General Trading Chat

vivektrader

In persuit of financial independence.
Thanks for the post, interesting idea on exits.
my exits are bad , need to work on it.
Managing the trade by going into a time frame lower than the trading time frame will lead to premature exits.
Entry is fine on a lower time frame but not the exit e.g. one may enter a swing trade by fine tuning on 3min, but will have to trail on hourly pivots (if hourly was trading setup timeframe).

Vivek
 

travi

Well-Known Member
Managing the trade by going into a time frame lower than the trading time frame will lead to premature exits.
Entry is fine on a lower time frame but not the exit e.g. one may enter a swing trade by fine tuning on 3min, but will have to trail on hourly pivots (if hourly was trading setup timeframe).
Vivek
Very well said :D
I was telling TR Bhai the same thing.
 

travi

Well-Known Member
today fii sales 627 crores.. dii buys 1116 crores.. almost double of fii sale figure.. But can market could go higher only on shoulder of dii??.. i very much doubt it..
This is post of yours about market going higher.

There are two types of Markets:
1. DM: Debt Market
2. EM: Equity Market

In each of 1 & 2,
there is
A. Primary Market
B. Secondary MArket

The Market that people generally refer to is 1B, ie. Secondary Equity Market

Only 1B contributes to Nifty and other Indices.
In fact the volume in Crores of DM is generally far more than EM.


Debt Market is mostly Govt Securities etc and not Stocks/Derivatives of you see.

NSDL doesn't disclose such data of DII everyday, maybe deferred data comes by months etc so you'll never know what DII did in detail like FPI.

On 11th January 2017, when you posted that data:
Look at the image below and you will understand actually how

Basically, what I'm trying to say is that the flat figures you post are not reflected on the Indices the way you are projecting.



source: https://www.fpi.nsdl.co.in/web/Reports/Monthly.aspx
nsdl collates all data at EoD.
 

HappyLife

Well-Known Member
Managing the trade by going into a time frame lower than the trading time frame will lead to premature exits.
Entry is fine on a lower time frame but not the exit e.g. one may enter a swing trade by fine tuning on 3min, but will have to trail on hourly pivots (if hourly was trading setup timeframe).

Vivek
Doing intraday
entry 3min TF
trail SL on hourly pivots (1 hour TF only 7 bar) ..... how
 
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