Swing Calls

winstonn · #31 28th December 2006, 09:32 PM

Hi all,

BUY EVEREST KANTO CYLINDER @ 675.
Target : 820

Stoploss: Below 640 closing basis only.

Thanxs.

hmp · #32 28th December 2006, 09:39 PM

Hi Winstonn.
Realy Great Going. I Would Request U To Give Atlest One Scrip every day In The Range Of 50-200 For Small Traders.
Thanks And Regards. Pl. Keep It up.
Hmp

timtomlee · #33 28th December 2006, 09:52 PM

Keep up the good work, Winstonn.
Can u explain how do u identify target price? which indicators do u use?

Regards,

Sonu M.

winstonn · #34 28th December 2006, 10:04 PM

hi hmp,

it does not matter if the scrip is 50 or 1000, look for % profit................
Wht differentiates them is psychology.

% rise or fall in midcaps is much more than large caps.
So, look at % profit move.....

winstonn · #35 28th December 2006, 10:20 PM

hi ,
Buy Sundaram Fasteners ltd. ( 500403 ) at 180

Tareget : 213

Stoploss: 170 closing basis.

thanxs
winston

winstonn · #36 28th December 2006, 10:30 PM

Hi all,

Buy Aditya Birla Nuvo ltd ( 500303 ) at 1225

Target : 1365

Stoploss: 1180 closing basis

thanxs

Agilent · #37 28th December 2006, 11:24 PM

Quote:

Originally Posted by winstonn

if u are prepared to lose max 1 L on any given day (but of course hope to make money overall) , spead the risk across 50 different scrips, to minimise yr losses.

hi, aligent

it does not mean that 2% stop rule is spreading risk to 50 scrips!!!!!

eg. you have 1,00,000/- and buy 250 Shansun chem at 106 with stop at 98 as per 2% rule, your trading capital on this trade is 250 * 106= 26,500/-.........case (i)

then you have 1,00,000 - 26,500 = 73500. 2% of this is 1470.

then if you wanna buy Media Video at 51 with stop 45, you should buy 1470 divided by 6 = 245 shares . Here ur trading capital = 12495..........case (ii)

now you have 61005 and 2% of it is 1220, and wanna buy 3MIndia at 1510 with stop at 1460,
you should by 1220 divided by 50(stoploss) = 24 shares.
So your trading capital used is 24 * 1510 = 36240..............case (iii)From case i , ii , iii,
your total trading capital used = 26500 + 12495 + 36240 =75,235/-

now only in three trades your 75% capital is used up, dear Aligent can u explain how can i make 50 trades by 2% rule.

This rule is to limit losses , and take good profit.
thanxs
winston

Winston

Ooops I goofed up.

Wrong interpretation .... but never mind

Tell us anyway, how do u decide the stop losses in each case, and ... more important ... how do u choose the scrips ...

And do u also short sell ?

AGILENT

PS It seems you make money in most (if not all) of your trades ... take care , lest u start getting bothered by the IT guys

winstonn · #38 28th December 2006, 11:34 PM

hi aligent,

i dont trade so huge amounts ,

well, stops are below most recent support , that's true........keep it simple and powerful.

thanxs
winston

alpha1 · #39 28th December 2006, 11:59 PM

Quote:

Originally Posted by winstonn

Hi all,

Buy Aditya Birla Nuvo ltd ( 500303 ) at 1225

Target : 1365

Stoploss: 1180 closing basis

thanxs

Dude, actually while scanning charts I too came across this stock, and felt it has good potential.

But tell me what is the basis of your target?

winstonn · #40 29th December 2006, 12:17 AM

hi,
all my analysis and targets are based on elliot waves which range from 15 min to 30 min time frame.
I do keep posting elliot waves for sensex also.On index , i prefer to use daily charts for waves.

Regarding , stops, it is below recent support because

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