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sharmasanjeet
White Belt
Joined: 25 Jul 2009
Posts: 28
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Post: #2011  Posted: Tue Feb 11, 2014 10:35 am Post subject: |
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Thanks for your suggestion.
I think I will go with KingKrunal's MM as this suits my profile and also I use this as my Money Management.
Because suppose if continuous 3 - 4 loosing trade has been made due to consolidation, I should be in a relaxed mental state. As per me I cannot risk 2 lots of LEAD on 1 lakh.
Please do not take anyone personnel, as it is my way of being comfortable with money.
I just wanted to knew , should I change my money management rule.
I decided I should stick to my rule only.
Thanks both of you for your replies...
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marimuthu13
White Belt
Joined: 30 Aug 2011
Posts: 212
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| Post: #2012 Posted: Tue Feb 11, 2014 11:11 am Post subject: |
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| sharmasanjeet wrote: | Thanks for your suggestion.
I think I will go with KingKrunal's MM as this suits my profile and also I use this as my Money Management.
Because suppose if continuous 3 - 4 loosing trade has been made due to consolidation, I should be in a relaxed mental state. As per me I cannot risk 2 lots of LEAD on 1 lakh.
Please do not take anyone personnel, as it is my way of being comfortable with money.
I just wanted to knew , should I change my money management rule.
I decided I should stick to my rule only.
Thanks both of you for your replies... |
yes ..good decision taken.. after all its your comfort level and your money..
happy trading
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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| Post: #2013 Posted: Tue Feb 11, 2014 11:13 am Post subject: |
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yes true that quick booking out it is ok.. but u never know there are scenarios where whips are a bit very stringent... you may not even get the 30 paisa and end up being in loss for 2 lots ..
also just for info.. what mm you use in lead as of now ??
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sharmasanjeet
White Belt
Joined: 25 Jul 2009
Posts: 28
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| Post: #2014 Posted: Tue Feb 11, 2014 12:22 pm Post subject: |
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I should have 20% value of contract in cash which is kept either with broker or in banks.
If it reduces then I have to reduce the lot and vice versa. I trade in LEADMINI with
4 - 5 contract as of now.
The above which I have stated is only for Futures.
If trading in cash I should have 100% of money.No delivery trading on margin money.
This is the rule which I have defined for myself.
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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| Post: #2015 Posted: Tue Feb 11, 2014 3:18 pm Post subject: |
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| sharmasanjeet wrote: | I should have 20% value of contract in cash which is kept either with broker or in banks.
If it reduces then I have to reduce the lot and vice versa. I trade in LEADMINI with
4 - 5 contract as of now.
The above which I have stated is only for Futures.
If trading in cash I should have 100% of money.No delivery trading on margin money.
This is the rule which I have defined for myself. |
good one.. stick to it and dont play with it... i keep around 70% cash including the margin amount for any commo...
anyone with the charts ??? icharts wont work in my office... as still SUPERTREND is not available in LIVE charts and platinum will not work due to some firewall issue.... 
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sharmasanjeet
White Belt
Joined: 25 Jul 2009
Posts: 28
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| Post: #2016 Posted: Tue Feb 11, 2014 5:13 pm Post subject: |
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Hi KingKrunal
I was going to the thread and found that you are in need of supertrend Indicator.
If ATR is available in whatever charts you use,. It is very easy to calculate the SuperTrend.
Even ATR is easy to calculate, which you can google.
Just google it, you have to do a little excel based calculation and then you are ready with
Super Trend Indicator in your excel and this can help you in your office, and at home you can
use your regular ichart subscription.
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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| Post: #2017 Posted: Tue Feb 11, 2014 5:25 pm Post subject: |
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| sharmasanjeet wrote: | Hi KingKrunal
I was going to the thread and found that you are in need of supertrend Indicator.
If ATR is available in whatever charts you use,. It is very easy to calculate the SuperTrend.
Even ATR is easy to calculate, which you can google.
Just google it, you have to do a little excel based calculation and then you are ready with
Super Trend Indicator in your excel and this can help you in your office, and at home you can
use your regular ichart subscription. |
Thanks ... let me search that also please upload here if you have prepared the excel ... i will upload once i find it 
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sharmasanjeet
White Belt
Joined: 25 Jul 2009
Posts: 28
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| Post: #2018 Posted: Tue Feb 11, 2014 6:07 pm Post subject: |
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I was working on this but left half the way only.
I can try by weekend to calculate the same 
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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rohan.sharma
Yellow Belt
Joined: 16 Oct 2012
Posts: 856
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| Post: #2020 Posted: Fri Feb 14, 2014 11:26 am Post subject: |
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i am back in city will search for entry from monday....
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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| Post: #2021 Posted: Fri Feb 14, 2014 11:40 am Post subject: |
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| rohan.sharma wrote: | i am back in city will search for entry from monday....
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welcome back... pls post the charts bro... there were few whips in my charting software
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rohan.sharma
Yellow Belt
Joined: 16 Oct 2012
Posts: 856
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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kingkrunal
White Belt
Joined: 22 Jun 2012
Posts: 498
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| Post: #2024 Posted: Mon Feb 17, 2014 2:49 pm Post subject: |
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| any entries today in lead / alum ?
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rohan.sharma
Yellow Belt
Joined: 16 Oct 2012
Posts: 856
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| Post: #2025 Posted: Wed Feb 19, 2014 4:04 pm Post subject: |
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