Get started

Riskreward

RIPPLE: 2 PLANS for 2 Scnearios! Very NICE moment to BUY or SELLHey tradomaniacs, welcome to a trading plan for XRP/USD! Important: Wait how the market reacts at the trendline and follow the direction! ----------------------------- Type: Swingtrade PLAN A: Short (Trendfollow) Sell-Limit: 0,445 Stop-Loss: 0,57593 Target 1: 0,28221 Target 2: 0,21561 ------------------------------ PLAN B: Long (Trendchange) Buy-Limit: 0,50 Stop-Loss: 0,41274 Target 1: 0,57639 Target 2: 0,75 Target 3: 0,93202 ------------------------------- REMEMBER: The market is very uncertain and volatile. Still look at correlations of BTC and ripple and watch the Kign carefully. We could easily end up with a SHORT-SQUEEZE which is going to dump all coins. PLAN B has a short-term-target because this could also end in a FAKE-OUT! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
BITFINEX:XRPUSD
by Trading2ez
An investment idea in AUROPHARMA on NSE (INDIA)This is weekly chart of Auropharma with CMP @ 781.40. It looks an excellent investment idea based on following observations: 1. Price during Feb 2015 to Aug 2018 (after massive bull run from Aug 2013 to December 2015) was trading in a range which is shown on the chart by drawing support and counter trendline with arrows indicating multiple supports and resistances. 2. Price then broke out of counter trendline on 3rd Sep 2018 and it then consolidated for seven weeks taking support on counter trendline and subsequently showing reversal exhibited by bullish candle closing today. 3. During the period (Oct 2016 to Oct 2017), resistance was observed at RSI near 60 (as marked on the chart). Finally, it broke out of RSI (60) as shown /marked on the chart. During recent consolidation of seven weeks as mentioned in preceding point no.2 above, RSI tested once again at 60 before rising again. This implies that momentum is still intact. 4. Fibo extension indicates a target of 1335 (as shown on the chart) in next coming 18-20 months which indicates possible return of nearly 70% on investment. Initial stop can be considered below swing low /below counter trend line at 695. This calculates an excellent Risk-Reward ration of over 1:7. Happy investing. Please share opinion which will help all of us through cross learning...
NSE:AUROPHARMALong
by DEVERAMA
1
USDCAD - H1 - Long - Opportunity with Good Risk RewardIn Hourly, price closed near the price range that acted as a support during the day. 1. USDCAD did a breakout and then pulled back to 1.30790 Levels on weekly charts. 2. Price has a nearby support of 61.8 % Fibo Level on Weekly. 3. Stochastics - Oversold on Hourly. Lastly, risk and reward is pretty favorable, I will wait to see how it reacts at the opening and take a call. ----- Note ------ Position Size: 2% Risk or less ALWAYS. CANNOT RISK MORE. Support/ Resistance/BUY/SELL/SL/TP Prices are ALWAYS RANGES and Not Exact Prices
Long
by PawanThakur
Share Trading: Is it a Better Business ?? For Whom ???Put 10k in the market, buy stocks worth 50k or more on leverage and sell at 1k profit which is 10% profit on the investment capital..That's amazing!! Isn't it? The bad part is, the anomalies to this hypothesis adversely impacts more than 90% of time. And the so called 'better business' turns out to be a losing affair for more than 90% of our trading community. Let's first discuss about our losing 90% trading community: A beginner takes his first trade on hunch and wins.. beginners luck..builds confidence..takes second trade and wins..no fear..may be he wins a couple of more and the beginner increases the trade size..over confidence and greed..he starts losing and bursts his account in aggressive attempts to win back profits at first and regain the losses lately. What went wrong with this beginner? Greed prevailed rationality Lack of strategy or Edge in the markets Revenge attitude What about the remaining less than 10% of the trading community? The most successful ones start with a predefined strategy..primary reliance on trade management..patterns and techniques come next..backtesting the strategy..paper trading..followed by real trading..flexible approach as far as the edge in the market is concerned..no fear..no greed..just exact plan execution. So what makes these 10% better over the others? The answer is..some important traits. Let's briefly discuss some of these important traits. Trade management Pros are always ready to miss a trade not qualifying the pre defined risk to reward ratio. Normally 1:1 RRR is good, 1:2 is better and anything higher than that is the best. Not only RRR but trade management also involves trade sizing which is a subset of RRR. Suppose I want to take max. risk Rs. 1000 on a trade. On a particular set up, my stop comes out to be 2 points on a 200 Rs. stock. In this case my trade size would be 500 shares..just an example. Edge in the market OR the strategy which tells where, when and why to buy or sell. It could be a candlestick pattern or a combination of patterns. It could be an indicator buy or sell signal. The key here is to have patience for the signal. If there are multiple confirmations confluencing at the signal, it would be a high probability setup. Our Edge in the market and trade management then go hand in hand to make our day. No fear no greed According to best practitioners it's good to take some profits off the table at first predefined target. B'coz no matter how high probability the set up is, there are always some chances that it could turn out to be a loser. Remaining position can be trailed for substantial bonus gains. If a trade does not go in favor at first instance, just get out at predefined stop without extending losses. Suppressing greed would definitely improve win to loss ratio. Greed kills but fear is a psychological breakdown. Fear bores over-protection in the trader. The trader may miss several best setups due to fear of failure. A beautiful trade missed is as painful as a losing trade. It has been observed that simple breathing exercises have significant impact on our cognitive functionality, which helps in overcoming fear of taking calculated risks. So who can teach the trader the cannons of best trading practices? No one but the trader himself. Of course a good mentor can make things less difficult but it all comes with practice and experience. However, the fact is that, most of us would not learn unless we lose some or most of our hard earned money. Although I deliberately missed some concepts due to time and space constraints yet I hope the brief discussion highlighted important points concerned to share trading. Do hit Like and comment. Trade safe, be healthy. Regards Bravetotrade
NSE:NIFTYEducation
by Bravetotrade
14
PNB- Name to bank upon for Diwali 2017 @180-185Last Price@142 This is medium to long term outlook which can take close to 40-50 Days having reward to risk ratio of 6:1 with stops below 132 & target upside between 180-185. Short term zone of 140-142 is an important support zone. Exicited to share the dark new theme which was introduced by TradingView recently. You can check the details at below link blog.tradingview.com We can look to bank upon PNB this time as it respected the zone 132-135 which was a strong support zone & the googly turned back as mentioned below in previous update. Final leg could complete in 180-185 Zone -this Diwali 2017, I look forward to celebrate diwali with PNB not to forget "with an open eye" . Magic of Googly below 142 for 135 Googly returns back to starting point Fevicol - unbreakable Double Top & Bearish Bat@164.30
NSE:PNBLong
by WaveTalks
49
Where is the Direction ??? Hindalco is just getting rejcted from the above trend line again and again, and getting support on below trend line.... Looking at current scenario it is clearly directing that price may go down till 185-190 regions ... Tgts are : 196/192/188 SL 201 Hopefully, we may see price reversal at 185 , if that not happen we may see further more down side... Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
NSE:HINDALCOShort
by MrAkshatP
2
Trading - Risk ManagementHi , All the post are on trading /technical analysis. So thought of putting something on risk management . What is Risk Management ? Now don't look blank, if your in markets you have to know about it. Does every trade has risk and Is quantum of profit assured ? Yes every trade comes with risk and no assurance of profit. How much risk can you take ? Lets begin by example , Let say you have capital of 1 lakh. Than the Basic risk you can take is 7 % of capital , why 7 ? I just divided 1 lakh with 13 (fib number) , we get 7.69 (approx 8) which is also fib number. So lets round it to lower side 7 so 7 % of capital . So your risk profile is 7 thousand on capital of 1 lakh, if you decide to take 2 trade it becomes 3.5 thousand per trade , 3 trades is 2300 per trade. What risk reward ratio trade you can take ? Risk : Reward has be 1:2 minimum , 1:3 and above is better , 1:1 risk reward can ruin you out of market (Refer : Google it : Nauzer Balsara :Risk to ruin) What position size you can take ? So once you know your risk is 7 thousand on capital of one lakh and let say you decide to enter a trade with stop loss of 10 Rs than the position size you can take is 7000/10 = 700 shares ,i.e you cannot enter into trade where lot size is 5000. How muck risk can you take per day , per month ? Your risk per day and per month remains same , if you suffer loss of 7 thousand on capital of 1 lakh in between the month than you have to wait for next month for taking a fresh trade (Remember markets are forever but your capital is limited) Rather than taking 7% risk you can choose it on lower side also like 6,5,4 as per your choice, Above points should act like a reference.
NSE:NIFTYEducation
by neneram
15