New intraday strategy- both buy and sell for sure profit

[Serious_Trader]

Try using 2 separate Trading Accounts , with the same of different brokers. That would be fine. One for going long and another for shorting..

I already says its possible playing hubby/wife.......

 

[manishchan]

I already says its possible playing hubby/wife.......

So are you telling that unmarried people can not trade this strategy ? :lol:

 

[SaravananKS]

I totally agree that it is Sure Profit Intraday Strategy for Broker

 

[kiran_thiru]

So are you telling that unmarried people can not trade this strategy ? :lol:

then manish bhai try you & your loved one. :lol::lol::lol:

 

[Serious_Trader]

So are you telling that unmarried people can not trade this strategy ? :lol:

Manish bhau....wife k sath sasur v maal dar hona chahiye because bill (brokerage) kaun barega???? :lol:

 

[dineshknp]

i have account with zerodha, i am using similar startegy using bo orders. but problem with bo orders is that we can not use sl order, only market and limit orders are available. At current price you can buy and sell with bo orders. Benefit is that you will mention sl and target while placing the order second benefit is you get more margin with bo trades because risk of trade is fixed while placing the order. problem is while placing the order price should not move strongly. Perhaps testing with only 1qty buy and sell in auropharma. placing tgt of 20 points and sl of 30 points. view is that after moving by 20 points in either direction price will retrace. if price trends in one direction will hit sl of other leg and will have loss of 10 points. idea is some day we will have loss of 10 points some day profit of 20 points and some day 10 points some day we can get 40 points also. have to check average out put. if some one has better strategy is welcome.

 

[PUCHU_2500]

This strategy is a peculiar one......see his another strategy......

http://www.traderji.com/day-trading/98562-simple-intraday-profitable-strategy-works.html

 

[Rish]

This strategy is a peculiar one......see his another strategy......

http://www.traderji.com/day-trading/98562-simple-intraday-profitable-strategy-works.html

He is not clear on his views...not able to explain and not back tested methods...

Emotionally he is opening threads and hanging .....

 

[nirav_j]

its possible to have a buy and a sell order at the same time with Cover Orders ..

I've used it a few times on Crude Oil. depending on the situation, you may have to pay 1 point bid-ask as CO executes @ MKT ...

This type of order punching is useful at times, when you expect violent moves in any direction pre event .. but the risk of both SL getting triggered also remains ...

@ the original poster, you can explore SL orders to enter your trades in equity. Place a sell SL order 0.6 % below the high and a but SL order 0.6 % above the high as per your strategy..
break out or break down, your order gets filled in that direction. and saves you the hit you take on one SL hit of your strategy ..

 

[suri112000]

Yes................his mind is springing up lot of ideas. But he is not able to conclude logically before making it open in here.

It is the state where every trader has been at some time. Let him realize that his method should be crystal clear making room for no doubts.

It is a sign that he is on the right path but many here are far......far forward to him. He needs to speed up his learning to match the best of this forum and it involves lot of hard work and time spending.

Here is the flow he should follow :-

1. Idea
2. Tradable or not in real world. (Because most of the ideas are not fit).
3. Backtest the idea with a set of rules.
4. Ascertaining Profitability of the system.
5. Paper trading into future.
6. Finally, confirm the rules.