iCharts Discussions

[suresh12313]

intraday trading is the true test for ones capability.for example if i am to say tomorrows opening trade before market opening it will be purely probability because i do not know what kind of market set up will emerge.if today's set up continues it will fall otherwise it will rise.
in probabilistic prediction shows tomorrow will be bullish candle but actual can be understood only in market hours.
ultimate aim is to make profit and keep loss to minimum and whole world does this way only.

[suresh12313]

trading in nifty future is best because in case of rise buy and sell in case of fall and maximum potential is of 100 points in a day means daily earning capability of rs 5000/- but margin requirement is much more than option/stock trading.
i never believe in trading with huge amount .
intraday trading with stocks having high liquid like jaipra and more dlf has good fluctuations is preferable for quick entry and exit without much changes good for up to 1 lakh earning.
beyond that is option which can lead to up to 10 lakh earning beyond this one has to go for futures for bigger dream has reasonable potential of one crore per day .

[ProTrader]

Dear Suresh:

All is probability..infact even when you take a trade intra or positional, it all based on probabilities. May be some patterns or support or resistance or trendline or indicator or some level or price action (ye kya hota hian). Nothing is 100% in trading is universal truth (except your iCharts membership ).

So counting points is one different story and actually making those points is different. Many people (like me) dont even know simple TA too .I think to attract and keep folks interest sustained, you need to add some masala of analysis and not just profit corner. Trend Corner is more apt. But it is your topic and you have the right to keep it the way you want.

Regards..PT

Differentiate IT!

[suresh12313]

absolutely right the only point i understand is market condition can be understood more realistic is for half or one hour at best.
and intraday is only tool to maximize profit.Suppose there is no brokerage or tax one would like to make one paisa also and trade 500 times a day.
thanks for responding nicely.
every one is doing trending let me approach with different perspective it may help

[suresh12313]

do we know fii or dii entry or exit ? only insider knows and information leaking is illegal! they play haiyan! the only check is go real time trading.

[suresh12313]

Just like in war and football, investing is about offense and defense. It’s hard to find success with just one tactic. Cyclical and non-cyclical stocks should be part of your arsenal.

[apka]

Even the meteorologists who predicted the Cyclone to hit Odisha exactly where it did 3 days prior, when it was miles away, would also be hurt by your comment.

If patterns don't work, they wouldn't be on charts. But they are and they do work. One clear example is wolf waves, which I think most people here respect and follow.

[suresh12313]

only day trading
nr=nifty will rise
nf=nifty will fall
bp=book profit as per your limit


wait and see for indication

[suresh12313]

low or high pressure zone cyclone can be detected by satellite not the movement of stock market.let me concentrate on day trading.

[apka]

[suresh12313]

if i am to say today opening trade before market opening it will be purely probability because i do not know what kind of market set up will emerge.ifyesterday set up continues it will fall otherwise it will rise.
in probabilistic prediction shows today will be bullish candle but actual can be understood only in market hours.

[suresh12313]

nr

[suresh12313]

quit

[suresh12313]

nf

[suresh12313]

bp