Trading

Tricks for intraday trading


Discuss Tricks for intraday trading at the Advanced Trading Strategies within the Traderji.com;Hi friends .... Tricks can make lot of difference in your trading approach , I ...
Go Back  

Advanced Trading StrategiesDiscuss Advanced Trading Systems & Strategies.

Reply
31st July 2011, 05:35 PM
rajsumi121's Avatar

Member

 

Join Date: Nov 2009

Posts: 757

Thanks: 1,040

Thanked 848 Times in 408 Posts

Tricks for intraday tradingHi friends .... Tricks can make lot of difference in your trading approach , I want to post here my tricks of intraday trading and wants your tricks too in this thread , I am strictly intraday trader and non-aggressive investor .. in net shell ..END DAY WITH PROFIT is only aim of every intraday trader and with technical analysis we need more things , tricks to improve our trading success ratio . here is my 1st trick ..... 1. only 3 trade in a day . 2. let's assume we trade in nifty future . 3. risk -reward will be 1:1.2 for every trade . 4 . 1st trade with one lot .. let's assume that target hit in 1st trade then 2nd trade also with one lot .. assume target hit once again .. cheersss .. then close your system and enjoy ( no more trading for day ) 5. but in 1st trade if stoploss got hit then in 2nd trade please trade with 2 lots .. oh no .. but if 2nd stop also got hit then in 3rd trade ..please trade with 4 lots .... if this time target hit ... you got profitable day again .. cheersssss .. but their is no guarantee that 3rd time target will hit .. but we can assume as a professional trader we can be right with at least 35-40% success ratio . 6. We need profitable day on regular basis ... after practice more and more we can increase our volumes to gain more from market .

I dont know above written thread is good enough or its just my foolishness.. Please bear with me and correct me if any silly mistake from my side .

Advertisements

Reply With Quote The Following 3 Users Say Thank You to rajsumi121 For This Useful Post: ARV (3rd August 2011), gurmy (31st July 2011), VJAY (31st July 2011) 31st July 2011, 06:32 PM

Member

 

Join Date: Apr 2011

Posts: 33

Thanks: 79

Thanked 20 Times in 13 Posts

Re: Tricks for intraday trading

hi,
sounds good,let us hear more

Reply With Quote The Following User Says Thank You to gurmy For This Useful Post: rajsumi121 (31st July 2011) 31st July 2011, 07:05 PM

Member

 

Join Date: Jun 2008

Posts: 6,188

Thanks: 19,271

Thanked 12,673 Times in 4,152 Posts


Re: Tricks for intraday trading

Adding to it....In intraday if our predefined Risk amount loss in a scrip(here I say NF)then stop trades for that day...Which I maintain in all type of trades...

Reply With Quote The Following 2 Users Say Thank You to VJAY For This Useful Post: gurmy (3rd August 2011), rajsumi121 (31st July 2011) 1st August 2011, 07:58 AM

Member

 

Join Date: May 2005

Posts: 1,448

Thanks: 1,374

Thanked 1,436 Times in 692 Posts

Re: Tricks for intraday trading

Quote:

Originally Posted by rajsumi121 Hi friends .... Tricks can make lot of difference in your trading approach , I want to post here my tricks of intraday trading and wants your tricks too in this thread , I am strictly intraday trader and non-aggressive investor .. in net shell ..END DAY WITH PROFIT is only aim of every intraday trader and with technical analysis we need more things , tricks to improve our trading success ratio . here is my 1st trick ..... 1. only 3 trade in a day . 2. let's assume we trade in nifty future . 3. risk -reward will be 1:1.2 for every trade . 4 . 1st trade with one lot .. let's assume that target hit in 1st trade then 2nd trade also with one lot .. assume target hit once again .. cheersss .. then close your system and enjoy ( no more trading for day ) 5. but in 1st trade if stoploss got hit then in 2nd trade please trade with 2 lots .. oh no .. but if 2nd stop also got hit then in 3rd trade ..please trade with 4 lots .... if this time target hit ... you got profitable day again .. cheersssss .. but their is no guarantee that 3rd time target will hit .. but we can assume as a professional trader we can be right with at least 35-40% success ratio . 6. We need profitable day on regular basis ... after practice more and more we can increase our volumes to gain more from market .

I dont know above written thread is good enough or its just my foolishness.. Please bear with me and correct me if any silly mistake from my side .

rajsumi, Is it a copy,paste from someother site(italkcash) or u were the contributor there also. Whatever it is,yr sharing of knowledge is welcome & appreciated.

Pl continue

Reply With Quote 1st August 2011, 09:10 AM
rajsumi121's Avatar

Member

 

Join Date: Nov 2009

Posts: 757

Thanks: 1,040

Thanked 848 Times in 408 Posts

Re: Tricks for intraday trading

Quote:

Originally Posted by rangarajan rajsumi, Is it a copy,paste from someother site(italkcash) or u were the contributor there also. Whatever it is,yr sharing of knowledge is welcome & appreciated.

Pl continue


I dont know about any website , it might be possible that any other person think in same way .. because its not very big thing ..just very common trick .. I am having many more tricks like this .. Doesn't it means I steal from anywhere .. I don't want any kind of publicity in TJ .. by any kind of copy paste practices . but I only want to improve my trading skills .Reply With Quote The Following 3 Users Say Thank You to rajsumi121 For This Useful Post: 1st August 2011, 06:25 PM

Member

 

Join Date: May 2005

Posts: 1,448

Thanks: 1,374

Thanked 1,436 Times in 692 Posts

Re: Tricks for intraday trading

Quote:

Originally Posted by rajsumi121

I dont know about any website , it might be possible that any other person think in same way .. because its not very big thing ..just very common trick .. I am having many more tricks like this .. Doesn't it means I steal from anywhere .. I don't want any kind of publicity in TJ .. by any kind of copy paste practices . but I only want to improve my trading skills .

Hmm .Coincidence.
http://www.italkcash.com/forum/news-...y-trading.htmlReply With Quote 1st August 2011,

06:48 PM

SavantGarde's Avatar

Member

 

Join Date: Oct 2006

Location: India

Posts: 12,314

Thanks: 22,085

Thanked 52,011 Times in 9,456 Posts


Re: Tricks for intraday trading Rajsumi, I have just checked the link given by Rangarajan.... must say I am not convinced by your clarification.... because it is exactly as presented in the other Link.... This thread shall be Closed/Deleted

Please keep the Forum Rules in mind while posting or starting a thread.... Internet is not as vast as you may think....

SavantGarde

Moderator

Reply With Quote The Following User Says Thank You to SavantGarde For This Useful Post: rangarajan (1st August 2011) 1st August 2011, 07:44 PM
SavantGarde's Avatar

Member

 

Join Date: Oct 2006

Location: India

Posts: 12,314

Thanks: 22,085

Thanked 52,011 Times in 9,456 Posts


Re: Tricks for intraday trading Only reason the thread has been opened is because I want an open debate to come to a proper resolution for this thread.... Rajsumi's contention is that he started it first and the other person has copied his thread...It was already checked when I decided to close this thread earlier... Moreover I don't want to carry on with this debate through PM....

After having checked the poster in the other link provided by Rangarajan...It is a distinct possibility that he is also copying it from elsewhere....

Moderator

Reply With Quote The Following 2 Users Say Thank You to SavantGarde For This Useful Post: rajsumi121 (1st August 2011), rama_1000 (2nd August 2011) 1st August 2011, 07:58 PM
rajsumi121's Avatar

Member

 

Join Date: Nov 2009

Posts: 757

Thanks: 1,040

Thanked 848 Times in 408 Posts

Re: Tricks for intraday tradingThanks SG sir , but i dont want argue anymore with anyone ... He changed time of his thread i really dont have any idea how he did . 2. I never posted this thread anywhere else ( only trader ji ) 3. He did copy -paste from trader ji only . 4. In his thread website smiley ( emotions ) also appearing same like we copy paste smiley .. not like real one . 5. 2 smiley what i posted here 1 clap and 2 clapping ( these kind of smiley not in his website ) 6. you can check style of my writing in my all threads at trader ji .

I dont have much more clarification after this .... if you feel still i did any mistake then please banned me from Trader ji .

Reply With Quote The Following 3 Users Say Thank You to rajsumi121 For This Useful Post: gurmy (3rd August 2011), pav (2nd August 2011), rama_1000 (2nd August 2011) 1st August 2011, 08:57 PM

Member

 

Join Date: Jul 2007

Posts: 35

Thanks: 11

Thanked 11 Times in 6 Posts

Re: Tricks for intraday trading

Quote:

Originally Posted by rajsumi121 Hi friends .... Tricks can make lot of difference in your trading approach , I want to post here my tricks of intraday trading and wants your tricks too in this thread , I am strictly intraday trader and non-aggressive investor .. in net shell ..END DAY WITH PROFIT is only aim of every intraday trader and with technical analysis we need more things , tricks to improve our trading success ratio . here is my 1st trick ..... 1. only 3 trade in a day . 2. let's assume we trade in nifty future . 3. risk -reward will be 1:1.2 for every trade . 4 . 1st trade with one lot .. let's assume that target hit in 1st trade then 2nd trade also with one lot .. assume target hit once again .. cheersss .. then close your system and enjoy ( no more trading for day ) 5. but in 1st trade if stoploss got hit then in 2nd trade please trade with 2 lots .. oh no .. but if 2nd stop also got hit then in 3rd trade ..please trade with 4 lots .... if this time target hit ... you got profitable day again .. cheersssss .. but their is no guarantee that 3rd time target will hit .. but we can assume as a professional trader we can be right with at least 35-40% success ratio . 6. We need profitable day on regular basis ... after practice more and more we can increase our volumes to gain more from market .

I dont know above written thread is good enough or its just my foolishness.. Please bear with me and correct me if any silly mistake from my side .

This is the quickest and easiest way to poor house. First of all, risk:reward ratio of 1:1.2 itself is very risky. It should not be less that 1:2. Secondly adding or increasing trade size after a loosing trade is not so easy. It looks easy on forum posts but not when your money on line and when you have taken a hit. Moreover, you assume that one has got huge capital for increasing trade size even after going on loosing money, which in itself is a fallacy. Inshort, the ideas are injurious to your financial health.
Advertisements Reply With Quote The Following 3 Users Say Thank You to sandal wood For This Useful Post:
Reply

Bookmarks
  • Submit Thread to Digg Digg
  • Submit Thread to del.icio.us del.icio.us
  • Submit Thread to StumbleUpon StumbleUpon
  • Submit Thread to Google Google


Advertise Here


« Trading strategy Revealed | Nifty - Andrews pitchfork »

All times are GMT +5.5. The time now is06:00 AM .


Indemnity, Disclaimer & Disclosure Notice:
� By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned. � All names or products mentioned are trademarks or registered trademarks of their respective owners.

General Content Disclaimer Notice:


In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Category: Trading

Similar articles: