Learning Group -VIJAYWADA

[XRAY27]

Bro if i am not wrong you mean when trying to learn one must only keep eye on price action
And how to do that Bro My knowledge is low on TA sorry for asking too many questions Jai Ram Ji KI God bless us all

Dear praveen bhai,

There is thread on price action by Anil s trivedi..pls go through this for basic understanding Jai ram ji ki

http://www.traderji.com/technical-analysis/70583-reading-price-action.html

 

[niftyoption]

REAL LEADER AND STATESMAN

Name :Narasimha Reddy

* 2 Times M.L.A.
* 21 YEARS IN POLITICS
* 300 ACRES DISTRIBUTED TO POOR PEOPLE
* SIMPLE LIVING

:clap::thumb::clapping:

 

[XRAY27]

If you have three bad opening trades,take your self out of market for the day

 

[XRAY27]

Don't let negative emotions encircle us

1.Trading is a stressful process,we will express many set backs,accept them and don't see the negative result of losses as a indication that you will not get success,instead react in positive way on all this negative results

2.We should turn our "FEAR OF LOSS" for learning,otherwise we will over trade to compensate the loss that we have suffered

2.Succesful traders do not blame their decisions on any one ,they accept there mistakes and learn lot from them

 

[niftyoption]

After so much austerity, I have understood this as the real truth— God is present in every jiva; there is no other God besides that, 'Who serves jiva, serves God indeed

SWAMY VIVEKANANDA JI

 

[XRAY27]

Points you must remember :

1. Reading charts is not about trying to determine whether stock is "cheap" or "expensive" but timing a stock's rise or fall

2. "Buy and hold makes you rich" is myth.

3. Timing your entry and exit is what makes you rich

 

[suri112000]

Present position

SBIN futures LTP 2543
SBIN Call 2600 strike LTP 32.45

Profit on SBIN futures = 49 points
Loss on Call = 12.5 points

Net Gain = 49-12.5 = 36.5 points

Exit SBIN futures and SBIN call 2600 strike at current prices.

 

[XRAY27]

3 Simple rules to draw perfect support and resistance levels

Rule No. 1: The market needs to get rejected at least twice from the level (not one, twice).

Rule No. 2: The more rejections the level has, the more important it becomes

Rule No. 3: Most recent rejections are more important than less recent rejections

A chart is worth a thousand words

 

[XRAY27]

Today trade/s in Nifty future.......


30 MIN HTF

5 MIN LTF

LTF chart was up above our 7900 maxpain level so i was bullish for the day even it is a gap of 100 pts from previous day

Once NF moved below 7900 level entered short trade/s but not fruitful

I MIN TTF

CHART IS SELF EXPLANATORY..WHICH RESULTED IN LOSS OF 7 PTS MTM WITH ALL COST 15 PTS LOSS

 

[columbus]

REAL LEADER AND STATESMAN

Name :Narasimha Reddy

* 2 Times M.L.A.
* 21 YEARS IN POLITICS
* 300 ACRES DISTRIBUTED TO POOR PEOPLE
* SIMPLE LIVING

One such politician who comes to my mind is ,ex-PM of India ,Late P.V.NasimhaRao.