Easy trading with Charts

toughard

Well-Known Member
#24
Don't you think your entries are delayed in the context of day trading?
 
#25
Don't you think your entries are delayed in the context of day trading?
Hi,

Yes they are delayed. More over I am on 15 minute chart which gives me a slow but easy moment. My main trading area is support and resistance that goes from intra day movement to previous day because the area which i prefer is between these lines of support and resistance which you can see in the charts is the trading method used. Main reason is I need to cut down losses. Fast moment and catching bigger moment has its own fun and reward but a slow trader like me has a different approach. The reason behind this is profit is small but yes it helps me to stay in Green most of the time and by the end of the month i have something pretty decent in my balance sheet. I had to change my viewpoint to present one because of some misadventures i had in the past while trading. I learnt a very hard lesson but it was too late to correct so took a slow and a easy approach. I don't trade if am not comfortable with the trend, For me waiting for the trade matters but yes there are traders who wait and make big and there are fast traders who do amazing trades but again its all about what makes you comfortable.

One good trader told me Market repeats itself again and again so why in a hurry:)

This type of approach had cut down my risk by 80%. Who knows what market will teach us in future so till some new lessons are learnt need to keep the numbers green:thumb:
 

toughard

Well-Known Member
#27
Hi,

Yes they are delayed. More over I am on 15 minute chart which gives me a slow but easy moment. My main trading area is support and resistance that goes from intra day movement to previous day because the area which i prefer is between these lines of support and resistance which you can see in the charts is the trading method used. Main reason is I need to cut down losses. Fast moment and catching bigger moment has its own fun and reward but a slow trader like me has a different approach. The reason behind this is profit is small but yes it helps me to stay in Green most of the time and by the end of the month i have something pretty decent in my balance sheet. I had to change my viewpoint to present one because of some misadventures i had in the past while trading. I learnt a very hard lesson but it was too late to correct so took a slow and a easy approach. I don't trade if am not comfortable with the trend, For me waiting for the trade matters but yes there are traders who wait and make big and there are fast traders who do amazing trades but again its all about what makes you comfortable.

One good trader told me Market repeats itself again and again so why in a hurry:)

This type of approach had cut down my risk by 80%. Who knows what market will teach us in future so till some new lessons are learnt need to keep the numbers green:thumb:
Please do activate your PM...
 

toughard

Well-Known Member
#29

PM is only enabled for actively participating members after a month. Traderji Post

thats fine, I think there are many other even more simpler ways to achieve the same that you have been achieving...
please see the some of the last day charts in 3min of your selected stocks which have simple but very effective momentum bars as signal...


http://s9.postimg.org/qmtixqkpb/DLF.png

http://s8.postimg.org/s9jdo11t1/HDIL.png

http://s27.postimg.org/mt73dwb8z/ICICI.png

http://s9.postimg.org/dqg6vaszz/M_M.png

http://s28.postimg.org/6028e5pwd/nifty.png
 

toughard

Well-Known Member
#30

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