NEW TRADING METHOD(have look its Goldmine)

vry educative indeed, thanks copper. i traded in Sterlite optics using th same method n i made 15%. In kind of market like yesterday i guessits not bad.
Any ways thanks n happy trading.

Hi Friends,

Today i'll apply this with ACC but with small volume 25 shares. Let's see. By evening you'll all know what happened.

Happy Trading.

CopperDesk.

Hi Copper


STOCK NAME : ASSOCIATED CEMENT CO LTD

DATE 19-May-2006
LAST TRADE PRICE 740.00
DAY OPEN 820.00
DAY HIGH 839.90
DAY LOW 715.00
PREVIOUS DAY CLOSE 799.60
% CHANGE -7.45

So did u make money or loose, Any ways .
Happy Trading

Hi Peter,

Cheers. boy as i told you earlier i have played only 25 shares of acc. First hour high was 812. so i short sold @811 covered @782 (net profit-750). Again i brought @813 sold @818 (net profit-125). again i short @811 for two more times. First was covered @801. Later was @760. (net profit= 2150 @end of the day. Inverted nearly 21,000.)

Although i haven't recieved todays statement. After commision profit should be near 2100 or 10%.

Cheers Again.

CopperDesk.

Woooooo thats a grt news, i thank u 4 dat. One thing for sure wat u did was ok for a day like 2day. But on normal trading days
Entry=max 1.5% up or down of open or close price
Exit=previous Close price
SL= acc to ur risk capacity

important pts
1) Definitely u can make changes
2) Keep track of S/R
3) reenter the stock only wen u find a trend for sure.
One more thing buddies iv my exams startin From the first week of june hence i wont b trading any more til my exam gets over(on first week of july).
IF u hav any queries pls do not hesitate 2 mail them at [email protected] . An if possible keep this forum goin so than lot of traders actually can make more n more profits.
Its a REquest to u Copperdesk, Ken n all the oTHEr members.
Its a superb technique.
Anyways HAppey trading.

Hi Peter,

Best of luck for your exams. Be asure, I'll be here. Dont you worry.

Good Luck

CopperDesk.

It was a great call by copper in the morning in the other thread and great trades by you both. I did go short on Jindal stainless and made a few hundred rupees. Thank you both.

Yes Ronald first comes your studies best of luck in your exams. By the way if you have the site link for this method could you post it.

Copper is active in this forum and I have just started.

All the best
Ken

Hi Ken,

Thankx for compliments. have you checked my post in this thread on page two? i have posted a link. Try to visit. Very informative and educative too.

Happy weekend.

CopperDesk.

Hi CopperDesk,

Yes it is interesting. Larry Potter also writes

"Does this method always work? No, nothing in the market is ever a guarantee, but as far as a "safe" way to try, it's as good as it gets"

I just complimented you and I see that you have resigned! Why not stay and add the reasons for your recos. So we learn and make money
DON'T QUIT
Cheers
Ken

Hello Ken,

Bhai, i dont know i'm a daytrader or not but I do day trading. After 4PM its liusure time for me upto 9pm. After that i go to websites like economictimes, sify business, moneycontrol, ndtvprofit, myiris.com etc. From there i pick 10-20 stocks (based on good/bad news about a stock, upcoming result, international commodity price changes etc.) then i go to sites likes of dlngroup where they do technical analysis and come up with a report which is easier for me to interpret. As i really dont know very much about TA or FA. After cross checking with 2-3 sites, i come up with 3-5 results in which i'd going to invest tomorrow. By time it is 12.30 or 1AM midnight. So now you tell me what report should i submit with my picks. This is my method. Thats it. As per sharing is concerned i time to time post essential URLs whenever i found one. I have only two things. A broadband connection, Google, a very little bit of common sence and a very very little bit of intution.

One thing i've learnt that i should tone down. It is overinthusiasm by my part. It's your choice you can take it as an excuse.

I'll come back but after learning TA or FA fully b'coz it seems that it is the only way to trade.

Suggestions Needed.

CopperDesk.