Clarify my doubts in "best-way-day-trading-2652-theory", thread

[shares111]

Hello all of you,
my name is krishna.
i saw the thread
http://www.traderji.com/day-trading/25307-best-way-day-trading-2652-theory-trading.html

Thwe thread was closed thats why i asking doubts and question in this new thread any body please clear it.

Now the market is opens at 9:00 am.
we take the hows and lows at 9.15, after that we make the stratagy to put orders.
here is my doubt,
suppose we go for buy side, the price is not treagered at 9.50. Then what will we do. will i cancil my orders for that particular stock or nifty futures.?
is there any software to get automatic calculations to get buy or sell signals for 9.15am. highs-lows time factor?
Because minimum 15 minutes time will take to get 20 stocks in cash or in stock futures. so is there any autometically calculation method or software ?
Please give reply any one
i loss 50000/- in nifty futures in 2 days.
so i trying this method. thats why i asking above details.
Please give reply any body
Thanks to all.

 

[Boona]

U lost 50k in 2 days????

There are no short cuts buddy....it takes months (if not years) of practice and screen time before u can successfully trade markets

So till that time, just paper trade or trade mini nifty 1 lot

There is so much to learn...if that Dhiraj thread is closed, then look for some other thread/system, so that someone will be there to respond to ur queries

But for GODs sake dont trade to loose...

 

[jagankris]

Hello all of you,
my name is krishna.
i saw the thread
http://www.traderji.com/day-trading/25307-best-way-day-trading-2652-theory-trading.html

Thwe thread was closed thats why i asking doubts and question in this new thread any body please clear it.

Now the market is opens at 9:00 am.
we take the hows and lows at 9.15, after that we make the stratagy to put orders.
here is my doubt,
suppose we go for buy side, the price is not treagered at 9.50. Then what will we do. will i cancil my orders for that particular stock or nifty futures.?
is there any software to get automatic calculations to get buy or sell signals for 9.15am. highs-lows time factor?
Because minimum 15 minutes time will take to get 20 stocks in cash or in stock futures. so is there any autometically calculation method or software ?
Please give reply any one
i loss 50000/- in nifty futures in 2 days.
so i trying this method. thats why i asking above details.
Please give reply any body
Thanks to all.

No worries.
Loss is a part and parcel of trading.
Preserve your capital first.

My humble suggestion is
1. Stop trading for few days(few months would be better).
2. Just acknowledge that you have lost money.
3. There will be rush,mental agony and a thrust to recover the 50,000 rs in the next few days.

Dear that is not possible.
Consider loss as an investment of your trading business.
Be patient.
Let all your emotions subside.

Read the postings in the forum especially of Velluriji/Linkonji/Saint for trading rules and money management rules.

Otherwise with out discipline you will end up making more loss.

From your words and previous threads the following are my inference

1. You have traded against the trend.
2. I can understand that you don't have a proper strategy in place.
3. No stop loss.
4. No money management rules in place.
5. You are jumping from method to method (Volatility,Moving Average,Scalping,Mid point trading,Options etc etc).

2652 is not a holy grail in other words means there could be losses even with that strategy.Consistency is the key.

If you follow the strategy consistently you will definitely be in profit at the end of the week if not at the end of the month.

Good that you have chosen 2652 as your strategy.

How a person can develop consistency ? by trusting the strategy or system and following that.

How to build trust in that strategy - by paper/demo trading the strategy for month or two and see the results before putting in the real money.

Stick on that strategy.

Where to do demo trading - Try GCI or GCI CFD trading platform (where you can get nifty and few nifty scripts).

Trade 2652 strategy with GCI CFD sw for some period till you are comfortable with the method.

Regarding high low of 15 minutes of scripts just save your trading terminal to an excel sheet exactly at 9.15 Am and get the values from there.

Enter the values in the 2652 excel sheet to get the entry/exits.

Regarding auto calculation/bulk calculation of 2652 check this web site.
http://intraday.weebly.c o m/

If you are using amibroker there is an afl for 2652 in the forum.

Good luck mate.

Happy learning before resuming your trade.
-JK

 

[Evilboy]

You have to take high/lows of 10.15 candle not 9.15.

Here is the link to rules and Excel file by Sunil
http://www.traderji.com/day-trading/26661-dhirajs-best-way-day-trading-discussion-56.html#post330207

 

[deadbrain]

You have to take high/lows of 10.15 candle not 9.15.

Here is the link to rules and Excel file by Sunil
http://www.traderji.com/day-trading/26661-dhirajs-best-way-day-trading-discussion-56.html#post330207

Buddy, I guess 10.15 was when markets used to open at 10 am.

 

[deadbrain]

Hello all of you,
my name is krishna.
i saw the thread
http://www.traderji.com/day-trading/25307-best-way-day-trading-2652-theory-trading.html

Thwe thread was closed thats why i asking doubts and question in this new thread any body please clear it.

Now the market is opens at 9:00 am.
we take the hows and lows at 9.15, after that we make the stratagy to put orders.
here is my doubt,
suppose we go for buy side, the price is not treagered at 9.50. Then what will we do. will i cancil my orders for that particular stock or nifty futures.?
is there any software to get automatic calculations to get buy or sell signals for 9.15am. highs-lows time factor?
Because minimum 15 minutes time will take to get 20 stocks in cash or in stock futures. so is there any autometically calculation method or software ?
Please give reply any one
i loss 50000/- in nifty futures in 2 days.
so i trying this method. thats why i asking above details.
Please give reply any body
Thanks to all.

Welcome to club! Friend, i guess since you are dealing in puts where you are calculating losses. Now that you have not used stop losses, there is still a chance that you will get returns once markets fall which could happen as well. So please be patient and wait, expiry is still away.

But next time, whichever method you use, make sure to follow strict stop losses.


http://www.traderji.com/day-trading/44164-confused-day-trader-3.html
You can try this excel sheet as well.

 

[jagankris]

1.2652 strategy is to take opening range Highs and Lows of 9.15 candle.

2. Krishna is not using (options - puts).
Put orders - he refers to placing orders.

 

[shares111]

Thanks to all members.
But no bodygiven reply to question That is
"Now the market is opens at 9:00 am.
we take the hows and lows at 9.15, after that we make the stratagy to put orders.
here is my doubt,
suppose we go for buy side, the price is not treagered at 9.50. Then what will we do. will i cancil my orders for that particular stock or nifty futures.?"
Please give reply any body.
when the thread start the market opens at 9.55am. But now the market opens at 9.00am Thats why i mention the final order put time as 9.50.
Please give reply any body sir,
KRISHNA.

 

[twist]

Thanks to all members.
But no bodygiven reply to question That is
"Now the market is opens at 9:00 am.
we take the hows and lows at 9.15, after that we make the stratagy to put orders.
here is my doubt,
suppose we go for buy side, the price is not treagered at 9.50. Then what will we do. will i cancil my orders for that particular stock or nifty futures.?"
Please give reply any body.
when the thread start the market opens at 9.55am. But now the market opens at 9.00am Thats why i mention the final order put time as 9.50.
Please give reply any body sir,
KRISHNA.

Read this post : http://www.traderji.com/day-trading...ading-2652-theory-trading-104.html#post275467

hope this helps you

 

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