no one going to earn even single rupee day trading

[abhiwhy]

How much you are paying monthly for esignal rt service ?

3000 / month

 

[sunrad]

Dear Abhi,

Thanks for your quick and prompt reply and also for the beautiful clarification.
Will definetly try and practice this technique.

Once again thanx for the advice.

Cheers

 

[abhiwhy]

Also, what time frame you use/recommend for the Di crossovers?
Thanks , nice helpful thread. if you can post 1 EOD chart , it would be helpful.

i have exhausted all my uploading limit on another thread i run, i will manage some solution for u next day .

 

[abhiwhy]

Also, what time frame you use/recommend for the Di crossovers?
Thanks , nice helpful thread. if you can post 1 EOD chart , it would be helpful.

here is the link ,remove spaces and download the picture ,its in amibroker , 5 minute candle
h t t p:/ /ww w.4 s h a r e d .c o m /file/128092860/4d04a18d/AMI_CHART_BPCL.html
happy trading
abhi

 

[manojsahu175]

why u gave so stress to never have the brokerage exceed 2 paise... if one can not have ability to open such trading a/c which offers 2 paise or low brokerage coz they(Broking firm) also demand for such costly plans like 15000 to 30000 PA.. and WHY NOT HAVE 2.5 PAISE BROKG A/C WITH 2500 TO 5000 PA PLAN...
SUGGEST WHICHEVER IS BETTER..

 

[pride1760]

hi
can you tell your exact setup so i can also trade in a similar manner.
I understand that you have metastock professional/amibroker with data feed from esignal

Which broker do u use? how much brokerage is charged? how to get 10 times leverage?

Which stocks do you track and trade with this method?

 

[pride1760]

kindly reply

 

[abhiwhy]

hi
can you tell your exact setup so i can also trade in a similar manner.
I understand that you have metastock professional/amibroker with data feed from esignal

Which broker do u use? how much brokerage is charged? how to get 10 times leverage?

Which stocks do you track and trade with this method?

i am presently using indiainfoline u could get 0.02 % intraday, 0.20% delivery with 12 times(default) exposer (expendable upto 20 times ) , presently a/c opening is free at present time with annual maintainance charge of 250 or around 550 of a/c opening charge and lifetime free a/c , also , it provides good terminal and its order execution is probably fastest in india . it also provides 4 timmes exposer for delivery (remember its quite risky and i always avoid it ).you don't even need to maintain huge deposits in a/c u could only keep 2000 , its enough .

now i m replying to manish also , u r free to use 2.5 , 3, 4,5,6,7,paise or whatever u want but remember ur profit target is very less , lesser the transaction cost higher would be profit , but don't go for very less brokrage charging farms ,like r money , because after opening such a/c u will say ITNE PAISE MAIN ITNA HI MILEGA , as my sister earlier did .
0.02 is a standard brokrage figure neither very costly nor very cheap .and all good service providers are providing services at these rates .


i have 3 a/c 1st opened ,religare 2nd opened indiabulls , 3rd and present indiainfoline .
if u r not finding any rm with such rates mention ur emails i will tell my rm to talk to u and send u forms if u interested, if u could manage urselves then its okey .

happy trading
abhi

 

[manojsahu175]

ok ok..
One more question to all seniors n fellow members...
Que.- What should be the least speed of internet connection required to run terminal and data feed in proper and efficient manner...
Kindly mention the more than enough speed..
ThanX a Million for reply...reply soon

 

[prabit]

it is a tem of technical indicator if you have any solution for intraday tick chart(better if u have one day previous data )
there are various softwares such as metastock , amibroker or f chart and various data feeding solution better u see data feeder section in traderji and software section also, there are two indicators named di+ and di- and they can be drawn with any period such as 14 period 15 period 30 or whatever u want .

Thanks a lot abhi for posting a profitable strategy and successfull trading.But I have not understood the system. Pl help me to understand. I shall raise query one by one. Pl explain what is di+and di-. I have heart about indicator macd,rsi, stoch,BB,but never heard about these two. Ofcourse I am a newbie.
regards
prabit