# Best way of day trading - 2652 theory of trading

 Discuss Best way of day trading - 2652 theory of trading at the Day Trading within the Traderji.com; Nifty Covered @ 2888.05 Thanks, V.V....

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#1341
16th February 2009, 10:18 AM
 Member Join Date: Oct 2008 Location: Tamilnadu Posts: 153 Thanks: 45 Thanked 86 Times in 46 Posts
Re: Best way of day trading - 2652 theory of trading

Nifty Covered @ 2888.05

Thanks,
V.V.
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#1342
16th February 2009, 10:20 AM
 Member Join Date: Jul 2007 Posts: 235 Thanks: 480 Thanked 52 Times in 38 Posts
Re: Best way of day trading - 2652 theory of trading

Sunil Thanks for that handy excel sheet

Just need to confirm one thing that vl this sheet calculate appropriately (with our three factors) considering high & low @ 10.15am. I mean to say which out of the three factor to be used..?

Last edited by tinchu76; 16th February 2009 at 10:33 AM. Reason: incompleted
#1343
16th February 2009, 02:39 PM
 Member Join Date: Apr 2007 Location: India, West Bengal, Kolkata Posts: 1,167 Thanks: 391 Thanked 252 Times in 110 Posts
Re: Best way of day trading - 2652 theory of trading

great going guys.........................keep it up..........................
#1344
16th February 2009, 03:16 PM
 Member Join Date: Oct 2008 Location: Tamilnadu Posts: 153 Thanks: 45 Thanked 86 Times in 46 Posts
Re: Best way of day trading - 2652 theory of trading

Nifty :

Today's Nifty Levels:

Buy Above : 2927.15
Target : 2941.75
SL : 2897.90

Sell Below : 2902.55 (Triggered @ 11.15 a.m.)
Target : 2888.05 (Achived @ 11.17 a.m.)
SL : 2931.60

Today's Trade Details :
Booked Profit : 14.50 Points
Net Profit : (50 * 14.50) = Rs.725 - Rs.110 (Brokerage & Extras (Approx)) = Rs.615

Last 4 Trading Days P/L Details :-
================================
11.02.2009 = 550.00 +
12.02.2009 = 1420.00 -
13.02.2009 = 2135.00 +
16.02.2009 = 615.00 +

Net Profit = Rs.1880.00 (Per Lot)
================================

Regards,
V.V.
 The Following 13 Users Say Thank You to V.V. For This Useful Post: biyasc (16th February 2009), GauravC (25th February 2009), gunavadhi (16th February 2009), junnu2411 (11th February 2010), pleaseharsh (17th February 2009), prabit (19th February 2010), rajendrani (16th February 2009), rkpahwa (16th February 2009), santhosh44 (17th February 2009), sushant079 (22nd September 2009), the tape (16th February 2009), tinchu76 (16th February 2009)
#1345
16th February 2009, 04:56 PM
 Member Join Date: Oct 2007 Posts: 19 Thanks: 0 Thanked 1 Time in 1 Post
Re: Best way of day trading - 2652 theory of trading

Quote:
 Originally Posted by tsunil4u (replying on behalf of Dhiraj) Pt. 3 is partially wrong - From 10:35, we start modifying buy & sell trigger levels with every new high & low level.... This process goes on till our first trade hits target; or first trade hits SL/SAR, and second trade hits target; or till 3:00pm; whichever scene comes first in case of that particular scrip which u have taken for trading. Regarding Pt. 6, it has been mutually decided that either stick to your broker provided market-watch window's levels, or as per charts.... Preference is given to former.

thanks tsunil4u for replying the querry,but as you said my understanding for pt.3 is still not correct.

exp of today. for siemens i had b@235.75 ,tdt.sell@236.55 sl@233. & for short side sell@ 223.54, buy tgt @222.45, sl@224.,

so as per ou as market started falling ,so i should lso revise my both trades or ,let short as it is & only long should be revised.
if possible with example will help more clearly.
#1346
16th February 2009, 05:12 PM
 Member Join Date: Feb 2009 Location: I'NET Posts: 7 Thanks: 0 Thanked 11 Times in 7 Posts
Re: Best way of day trading - 2652 theory of trading

Hello

I have been struggling for quite some time (more than 2 years) as a trader.

Last week I started trading using Dhiraj's 2652 System for Scalping.

Imagine, initially I even lost using this very good system

My problem was I did not book the open position at 0.5%

But last 2 sessions, I have put orders to book as soon as the position opens. I have covered the loss I made in first 3 days, due to my mistakes.

Today many traders who are trading this system may not feel nice to book just 0.5% profit, as the markets move easily in one direction giving much more, but remember this kind of movement is not everyday, and we have to take out the 0.5% almost everyday with Dhiraj's 2652 scalping system.

Thankyou very much Dhiraj for your 2652 scalping system.

Regards

MS
 The Following 3 Users Say Thank You to MS2652 For This Useful Post: biyasc (20th February 2009), rkpahwa (16th February 2009), sushant079 (22nd September 2009)
#1347
16th February 2009, 05:36 PM
 Member Join Date: Mar 2008 Location: Hyderabad Posts: 9,204 Thanks: 7,148 Thanked 15,041 Times in 6,252 Posts
Re: Best way of day trading - 2652 theory of trading

Quote:
 Originally Posted by MS2652 Hello I have been struggling for quite some time (more than 2 years) as a trader. Last week I started trading using Dhiraj's 2652 System for Scalping. Imagine, initially I even lost using this very good system My problem was I did not book the open position at 0.5% But last 2 sessions, I have put orders to book as soon as the position opens. I have covered the loss I made in first 3 days, due to my mistakes. Today many traders who are trading this system may not feel nice to book just 0.5% profit, as the markets move easily in one direction giving much more, but remember this kind of movement is not everyday, and we have to take out the 0.5% almost everyday with Dhiraj's 2652 scalping system. Thankyou very much Dhiraj for your 2652 scalping system. Regards MS

Hi MS,

GREED is dangerous to Traders but in case of Scalpers it is too
dangerous.
 The Following 5 Users Say Thank You to columbus For This Useful Post: ajuliandavid (4th February 2010), faith (16th February 2009), kvram (17th February 2009), ntn (18th November 2010), rkpahwa (17th February 2009)

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