Discuss Best way of day trading - 2652 theory of trading at the Day Trading within the Traderji.com; pravin am trading in real with this i belive that trading is just like gambling ...

 Register FAQ Calendar Search Today's Posts Mark Forums Read

#11
2nd December 2008, 07:41 PM
 Member Join Date: Oct 2008 Location: GOA Posts: 148 Thanks: 86 Thanked 299 Times in 61 Posts

pravin am trading in real with this
i belive that trading is just like gambling
but do consider in stocks that have high volume
keep asking any queries on on this , i will be happy to answer at any time
 Sorry your browser does not support IFRAME

## Looking for a share broker?

#12
2nd December 2008, 07:47 PM
 Member Join Date: Oct 2008 Location: GOA Posts: 148 Thanks: 86 Thanked 299 Times in 61 Posts

the values are the fraction used to multipy with previous days range to get three values of next days range .
if its break out then u must catch the small change it tends to do with a breakout from the values
just paper trade first and then see
start with a small amount for a particular stock so that u can double the value if profit is not struck in a single stroke
 The Following User Says Thank You to dhiraj11378 For This Useful Post: pujji (14th March 2010)
#13
3rd December 2008, 06:48 AM
 Member Join Date: Jan 2007 Posts: 910 Thanks: 166 Thanked 645 Times in 300 Posts

Quote:
dheeraj, thanks for the method. looks interesting, will follow this method. meanwhile one small request, can use paragraghs and space line between paras, so that its easy to read. just a suggestion. also if you can post today's trades by evening, it will really help nderstan the method better

good luck
#14
3rd December 2008, 12:29 PM
 Member Join Date: Sep 2004 Posts: 4,580 Thanks: 2,974 Thanked 4,557 Times in 2,010 Posts

Really an excellent gesture to share a working method!!! Only a few people do it, though its an ongoing practise on this Forum.
Thanks Dhiraj. Will post my queries if any on your 'system?
The factors :
0.433
0.7666
1.355
Are these constant for all Stocks/Futures and valid for all time frames?
#15
3rd December 2008, 04:52 PM
 Member Join Date: Dec 2008 Location: chennai Posts: 98 Thanks: 192 Thanked 32 Times in 24 Posts

Excellent of you to share this. It would really help in all of us understanding it better,if you could post the calcualtions for todays trade with the detailed workings.
1. Does this .433, .766 and 1.35 work for all the stocks and can this be used for Nifty Futures as well.
2. In your orginal post,you had mentioned 36,63 and 92 as filters. are those numbers not relavant when compared to the ratios now being mentioned.

Sri
#16
6th December 2008, 11:51 PM
 Member Join Date: Jul 2008 Location: Mumbai/Secunderabad Posts: 1,423 Thanks: 958 Thanked 1,127 Times in 511 Posts

Dhiraj...a very interesting system to trade in stocks...will try out for sure..thanks buddy...
#17
7th December 2008, 09:10 AM
 Member Join Date: Feb 2008 Posts: 222 Thanks: 654 Thanked 102 Times in 74 Posts

Quote:
 Originally Posted by rkkarnani The factors : 0.433 0.7666 1.355 Are these constant for all Stocks/Futures and valid for all time frames?
Dhiraj, I too have the same question. Will these 3 values remain the same for ALL the stocks? Please reply. Also could you tell, how you've arrived at these constant values?

Thanks a lot for the strategy.
#18
8th December 2008, 03:02 PM
 Member Join Date: Oct 2008 Location: GOA Posts: 148 Thanks: 86 Thanked 299 Times in 61 Posts

some replies to the querries
i personally do not use this method in fututres .So i would suggest u all to use only in cash .
the time 10.15 is important u can start from there and by execution of some oerders suppose its 10.45 around then also u can put ur some last orders , but beyond that i suggest that u must not .
if u have a profit using first value then do not trade back in that pariticular stock
money management is important if u have a loss , then suppos u double ur amount then u must increase ur profit margin slightly . that depends on u ,to make up the losses.
do not ask of constant values .these are as per my studies and what i think
if profitable for u can use these or u can shift to ur own values .
if u have a loss on a particular day use the values for the next days not the previous days values.
do write more on this
dhiraj
#19
8th December 2008, 03:04 PM
 Member Join Date: Oct 2008 Location: GOA Posts: 148 Thanks: 86 Thanked 299 Times in 61 Posts

important thing use this only in NSE CASH
#20
8th December 2008, 05:51 PM
 Member Join Date: Dec 2008 Location: chennai Posts: 98 Thanks: 192 Thanked 32 Times in 24 Posts

Dhiraj,

It seems to be a good strategy. Would you mind explaining the ratios and what is the reasoning behind the .4333/.7666/1.35 etc......
Let us know, if you have reservations.

Thanks,

Srini

 Bookmarks

 Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is OffTrackbacks are Off Pingbacks are Off Refbacks are Off Forum Rules

All times are GMT +5.5. The time now is 04:35 PM.

Indemnity, Disclaimer & Disclosure Notice:
* By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.