Intraday secret

hmp

Well-Known Member
#21
Hi Ping_manoj
Ur Trading Style Seems Interesting. I Would Like To Know What Risk/reward Ratio U Keep. By Keeping Stoploss At .38% U Must Be Hitting S.l. Quite Freqently.so What Is Ur Money Management Strategy?
Regards
Hmp.
 
#24
I agree. I have been using pivot points for my intraday trades and making good sense to me. Made quite some money by using them.
The only caution though is not to be greedy. I take a 0.38% SL from my purchase price and if the stock hits the SL i move out of the trade. Though sometimes greed takes over too, but that is subject to individual way of trading. Incase one need pivot point prices, for all NSE scrip’s, you can refer to twonahalf.com. On the candlestick chart, on the bottom right corner you can find a green table. This table lists the R1, R2, S1 and S2 for any scrip that is selected.

Regards

Manoj T
Hello Umakaruna, manoj... and many other
would you plz explain more regarding pivot point calculation? what is it??? is it something like calculator?? what is R1,R2, S1, S2 ??
Sounds very intrestiong.
Thanking you
 

Raju

Well-Known Member
#27
Hi, bfumakiya

I have mailed u a copy of the "
Day Trading , Using High Probability Support and Resistance"(18 pages).

Raju,