Hello all
Is it possible to day-trade by gut feel (with some help from MA cross-overs) if I stick to only ONE or TWO large caps like HDFC And/Or Reliance? (Rule is to trade strictly between 10 am and 2 pm).
If yes, then which MAs to choose?
If in addition to MA only one indicator is to be chosen (want to keep it simple) then which one should it be?
The whole idea is to give 60-70% importance to gut-feel and only remaining imp to basic TA and stick to that FOUR HOURS window (We have seen many times that market goes haywire after 2 pm).
Is anybody on this forum doing this with success for three months or more?
Thanks
pos_trader
Is it possible to day-trade by gut feel (with some help from MA cross-overs) if I stick to only ONE or TWO large caps like HDFC And/Or Reliance? (Rule is to trade strictly between 10 am and 2 pm).
If yes, then which MAs to choose?
If in addition to MA only one indicator is to be chosen (want to keep it simple) then which one should it be?
The whole idea is to give 60-70% importance to gut-feel and only remaining imp to basic TA and stick to that FOUR HOURS window (We have seen many times that market goes haywire after 2 pm).
Is anybody on this forum doing this with success for three months or more?
Thanks
pos_trader