Day Trading Stocks & Futures

[insursi]

@ Riskyman, What happened to your Yesbank @ Rs.40/-?

 

[Positivetrader]

Adding BIOCON to my cash holdings. Already holding at 268.37
Weekly chart .. RSI got support above 50
View attachment 39863

Daily chart
PDH 294.60 PDL 288.50
Today, as of now, H 294.85 L 290.10
A decisive move above PDH will lead to further up move.

 

[Positivetrader]

With discount brokers, whatever their brokerage calculators are showing are not correct when the trade is for multiple lots. Irrespective of abundant liquidity, the options in index are traded one at a time (even market orders) to add brokerage for every "trade" executed. So presently trading very selectively in F&O and more in cash.
In F&O trades the wrong decisions are very costly.
More comfortable with delivery trades
With proper position sizing, delivery trades are better manageable.

 

[vikas2131]

Wife: Are you happy or unhappy?

Me: Depends, which timeframe you are talking about, 1H? 1D? 1W?

 

[vikas2131]

BankNifty

First & Only Index to Slip In Weekly Downtrend As Per Weekly Trend Models

Looks Like Private Banks Will Lead the Correction

30000-30500 Would be Strong Support & Good Bounceback Should Happen From Those Zones, But Model Suggests Sub 29k Levels by March End

 

[Positivetrader]

PETRONET
Holding already in cash.
Looking to add if RSI in Daily chart get support at 50. Watching.

 

[Schatz]

Thanks.
The challenge I am facing is to balance between two facts:
a) In a trade we can be assured of any outcome that will vary between the risk/stop loss and the take profit levels

b) Winning streaks are unpredictable and the method should be tuned to maximize these streaks - this will need dynamic position sizing and not some standard compounding logic.

Work is still in progress & any pointers are welcome

you may enjoy winning streak (backtest how long is that?) but u r gonna take the biggest loss (the trade which stops the streak)...

this system makes sense if ur winning prob goes higher if the last trade was a winner ... most of the systems r just opposite to this...

 

[Smart_trade]

Relaxo Footware hitting a new 52 weeks high in a down market.....it has gone up 18 % in last 1.5 months...

Smart_trade

 

[siddhant4u]

With discount brokers, whatever their brokerage calculators are showing are not correct when the trade is for multiple lots. Irrespective of abundant liquidity, the options in index are traded one at a time (even market orders) to add brokerage for every "trade" executed. So presently trading very selectively in F&O and more in cash.
In F&O trades the wrong decisions are very costly.
More comfortable with delivery trades
With proper position sizing, delivery trades are better manageable.

Multiple lots executed in different trades but placed in single order will be considered as one order so brokerage will be 20/- (for all trades)
However Bracket Order is different story

 

[vikas2131]

Stuck at this crucial position