Stocks To Keep A Close Eye On

[SavantGarde]

Arey mara Double Paplu,

How will you see price action... market is closed and cows are asleep....only Dow is awake....

SavantGarde

Savantji,
I can understand Bid & Ask,
In Anand & Yes in ANAND
What what about Price Action?
where it is?

 

[PGDIMES]

Dear SG,

Today like everyone else who has followed this thread, I also tried my hands in Price Action... But might have chosen the wrong scrip - Nifty Futures (as you are advising to trade in smaller scrips)... Moreover as you know I'm so biased about levels while taking a trade... Could have taken trades at the levels mentioned by you... But thought of taking trades only when Nifty was above 6000... Found 0.1 spread at 6015 but the spurt was only upto 6018 after which NF went down near 5995 and ultimately I squared off @ 6005 as I had to leave for some reason... I'm not worried as my first trade with PA turned out to be a loser, but I would like to know what you would have done differently if you were in my situation (leave aside the fact that I had to leave)...

Moreover I also found that you leave the trading terminal quite often when your trades are on. I hope you do not keep any stop-loss for all the trades at that time. So what if some catastrophic event happens by that time! What is the recipe for disaster management? What if all the trades are adversely affected but the degrees are different?

 

[MindlessTrader]

Savantji,
You haven't commented on my tarde done today!
I'm missing something.

PP...mistake che.....what about nursery forms..

 

[VaibhavPRO]

Hello every1

Was in College today missed all the action ... Want to make a correction..

Rishi ji.. when SG sir gave sell call on HH yesterday the price was 1981 not 1968 and it fell to 1928 in mins:clap:

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..

SG sir

I m eagerly w8ing for ur LONG POST on PA... I m really very interested in it.. I actually have been trying to do these kind of trades for quite sometime now.. heard about this style of trading from one of my Frnds relative... He used to say " trading is 90% psychology , u just need to know what people are doing in the market and u just need to milk it" . He also used to watch Prices only(not sure whether he did samething as u do sir)... Following ur thread has really ignited the fire to learn this style.. will continue to practice and learn untill i hit the EUREKA movement...

Hope no one got bored!!

Vaibhav

 

[shinchan]

SG.

Here is a deal. You disclose how you predict the target price.
and I will show you why a price action trader needs a chart.

Shinchan,

Why the necessity for the chart to know the Price...simple Bid & Ask in the watchlist should be sufficient

My point is if one is using 'chart' it is not Price Action


SavantGarde

 

[SavantGarde]

Never traded NF with price action... just overall view of the market... and then decide where to take the trade...

Yesss...Not only leave the terminal... even go to sleep...and wake up after the market has closed... No Stop Loss.... atleast for the way I trade.... if disaster strikes... and I am still alive... then Disaster Management will kick in... in next few trading sessions.... sometimes in the same session....irrespective of the quantum of loss incurred... difficult to explain... you are asking something... that would come in much much later... after having understood & practised simple PA.

SavantGarde

Dear SG,

Today like everyone else who has followed this thread, I also tried my hands in Price Action... But might have chosen the wrong scrip - Nifty Futures (as you are advising to trade in smaller scrips)... Moreover as you know I'm so biased about levels while taking a trade... Could have taken trades at the levels mentioned by you... But thought of taking trades only when Nifty was above 6000... Found 0.1 spread at 6015 but the spurt was only upto 6018 after which NF went down near 5995 and ultimately I squared off @ 6005 as I had to leave for some reason... I'm not worried as my first trade with PA turned out to be a loser, but I would like to know what you would have done differently if you were in my situation (leave aside the fact that I had to leave)...

Moreover I also found that you leave the trading terminal quite often when your trades are on. I hope you do not keep any stop-loss for all the trades at that time. So what if some catastrophic event happens by that time! What is the recipe for disaster management? What if all the trades are adversely affected but the degrees are different?

 

[Prashant Patel]

Saala some vin2044 is promoting his brokerage firm in every other thread!:annoyed:

Then KICK his ***!

 

[SavantGarde]

That also PP made a mistake....he went to plant nursery... su bolu double paplu ney.....

SavantGarde

PP...mistake che.....what about nursery forms..

 

[Prashant Patel]

PP...mistake che.....what about nursery forms..

I told Savantji,
Bought 2 forms, 1 for my self and other for them.
Do you want me to bring one more form for YOU!

 

[SavantGarde]

Frankly, Shinchan

even I don't know how I find targets... but I don't think it is very accurate... all these questions on PA I have got very disoriented...it is almost like cat got my tongue....I don't know how to explain....Yesss... it's a challenge I will have to overcome....but totally clueless....at the moment

SavantGarde

SG.

Here is a deal. You disclose how you predict the target price.
and I will show you why a price action trader needs a chart.