Best way of day trading - 2652 theory of trading

Discussion in 'Day Trading' started by dhiraj11378, Dec 1, 2008.

Thread Status:
Not open for further replies.
  1. dhiraj11378

    dhiraj11378 Well-Known Member

    Joined:
    Oct 29, 2008
    Messages:
    148
    Likes Received:
    299
    Trophy Points:
    63
    Location:
    GOA
    pravin am trading in real with this
    i belive that trading is just like gambling
    u just first papaer trade and see then only u can start with actual trading
    but do consider in stocks that have high volume
    keep asking any queries on on this , i will be happy to answer at any time
     
  2. dhiraj11378

    dhiraj11378 Well-Known Member

    Joined:
    Oct 29, 2008
    Messages:
    148
    Likes Received:
    299
    Trophy Points:
    63
    Location:
    GOA
    the values are the fraction used to multipy with previous days range to get three values of next days range .
    if its break out then u must catch the small change it tends to do with a breakout from the values
    just paper trade first and then see
    start with a small amount for a particular stock so that u can double the value if profit is not struck in a single stroke
     
    pujji likes this.
  3. bandlab2

    bandlab2 Well-Known Member

    Joined:
    Jan 15, 2007
    Messages:
    910
    Likes Received:
    642
    Trophy Points:
    93
    dheeraj, thanks for the method. looks interesting, will follow this method. meanwhile one small request, can use paragraghs and space line between paras, so that its easy to read. just a suggestion. also if you can post today's trades by evening, it will really help nderstan the method better

    good luck
     
  4. rkkarnani

    rkkarnani Well-Known Member

    Joined:
    Sep 10, 2004
    Messages:
    4,580
    Likes Received:
    4,439
    Trophy Points:
    113
    Really an excellent gesture to share a working method!!! Only a few people do it, though its an ongoing practise on this Forum.
    Thanks Dhiraj. Will post my queries if any on your 'system?
    The factors :
    0.433
    0.7666
    1.355
    Are these constant for all Stocks/Futures and valid for all time frames?
     
  5. srichakra

    srichakra Member

    Joined:
    Dec 3, 2008
    Messages:
    98
    Likes Received:
    32
    Trophy Points:
    18
    Location:
    chennai
    Excellent of you to share this. It would really help in all of us understanding it better,if you could post the calcualtions for todays trade with the detailed workings.
    1. Does this .433, .766 and 1.35 work for all the stocks and can this be used for Nifty Futures as well.
    2. In your orginal post,you had mentioned 36,63 and 92 as filters. are those numbers not relavant when compared to the ratios now being mentioned.

    Sri
     
  6. pkamalesh

    pkamalesh Well-Known Member

    Joined:
    Jul 27, 2008
    Messages:
    1,423
    Likes Received:
    1,122
    Trophy Points:
    113
    Location:
    Mumbai/Secunderabad
    Dhiraj...a very interesting system to trade in stocks...will try out for sure..thanks buddy...
     

  7. santhosh44

    santhosh44 Active Member

    Joined:
    Feb 7, 2008
    Messages:
    222
    Likes Received:
    102
    Trophy Points:
    43
    Dhiraj, I too have the same question. Will these 3 values remain the same for ALL the stocks? Please reply. Also could you tell, how you've arrived at these constant values?

    Thanks a lot for the strategy.
     
  8. dhiraj11378

    dhiraj11378 Well-Known Member

    Joined:
    Oct 29, 2008
    Messages:
    148
    Likes Received:
    299
    Trophy Points:
    63
    Location:
    GOA
    some replies to the querries
    i personally do not use this method in fututres .So i would suggest u all to use only in cash .
    the time 10.15 is important u can start from there and by execution of some oerders suppose its 10.45 around then also u can put ur some last orders , but beyond that i suggest that u must not .
    if u have a profit using first value then do not trade back in that pariticular stock
    money management is important if u have a loss , then suppos u double ur amount then u must increase ur profit margin slightly . that depends on u ,to make up the losses.
    do not ask of constant values .these are as per my studies and what i think
    if profitable for u can use these or u can shift to ur own values .
    if u have a loss on a particular day use the values for the next days not the previous days values.
    any body paper tradng it or actually trading it .
    do write more on this
    dhiraj
     
  9. dhiraj11378

    dhiraj11378 Well-Known Member

    Joined:
    Oct 29, 2008
    Messages:
    148
    Likes Received:
    299
    Trophy Points:
    63
    Location:
    GOA
    important thing use this only in NSE CASH
     
  10. srichakra

    srichakra Member

    Joined:
    Dec 3, 2008
    Messages:
    98
    Likes Received:
    32
    Trophy Points:
    18
    Location:
    chennai
    Dhiraj,

    It seems to be a good strategy. Would you mind explaining the ratios and what is the reasoning behind the .4333/.7666/1.35 etc......
    Let us know, if you have reservations.

    Thanks,

    Srini
     
Thread Status:
Not open for further replies.

Share This Page