Best Way of doing intraday trading

[leovirgo]

It is purposely using 1:2 RR (0.5% target and 1% stoploss level) in the technique. The formula is given on the site. Apart from the spammy nature of posts and link to the site, the technique seems to have a certain logic.

 

[Pat494]

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.

I agree your figures Tim. The point I should have made was the site is free and just maybe worthwhile too. It needs someone to painstakingly go back over past figures eg 6 months plus, any takers ?

 

[timsk]

I agree your figures Tim. The point I should have made was the site is free and just maybe worthwhile too. It needs someone to painstakingly go back over past figures eg 6 months plus, any takers ?

Hi Pat,
Definitely not me!
You and Leovirgo have stronger stomachs than me, as all that red and yellow makes me feel queazy! I couldn't get out of there quick enough. It's the website equivalent of that scene from 'The Man with the Golden Gun' in which James Bond (Roger Moore) is caught in a room full of mirrors and doesn't know if Scaramanga (Christopher Lee) is real or just a reflection.
Tim.

 

[radha55]

Calls Triggered uptill now for 30th nov 2009.

Buy Triggered for RCOM. Target achieved.
Sell Triggered for RelInfra. Target achieved.
Sell Triggered for RelCapital. Target achieved.
Buy Triggered for AxisBank. Target achieved.
Buy Triggered for TataSteel. Target achieved.
Buy Triggered for LICHsgFin. Target achieved.

 

[No one Knows]

I agree your figures Tim. The point I should have made was the site is free and just maybe worthwhile too. It needs someone to painstakingly go back over past figures eg 6 months plus, any takers ?

I'll have a look...:smart:

 

[Pat494]

I'll have a look...:smart:

Good fellow !!

I tried the FTSE yesterday and

it lost. The stop loss was only just reached but that was enough !!

 

[radha55]

Calls Triggered for 3rd dec 2009 using http://intraday.weebly.com

Buy Triggered for Reliance. Target achieved.
Buy Triggered for RCOM. Target achieved.
Buy Triggered for RelInfra. Stoploss hit.
Buy Triggered for RelCapital. Target achieved.
Buy Triggered for TataSteel. Target not yet achieved.
Buy Triggered for TataComm. Target achieved.
Buy Triggered for TCS. Target achieved.
Sell Triggered for Abb. Target achieved.
Buy Triggered for Acc. Target achieved.
Buy Triggered for Grasim. Target achieved.
Sell Triggered for HDFc. Target achieved.
Sell Triggered for IciciBank. Target achieved.
Sell Triggered for AxisBank. Target achieved.
Buy Triggered for Rolta. Target achieved.
Sell Triggered for Infosys. Target unsure.
Buy Triggered for Hcl Tech. Target achieved.
Buy Triggered for Ranbaxy. Target achieved.
Buy Triggered for SunPharma. Stoploss hit and then target ahcieved.
Buy Triggered for Maruti. Target achieved.
Sell Triggered for Amktek. Target achieved.
Buy Triggered for JPAssociat. Stoploss hit.
Sell Triggered for JPAssociat. Target achieved.

 

[radha55]

Calls Triggered for 7th dec 2009

Sell Triggered for AxisBank. Target achieved.
Sell Triggered for IciciBank. Target achieved.
Sell Triggered for Reliance. Target achieved.
Buy Triggered for RCOM. Target about to achieve.
Sell Triggered for TataComm. Target achieved.
Sell Triggered for TataMotors. Target about to achieve.
Buy Triggered for HclTech. Target achieved.
Sell Triggered for AmtekAuto. Target achieved.
Buy Triggered for M&M. Target achieved.
Sell Triggered for IRB. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Sell Triggered for TataChem. Target achieved.
Sell Triggered for Infosystch. Target missed by 1rs. Closed at the same price as sell.
Sell Triggered for IndiaInfo. Target achieved.
Sell Triggered for FinanTech. Target achieved.
Sell Triggered for JPAssociat. Target achieved.
Sell Triggered for HindZinc. Target achieved.( 2 times)

 

[radha55]

Calls triggered for 8th dec 2009

Buy Triggerd for RelCapital at 848.65. Target achieved at 852.90.
Buy Triggered for AxisBank. Target not sure.
Buy Triggered for PNB. Target achieved.
Buy Triggered for IciciBank. Stoploss hit.
Buy Triggered for Rolta at 180.38. Target achieved at 181.28.
Buy Triggered for SunPharma. Target achieved.
Sell Triggered for LICHSGFIN. Target achieved.
Sell Triggered for IRB. Target achieved.
Sell Triggered for MPhasis. Target achieved.
Buy Triggered for TataChem. Target achieved.
Buy Triggered for Gail. Target achieved.
Buy Triggered for HDFC. Target achieved (after 2-3 hrs)
Sell Triggered for SBIN. Target achieved.
Buy Triggered for TataMotors. Target achieved.

 

[radha55]

calls triggered for 9th dec 2009

Sell Triggered for HDFc. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Buy Triggered for Ranbaxy. Target achieved.
Buy Triggered for Sunpharma Target ahcieved.
Buy Triggered for RCom. Target achieved.
Sell Triggered for RelInfra. Target not achieved. nor stoploss hit.
Buy Triggered for RelCapital. Stoploss hit.
Sell Triggered for TataChem. Target achieved.
Sell Triggered for TataPower. Target achieved (after 2-3 hrs).
Sell Triggered for Reliance. Stoploss hit.
Buy Triggered for RPower. Target achieved.
Buy Triggered for Infosys. Target not ahcieved nor stoploss hit.
Sell Trigggered for Indiainfo. Target achieved.
Buy Triggered for SBI. Stoploss hit.
Sell Triggered for HDFC Bank. Target achieved.
Sell Triggered for AxisBank. Target achieved.
Buy Triggered for M&M. Stoploss hit.
Buy Triggered for LT. Target achieved.
Sell Triggered for HindZinc. Target achieved.
Sell Triggered for LIcHSGFIN. Target achieved.

 

[radha55]

Calls Triggered for 11th dec 2009

Sell Triggered for Ranbaxy. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Buy Triggerd for TataMotors. Target achieved.
Sell Triggered for TataMotors. Target achieved.
Sell Triggered for TataComm. Target achieved.
Sell Triggered for Tatachem. Target achieved.
Sell Triggered for Rcom. Target achieved.
Sell Triggered for RPower. Target achieved.
Sell Triggered for RelInfra. Target achieved.
Sell Triggered for RelCapital. Target achieved.
Buy Triggered for Reliance. Target not sure.
Sell Triggered for Reliance. Target achieved.
Buy Triggered for ABB. Target achieved.
Sell Triggered for SBIN. Target achieved.
Sell Triggered for IciciBank. Target achieved.
Sell Triggered for HDFCBank. Target achieved.
Sell Triggered for HDFC. Target achieved.
Sell Triggered for PNB. Target achieved.
Buy Trigggerd for Infosys. Target achieved.
Buy Triggered for TCS. Target achieved.
Sell Triggered for TCS. Target achieved.

 

[radha55]

Calls triggered for 14th dec 2009.

Buy Triggered for RelInfra. Target achieved.
Buy Triggered for RCom. Target achieved.
Sell Triggered for TataComm. Target achieved.
Buy Triggered for Ranbaxy. Target ahcieved.
Sell Triggered for IRB. Target achieved.
Sell Triggered for IndiaInfo. Target achieved.
Buy Triggered for Grasim. Target achieved.
Sell Triggered for HCLTech. Target achieved.
Sell Triggered for TataPower. Target achieved.
Buy Triggered for Acc. Target achieved.
Buy Triggered for M&M. Target achieved.
Buy Triggere for LT. Target achieved.
Sell Triggered for HindZinc. Target achieved.
Sell Triggered for Hindunilvr. Target achieved.
Sell Triggered for Patni. Target achieved.
Buy Triggered for SunPharma. Target achieved.
Sell Triggered for BhartiArtl. Target achieved.
Sell Triggered for JindalStel. Target achieved.
Buy Triggered for Maruti. Target achieved.
Buy Triggered for Cairn. Target achieved.
Buy Triggered for Siemens. Target achieved.

 

[radha55]

Calls Triggered for 15th dec 2009.

Sell Triggered for RCom. Target achieved.
Sell Triggered for TataPower. Target achieved.
Buy Triggered for TCs. Stoploss hit.
Sell Triggered for TCS. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Sell Triggered for TataMotors. Target achieved.
Sell Triggered for Tatacomm. Target achieved.
Buy Triggered for TataChem. Target achieved.
Sell Triggered for RPower. Target achieved.
Sell Triggered for RelInfra. Target achieved
Sell Triggered for RelCapital. Target achieved.
Sell Triggered for Reliance. Target achieved.
Sell Triggered for Rolta. Target achieved.
Buy Triggered for HclTech. Stoploss hit.
Sell Triggered for HclTech. Target achieved.
Buy Triggered for Siemens. Stoploss hit.
Sell Triggered for Siemens. Target achieved.
Buy Triggered for Abb. Stoploss hit.
Sell Triggered for Acc. Target achieved.
Sell Triggered for Ranbaxy. Target achieved.
Sell Triggered for Gail. Target achieved.
Sell Triggered for HindZinc. Target achieved.
Sell Triggered for HindUniLvr. Target achieved.

 

[radha55]

Calls Triggered for 17th dec 2009.

Due to very volatile and range bound session, several stoploss got hit.
however some achieved targets as well.

Sell Triggered for RCOM. Target achieved.
Sell Triggered for RelCapital.
Sell Triggered for Reliance. Target achieved.
Buy Triggered for TataSteel.
Buy Triggered for TataComm. Target achieved.
Buy Triggered for TataChem. Target achieved.
Buy Triggered for HclTech. Target achieved.
Buy Triggered for Infosystch. Target achieved.
Sell Triggered for AxisBank. Target achieved.
Buy Triggered for AxisBank. Target achieved.
Sell Triggered for PNB. Stoploss hit.
Buy Triggered for PNB. Target achieved.
Buy Triggered for SunPharma. Target achieved(after 3-4 hrs)

 

[radha55]

Calls Triggered for 18th dec 2009.
These values are taken from automated software
i have kep 0.7% profit and 0.5% stoploss for today.

Buy Triggered for TATAMOTORS at 730.1378. Target achieved.
Sell Triggered for INFOSYSTCH at 2569.2505. Target achieved.
Buy Triggered for STER at 835.6 . Stoploss hit.
Sell Triggered for STER at 835.6. Target achieved.
Buy Triggered for RCOM at 173.9342. Target achieved.
Buy Triggered for HEROHONDA at 1695.236 . Stoploss hit.
Buy Triggered for TCS at 729.508 . Stoploss hit.
Sell Triggered for AXISBANK at 931.6244 . Stoploss hit.
Buy Triggered for AXISBANK at 946.3756. Target achieved.
Sell Triggered for JPASSOCIAT at 151.86246. Target achieved.
Sell Triggered for TATAPOWER at 1313.876 . Stoploss hit.
Buy Triggered for ICICIBANK at 820.1837 . Stoploss hit.
Sell Triggered for ICICIBANK at 820.1837. Target achieved.
Sell Triggered for JINDALSTEL at 708.1186.
Sell Triggered for LT at 1643.5961 . Stoploss hit.
Buy Triggered for BPCL at 602.1028 . Stoploss hit.
Sell Triggered for RELIANCE at 1035.7384. Target achieved.
Buy Triggered for CIPLA at 356.9022. Target achieved.
Buy Triggered for M&M at 1061.4307. Target achieved.
Buy Triggered for RELCAPITAL at 829.405 . Stoploss hit.
Buy Triggered for SUNPHARMA at 1505.7632. Target achieved.
Buy Triggered for TATASTEEL at 568.7314 . Stoploss hit.
Buy Triggered for RPOWER at 144.2. Target achieved.
Sell Triggered for SIEMENS at 564.23883. Target achieved.
Sell Triggered for SBIN at 2133.7104.

 

[radha55]

calls triggered for 21st dec 2009

Buy Triggered for Reliance. Target achieved.
Sell Triggered for RCom. Target achieved.
Sell Triggered for Relcapital. Target achieved.
Sell Triggered for TaTaMotors. Target achieved.
Sell Triggered for TataComm. Target achieved.
Sell Triggered for TataChem. Target achieved.
Sell Triggered for Infosys. Target achieved.
Buy Triggered for Rolta. Target achieved.
Sell Triggered for TataSteel. Target achieved.
Sell Triggered for HindZinc. Target achieved.
Sell Triggered for Lichsgfin. Stoploss hit.
Buy Triggered for TCs. Target achieved.
Sell Triggered for Acc. Stoploss Hit.
Buy Triggered for AxisBank. Target achieved.
Buy Triggered for IciciBank. Target achieved.

 

[vipulkrgupta]

Hi Radha,

Can you share the best way to use that site?

I mean when we put in the required high low data, the software displays both "Buy" and "Sell" order. So which one do we follow? Do we buy or sell? Can you please explain this to me?

Thanks, and sorry for this simple question, I am a newbie!

Vipul

 

[radha55]

Hi Radha,

Can you share the best way to use that site?

I mean when we put in the required high low data, the software displays both "Buy" and "Sell" order. So which one do we follow? Do we buy or sell? Can you please explain this to me?

Thanks, and sorry for this simple question, I am a newbie!

Vipul

Hi Vipul,

You need to place two stoploss orders.

One for buy and the other for Sell.

So my 1st order goes this way
1st : Stoploss Buy SBIN at 2310
2nd : Stoploss Sell SBIN at 2257

When any price is crossed u get into the trade.
Then you can place the corresponding square off order.

 

[vipulkrgupta]

Hi Vipul,

You need to place two stoploss orders.

One for buy and the other for Sell.

So my 1st order goes this way
1st : Stoploss Buy SBIN at 2310
2nd : Stoploss Sell SBIN at 2257

When any price is crossed u get into the trade.
Then you can place the corresponding square off order.

Thanks.. But using this system we can only initiate one trade isn't it, right after 10.15?