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Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument.


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  #7641  
Old 9th July 2008, 03:07 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

ah sorry. dont follow spot much other than only for ref.
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  #7642  
Old 9th July 2008, 03:10 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by tsunil4u View Post
Asish sir,
aapke teachings sir-aankhon par...
it's just that i wanted a reason to go long at 4100 spot....
when i saw europe in green & double bottom at 4090 spot, i thought let me give a try at 4100 spot with SL below 4090 spot...

I always remember & first follow charts (as u have nailed into my head before too, & i am highly obliged to u for this)... i just like to confirm my position, as i cant afford to just have 10-15 pts trading movement
Each individuals Trading style is different,as by now we all know why it is different,i respect your aspiration to earn more than 15 points.For that taking confirmation from other world indices needs a background of Maths & Statistics to find out the 'Correlation' & other factors Nifty vis-a-vis those indices,to get a meaning full edge in your favour.
There is a whole lot of Science involved in extracting information from Data,(which many Quants toil yrs to get that edge).
If you increase your Time frame to say 30 min or 60 min (as Saint does),then the bar's range increases hence your Reward increases (also the Risk).
Simple effective way of trading is understanding the Waves,for which a RT Data feed & a software like Ami or Metastock will do.
After graduating from this Level you will need Higher Level software Like Neo-Ticker etc & obviously Higher level Guide ,(those level Guide/Teachers are also available in this Forum).
Imp. point is to Earn & EARN CONSISTENTLY EACH & EVERY DAY.
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  #7643  
Old 9th July 2008, 03:16 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

beware of the 4140 R3 if u have positions open.
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  #7644  
Old 9th July 2008, 03:16 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

oh no asish sir, not that deep please....

as i had said before, you r my star of 20/20 and Saint sir is my star of "test"...

i try to combine the two techniques to make my "one day" of trading successful...
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  #7645  
Old 9th July 2008, 03:18 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by uasish View Post
Each individuals Trading style is different,as by now we all know why it is different,i respect your aspiration to earn more than 15 points.For that taking confirmation from other world indices needs a background of Maths & Statistics to find out the 'Correlation' & other factors Nifty vis-a-vis those indices,to get a meaning full edge in your favour.
There is a whole lot of Science involved in extracting information from Data,(which many Quants toil yrs to get that edge).
If you increase your Time frame to say 30 min or 60 min (as Saint does),then the bar's range increases hence your Reward increases (also the Risk).
Simple effective way of trading is understanding the Waves,for which a RT Data feed & a software like Ami or Metastock will do.
After graduating from this Level you will need Higher Level software Like Neo-Ticker etc & obviously Higher level Guide ,(those level Guide/Teachers are also available in this Forum).
Imp. point is to Earn & EARN CONSISTENTLY EACH & EVERY DAY.
from last 10 days i am trading 1-minute chart (speed trade), & i found it very usefull for me.
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  #7646  
Old 9th July 2008, 03:20 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by biyasc View Post
from last 10 days i am trading 1-minute chart (speed trade), & i found it very usefull for me.
please beware of speed breakers as well
asish da allready adviced
u know my reliance experience
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  #7647  
Old 9th July 2008, 03:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by tsunil4u View Post
exiting all longs here at SPOT day high 4155...
re-entry at lower level 4100 FUT
this re-entry i will be carrying forward today...
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  #7648  
Old 9th July 2008, 03:26 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by deb99891 View Post
please beware of speed breakers as well
asish da allready adviced
u know my reliance experience
thanks for your advices. will keep it in my mind.
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  #7649  
Old 9th July 2008, 03:30 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

kuch dal mein kaala...

FUT's movement not in corelation with SPOT in last 5 mts...

anywayz, i m continuing
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  #7650  
Old 9th July 2008, 03:33 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

It is once again the need of the Hour to share some info about this Gr8 Forum.
1) Name any Proffession,we have accomplised guys who are active member here.(barring filmstars & cricketers).
2) We have guys who,5 yrs back was handling Hedge Funds in Million US Dollars.
3) We have a 70 yrs trader ,trading from his District town,each day.
4)We have guys who had 1st hand experience at NYSE trading floor,how the VERY VERY HIGH Tkt traders trade,what they use,how they identify.
5) We have No. of System Traders,who are personally being contacted by Big firms from Europe to Handel their fund.
6) We have a young trader who with 60K has made above 10 Lacks in 10 months.

Most of these guys are very silent watchers.
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