Daily calls based on buy previous day high short sell previous day low

Karanm

Active Member
#61
1% for 50% stocks and balance 50% to 2% profit

eg.
if a buy 100 stocks of rs. 500 (prvs. day high)
then only trading day i buy 100 stocks @ 500-501 (above prvs. day high)
and book 50% means 50 stocks @505-506 and rest 50 for 510-511
Sir, what Success Ratio do we get in 100 Trades taken with this Statergy

Sir, can you Suggest some Startegy which gives Minimum 60% Success Ratio and Risk 1 & Reward 2 Ratio, may be for Intraday or Positional Trades.

Regards
Karan
 
#62
Sir, can you explain in datail what you mean by above words.
What time you suggest person should avoid taking Trade with this Statergy and which is the Best time to take Trade with this Statergy.

Regards
Karan
hai,
with due regards to AVD, i will explain,

take an example......say on 2nd aug 9 am nifty opens at 5401....goes to 5420..then keeps trading between 5405 to 5429.....till 11.30

then share AX opens at 908......goes to 917.....keeps trading between 910 to 919..till 11.30
see share AX 30 july....close at 904, high 925. low was 901
this means nifty and share AX are in an uptrend till this time

suddenly at 12.10 pm, market reverses trend,that means market start collapsing
nifty starts drifting down
then in this scenario try shorting share AX below 901....
give a sl 1% or as you like.....hold the short either till stop loss hit

or if the trade becomes successful, say sshare AX come down to 892
then you bring down SL to 901( yr sell price) and wait for further action or
you book 50% of yr order at 892...then wait for 1% more fall for another 50%.
as AVD rightly said if the reverse trend is strong you will get both the targets.
thanks....... keep stop loss immediately after trade execution
 

Karanm

Active Member
#63
MORE IMPORTANT THING IS THERE
ON SECOND HALF OF TRADING SESSION MEANS
if reversal takes place
then perfecy of this method really is near about 90%
AVD Sir, can you kindly explain in datail what you mean by above words.
What time you suggest person should avoid taking Trade with this Statergy and which is the Best time to take Trade with this Statergy.

Regards
Karan
 

kaly422000

Well-Known Member
#64
thanx for perticipating here.
day trading has become simplified today and it is easy to understand now with realtime charts . and realtime chart software is not costly if u can set up urself.
with simple set up of ema crosover (eg 3 and 6ema with 5m chart) visually u r more aware where entry and exit sud be.
 

Karanm

Active Member
#65
yeah i traded mostly in nifty future
put stop loss of 1% and book profit 50% @ 1% rest @ 2%
(i am trading from previous 1 month and making profit consistently in nifty future with this method)

believe me the thread given by sarlamonu1980
is georgeous

very sad to not c him here he is genious

where he gone

we have to find him
Sir,

In June & July how many Trades you got in Nifty Futures, How many Trades met the Target and how many had hit the Stoploss, Kindly update.
This information will be very useful for new comers.

Regards
Karan
 

kaly422000

Well-Known Member
#66
new comer sud not try future at all first and i never trade future i only trade cash but with help of chart, if u want serious trade try to adopt live chart if u have internet of ur own but start with low quantity after some paper trading.
and must have stop loss.
u have to exit early if u sense that ur trade is wrong.
 

Karanm

Active Member
#67
new comer sud not try future at all first and i never trade future i only trade cash but with help of chart, if u want serious trade try to adopt live chart if u have internet of ur own but start with low quantity after some paper trading.
and must have stop loss.
u have to exit early if u sense that ur trade is wrong.
Sir,

You had mentioned in one of your mails that there are many Trading Techniques & Statergies for Successful Trading and I had asked you for only One Technique / Statergy which can give Minimum Success Ratio of 60% and Risk 1 & Reward 2 Ratio, still I am waiting for your Technique / Statergy.

Regards
Karan
 

kaly422000

Well-Known Member
#69
i have given u in another thread in camerilla . see there . and here the stateji explian by adv also very use full. make a watchlist as describe by him like aban, arssinfra,relinfra,educomp etc and first try paper trade on that.
 
#70
no one is here to tell the success rate with 100% perfecy
might be 40% or 90% success rate

so giving u a strategy of 60% is impossible for anyone if any 1 u know pls. put here

I really thankful to u

searching of such a person
 

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