![]() |
|
| Discuss How to calculate entry and exit point for stock at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, i am doing paper trading looking to trade online .can any one tell me ... |
|
|||||||
| Notices |
| Technical Analysis Discussion of all the principles involved in technical analysis. |
![]() |
|
|
Thread Tools |
| Sponsored Links |
|
#1
|
|||
|
|||
|
hi,
i am doing paper trading looking to trade online .can any one tell me how to calculate the entry and exit of the stock. i have read lot of articles but they haven given any formula for calculation of the entry or exit point. thanking you sat |
|
#2
|
|||
|
|||
|
Quote:
|
|
#3
|
|||
|
|||
|
Quote:
Thats probably because there is not one. Its all dependant on the individuals assesment of risk and opportunity. Everyone has their own 'formula' as to when they will enter, and most dont have a formula for exit.
|
|
#4
|
|||
|
|||
|
And what is the calculation for trail stop? Whatever it is for u,it is also included in the exit formula.Trail for what? For exits.
|
|
#5
|
|||
|
|||
|
Although it may seem like a sell-out strategy, there is no right answer with regards to entry and exits. Why? due tio the fact that it is a very personal decision. don't buy into the idea that the pros have devceloped infallible algorithms that spit-out profits every trade and every day, it doesn't happen in the real world.
You as a trader must choose or develop a method that you have unconditional confidence using everyday.You cannot rely upon anyone to share a fail-safe system. What works for Trader A does not necessarily work for Trader B due to core beliefs, biases and social mores. Everyone selling systems or seminars never touch upon this fact. Also with the markets trading in a range 70% of the time you must develop a method for that type of market, as well as a strategy to use when the markets are trending. I hate not to be able to give you a concise answer but in reality there isn't one. one way that might work for everyone is to clue into what is hot at the moment and buy on breakouts of your choice of ma's e.g., 3ema over 8ema and place stop under the low of your trading time frame or 2 * your trading time frame. This is all dependent upon your capital, risk comfort or distress level and type of trader you decide or are most comfortable. I hope this helps to clarify a very complex decision. |
| Sponsored Links |
|
|
![]() |
| Bookmarks |
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.