Learn How To Fish

[StarLight]

TS 23/10/18 trades
View attachment 29825

So after scratching 50 percent on seeing rejection . Did you took half of remaining postition ie other 25 percent off at your 2 point target . ? Position went below your T1( 2 points)

 

[vivek.civil17]

So after scratching 50 percent on seeing rejection . Did you took half of remaining postition ie other 25 percent off at your 2 point target . ? Position went below your T1( 2 points)

i carry my position fr my TSL , i didnt cover further at fixed targets .

 

[jamit_05]

Is the Black Line ERL?
Does Trend Change to UT above green line?

 

[jamit_05]

Hourly Chart of Nifty.
Could someone jot out the Pivots pls.
I have tried, not sure whether its correct.
Black dots are mPL and Reds are VPL

 

[VJAY]

View attachment 29837

Is the Black Line ERL?
Does Trend Change to UT above green line?

Dear amit,
Yes its erl...but we draw erl on body pivot low here....and I not intrupt pvt abv erl break as ut starts....i interupt as DT in question...

 

[VJAY]

Hourly Chart of Nifty.
Could someone jot out the Pivots pls.
I have tried, not sure whether its correct.
Black dots are mPL and Reds are VPL

View attachment 29840

Looks correct amit bhai

 

[VJAY]

Good post by xray bro about swing trading.....

Swing trading and positional trading difficulties

Many experienced and also new traders,wanna trade swing,benefits of it is it can catch large moves ,but will eat the accounts with large counter gaps many traders blown there account in this process,rather then countering it, people always cry on market manipulations,i'm not an exception 2 years back i was also afraid of positional trading,now trading it from past 2 years swing/positional without fear with scaling of qty.just giving the points on which i have build my system.

1. Design a system with Higher time frame for trend and entry should be lower time frame.

2. SL should be at half of SL of HTF..suppose if SL in HTF is 150 pts..LTF should be 50 % of that.

3. Black swan events or erratic gaps can be spotted with VIX

4. Back test the system in difficult years watching the VIX,check the equity curve

5. With a properly developed systematic trading strategy, real-time trading performance should conform in general to that of the statistical
profile of performance.

 

[jamit_05]

Good post by xray bro about swing trading.....

Swing trading and positional trading difficulties

Many experienced and also new traders,wanna trade swing,benefits of it is it can catch large moves ,but will eat the accounts with large counter gaps many traders blown there account in this process,rather then countering it, people always cry on market manipulations,i'm not an exception 2 years back i was also afraid of positional trading,now trading it from past 2 years swing/positional without fear with scaling of qty.just giving the points on which i have build my system.

1. Design a system with Higher time frame for trend and entry should be lower time frame.

2. SL should be at half of SL of HTF..suppose if SL in HTF is 150 pts..LTF should be 50 % of that.

3. Black swan events or erratic gaps can be spotted with VIX

4. Back test the system in difficult years watching the VIX,check the equity curve

5. With a properly developed systematic trading strategy, real-time trading performance should conform in general to that of the statistical
profile of performance.

Tweaking won't make a profitable system.

Trading the system, bearing the DD and finally being fully present during the big move, only will make one successful. Tweaking will not. imho.

 

[PreSap]

23-Oct-2018 Tata Steel Futures Trade

 

[PreSap]

23-Oct-2018
Tata Motors Futures Trade