How did you come to know trap? Please explain the logic
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• Feb 28, 2023 9:05 PM
Thank You community!
@dakshjain Create Inside Candle Scanner on Chartink. It is most Simple and Powerful strategy on the Daily Chart.
Watch any video on inside candle or mother candle on YouTube.
You need to Mark High & Low of Mother Candle and trade on breakout or breakdown at respective side with...
@krishnashendre welcome. I going to follow your trades. You got good accuracy.
@Myalgotrade no i have done my calculations.
@anandparmar you are right but next day gap up and gap down can have big impact on capital
@daddytrader i have answered precisely your question on how to arrange money. Did I get it wrong? I am a 38 year old advocate i assumed you are also an older person. If you are a student then you should focus on your studies
Your name is daddy so I assumed you are a dad
What is the time frame?
If you consider only 1% loss = rs.1000 then you can do 100 trades. You will lose your entire capital only after 100 trades.
From this 100 trades 50 trades goes in your Favour then you must have Risk to Reward 1:1 to just maintain your capital as it is. If your RR is 1:2 then you...
Nifty gives a sudden movement of 20-50 points in any direction so this scalping will fail if you do not have any strategy.
Do you have a strategy for intraday trading?
If No then find a strategy with atleast 50% accuracy rate.
If yes then select stock from Oi spurts from the nse website.
If you have technical setup then once the setup gives you buy signal only then you enter or exit a trade.
You have started your paper trading in month Jan 2023 and just 2 days in December.
Total trades taken is around 30 you have good accuracy rate but check your performance only on 50 qty for another 30 days.
Do not smoke Cigarettes or drink alcohol for 1-3 months, No Pizza Burger, No Hotel food, cancel newspaper subscriptions, No Netflix, Amazon or Set top box subscription, No Movies, etc
Collect all the money strictly in a box and once you collect this Sacrifice Money then you depos...
• Feb 16, 2023 9:30 PM
Please share Simple intraday Strategy with Back test results of 5 Years minimum. Thank you in Advance
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1
Welcome friends
Sure
Step 1 Available Funds & Risk Management
Step 2 Liquidity of Instrument or Script
Step 3 Nifty Trend
Step 4 Future OI Data
Step 5 Selected stock trend on Daily Chart
Step 6 Selected stock technical on Daily chart
Step 7 Mark the demand supply levels on 1 hour time frame
Step 8 ap...
Technical Accuracy on Nifty 50 & FnO stocks is 60%.
Rest all stocks probability of Technical Accuracy is only 30%