Trading according to Karthiks strategy..

Does ATP method is prfitable for your trade?

  • Yes

    Votes: 13 40.6%
  • No

    Votes: 3 9.4%
  • Not all the time

    Votes: 16 50.0%

  • Total voters
    32
  • Poll closed .

Xitij

Active Member
rkkarnani, I went long as per your message in Adani fut at 225.8 with Tgt 226.65. But the price go only to 226.30 ! You asked to short at 224.90 that meant a 90 paise loss !
I did exit at 224.90 but did not go short at 224.80 :(
Now the price is 222.75 , could have covered my loss and made profit too but as ATP was far far away I could not trade. Is it possible to reply my earlier query and also detail why these positions were taken... that will help in trading more confidently...actually hv started reading a bit on technicals! :p
 
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gkpc

Well-Known Member
"Import" it into Metastock 8 or above through Indicator bulider !

Metastock>Indicator builder>Organiser>Import
Could you Import it in MS? Please share your observation in adani and other stocks for help to others.
 
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Xitij

Active Member
for break even go long above 224.30 and exit on covering your losses, do not look for extracting the brokerage etc. Should give you back 90 paise !
this was fantastic gkpc, I entered a bit late and with hesitation at 224.55 and exited at 225.8 thus covering loss and also brokerage etc. thanx from my heart gkpc! You are in jaipur I am told, I am in Nagaur, can we meet? I am in touch with rh6996 also frm Jaipur !
Adanient does a high of 228.55 :) Could have made BIG profit but anyway did not loose is something good!
Thanks again.
Is it possible why you gave this long call, based on what, am trying to learn.
Have got a Metastock link from someone on Net and trying to install it !
 

gkpc

Well-Known Member
this was fantastic gkpc, I entered a bit late and with hesitation at 224.55 and exited at 225.8 thus covering loss and also brokerage etc. thanx from my heart gkpc! You are in jaipur I am told, I am in Nagaur, can we meet? I am in touch with rh6996 also frm Jaipur !
Adanient does a high of 228.55 :) Could have made BIG profit but anyway did not loose is something good!
Thanks again.
Is it possible why you gave this long call, based on what, am trying to learn.
Have got a Metastock link from someone on Net and trying to install it !
Not much idea about why these levels, were sent to me by rkk sir ! He had specifically asked me to "paper trade" with them. He said that in the past all such moves gave atleast 80 paise ! But these are risky trades 2 out of 9 times as seen in the past 12 months but with proper SL one can successfully do it ! As in first move today, it gave only 50 paise move and it was lucky to have got a reversal so soon at 224.95 ! Generally such small moves whips. rkk sir said that he tried to use it in SBI on 14th and 15th and was whipped black and blue by the trades. He had checked it historical charts and religeously traded all trades in SBI on both days and was beaten to pulp as he put it ! :D
So be careful while trading these levels and do it with strict SL and tgts too !

Latest call in adanient is Sell below 226.95
 

Xitij

Active Member
Not much idea about why these levels, were sent to me by rkk sir ! He had specifically asked me to "paper trade" with them. He said that in the past all such moves gave atleast 80 paise ! But these are risky trades 2 out of 9 times as seen in the past 12 months but with proper SL one can successfully do it ! As in first move today, it gave only 50 paise move and it was lucky to have got a reversal so soon at 224.95 ! Generally such small moves whips. rkk sir said that he tried to use it in SBI on 14th and 15th and was whipped black and blue by the trades. He had checked it historical charts and religeously traded all trades in SBI on both days and was beaten to pulp as he put it ! :D
So be careful while trading these levels and do it with strict SL and tgts too !

Latest call in adanient is Sell below 226.95
gkpc, Thank you for detailed reply. rkkarnani had also told me to paper trade or if atll trade to trade small qty in cash segment following the Futures rate as he does not hace acess to Cash charts. I traded futures frankly becoz had some profit in hand and as SL rkk had said was a bit adverse :Re.1.15 with target at 80 paise only but he said as the success failure ratio was very much in favour of success one could trade it if he can take some rick with the strickest SL and guts to reverse without hesitation. I traded and did not have the guts to reverse ! :p and paid the price for it though your subsequent post save my day ! :clapping:
226.95 not broken yet ! Seems a good level to buy with strict stop loss ! :D !
 
rkkarnani, I went long as per your message in Adani fut at 225.8 with Tgt 226.65. But the price go only to 226.30 ! You asked to short at 224.90 that meant a 90 paise loss !
I did exit at 224.90 but did not go short at 224.80 :(
Now the price is 222.75 , could have covered my loss and made profit too but as ATP was far far away I could not trade. Is it possible to reply my earlier query and also detail why these positions were taken... that will help in trading more confidently...actually hv started reading a bit on technicals! :p
dude are you talking abt adanient for today?
 

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