My experiment in cash intraday

Hi guys,
just planning to share some ideas here in intraday trading. No tips and all. Hope I learn more from all you people too.

So what I am trying to work on is to follow most rules of this game and fine tune the execution so that it becomes easier and hence result in consistency.

What I know so far is that (a) trend is your friend(2) high Risk: Reward ratio is must (c) Emotional control is a must.

So my idea about this method is to follow trend ONLY , do not jump in "fast moving train" and have high rewards compared to risk and be stress free while trading.


To sum it up, I will try to find ways to enter stocks which have definite trend , ONLY on pullback.

How we fine tune the entry, trail SL, cut losses and let profits run, is what WE have to figure out.

LOL. I guess nobody is interested. Wonder if I should continue or not.

I guess you aren't interested in cash intraday either :lol:

You haven't posted any setups, trades, comments on possible trades, your thoughts on any specific scrips etc..

No, don't think like that. You have 76 views. I think all are eagerly waiting to your live trades.
Post your trades daily.
Best of luck.

Continue your threads please

In absence of thread owner :

For 23rd April Day Trades:
Day trade : BPCL, Long above 22nd April high !
GAIL long above 389
Reliance : Long above yesterdays close+filter with Yesterdays low less filter as SL !

Dont know what made me do it..., probably becoz you seldom post any trading levels, I took a long position in BPCL at 488 and exited at 492.70, 1% tgt ! Made a cool ~4000/-+ in one lot. Thanks buddy !
With profit in hand took the courage to enter Reliance 1 lot at 971.50 ! Let us see how this pans out.
Gail is far away from Entry level.

Compared to BPCL, Reliance was moving at a snail's pace, hence exited at 975.50 !

Thanks UM ! :thumb: Await recomendations for tomorrow !

Thanks RH! I am encouraged to start a new thread to post calls on the basis of this strategy ! Today also I had calls in BOB Long, Cairn Short, Kotak Long and Ranbaxy long.
BOB did ~1% which is my tgt. Cairn also did tgt. Kotak SL hit, other did not trigger.