BLOG DESCRIPTION: This is blog, i have started so that i can help people understand what stock trading is all about. The main aim is to educate the massess and secondly help them with the tools of the trade.
My father once told me when i had failed very badly at a task at hand and was crying profisely, that sometimes in life son u have to jump of the bridge first and build ur wings on the way down. This blog is exactly for that sort of people. By the way "atmevaha" means "ourselves alone".
My father once told me when i had failed very badly at a task at hand and was crying profisely, that sometimes in life son u have to jump of the bridge first and build ur wings on the way down. This blog is exactly for that sort of people. By the way "atmevaha" means "ourselves alone".
How to read the recommendations
Posted 19th November 2007 at 06:44 PM by joesb213
Date 11/19/07 time 6.40 pm
Hi All,
this is how the recommendations have to be read. There are two pricec columns one which gives the close as of the day and the other is of the trigger. The days close is the pricee of the stock as it closed on the day this recommendation was sent to u i.e 11/16/07. This pricec has nothing to do with execution of the trade. The trigger price is the price at which u will buy the stock on the next trading day. The trtrigger price is the price as of the close, which means that even if this price is touched intraday u will not buy it at that point of time. This is done to ensure that u buy it only when it is closing above th said price or above. The nifty trrigger mentioned on top is another condition that will needd to be satisfied. The pricec given for nifty futures trigger is the price above which the nifty should be holding when the day is closing. There is one mroe condition which can be given out to people who are our clients. these three conditions togather go to make a kethal ammunitin at ur disposal in stock taking.
Hi All,
this is how the recommendations have to be read. There are two pricec columns one which gives the close as of the day and the other is of the trigger. The days close is the pricee of the stock as it closed on the day this recommendation was sent to u i.e 11/16/07. This pricec has nothing to do with execution of the trade. The trigger price is the price at which u will buy the stock on the next trading day. The trtrigger price is the price as of the close, which means that even if this price is touched intraday u will not buy it at that point of time. This is done to ensure that u buy it only when it is closing above th said price or above. The nifty trrigger mentioned on top is another condition that will needd to be satisfied. The pricec given for nifty futures trigger is the price above which the nifty should be holding when the day is closing. There is one mroe condition which can be given out to people who are our clients. these three conditions togather go to make a kethal ammunitin at ur disposal in stock taking.
Total Comments 1
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Hello Neeraj,
Glad to see you back in action here. I looked at your file and I have some questions. What is the meaning of status (even if it may not have any meaning as far as trading is concerned)? Also, I take it that when you say put in your trade at the closing of the day when Nifty condition is satisfied, you mean after 2:30pm or more like 3:15pm?? Also what would be the exit point? The last one is necessary as you are basically talking about 'gap' trading. Paresh |
 
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Recent Blog Entries by joesb213
- Knowledge is power (20th July 2008)
- liesure time article (22nd November 2007)
- Recommendations for today (22nd November 2007)
- Questions answered (21st November 2007)
- How to read the recommendations (19th November 2007)
