Best Way of doing intraday trading

[radha55]

Hi Guys,

I just found this method on one of the website.

I was tracking this method since last few days and it showed good results.

You need to enter previous day high and low for any scrip.

Also, enter the same day high and low till 10:15 am.

Now you generate the prices.

more information is available on

http://intraday.weebly.com

i am posting results for few days.

 

[radha55]

Trade for 12 nov 2009

Buy Triggered for Reliance. Target achieved.
Sell Triggered for HDFC. Target achieved.
Sell Triggered for Maruti. Target achieved.
Sell Triggered for ICICIBank. Target achieved.

 

[radha55]

Trade for 13 nov 2009

Buy Triggered for HDFC. Target achieved.

Sell triggered for RANBAXY. Target achieved.

Buy Triggered for Infosys. Target achievd.

 

[radha55]

following calls have been triggered 13 nov 2009.

Buy Triggered for HDFC. Target achieved.

Sell triggered for RANBAXY. Target achieved.

Buy Triggered for Infosys. Target achievd.

Buy triggered for indiainfo. Target achieved.

Sell Triggered for IRB Infra. Target achieved.

Buy Triggered for Axis Bank. Target achieved.

Buy Triggered for Maruti. Target achieved.

These are just few scrips which i tracked.... There could be many more.

 

[radha55]

Following trades for 16 nov 2009

buy triggered for irb. target achieved.
buy triggered for tatasteel target achieved.
buy triggered for tatamotors target achieved.
buy triggered for maruti. target achieved.

Buy Triggered for Sun Pharma. Target achieved.
Buy Triggered for Abb. Target achieved.
Buy Triggered for HindZinc. Target achieved.
Sell Triggered for TataComm. Target achieved.

 

[radha55]

Few Calls triggered 17 nov 2009

Sell triggered for Reliance. Target achieved.
sell triggered for HDFC. Target achieved.
Buy Triggered for HDFCBANK. Target achieved.
Sell Triggere for ABB. Target achieved.
Buy Triggered for MRPL. Target achieved.

 

[radha55]

Few calls that triggered 18th nov 2009

Buy Triggered for Maruti. Target achieved.
Buy Triggered for Ranbaxy. Target achieved.
Buy Triggered for IndiaInfo. Target achieved.
Buy Triggered for IRB. Target achieved.
Sell Triggered for Sun Pharma. Target achieved.
Buy Triggered for TataSteel. Target achieved.
Buy Triggered for TATAMotors. Target achieved.
Buy Triggered for Maruti. Target achieved.
Sell Triggered for EDUCOMP. Target achieved.

 

[radha55]

Calls for today triggered on 19th nov 2009

Sell Triggered for Grasim. Target achieved.
Sell Triggered for IndiaInfo. Target achieved.
Buy Triggered for TATAMotors. Target achieved.
Sell Triggered for AmtekAuto. Target achieved.

 

[radha55]

Calls triggered for 20th november 2009.

Buy Triggered for HDFC. Target achieved.
Buy Triggered for Reliance. Target achieved.
Buy Triggered for HDFC Bank. Target achieved.
Buy Triggered for RCOM. Target achieved.
Buy Triggered for Ranbaxy. Target achieved.
Buy Triggered for Infosys. Target achieved.
Sell Triggered for IciciBank. Target achieved.
Buy Triggered for IciciBank. Target achieved.
Buy Triggered for Acc. Target achieved.
Buy Triggered for ABB. Target achieved.
Buy Triggered for Indiainfo. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Buy Triggered for TataSteel. Target achieved.

 

[radha55]

Calls Triggered for 24th nov 2009

Buy Triggered for RCOM. Target achieved.
Buy Triggered for Rolta. Target achieved.
buy Triggerd for Maruti. Target achieved.
Sell Triggered for ACC. Target achieved.
Sell Triggered for ABB. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Sell Triggered for Ranbaxy. Target achieved.
Sell Triggered for SunPharma. Target achieved.
Sell Triggered for Oracle Fin Serv. Target achieved.
Sell Triggered for Indiainfoline. Target achieved.

 

[radha55]

Calls Triggered uptill now (today).

Buy Triggere for AxisBank. Target achieved.
Buy Triggered for Ranbaxy. Target achieved.
Buy Triggered for Reliance. Target achieved.
Buy Triggered for TATASteel. Target achieved.
Buy Triggered for HDFCBank. Target achieved.
Buy Triggered for Infosys. Target achieved.
Sell Triggered for JPASSOCIAT. Target achieved.

 

[timsk]

Hi radha55,
I hate to say it, but there's a faint whiff of spam about this thread. You haven't explained the system clearly and have posted something in the region of 70 'trades', all of which have achieved their target. By that, I assume you mean they're profitable. 70 profitable trades on the trot, while not impossible, is nonetheless very unusual. 99.9% of the time, traders who make such claims either:
A. aren't traders at all and are just cherry picking hypothetical trades with the benefit of hindsight or . . .
B. are using 'Spanish Stops'. In other words, they're not using stops at all and just wait for price (eventually) to swing the right side of their entry for a very modest profit.
The problem with A. is that anyone can do this and it proves nothing, and the problem with B. is that anyone can also do this and it proves that they don't really understand what they're doing or that, one day, they will almost certainly blow up their account.
Which category are you in?
Tim.

 

[songcon]

Calls Triggered uptill now (today).

Buy Triggere for AxisBank. Target achieved.
Buy Triggered for Ranbaxy. Target achieved.
Buy Triggered for Reliance. Target achieved.
Buy Triggered for TATASteel. Target achieved.
Buy Triggered for HDFCBank. Target achieved.
Buy Triggered for Infosys. Target achieved.
Sell Triggered for JPASSOCIAT. Target achieved.

Last edited by radha55; Today at 2:00am.

The last one is also 100% Target achieved but he had to edit the entry
to defend the accuraccy of his report.

I want to know the difference between Buy triggered ABC. Target achieved
and Sell Triggered for ABC. Target achieved.

Is there a Members' Choice Awards for intraday trading record. This seems
to be one of those no sweat trading system all around that Goldman Sachs
wants to buy

 

[dealer911]

sorry as timsk said ..have you ever lost on any trades ?.. think you should post the losers along with the winners so people can get a better idea of risk/reward.. could we see some of the trades that were triggered and then stopped out for a loss please?

 

[radha55]

Calls Triggered uptill now (27th nov 2009)

Sell Triggered for HDFc. Target achieved.
Sell Triggered for HDFCBank. Target achieved.
Sell Triggered for InfosysTch. Target achieved.
Sell Triggered for TCS. Target achieved.
Buy Triggered for RNRL. Target achieved.
Sell Triggered for HDFC. Target achieved.
Sell Triggered for Reliance. Target achieved.
Sell Triggered for RelCapital. Target achieved.
Sell Triggered for TataMotors. Target achieved.
Sell Triggered for SunPharma. Target achieved.
Sell Triggered for Acc. Target achieved.
Sell Triggered for HclTech. Target achieved.

 

[dealer911]

Calls Triggered uptill now (27th nov 2009)

Sell Triggered for HDFc. Target achieved.
Sell Triggered for HDFCBank. Target achieved.
Sell Triggered for InfosysTch. Target achieved.
Sell Triggered for TCS. Target achieved.
Buy Triggered for RNRL. Target achieved.
Sell Triggered for HDFC. Target achieved.
Sell Triggered for Reliance. Target achieved.
Sell Triggered for RelCapital. Target achieved.
Sell Triggered for TataMotors. Target achieved.
Sell Triggered for SunPharma. Target achieved.
Sell Triggered for Acc. Target achieved.
Sell Triggered for HclTech. Target achieved.

You are still only picking the winning trades - this is misleading - what is the reward when this target is reached (in % terms ?) - when your "system" gets it wrong how much do you lose ? - not sure what you are trying to prove (or sell ?) here - but you keep banging away with these useless updates - if you understood what you are doing you would be happy to give more info.

 

[timsk]

You are still only picking the winning trades - this is misleading - what is the reward when this target is reached (in % terms ?) - when your "system" gets it wrong how much do you lose ? - not sure what you are trying to prove (or sell ?) here - but you keep banging away with these useless updates - if you understood what you are doing you would be happy to give more info.

Yes indeed dealer911, I quite agree. I think you've hit the nail on the head with your comment "not sure what you are trying to prove (or sell ?) here". radha55 has at least one foot over the spam threshold and, if this was a trade, I'd be happy to bet the farm that his other foot will cross over with his next few posts. Another pointless and meaningless thread. Caveat emptor and all that.
Tim.

 

[Pat494]

Not saying you are wrong Tim etc. but have you visited the website given in post 1 ?

here are the figures for today's CAC so we can see if they are close.

buy at-----target----S/L-----sell at---Target----S/L
3703------ 3721-----3666----3584-----3566------3620

 

[Pat494]

Not saying you are wrong Tim etc. but have you visited the website given in post 1 ?

here are the figures for today's CAC so we can see if they are close.

buy at-----target----S/L-----sell at---Target----S/L
3703------ 3721-----3666----3584-----3566------3620

Well I have just checked to see how the above forecast is getting on ...................................and..................blow me down with a feather its just made its target

Congrats to radha55 :clap:

 

[timsk]

Hi Pat,
Sticking up for the underdog - good man! Thanks to you, radha55's second leg is still the right side of the spam threshold! Just. (Perhaps he'll give you a discount!) Even so, I think the points in mine and dealer911 posts are still valid. My maths isn't great, but this is what I've calculated based on this one trade (pretty meaningless, I know, but . . .)
Long
Target: 18
Stop Loss: 34
Profit : Loss ratio: 1 : 1.8

Short
Target: 18
Stop Loss: 54
Profit : Loss ratio: 1 : 3

The average Profit : Loss ratio over the two possible outcomes is: 1 : 2.4 (rounded up to 2.5 for comm's and slippage!)

So, if the losing trades lose 2.5 times more than the winning trades gain, by my calculation, the strategy will need a Win : Loss ratio of 2.6 : 1 just to break even. That's equal to 72% winners. To make money consistently over time, the system will need a strike rate of 80% or better. Granted, it's been 100% successful so far, but that's unsustainable and, as I suggested in an earlier post, there's a nasty whiff of Spanish style stops in the air which makes me queasy. Fair play to you though for being devil's advocate and, as a consequence, I'll keep my mind open a little longer than I would have otherwise!

Tim.