Stocks To Keep A Close Eye On

[prst]

Short 1 Lot Dabur @ 100
Long 1 Lot Sail @ 184

Chairman Saheb ne gaaloo khave padsey.

and this prashanth had entered long on dabur last week at 96
lets see where its headed..

 

[swati23]

EDIT....site seems very slow.

 

[swati23]

It went down to around 324 levels.

Swati,

Did the price again came down once you exited or kept going up?

 

[Rishi001]

I agree, If you see SG sir's call on HH yesterday, he asked Goofy bro to sell it at ~1968 and within 5 mins the price fell to ~1928-1930, this is a pretty big range.... and then he also knew where to exit ....which i guess is most important point..

But Swati, here is the point I am confused about:

Mr SG gives targets that fetch return in excess of 30-40 rupees. Many of these are Price Action related. So, exiting right after the spurt doesn't make sense to me since that would only mean a few rupees profit. That is very difficult for retail traders to quickly execute and also make money...and certainly it is not possible to make 80K with 2L ledger doing that..

 

[swati23]

Hi trader_man,

If I remember correctly, he said 20-30k not 80k. Coming back to your doubt, even I had the same question....to which he said keep booking small profits till you get a hang of things. I guess only he can give a detailed answer to your questions. But, I could easily relate to him when he said he finds it difficult to explain to us why he did something.

eg: Someone yesterday compared price action trading to driving cars in Mumbai. I guess he is right. Yesterday, in a post SG said he has been trading since 2004. Atleast I cant expect to do all the things he can do with his 6 years of experience compared to my very short experience of stock markets. At the moment, I'm quite happy to get even small amount of profits.

PS: Why is this site running at snail's pace?

But Swati, here is the point I am confused about:

Mr SG gives targets that fetch return in excess of 30-40 rupees. Many of these are Price Action related. So, exiting right after the spurt doesn't make sense to me since that would only mean a few rupees profit. That is very difficult for retail traders to quickly execute and also make money...and certainly it is not possible to make 80K with 2L ledger doing that..

 

[SavantGarde]

Young Lady Swati,

You executed the trade perfectly.... Congratulations..!!!

Professional traders employed by brokers would have been happy to exit with 15-20 paise... I am not exaggerating... Imagine if CIL was traded in futures with a lot size of 500-1000... think about the profit....

You will need to use this spurt to exit... for a while..thereafter lot more things will fall in place... whether the momentary small downside after Spurt is just a rest for even a bigger up move...is all you will be able to discover for yourself in due course....

You are correct in pointing out it was 20-30k mentioned..by me... Please give the recipe for a good memory retention... before 20-30k becomes 120-130k... considering it has already been blown to 80K...by the dreamers

SavantGarde

Hi trader_man,

If I remember correctly, he said 20-30k not 80k. Coming back to your doubt, even I had the same question....to which he said keep booking small profits till you get a hang of things. I guess only he can give a detailed answer to your questions. But, I could easily relate to him when he said he finds it difficult to explain to us why he did something.

eg: Someone yesterday compared price action trading to driving cars in Mumbai. I guess he is right. Yesterday, in a post SG said he has been trading since 2004. Atleast I cant expect to do all the things he can do with his 6 years of experience compared to my very short experience of stock markets. At the moment, I'm quite happy to get even small amount of profits.

PS: Why is this site running at snail's pace?

 

[rajeabc]

.......he said 20-30k not 80k. .....

He made 80*** yesterday....

......Yesterday, in a post SG said he has been trading since 2004.

Atleast I cant expect to do all the things he can do with his 6 years of experience compared to my very short experience of stock markets.


At the moment, I'm quite happy to get even small amount of profits.

Swati ,
Most Important thing is to survive for 6 years in the market . If one start loosing then you can understand what will happen...Your strategy to take small profit off the table is a good strategy until you are comfortable to play big game..

Did you notice his calls today ,Nifty , TATA STEEL , IFCI... they just bounced from the price Savant sir had mentioned....

good luck

Good luck and

 

[SavantGarde]

....other day made was 86xxx ...

...20-30K can be made quite easily on a daily basis with 2-3L is what was mentioned earlier....

SavantGarde

He made 80*** yesterday....

 

[sagarkapoor]

....other day made was 86xxx ...

...20-30K can be made quite easily on a daily basis with 2-3L is what was mentioned earlier....

SavantGarde

Savant,
No matter what the method i'm completely amazed at your levels. NF 5998 was bang on the buck.

 

[swati23]

Thats what I'm trying to say. Few days back I saw he sold something like 150 SBI lots in the screenshot he gave.(I'll leave the calculations to you) Now if I go running after 80k with my not so great experience, Im sure one wrong trade will wipe out my account.

Again as I said earlier, I dont expect myself to execute those kind of accurate calls....even if he gives me a "how to" book on his trading style. Till the time I don't experience the market movements myself, I'm not going after even 20k.

He made 80*** yesterday....

Swati ,
Most Important thing is to survive for 6 years in the market . If one start loosing then you can understand what will happen...Your strategy to take small profit off the table is a good strategy until you are comfortable to play big game..

Did you notice his calls today ,Nifty , TATA STEEL , IFCI... they just bounced from the price Savant sir had mentioned....

good luck

Good luck and