General Trading Chat

Wow !!!using 3 softwares and 3 data providers for your trades...Please throw some light on using these softwares @a time....

:clapping::clapping::clapping::thumb:

key stock working here

Systrader,

Longs zinda hai ya tum bhi short kar liye?

Nothing wrong brother. Each & every data can be tweaked to fulfil the diff needs.

In your case, let me give you a few scenario :

- 1st trader trades BO of 1st 15 min and then later his strategies is based on Hourly candle. In such scenario keeping 8:30 will serve is purpose.

- 2nd trader trades BO of 1st Hourly candle (9:15-10:15). For him this is the correct setting. Or lets say that person trades swing, then this is the correct setting.

- Someone trading based on candle patterns, it will make big difference because OHLC will vary and therefore the candles will form differently. (again candles are no 100% confirmation.)

- Some traders have some AFL based method which requires first 15 min range, high low etc.

Now who will this may not matter - someone trading pivots. Lets say I trade 5 min pivots. It won't matter to me because the pivots high/low will not change coz of the data.


So going back to my original point. It really depends on what is your methods of trading. If you trade is not based on ORB or some AFL etc, you should always keep market open time - market close time.

Hope this clarifies

My sincere thanks to you, for making it simpler :thumb:

No light to throw. Only money to throw away on 3 vendors

On a serious note, Sometimes computers crash, Data doesnt refresh, Internet stops so as a full time trader, its always good to have back up. Thats all there is to it.

Beware!!!!!! 2 PM

Just observing now,looks like a sell setup.

I am still long and I am sure to get my targets, in the meanwhile I added some more.
BTW, I am not a day trader, though sometime I use to play intraday, as well,