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DOUBLE MAJA TRADING SYSTEM |
Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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Post: #1  Posted: Thu Nov 24, 2011 12:53 pm Post subject: DOUBLE MAJA TRADING SYSTEM |
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Hi all,
to save myself from posting APC regularly for different users in SB, I am starting this thread to post my APCs (APC means actual point of change in trend or Stop and reverse points)
I just trade 3 stocks together at max. Currently trading RECLTD, EDUCOMP and HDIL.
I always trade FUTURES and hence will always post FUTURE prices.
Current positions and APC
- REC short from 184 APC 185.25
- Educomp longs from 178 APC 175
- HDIL short from 90.50 APC 64.60
Cheers |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #2 Posted: Thu Nov 24, 2011 1:20 pm Post subject: |
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| will u explain apc, plz ??? |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #3 Posted: Thu Nov 24, 2011 1:30 pm Post subject: |
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| sonila wrote: | | will u explain apc, plz ??? |
APC to be used as Stop and Reverse (SAR)
If APC is hit, close current position and open opposite position.
Cheers |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #4 Posted: Thu Nov 24, 2011 1:31 pm Post subject: Re: DOUBLE MAJA TRADING SYSTEM |
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| Alchemist wrote: | Hi all,
to save myself from posting APC regularly for different users in SB, I am starting this thread to post my APCs (APC means actual point of change in trend or Stop and reverse points)
I just trade 3 stocks together at max. Currently trading RECLTD, EDUCOMP and HDIL.
I always trade FUTURES and hence will always post FUTURE prices.
Current positions and APC
- REC short from 184 APC 185.25
- Educomp longs from 178 APC 175
- HDIL short from 90.50 APC 64.60
Cheers |
APC reivsed for Educomp
- Educomp longs from 178 APC 179
Cheers |
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amit0666
White Belt
Joined: 23 Jun 2010
Posts: 86
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| Post: #5 Posted: Thu Nov 24, 2011 2:09 pm Post subject: |
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| plz explain properly |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #6 Posted: Thu Nov 24, 2011 2:40 pm Post subject: |
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APC mean SAR.
SAR means Stop and reverse.
SAR is like SL ... when SL is hit we exit our current position. For example Nifty trading at 5000. We longs with SL 4950 .. it means if 4950 is hit we exit our longs.
However if we make 4950 as SAR (APC) .. it means that if 4950 is hit we exit longs and immediately short nifty. So if we long one lot nifty at 5000, we put a stop loss order at 4950 for 2 lots.
This will mean that if 4950 is hit, we will end up with 1 lot short net.
Cant explain more than this.
Cheers |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #7 Posted: Thu Nov 24, 2011 2:44 pm Post subject: Re: DOUBLE MAJA TRADING SYSTEM |
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HDIL APC hit. Short coevered at 64.60 and longs taken immediately. booked 28 points profit in HDIL (56K profit per lot).
Updated positions below:
- REC short from 184 APC 185.25
- Educomp longs from 178 APC 179 (Currenlty trading at 190)
- HDIL long now at 64.60 APC 63.90
Cheers |
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amit0666
White Belt
Joined: 23 Jun 2010
Posts: 86
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| Post: #8 Posted: Thu Nov 24, 2011 3:09 pm Post subject: |
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| Alchemist wrote: | APC mean SAR.
SAR means Stop and reverse.
SAR is like SL ... when SL is hit we exit our current position. For example Nifty trading at 5000. We longs with SL 4950 .. it means if 4950 is hit we exit our longs.
However if we make 4950 as SAR (APC) .. it means that if 4950 is hit we exit longs and immediately short nifty. So if we long one lot nifty at 5000, we put a stop loss order at 4950 for 2 lots.
This will mean that if 4950 is hit, we will end up with 1 lot short net.
Cant explain more than this.
Cheers |
how to calculate apc my dear sir |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #9 Posted: Thu Nov 24, 2011 3:35 pm Post subject: Re: DOUBLE MAJA TRADING SYSTEM |
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| Alchemist wrote: | HDIL APC hit. Short coevered at 64.60 and longs taken immediately. booked 28 points profit in HDIL (56K profit per lot).
Updated positions below:
- REC short from 184 APC 185.25
- Educomp longs from 178 APC 179 (Currenlty trading at 190)
- HDIL long now at 64.60 APC 63.90
Cheers |
All positions carried and rolled over to next series.
REC shorts this series closed at 181.65 hence Rs 2500 profit per lot M2M
Educomp longs this series closed at 193 so Rs 7500 profit per lot M2M
HDIL longs this series closed at 65.90 so Rs 2600 profit per lot.
Amit - I intend to post 'what' the positions are and not 'how' or 'why' the trades are being taken. I do not intend to eloborate or explain the strategy used here. This is the trading journal section of the forum.
Cheers |
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opportunist
White Belt
Joined: 27 Apr 2010
Posts: 356
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| Post: #10 Posted: Thu Nov 24, 2011 3:48 pm Post subject: Re: DOUBLE MAJA TRADING SYSTEM |
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| Alchemist wrote: | | Alchemist wrote: | HDIL APC hit. Short coevered at 64.60 and longs taken immediately. booked 28 points profit in HDIL (56K profit per lot).
Updated positions below:
- REC short from 184 APC 185.25
- Educomp longs from 178 APC 179 (Currenlty trading at 190)
- HDIL long now at 64.60 APC 63.90
Cheers |
All positions carried and rolled over to next series.
REC shorts this series closed at 181.65 hence Rs 2500 profit per lot M2M
Educomp longs this series closed at 193 so Rs 7500 profit per lot M2M
HDIL longs this series closed at 65.90 so Rs 2600 profit per lot.
Amit - I intend to post 'what' the positions are and not 'how' or 'why' the trades are being taken. I do not intend to eloborate or explain the strategy used here. This is the trading journal section of the forum.
Cheers |
Amit keep watching the numbers. May be you will 'learn' how to calculate by observing the trend vis-a-vis the price movements.
Oppo |
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svkum
White Belt
Joined: 14 Feb 2007
Posts: 321
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| Post: #11 Posted: Thu Nov 24, 2011 6:28 pm Post subject: |
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| what is the set up for sar , is it std 20/2 , and which tf yu follow , althogh its applicable to any tf? |
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adsingh101
White Belt
Joined: 09 Nov 2010
Posts: 242
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| Post: #12 Posted: Thu Nov 24, 2011 6:59 pm Post subject: |
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| Which timeframe??? |
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ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
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| Post: #13 Posted: Thu Nov 24, 2011 7:09 pm Post subject: |
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| dear alchemist,cn u plz explain which strategy u follow,is it demand n supply theory of sam seiden |
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Alchemist
Yellow Belt
Joined: 09 Aug 2010
Posts: 853
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| Post: #14 Posted: Thu Nov 24, 2011 7:35 pm Post subject: Re: DOUBLE MAJA TRADING SYSTEM |
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| opportunist wrote: | | Alchemist wrote: | | Alchemist wrote: | HDIL APC hit. Short coevered at 64.60 and longs taken immediately. booked 28 points profit in HDIL (56K profit per lot).
Updated positions below:
- REC short from 184 APC 185.25
- Educomp longs from 178 APC 179 (Currenlty trading at 190)
- HDIL long now at 64.60 APC 63.90
Cheers |
All positions carried and rolled over to next series.
REC shorts this series closed at 181.65 hence Rs 2500 profit per lot M2M
Educomp longs this series closed at 193 so Rs 7500 profit per lot M2M
HDIL longs this series closed at 65.90 so Rs 2600 profit per lot.
Amit - I intend to post 'what' the positions are and not 'how' or 'why' the trades are being taken. I do not intend to eloborate or explain the strategy used here. This is the trading journal section of the forum.
Cheers |
Amit keep watching the numbers. May be you will 'learn' how to calculate by observing the trend vis-a-vis the price movements.
Oppo |
Absolutely - I would appreciate if people watch levels and learn  |
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ProTrader
Site Admin
Joined: 06 Jul 2008
Posts: 433
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| Post: #15 Posted: Thu Nov 24, 2011 8:01 pm Post subject: |
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Toh double majaa tum loge. Baaki sab ke liye single majaa.  |
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