dilip nilekar
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SWING TRADING STRATEGY.

Dilip Nilekar at 08:46 PM - Dec 06, 2013 ( ) Views: 2,262

15 21

I would like to invite all Mudraa Friends to Share their opinion ON Swing Trading Strategy in simple language with an example ,

so that we all know what it is.

Leg Pullers are also Invited. Ha ha ha

Cheers !!!!!!!!!!!!


(1 to 20 out of 20) - Latest Replies on Top | First | << Previous | Next >> | Last |
Dilip Nilekar at 09:19 PM - Feb 02, 2014 ( )

Hi Friends !!

It was  a successful post at the begining ,

I now request all Experts to express their views on Crude Oil  in the current situation.Swing Trading Stretegy for Monday i.e 3rd February 2014.

 

Dilip Nilekar at 10:21 PM - Dec 10, 2013 ( )

Thanx for the Link sent Madam. I will open and write here if i am unable to understand.

Dilip Nilekar at 01:21 PM - Dec 09, 2013 ( )

Jitendra ji,

you can Sell Below yesterday's LOW i.e 5972 or 5967

Jitendra Singh at 12:26 PM - Dec 09, 2013 ( )

Dilip ji as per your stratergy when will be sell call generate pls explain in details as per yur rule buy only above 1 candle high and sell below ?????????????????????

Dilip Nilekar at 11:27 AM - Dec 09, 2013 ( )

5993 made HIGH after buying @5985SmileSwing ka kamaaal!!!!

Dilip Nilekar at 11:24 AM - Dec 09, 2013 ( )

Kind Attn:- Gowdi Madam

I Refered your above Link you have posted :- simple Swing Trading way.

Some where it said that it always does'nt work. This has to be back tested to further know then the "Advance Swing Trading System"

I am waiting for your encouraging comments in a simple lay man understanding.

Regards.

Dilip Nilekar at 11:09 AM - Dec 09, 2013 ( )

Good Morning To All My Friends !!!

with my little understanding with Swing Trading which I studied on Saturday 7th December 2013.:-

My study says: following opinion:

On 6Th December '2013 i.e last Friday Crude Oil :-

1st Candle High was 5985 Time 11.45 PM,

2nd Candle LOW was -5976 Time  11.54 PM

3rd Candle (Today's time 10.14 AM) HIGH was 5984

Advice :--- Buy only Above 5985

RESULT : made HIGH -5989 Time 11 am today.

All my Swing traders Vimalji,Gowdi Madam your reply is sincerely needed for my correctness in understanding the Swing Trading method Higher High , etc 1/2/3 method

Regards

Dilip Nilekar at 11:04 PM - Dec 06, 2013 ( )

WOW !!! Nandu Pl Please  share the Templets and different indicators.

Welcome Scalping Hero.!!!!!

But Members should not forget and  Diverted with the main Subject of my Thread .i.e "Swing Trading Strategy".

Nandhu S at 10:57 PM - Dec 06, 2013 ( )

Its chart reading with mixing of differnt indicators @ Dilip sir!!!

even am ready to share my template.

also i consider S/R levels

 

 

Dilip Nilekar at 10:53 PM - Dec 06, 2013 ( )

Scalping you have developed confidence Nandu ,why not explain in simpler form here.

Nandhu S at 10:43 PM - Dec 06, 2013 ( )
Dilip Nilekar at 10:30 PM - Dec 06, 2013 ( )

Thanx Vijay and Nandu !!!

I need your view on Swing Trading Strategy. Please Teach all of us . "Like " only do not fill my Hunger.

Vimal Raj at 10:02 PM - Dec 06, 2013 ( )

Dilip Nilekar at 10:01 PM - Dec 06, 2013 ( )

Thanx for the Response and support Dear Vimalji  and Gowdi ji.

In the live trading  can it be explained just now in Crude oil today?

Vimal Raj at 10:00 PM - Dec 06, 2013 ( )

Gowdi V at 09:52 PM - Dec 06, 2013 ( )

The Master Plan – Entry and exit rules that
insure successful swing trading
 The secret to swing trading success is:
Confidence, Discipline, Focus and Patience

Vimal Raj at 09:47 PM - Dec 06, 2013 ( )

Ten Rules For Swing Trading  

Swing trading is a method of trading trying to capture short-term gains in markets. We identify markets that have the potential to make an immediate move, entering those markets and using strict money management to help protect against major losses and lock in profits. Trades are normally held for one to five days, but there really is no specific time limit. What we are interested in is recent trend whether that's two days or two weeks and we want to ride or "swing" from one price level to a previously shown price level. We want to trade with the trend.

Clearly there are many, many rules to trading, not just ten. That's what training sessions are for because the fact is that whether there are 20 or 200 rules, until you're in the market you won't know which is more significant and at what point is it significant. As mentioned, trading is an art and a science.

1. Limit Losses

You will use a stop loss upon entering your position depending on the time chart you're trading and its support and resistance levels. Different time views will show differing support/resistance. Don't day trade using weekly support/resistance levels. Use the S/R showing on your time chart... whether that's a 5 minute chart, 30 minute chart or whatever.

 

2. Support and Resistance must be honored. 

Swing trading involves identifying short-term support and resistance and where a market will likely re-assert itself. Therefore, wait for follow through before attempting to enter a trade. For longs, this means waiting for the market to turn back up, and for shorts, it means waiting for the market to turn back down. Using Fibonacci retracements can be helpful for this but like everything else is not the ONLY thing you should be watching.

3. Take Partial Profits

This is tricky for most traders. Do you let things ride and risk you current profit? Do you sell some holdings as price moves in your favor? You need to make hard rules of engagement without risking your current profit. For day and swing traders, learn to take some profits especially as price approaches resistance... the more meaningful the resistance the more likely a rollover.

4. Take Fast Money Profits Quicly

You will learn quickly enough that the market can give you a huge gain in minutes and just as quickly take it back. Trailing stop-losses can help here, but generally if you're not in front of your machine you could miss those quick moves.

 

5. Trade Active Markets

By staying on top of current market action for the week you will be able to identify where the crowd wants to play. The crowd brings money and interest, liquidity and volume, to individual stocks and industries.

6. Are The Odds In Your Favor

Maybe it's momentum or technical patterns or relentless positive or negative headlines driving the action. See chart checklist and off-chart checklist.

7. Money Management and Position Size .... 

  
  You can add to your position if you didn't go "all in" according to your trade size as price moves in your direction, all other things being equal.  See Money Management

8Get a Routine Together

F
ind an approach that works for you and apply it in a consistent manner. The approach that works is the one that allows you to be profitable while minimizing losses. By learning to keep losses small you will always have money to get back in. Carelessness will blow up your account and keep you out of the game. It's about making money, not being right, thus when you're losing admit you're wrong and stop holding a loser.

9. You Don't Have To Trade Every Day

 If the odds are not in your favor ala the chart and off-chart checklist mentioned above, why are you trying to force yourself into a trade? The market will be here tomorrow.

10Preservation of Capital is Rule One at all times.... learn to not lose money as you begin and in fact you are learning to trade. Making money can only follow if you haven't lost your trading capital.

Gowdi V at 09:33 PM - Dec 06, 2013 ( )

I request Lakshmi Devi ji, yogesh dadkar ji, vimal ji, Hemanth ji, Harish Menon ji.... and many more senior analysts to share their knowledge

thanks

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