General Trading Chat

wisp

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@vivekbro,
u may try loading nest charts 2.10 in new ZT nest. for me nest backfill started working.
its not urgent, concentrate on ur trades 1st. u can do it after 3.30 also. :)
I think investing on reliable data is a must. We should run it like a business and consider data, stop loss, brokerage, etc. as cost of doing this business.Once we consider Stop loss as cost of trading, we wont worry about it getting hit, as long as we have a proper system or method we follow diligently.
 

vivektrader

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I think investing on reliable data is a must. We should run it like a business and consider data, stop loss, brokerage, etc. as cost of doing this business.Once we consider Stop loss as cost of trading, we wont worry about it getting hit, as long as we have a proper system or method we follow diligently.
But since we are working day in and out cutting cost of business (zerodha , is one such thing), keeping losses due to SL hits low also, can only be beneficial.
What I suggested is a psychological compromise for an early exit.
 

wisp

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But since we are working day in and out cutting cost of business (zerodha , is one such thing), keeping losses due to SL hits low also, can only be beneficial.
What I suggested is a psychological compromise for an early exit.
Your plan is fine, thats part of your system.
 

vijkris

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I think investing on reliable data is a must. We should run it like a business and consider data, stop loss, brokerage, etc. as cost of doing this business.Once we consider Stop loss as cost of trading, we wont worry about it getting hit, as long as we have a proper system or method we follow diligently.
my opinion, for learners cost of data feed itself is a big trouble. so while learning atleast, free data feed is a must. once pocket gets full, then we r in business and can spend for data feed.
 

wisp

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my opinion, for learners cost of data feed itself is a big trouble. so while learning atleast, free data feed is a must. once pocket gets full, then we r in business and can spend for data feed.
wrong tool wrong result, but you are free to disagree.
 

XRAY27

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my opinion, for learners cost of data feed itself is a big trouble. so while learning atleast, free data feed is a must. once pocket gets full, then we r in business and can spend for data feed.

I think investing on reliable data is a must. We should run it like a business and consider data, stop loss, brokerage, etc. as cost of doing this business.Once we consider Stop loss as cost of trading, we wont worry about it getting hit, as long as we have a proper system or method we follow diligently.
Yes i Agree with wisp bhai !!! data is vital for learning a system,as lot depends on this data for our trading decision,it may not be much important if your are following 15 mins and above ,but for 5min and 3 min data should be reliable...my 2 cents
 

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