Trading according to Karthiks strategy..

[rangarajan]

Thanks Gurmy.
I was tracking ADANI cash. ATP was 247.68. Short was initiated at 245.85, but it hit SL at 247.90

ak,
Did u Not make profit in Adani today?

If Not,u have to over come Fear & Greed in trading.
Trade in cash in Small qty say Five shares to get the feel & understand thoroughly..

karnaniji's question is very relevent reg whether it was the only trade.

 

[gurmy.]

Okay, NEAT terminal I just checked shows high of 10:45 at 250.90

Anyways, forget this trade, are you using any filter??? If yes how much?
You had mentioned "Filter" in your post hence this query?

there is no hard and fast rule foe filter,for adani i use 10-15 paisa
if stock price is>500,i will make it 25-30paisa,thats all

thanks

 

[akrsrivastava]

Please give time of trade with OHLC of the bars in question. Was this the only trade in Adani Cash?

Shorts were triggered by 9:45 candle which closed below ATP with a low at 245.85 and high at 247.9. Short trade was initiated at 245.85, but SL(247.9) was hit by the 10:30 candle. I reversed the trade with double quantity when SL was hit and was able to make 1/-.
Fresh shorts were triggered by 11:00 candle, but I could not take the trade as was away from my laptop.

ak,
Did u Not make profit in Adani today?

If Not,u have to over come Fear & Greed in trading.
Trade in cash in Small qty say Five shares to get the feel & understand thoroughly..

karnaniji's question is very relevent reg whether it was the only trade.

Agreed. I am trading in cash only with around 300-400 shares.

Thanks.

 

[rangarajan]

As already posted by me this Thread & Strategy attracted More than a lakh of visitors in a Very Short Time,Less than Two months.

Perhaps Traderji may like to extend his compliments on behalf of all the members to Karthik for his fine work as a token of Appreciation.

Of course the no of views itself is an appreciation to him.:clapping:

Look forward to more from Karthik in this wonderful Forum.

 

[anup]

Watching Silently from Sidelines... Feels sorry about me bcoz i cant trade this method

But well done karthik, Amazing method.. Thanks for the extended support of RR,Gurmy, and recently joined RK and AKr....

Sorry if i missed any other name please forgive...

Thanks to all and thanks to Traderji for providing a platform to learn and earn

 

[karthik_sri]

As already posted by me this Thread & Strategy attracted More than a lakh of visitors in a Very Short Time,Less than Two months.

Perhaps Traderji may like to extend his compliments on behalf of all the members to Karthik for his fine work as a token of Appreciation.

Of course the no of views itself is an appreciation to him.:clapping:

Look forward to more from Karthik in this wonderful Forum.

I will feel (and am feeling) more happy when this strategy gives decent profit to the one who is using this. When I see members say/comment profit made by this strategy that itself is an appreciation for me...

RRji thanks for your kind words and your pat asusual!

 

[asnavale]

Watching Silently from Sidelines... Feels sorry about me bcoz i cant trade this method

But well done karthik, Amazing method.. Thanks for the extended support of RR,Gurmy, and recently joined RK and AKr....

Sorry if i missed any other name please forgive...

Thanks to all and thanks to Traderji for providing a platform to learn and earn

*************

I too have the same problem. Can not trade during market hours due to office timings. Just watching others using the strategy successfully and the healthy and useful discussions. Helps in learning from others' experience.

-Anant

 

[bapan123]

sir,
i want to clear my last doubt.
if next candle of atp touching candle not able to break the high/low of the atp touching candle(depending on close of atp touching candle) then buy/short signal still remain valid?
thanks in advance.
regards
bapan

 

[rkkarnani]

sir,
i want to clear my last doubt.
if next candle of atp touching candle not able to break the high/low of the atp touching candle(depending on close of atp touching candle) then buy/short signal still remain valid?
thanks in advance.
regards
bapan

Signal is valid till a candle touches the ATP again!

 

[Xitij]

Astounding thing this strategy ! Already entered and exited Adani futures with 1.70 paise in pocket!
Short below 9:20 bar abd exit with profit by 9:30
Thanx Karthik, RR, rkk for the levels.
A request again : Would be happy to see levels of most promising stocks posted here on the thread EOD !