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SP Day Trading Strategy(+1,000 points pm) |
nnitin
White Belt
Joined: 18 Jun 2008
Posts: 14
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Post: #421  Posted: Tue Nov 15, 2011 4:28 pm Post subject: Brokerage and Expenses |
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Mr. Parry,
How much brokerage and expenses you make on a trade. Because, My expenses are like this 0.03% brokerage and about 100 Rs as expenses. So I pay around 250 Rs. per trade.
If you are making 5 trades in a day and out of those only one is profitable, do not you think we are making broker rich.
Regards,
nnitin |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #422 Posted: Tue Nov 15, 2011 4:33 pm Post subject: |
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| Can anybody post today's chart with dma3 and sma45, plz.... |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #423 Posted: Tue Nov 15, 2011 4:39 pm Post subject: |
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| Nnitin, ur tot. Cost per trd will b only 98/ if u have rkglobal.net account. |
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smsmss
White Belt
Joined: 13 Oct 2009
Posts: 123
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| Post: #424 Posted: Tue Nov 15, 2011 5:12 pm Post subject: Re: Brokerage and Expenses |
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| nnitin wrote: | Mr. Parry,
How much brokerage and expenses you make on a trade. Because, My expenses are like this 0.03% brokerage and about 100 Rs as expenses. So I pay around 250 Rs. per trade.
If you are making 5 trades in a day and out of those only one is profitable, do not you think we are making broker rich.
Regards,
nnitin |
look it this way, it takes 5 points for you to break even in NF, where as for me only 2points. but most importantly its not our concern if the broker is getting rich, our concern is we should get rich. so concentrate on the strategy and dont look for daily profits, instead look for weekly or monthly profits. a simple startegy such as ema crossover can also give you good results and make you rich within a year. |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #425 Posted: Tue Nov 15, 2011 10:34 pm Post subject: |
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| Forex, plz mention ut today's trades, i mean the exit and entry prices with time.... Plz. |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #426 Posted: Tue Nov 15, 2011 10:40 pm Post subject: |
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| Manoshare, r u not trading now a days with this strategy ? If yes, then plz share ur trades. Somedays ago u shared a wonderful profit booking strategy and that is helping me a lot. |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #427 Posted: Wed Nov 16, 2011 9:04 am Post subject: |
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| hi gud mrng guys.... |
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Monita
White Belt
Joined: 09 Jul 2011
Posts: 10
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| Post: #428 Posted: Wed Nov 16, 2011 9:29 am Post subject: help |
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| Hi, I am new to this forum, should I initiate the short trade at 9.30.....please advise |
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amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
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| Post: #429 Posted: Wed Nov 16, 2011 9:41 am Post subject: Re: help |
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| Monita wrote: | | Hi, I am new to this forum, should I initiate the short trade at 9.30.....please advise |
yes..you can take decision as per strategy...but before taking decision at 9.30 , please make sure that you have read and understood instructions |
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Monita
White Belt
Joined: 09 Jul 2011
Posts: 10
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| Post: #430 Posted: Wed Nov 16, 2011 9:47 am Post subject: |
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| thanks ! In this kind of gap down market and also when SMA and DMA crossover is far....how to trade? Please Advise |
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amolvpatankar
White Belt
Joined: 23 Jun 2011
Posts: 104
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| Post: #431 Posted: Wed Nov 16, 2011 9:54 am Post subject: |
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| Monita wrote: | | thanks ! In this kind of gap down market and also when SMA and DMA crossover is far....how to trade? Please Advise |
Please go through each and every page..you will yourself understand ..the rules are clearly mentioned by Mr.PARRAY..and I would also like to tell you that..to start with if you are new, then do paper trading or trading with just one lot till you believe in yourself and the strategy...this would help u a lot.. |
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Monita
White Belt
Joined: 09 Jul 2011
Posts: 10
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| Post: #432 Posted: Wed Nov 16, 2011 10:51 am Post subject: |
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| can someone post the trade till now (if any), thanks |
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forexmoney
Yellow Belt
Joined: 19 Oct 2011
Posts: 851
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| Post: #433 Posted: Wed Nov 16, 2011 11:00 am Post subject: |
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| solded at 5027 and covered at 5008 as per 9.55 signals strategy |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #434 Posted: Wed Nov 16, 2011 11:12 am Post subject: |
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| Forex, plz mention the time when u sold and when u covered, i want to cross check the timings. |
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parray
White Belt
Joined: 04 Oct 2010
Posts: 102
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| Post: #435 Posted: Wed Nov 16, 2011 11:15 am Post subject: Re: Brokerage and Expenses |
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nni, this is not every day situation. as per my knowledge this is one of the day in months where we had 5 calls in 4 mnt tf.
i am paying brokerage 30 rs per lot . it is not that high so still in profit.
4988 is buying range target is 5085. take buy signal above that.
happy trading...
| smsmss wrote: | | nnitin wrote: | Mr. Parry,
How much brokerage and expenses you make on a trade. Because, My expenses are like this 0.03% brokerage and about 100 Rs as expenses. So I pay around 250 Rs. per trade.
If you are making 5 trades in a day and out of those only one is profitable, do not you think we are making broker rich.
Regards,
nnitin |
look it this way, it takes 5 points for you to break even in NF, where as for me only 2points. but most importantly its not our concern if the broker is getting rich, our concern is we should get rich. so concentrate on the strategy and dont look for daily profits, instead look for weekly or monthly profits. a simple startegy such as ema crossover can also give you good results and make you rich within a year. |
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