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Wealth Creation with Ankur |
anusantosh White Belt
Joined: 19 Jun 2011 Posts: 105
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Post: #91 Posted: Fri Jun 02, 2017 7:05 am Post subject: |
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Intraday with Nifty?! It must be in trend always. When it is in strong trend anybody can make money. If one trade intraday profitable like in last 2 days then he would be genius. Last 2 days you might have heard a word called 'consolidation' where market move is sideways and all day traders will be buying higher and selling lower and meeting with their small stoplosses every time. Find a strategy that suits you and have not more than 3-4 trades in a month with that strategy. You will gain confidence in the market.
Kedarjd wrote: | Thanks Again ,I will try to follow you from next move ,I tried lot of intra day trades and m taking lot of losses always scared to carry open positions ,now let try this one ,if it doesn't work for me then long meditation for me next ,Anyways appreciate sharing your knowledge |
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Kedarjd White Belt
Joined: 14 Sep 2010 Posts: 35
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Post: #92 Posted: Fri Jun 02, 2017 9:28 am Post subject: |
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Thanks for the word of encouragement , what I lack is discipline and its hitting me hard.
anusantosh wrote: | Intraday with Nifty?! It must be in trend always. When it is in strong trend anybody can make money. If one trade intraday profitable like in last 2 days then he would be genius. Last 2 days you might have heard a word called 'consolidation' where market move is sideways and all day traders will be buying higher and selling lower and meeting with their small stoplosses every time. Find a strategy that suits you and have not more than 3-4 trades in a month with that strategy. You will gain confidence in the market.
Kedarjd wrote: | Thanks Again ,I will try to follow you from next move ,I tried lot of intra day trades and m taking lot of losses always scared to carry open positions ,now let try this one ,if it doesn't work for me then long meditation for me next ,Anyways appreciate sharing your knowledge |
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Kedarjd White Belt
Joined: 14 Sep 2010 Posts: 35
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Post: #93 Posted: Fri Jun 02, 2017 9:29 am Post subject: |
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I understand what you are saying Ankur, thank you
ankur11_11 wrote: | Kedarjd wrote: | Thanks Again ,I will try to follow you from next move ,I tried lot of intra day trades and m taking lot of losses always scared to carry open positions ,now let try this one ,if it doesn't work for me then long meditation for me next ,Anyways appreciate sharing your knowledge |
I know nothing Kedar ... I simply know this .. I am a dumb in front of Market , so i do not play smart.
I accept my failure.
And day trading ! ... God save those friends... nothing more to say.
OM Namaha Shivaya |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #94 Posted: Fri Jun 02, 2017 2:29 pm Post subject: |
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So it is time for calculation for one lot profit booked last day as mentioned earlier.
Bought at 9490 and sold at 9624 = 134 points - 2 point for brkg = 132 points = 9900 in one lot.
Another buy position is intact ... and today's reversal point is june future closing below 9594 .. Closing below this means ... i will sell one buy position in hand ... and will sell 2 lot more for fresh sell position in coming days.
Till then ... sleep well.
Om Namaha Shivaya |
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Kedarjd White Belt
Joined: 14 Sep 2010 Posts: 35
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Post: #95 Posted: Fri Jun 02, 2017 9:55 pm Post subject: |
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Thanks Ankur have a good weekend
ankur11_11 wrote: | So it is time for calculation for one lot profit booked last day as mentioned earlier.
Bought at 9490 and sold at 9624 = 134 points - 2 point for brkg = 132 points = 9900 in one lot.
Another buy position is intact ... and today's reversal point is june future closing below 9594 .. Closing below this means ... i will sell one buy position in hand ... and will sell 2 lot more for fresh sell position in coming days.
Till then ... sleep well.
Om Namaha Shivaya |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #96 Posted: Mon Jun 05, 2017 3:29 pm Post subject: |
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Holding long ... just staying with the trend ... not too optimistic about bull , but who have seen the future ! .... So just one lot.
Lets see ...
will update reversal 1 hour before when time comes ....
Om Namaha Shivaya |
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Kedarjd White Belt
Joined: 14 Sep 2010 Posts: 35
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Post: #97 Posted: Mon Jun 05, 2017 9:03 pm Post subject: |
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me too not optimistic about bull run but market never fails to surprise me, waiting for new position |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #98 Posted: Tue Jun 06, 2017 12:17 pm Post subject: |
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Closing below 9627 of June future on daily live chart would trigger reversal signal ... trade after 3:20 PM.... till then have patience and keep wondering ( Kedar). |
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Kedarjd White Belt
Joined: 14 Sep 2010 Posts: 35
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Post: #99 Posted: Tue Jun 06, 2017 3:04 pm Post subject: |
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Hehe Waiting ...And waiting... |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #100 Posted: Tue Jun 06, 2017 3:48 pm Post subject: Total P/L calculation of this thread |
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1. loss 10200 post reference dated 29th march '17
2. profit 4993 ... so loss still remained 5007 ( as of 9th April' 17)
3. profit of 9119 in 2 split ... so we have profit of 9119-5007 = 4112 (as of 21 april'17)
4. profit of 4950 ... so total 4950+4112= 9062 (as of 24th april '17)
5. profit of 2400 (one lot in loss and one lot in profit) ... so total 9062+2400 = 11462 (as of 30th May '17)
6th trade is going on with profit of 9900 in one lot and one lot in buy holding position. |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #101 Posted: Wed Jun 07, 2017 2:43 pm Post subject: |
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Todays Reversal level is Nifty June Future closing below 9623 ... |
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EssJay White Belt
Joined: 05 Sep 2012 Posts: 270
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Post: #102 Posted: Thu Jun 08, 2017 8:38 am Post subject: |
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How are you bro? I see trading s going good. |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #103 Posted: Thu Jun 08, 2017 10:22 am Post subject: |
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EssJay wrote: | How are you bro? I see trading s going good. |
ah! I am always fine ...
Trading is not good bro ... I started with one lot .... added another one after 7 months ... now with 2 lot it seems will take 14 month to add another lot ! Nifty is less volatile these days... I can hope to change the scenario in coming days.Only bull is giving money .... people are selling and selling ... loosing money but no proper bear phase is coming.
As per my calculations Nifty will go to no less than 90000 in next 20 years ... with very limited bear phase or one to two big correction , not much.
Always gather Niftybees , Junior Bees in your portfolio ... for 20 years atleast.
And see your investment to become no less than 5 to 9 times , without thinking about them.
Om Namaha Shivaya |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #104 Posted: Fri Jun 09, 2017 10:13 am Post subject: |
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Nifty future closing below 9629 is reversal of trend .... trade after 3:20 PM
OM Namaha Shivaya |
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ankur11_11 White Belt
Joined: 11 Jan 2010 Posts: 146
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Post: #105 Posted: Mon Jun 12, 2017 1:15 pm Post subject: |
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Reversal condition is same as last post ...presently June Nifty fut is trading below that level ...so .. lets see .. if I pull out my position , will sell extra 2 lots here .
Trade will be executed after 3:20 PM after confirming the closing below 9629.
IF price hover around it and no confirmation could be made till 3:30 PM... will wait for tomorrow.
Om Namaha Shivaya |
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