My holy grail Las vegas casino style day trading strategy

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Check the hourely Dow Jones now and you know why I am a bit pickled. :D:lol:
Verticle rise, steep fall and again rising............some Algo selling must have hit the market...or some wrong punching of huge order.....

Smart_trade
Yeah, while the market decides whether the jobless data is good or bad. If it's good, it's bad for the market (will hasten Fed tapering) etc.. etc..
 

DanPickUp

Well-Known Member
Yeah, while the market decides whether the jobless data is good or bad. If it's good, it's bad for the market (will hasten Fed tapering) etc.. etc..
Yea, now market is in sideways move. But my friend: How do you personally trade such events? Even if you are hedged, specially when done the hedge a short time ago, so the range is not fully protected, how would you handle your stop loss strategies under such conditions? No pickle question :lol::rofl:

Take care / DanPickUp
 

whisky

Well-Known Member
Oh!...I forgot that it was starting today...missed it..:annoyed:
It's the best reality show..
Best reality show is coming from 16 Sept, Big Boss:lol::lol::rofl:
 
Yea, now market is in sideways move. But my friend: How do you personally trade such events? Even if you are hedged, specially when done the hedge a short time ago, so the range is not fully protected, how would you handle your stop loss strategies under such conditions? No pickle question :lol::rofl:

Take care / DanPickUp
I am a scalper. I would place a Buy Stop order for Call or Put option and get out with 1-2 rupee profit on it (the trading cost is Rs. 0.40) and my initial sell order would be a Sell stop order Rs. 1 below the purchase price. I would trade nifty options priced in Rs. 50-65 range. Maybe I would repeat it multiple times. I would retire after 2 negative trades.

If the index proves to be too volatile, I would look at forex. Even I can't understand those moves as well, I would sit out.
 

DanPickUp

Well-Known Member
I am a scalper. I would place a Buy Stop order for Call or Put option and get out with 1-2 rupee profit on it (the trading cost is Rs. 0.40) and my initial sell order would be a Sell stop order Rs. 1 below the purchase price. I would trade nifty options priced in Rs. 50-65 range. Maybe I would repeat it multiple times. I would retire after 2 negative trades.

If the index proves to be too volatile, I would look at forex. Even I can't understand those moves as well, I would sit out.
@TP

Thanks for that view. Wondering about how others would do it, as the situation is really a ****** up one and to take the risk to be in it the full move down and up when not can be sure that any of your hedges are filled is absolute heavy and even devastating if it happens.

Take care / DanPickUp
 

whisky

Well-Known Member
Kya sunny leone phir se aa rahi hai kya usme :rofl::rofl::rofl::rofl:

Good night and sweet DREAMS!!!
:lol::lol:Flavor changed this time, Desi girl, Poonam Pandey is in news :lol::lol:
 

SexyTrader

Well-Known Member
:lol::lol:Flavor changed this time, Desi girl, Poonam Pandey is in news :lol::lol:
Yuck!! What an UGLY GIRL this Poonam Pandey is !! Which guy in his right mind wants to see such a waste !!
Such an UGLY GIRL ....everyone pucks seeing her anywhere !!
 

Taiki

Well-Known Member
Not live for yourself.............live for others......feel the deference.........:thumb:

http://www.youtube.com/watch?v=slM2C_WBVb8
Finally..........I trace her father...............with the help of my wife friend......Kokila Kotiwal.....she is also from Lucknow..........feeling very...good..... .........:thumb:
I generally don't give fund to anybody..........because some time it's mis-use....I already told...I donate direct food and cloths.....to the needy........every Saturday and Sunday I am doing it.........I love to see my donation enjoying Kid and old age, and needy people.....I never donate blindly........But Sushma case is exception........I never encourage to my friends........donate direct money.....to any NGO...mandir ,masjid,church,....to any fraud BABA..........Yes 100% donate...but.........direct to the people......and enjoy your donation......spent whole day in orphan home.....serve food...and cloth......and feel the difference...and meaning of our short life.........
Don't worry for Sushma.....:D.............I have many good news.....for her...1.Dr.Pathak ...a great social worker from Bihar.....will give her 5 lacs ...on next Sunday.......I will give 50k.tomorrow .....by.... secured hand.......(two semester cost).........Mr.kundu my friend from kolkata also helping big ....amount.....:thumb::thumb::thumb::thumb:
Dear Raj bhai,

You are not only an inspiration to me as a great trader, you are a great soul too.. I salute you brother.. :clapping::clapping:

Regards
Taiki
 
Enjoy...........holiday's guys..........BNF tired...........me also....tired......
 
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