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BENCH MARK NIFTY..tgt acieved |
umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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Post: #31  Posted: Thu Oct 06, 2011 10:40 pm Post subject: Re: umesh |
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| MILANCHN wrote: | tgtst points not given at time of giving buy/sell callss.
culd u pl sspecify that also. |
Dear Milan
my benchmarks are valid for the day only,as i move with the nifty whichever direction it goes,do not enter straight at the first breach of my buy abv or sell belo points,if nifty breaches and stays abv or belo for 5 mins then only enter at the mentioned point,if it has jumped the level then wait as it has to come to the level for testing its support/resistance,for optimum returns trade with minimum 4 lots of nifty ,book 50% at first 15 points,remaining TSL at cost price ,later on keep trailing tgts with every 5 points gain.RISK/REWARD is your appetite,even if stoploss triggers the same nifty pays back by following the system,no compulsive trading in my system,if whole day or most of the day within the range no need to trade,trade only in trends
Regards,all the best,HAPPY NIFTYING |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #32 Posted: Fri Oct 07, 2011 9:31 am Post subject: |
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| BENCHMARK for the day Buy above 4920 sell belo 4900,1st tgt in sell is magic number 4888,we book profits where experts give call.Happy Trading |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #33 Posted: Fri Oct 07, 2011 12:28 pm Post subject: |
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Please check the experts comments on all channels ,how confused they are ,giving dream figures of both sides ,it has no meaning if anyone talks of 3900 now or 6000,naturally nifty has to go either way ,only few move with nifty day afterday achieving targets.Cheers  |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #34 Posted: Fri Oct 07, 2011 12:58 pm Post subject: Re: umesh |
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| umesh1 wrote: | | MILANCHN wrote: | tgtst points not given at time of giving buy/sell callss.
culd u pl sspecify that also. |
Dear Milan
my benchmarks are valid for the day only,as i move with the nifty whichever direction it goes,do not enter straight at the first breach of my buy abv or sell belo points,if nifty breaches and stays abv or belo for 5 mins then only enter at the mentioned point,if it has jumped the level then wait as it has to come to the level for testing its support/resistance,for optimum returns trade with minimum 4 lots of nifty ,book 50% at first 15 points,remaining TSL at cost price ,later on keep trailing tgts with every 5 points gain.RISK/REWARD is your appetite,even if stoploss triggers the same nifty pays back by following the system,no compulsive trading in my system,if whole day or most of the day within the range no need to trade,trade only in trends
Regards,all the best,HAPPY NIFTYING |
if for 20 pts tgt, we need to wait for 5 minutes above or below the given level, then we lose at least 10 pts of the intended tgt. |
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ConMan
White Belt
Joined: 06 Aug 2008
Posts: 344
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| Post: #35 Posted: Fri Oct 07, 2011 1:07 pm Post subject: |
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Vinst ... this is not a trading technique ... its GAMBLING ...  |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #36 Posted: Fri Oct 07, 2011 1:19 pm Post subject: |
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| ConMan wrote: | | Vinst ... this is not a trading technique ... its GAMBLING ... |
.Thanks for compliments and following this thread some day you will surely learn and earn with this strategy. this thread only for intraday traders not investors.Bottom line is achieved only by followers of this trading strategy  |
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veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
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| Post: #37 Posted: Fri Oct 07, 2011 1:26 pm Post subject: |
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umesh let u gamble dear... decide the loss... and stick on to yours...u can make it ...  bcoz u r not without stop loss ..... so let the people say its not techniq or buck nick... duck nick.... |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #38 Posted: Fri Oct 07, 2011 1:44 pm Post subject: |
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| veerappan wrote: | | umesh let u gamble dear... decide the loss... and stick on to yours...u can make it ... bcoz u r not without stop loss ..... so let the people say its not techniq or buck nick... duck nick.... |
OK Veera hence we shall say have a nice gambling day to Mr Conman ,God bless him
Regards |
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zritesh
White Belt
Joined: 03 Apr 2010
Posts: 53
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| Post: #39 Posted: Fri Oct 07, 2011 1:56 pm Post subject: |
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Dear Umesh,
I am following your thread from past few days but not able to understand your strategy.
if you can clarify few things:
* How you decide your entry and Exit
* How you decide your TSL and SL
*which time frame you use
Kindly clarify with the example.
Thanks in advance
Ritesh |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #40 Posted: Fri Oct 07, 2011 2:10 pm Post subject: |
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Dear All
my benchmarks are valid for the day only,as i move with the nifty whichever direction it goes,do not enter straight at the first breach of my buy abv or sell belo points,if nifty breaches and stays abv or belo for 5 mins then only enter at the mentioned point,if it has jumped the level then wait as it has to come to the level for testing its support/resistance,for optimum returns trade with minimum 4 lots of nifty ,book 50% at first 15 points,remaining TSL at cost price ,later on keep trailing tgts with every 5 points gain.RISK/REWARD is your appetite,even if stoploss triggers the same nifty pays back by following the system,no compulsive trading in my system,if whole day or most of the day within the range no need to trade,trade only in trends
Regards,all the best,HAPPY NIFTYING |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #41 Posted: Fri Oct 07, 2011 2:11 pm Post subject: |
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| TGTS after TGTs Thanks enjoy Niftying |
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zritesh
White Belt
Joined: 03 Apr 2010
Posts: 53
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| Post: #42 Posted: Fri Oct 07, 2011 2:39 pm Post subject: |
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Umesji
Query is how do you decide your buy or sell level
Regards
Ritesh |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #43 Posted: Fri Oct 07, 2011 2:49 pm Post subject: |
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| I just attempt to read traders mindset at various levels + TA,you can download the book on mindset from the thread of GANN |
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ConMan
White Belt
Joined: 06 Aug 2008
Posts: 344
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| Post: #44 Posted: Fri Oct 07, 2011 4:01 pm Post subject: |
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| umesh1 wrote: | | veerappan wrote: | | umesh let u gamble dear... decide the loss... and stick on to yours...u can make it ... bcoz u r not without stop loss ..... so let the people say its not techniq or buck nick... duck nick.... |
OK Veera hence we shall say have a nice gambling day to Mr Conman ,God bless him
Regards |
Yepp ppl ... if I use your system you should say have a nice gambling day only ...
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #45 Posted: Mon Oct 10, 2011 10:44 am Post subject: |
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| Bench marks for the day sell belo 4900 buy above 4920,nifty may remain in narrowband today so trade wisely |
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