exit CIL with decent profits.... and it was only yesterday .....you were getting bored with holding it...

Frankly, I still do not know what exactly happened.... somebody mentioned Soros...while somebody else mentioned....Manmohan Singh....I smell a rat....immediately after our market closes DOW Jones futures jumps up...same as yesterday....

SG

 

[timepass]

TP ....if you are following 5min TF.... then look to adjust it upwards for smaller Profit...... remember smaller the TF more trades one gets but at the same time profit or loss in each trade is also smaller....!!!

SG

SG, can you expand a bit more on this, with an example or two if possible. My purchase price was 5307.xx, SL was previous pivot low (5304, actually 5300 with filter). So what should've been my SL & target ? All this considering that my breakeven is about 4 points.


PS : I have been meaning to ask you this ever since I read it, but the markets had me stumped yesterday

 

[dineshN]

Normally SG don't like posting on weekends. Enjoy these two days, stay away from the market is his advice but can't keep away from this thread!!!!

In reference to couple of earlier posts, in March series I was staring at 50K MTM losses and was not sh*t scared of it - reason - it was SG's call. If it was my own call, I would not cope with even 4-5K loss. This is the difference a Mentor makes. In any other case, I would have booked this loss. Currently by rolling over to April series, my position is still intact.

The point is, in many loss making situations, there are ways out either to recover fully or at least partially. But need to shout for help.