Question -

Daily scalping strategy?

6 Views
Harvey Brown
Answered 3 years ago
<p>I have been successfully trading bank nifty options for the last 48 weeks. I sell options which are at 25 Rs. and at least 1000 points away from the market. Stop loss at a price of 85 Rs. I trade the weekly options, not monthly. On a margin of 1.85 Lacs, I make weekly gain of Rs 1500 which is a monthly return of 3%. In the last 48 weeks only in 1 occasion I hit stop loss.</p>
5 Views
William Cummings
Answered 3 years ago
<p id="isPasted">Best scalping strategy -</p><p>Go to nseindia website</p><p>Open equity stocks</p><p>Find top gainers/losers</p><p>Open the chart for top 2 gainers/losers</p><p>Place a buy order at high of top gainers. Place a sell order at low of top losers.</p><p>Keep a small target of only 0.3%.</p><p>If target does not get achieved in next 15min, exit it market price.</p><p>This is how scalping is done.</p><p>Scalping is very dangerous strategy and requires a lot of strict psychology. Instead of getting profit from scalping, many traders end up in losing.</p><p>So, better paper trade first for min 1 week. When you …</p>
4 Views
Christopher Campbell
Answered 3 years ago
<p id="isPasted">Scalping is a trading strategy designed to profit from small price changes, with profits on these trades taken quickly and once a trade has become profitable. All forms of trading require discipline, but because the number of trades is so large, and the gains from each individual trade so small, a scalper must have a rigid adherence to their trading system, avoiding one large loss that could wipe out dozens of successful trades.</p><p>Scalpers will take many small profits, and not run any winners, in order to seize gains as and when they appear. The aim is for a successful …</p>
3 Views
Albert Buchholtz
Answered 3 years ago
<p id="isPasted">Scalping with the use of stochastic oscillator aims to capture moves in trending market, ie: one that is moving up or down in a consistent fashion. Prices tend to close near the extremes of the recent range before a turning point occurs, such an example is seen below:&nbsp;</p><p class="forexqa-img-container"><img src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1659161162430.png" style="width: 730px;" class="fr-fic fr-draggable fr-dib forexqa-img">In the above chart, of Brent on a three minute timeframe, we can see that the price is moving higher, and the lows in the stochastics (marked with arrows) provide entry points for long trades, when the black %K line crosses above the dotted red %D line. The trade is exited when …</p>
1 View
Richard Cross
Answered 3 years ago
<p id="isPasted">In this 5-minute timeframe we need to basic indicators. So, we'll be using the 200-day moving average and stochastic RSI. The reason we use 200-day moving average is to see what the market structure is. Basically, when the price is trading below the 200-day moving average, we have a bearish trend and when the markets are trading above the 200-day moving average we can say that the market is in uptrend.</p><p>So, we’ll basically have to identify the market structure before entering any trade; when we are trading below the moving average in a downtrend so we'd only be interested …</p>