My trades based on "new way of pivot trading" and vwap

vijkris

Learner and Follower

vijkris

Learner and Follower
Sir,pls make some room for new pm's :D
posting sample crude chart.
don bother the arrows and other stuff.



crude is a wild horse , if u can tame it u can gain a lot.

vwap can be used. crude is traded internationally also at the same time so it respects technical analysis .
20k to 20 lakh is possible with camrilla system. (my opinion).

if ur sl is 5 pts away then go for 5 lots per lakh, otherwise it ll be too risky and drawdowns ll be difficult to handle.
 

vijkris

Learner and Follower
quoting amit ji's post: :thumb:

"1. Know what your trading strategy is and master it.
It’s always surprising to me how many people don’t actually even have a trading strategy but still try risking money in the market.
If you do not have a strategy that you’re trading with, meaning a trading edge that gives you a better than random chance in the market, you are just gambling and may as well just go to the casino instead.

Having a strategy and mastering it, takes time, effort and discipline, which is also why many traders do not have one; they don’t want to put in that time, effort and discipline.

If you think you will just ‘wing it’ and somehow make money in the market, you are wrong. Trading success is not the result of luck or an accident, it takes effort, dedication and passion.

Furthermore, once you have actually mastered an effective trading strategy, like price action, you have to stick to it, you cannot waffle and jump between trading strategies as many traders do.

Trading involves both losses and wins, and you’ve got to be able to have the fortitude to keep focused during the losses.

If you jump ship, and abandon your trading strategy after a couple losses, you haven’t given it the proper time to play out and work in your favour, and you will just be on a never-ending, futile quest for a ‘Holy Grail’ trading method that does not exist.
Have a strategy, know it, master it, and stick to it."
 

vijkris

Learner and Follower
Vijay bro!! This amibroker type software you use for setups like Vwap etc, possible to find free online? :)

Thanks
rip07
i don think there is an alternative to ami for this vwap and bands.
maybe without bands, vwap indicator can be there in some free softwares.
btw if u search properly u can get ami without spending much. :D
 

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