Intraday trading

[Newbie Day-Trader]

Nice pick. It looks like there has been a good move on BNF & it might even continue further.

 

[southpaw]

 

[timepass]

That BNF - that is 10 lots for a 10 points profit each ?? What's your cost of trade ?

 

[cinderblock]

That BNF - that is 10 lots for a 10 points profit each ?? What's your cost of trade ?

Even if brokerage is zero, can't be less than 4 points

Well, still in some profit anyway.

 

[Vk123]

Nice pick. It looks like there has been a good move on BNF & it might even continue further.

Hii how's trading with fyers Web going on and do you trade regularly with them.

 

[Newbie Day-Trader]

Another good day for you! I also lost some in Ibulhsgfin but was fortunate enough to make it back & more.

Hii how's trading with fyers Web going on and do you trade regularly with them.

I've not yet started my regular trading on Fyers Web, except for a few test-trades worth a couple of shares (& as you might be able to gather, all my screenshots are from Nest) since for some reason, their charts/candles don't update real-time at my end (they seem to update only once a minute ), so it'd be somewhat difficult to trade 1m charts like that but still, I've been considering taking a risk & see how it goes for at least one day. Moreover, based on what I've pointed out in the Fyers thread a couple of days ago, I'm not sure if I can trust the candles on Fyers Web (in my experience, I've found that TSO's Nest is usually better at showing momentary spikes/wicks while Fyers Web as well as Kite don't always seem to be able to capture such volatile periods very well). I think if Fyers Web was made to be very reliable & bug-free then I wouldn't mind trading with them since I think their chart-trading, DOM & other features could be very useful for me.

 

[athma_shakti]

good catch bnf.
these day iam focusing only on equity cash and planning to discard index futures.
i think the way we trade in equities we don't need to trade index futures, unless you get bored

 

[timepass]

(in my experience, I've found that TSO's Nest is usually better at showing momentary spikes/wicks while Fyers Web as well as Kite don't always seem to be able to capture such volatile periods very well).

Do you use the charts in TSO's Nest ?

They seem to stop updating properly after a disconnection. One has to log out and re-login.

 

[Newbie Day-Trader]

Do you use the charts in TSO's Nest ?

They seem to stop updating properly after a disconnection. One has to log out and re-login.

Yes, I do use them but obviously, I don't take trades based solely on Nest-charts; I use MT4 for analysis & then switch to Nest for order-placement, & once I'm there, often it's easier to just look at the candles to the left while wanting to place orders simultaneously & QUICKLY rather than constantly switching windows while trading 1m charts; so, I enter based on MT4 charts, & often end up placing SL & TP while looking at Nest-charts since it's more convenient. You mean like there's a big gap or that weird thing that I talked about a few days ago on TSO's thread? Yes, both can happen but that's why I also stay logged into Kite as well.

 

[timepass]

You mean like there's a big gap or that weird thing that I talked about a few days ago on TSO's thread? Yes, both can happen but that's why I also stay logged into Kite as well.

I don't remember what you wrote in TSO's thread but what happens on my terminal is that, after a disconnection, new candles are not formed.

If there was a disconnection at, say, 11:10am and reconnection at 11:11am, then the last candle on the chart shows 11:10 am only. Any price movements there on are in that one candle only.