Intuitions about trading .

rajsumi121

Well-Known Member
#31
exited at cost to cost .... went down till 418.25 ... but not hit target of day low ...strategy failed .
but worked great today .. copper low 413.40 today ... have to check for 100 more trades at least .. already checked around 10-12 times ... never failed .. but failed in yesterday intraday ..
 

rajsumi121

Well-Known Member
#32
exited at cost to cost .... went down till 418.25 ... but not hit target of day low ...strategy failed .
but worked great today .. copper low 413.40 today ... have to check for 100 more trades at least .. already checked around 10-12 times ... never failed .. but failed in yesterday intraday .. I will check if it can become a intra + btst/stbt strategy .:clapping::clapping::clapping:
 

TraderRavi

Gayi Bhains Pani Mein
#33
same here............the reason is we look for breakouts and breakdowns, while BDF & BOF % is quite higher............:mad:
range breakout mindset is good for once in a while, generally nifty is rangebound , so buy low , sell high is good in this case.........
yesterday burnt twice, once shorted @ lower range sensing BD, then bot @ top for BO , both failed......:annoyed:
 

rajsumi121

Well-Known Member
#34
yesterday burnt twice, once shorted @ lower range sensing BD, then bot @ top for BO , both failed......:annoyed:
I don't think you worked on that strategy ravi bhai .... you worked on normal price behavior .... strategy is about real example copper of day before yesterday = in morning made low 417.40 ...after that went to 423.35 ... but then start slipping down ... around 70 % of total day range = 4 rs .... so we can short at 423.35-4= 419.35 for target of 417.40 ..... I shorted the same ..copper went to 418.25 after that but not met target ... next day mens yesterday copper made low of 413 something in 1 session ... means if anyone carried their short achieved their target .:)
 

rajsumi121

Well-Known Member
#35
My intution is very simple. and works out... if i trade against my friends position, i will make extradinary profit

i will earn more lakhs per month

or

if we trade against newbie trader method, we will always make profit
how to trade against newbie ....where to find such friend who share his trading decisions .
 

rajsumi121

Well-Known Member
#36
never buy a stock which is making new high again & again in 1st hourly candle + trading near resistance line ....although sell that stock with stoploss above resistance line with minimum risk-reward of 1:2 (only for intraday )


never sell a stock which is making new low again and again in 1st hourly candle + trading near support line ....although buy that stock with stoploss below support line with minimum risk:reward of 1:2 .

Note - use 30 min candle in nse to trade with this setup ...& 60 min for commodity .


possible example = copper resistance 446-449 ...... copper can touch new high again n again in today's opening session .
 
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rajsumi121

Well-Known Member
#37
When stock/commodity is in trend - how to escape our selves to trade against trend ...


After 7 green/red candle in a row ...or continue touching higher high/lower low ...I assume a trend ...

Trade possibilities in bullish scenario - never sell a bullish stock in that condition until it won't break low of 2nd candle .

Which is 2nd candle = A candle which is just below that candle which made highest price in that trend .
 

rajsumi121

Well-Known Member
#38
trade setup 5- when any commodity gap up open above 1.5 % .... then buy @ opening bell for 200 points in silver - 20 points in crude - 20 points in nifty - with risk-reward of 1:1
i will buy 1 mini silver at opening bell today ..stoploss-200 points ..target- 200 points .( according to above said strategy)
 

rajsumi121

Well-Known Member
#40
- when a commodity which made any high/low in morning session ..after that later in trading day if that level high/low broke with little margin then take trade against ...if break with good margin then that new level ( high or low) will touch again ... don't trade opposite .
 

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