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| Discuss This works for me - Seniors please advice if I am right at the Day Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi to all, this is my first thread in this forum. I am not a ... |
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#1
18th September 2008, 10:33 PM
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This works for me - Seniors please advice if I am right
Hi to all, this is my first thread in this forum. I am not a full fledge trader, but recently started trading and am doing good thanks to this forum and the seniors advice which are posted in the forum.
I have made an excel sheet which I use when I am trading, as the money which I invest is less, so the profit also is not much as what you people make. Please advice do I need to change something in my excel sheet or should I continue using the same, as I have no problem using the same one and its really helping me a lot. Only the stop loss trigger I dont use it when I tracking the ticker. Seniors please advice and/or if you have any similiar excel sheet please upload the same. Thanks rajendrani 
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| The Following 2 Users Say Thank You to rajendrani For This Useful Post: | ||
dbgrtest (8th November 2008), ravichandrancr (22nd September 2008) | ||
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#2
18th September 2008, 11:35 PM
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Re: This works for me - Seniors please advice if I am right
Try this.... when Any stock Breach Hourly High or Low then take position in same direction and trget 1% Excluding brokerag.... also keep stop loss of 1% or Low/ High of the day....try to do this with first High/Low......it is more of a scalping..once get expert try to increase the Quantity size......must have Previous day High, Low and close Levels.
The more time stock take to breach Day high/ Low .. far it will go in same direction.. Todays Example.... Reliance..once 1825 was taken out..it filled the Gap of 1848..and then no stop.. Chintan
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| The Following 3 Users Say Thank You to chintan786 For This Useful Post: | ||
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#3
19th September 2008, 06:37 AM
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Re: This works for me - Seniors please advice if I am right
Quote:
Congratulations on your new system. Work with what works for you. Be confident without greed or fear. You will have success only. Wish you all the best. I am no expert to comment on your method. Wait for seniors to pitch in and opimionate. vps
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#4
19th September 2008, 10:27 AM
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Re: This works for me - Seniors please advice if I am right
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#5
19th September 2008, 12:15 PM
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Re: This works for me - Seniors please advice if I am right
I don't think that peoples can earn money with day trading.For e.g First 1-3 days you will book profit and thereafter one day you will book big loss. It is not advisable to do day trading at all.
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#6
19th September 2008, 01:05 PM
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Re: This works for me - Seniors please advice if I am right
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If you know the concepts of day trading you should day trade FUTURES- NIFTY and STOCKS. I have seen(live) people making more than 60K to 1 lac a day continuously for 10days. The system is taught in this forum and many like me are learning it. vps
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#7
19th September 2008, 01:58 PM
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Re: This works for me - Seniors please advice if I am right
Just See Reliance Today .... after breaching 2010... straight hit the target of 2030...
Cheers Chintan
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#8
19th September 2008, 03:38 PM
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Re: This works for me - Seniors please advice if I am right
Quote:
So, I am not giving up and I am also not getting carried away with my profits. Today I made Rs. 600.00 in intraday, I am happy with that. I know its very less, but I am still happy with my small share of profit because my leger balance is only 3500.00
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#9
19th September 2008, 03:39 PM
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Re: This works for me - Seniors please advice if I am right
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#10
19th September 2008, 04:03 PM
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Re: This works for me - Seniors please advice if I am right
Quote:
vps
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| The Following User Says Thank You to vpsarathy For This Useful Post: | ||
fast_rizwaan (19th September 2008) | ||
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