Re: 104 Technical trading experiments by HUNTER

[HUNTERTop contributor]

We Welcome Nihal to the thread!

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As most of you suggested and now, we have 10 members joined the group, we can resume our expedition.

Let's plan to take our next trade in early January.

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To Remind of you the experiment suggestions:
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* We will take 104 trades; one at a week
* Expect the participant to decide on how much to put in one trade; I suggest anything between Rs 200/- to Rs 2,000/- per each trade. Expected to put equal amount in all trades.
* I have already explained the trade set up we would follow, we will buy at the formation of the technical set up; sell it either SL or TP level is reached or else close at the end of the planned holding time.
* Personally, I might not sell at the SL levels, but it is up to each individual to take that risk. If you're new, I suggest sell if SL is reached.
* We will keep records of each trade, will review time to time
* You are encourage to discuss what you feel about any trade at any stage; let's make this interactive.
* The main objective of this experiment is to practice and learn about trading, not to make profits.

Clear?

[yellow knifeTop contributor]

Clear
I will buy in Rs 2000s per each trade and I will sell when recommended and I am new to this kind of trading.

I was a trader in 2011 where I purchased in maximum and sold sooner I feel to sell.

May be I am learning Hunter Method with this

[HUNTERTop contributor]

Clear
I will buy in Rs 2000s per each trade and I will sell when recommended and I am new to this kind of trading.

I was a trader in 2011 where I purchased in maximum and sold sooner I feel to sell.

May be I am learning Hunter Method with this

Action Plan:

* Will buy upon the green light.
* At the time on buying, will define where or when to sell, in any of the following 3 conditions:
1. Reaching the TP level; sell with profit
2. Reaching SL ; sell with a loss to avoid further losses
3. Expire the time period: sell at either loss or profit, at the end of expected hold time.

Above will be very clear after a couple of trades taken.

[HUNTERTop contributor]

Following is an example to indicate what kind of portfolio growth we expect out of our trading in the long run.

Some trades will be profitable, some will be loss making. On average, we should look forward to some growth.

[nihal123Top contributor]

Thanks Hunter
I have to read lot

[sereneTop contributor]

Thanks all.Happy that all issues were dealt amicably  
Let's get started.To me also Rs.2000 ok..
Luckily I have read two books but have to go through again.
One question I have is what should we do if someone already have share in its PF of which we are going to buy.
What I was thinking is to buy from other Broker account if u already have the share under consideration  in one account.as I currently have more than one account I can do this.
What ever issues are arising it's high time to start the experiment.
All the very best for us

[lanka]

0k,dear Hunter.

Thank you very much

[HUNTERTop contributor]

Yes let's resume our trading, hope to take the next trade in early January, next week.

even if you already have the share, I suggest taking a new trade. If you have a separate account for trading, that's ideal. If not, you can make a note of your trading details and track your performance manually.

[HUNTERTop contributor]

Considerations for next trade.

ABAN.N is showing a pattern for movement from 95/- to 120/-

Does anyone see the formation?

we can try buying just after X'mas.

[lanka]

Ok,Hunter
Thank you

[HUNTERTop contributor]

Following could be other candidates.

TJL.N
MGT.N

[lanka]

Thanks Hunter.

[Senarath67]

Thank you, Hunter. Also appreciate for encouraging us to read "Trading in the Zone" by Mark Douglas. I have started with the audio book.
This is a noble mission you have intiated to guide novices like me and probably many others who were engaged in trading without much understanding methodical approach.

[yellow knifeTop contributor]

Now Hunter, its time to be specific.

What should I Buy.? Somewhere you have mentioned to buy AEL and thats where TOPCAT said he purchased.

Here you talk about ABANS, TJL, MGT... At what prices should we buy?

[AdminAdmin]

May I suggest separate threads for each in the same section?

[yellow knifeTop contributor]

Good Idea....Admin

[HUNTERTop contributor]

Welcome Pathfinder to the thread!

To clarify YK s question, I am suggesting you to look at TJL, MGT....price movement. We are not buying yet.

I will clearly indicate when to buy and what to buy later.
For the time being, just be watchful of those shares.
And be watchful of your emotions towards those shares; do you feel like buying? Or feel like not buying? Or just feel neutral?
Please be feel free to comment.

So far we have entered only one trade AEL.N

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For the time being, we will continue with one thread. After taking about 10 trades, we will decide to have separate threads.

[HUNTERTop contributor]

BIL.N and LOLC.N look hot, probably with recent news / rumor. An ideal situation for practicing trading.

LOLC for very short term trading; few weeks if not days.
BIL for holding few months.

Which one would you prefer to trade?

Will make the decision tomorrow or day after.

[HUNTERTop contributor]

LOLC.N trade:
=========

I expect LOLC to rise to 190 and come down to 170s. within 2~3 days

Then with the rise again near 190 we will make the decision to buy.
Selling near 240/- in a week or two.

[lanka]

Thsnk you Hunter

[HUNTERTop contributor]

LOLC does not yet show the set up but BIL shows.

Let's take the BIL trade now!

BUY now: @ 5.40 ~5.50

SL will be 3.90
TP will be 6.90

Holding time: 3 months, until April 2020

This is our Trade #002

[Senarath67]

Thank you, HUNTER.

[BackstageTop contributor]

Very good, up and running I see. I will have to activate a dormant account for this as I have a few of the shares mentioned in my pf hence a blurring.
Recovering from the excesses of the silly season with a cold and aching body.
Jayawewa !

[HUNTERTop contributor]

Finally BS has decided to get little wet!
Happy about that.

BTW: I can understand the cold,
But, aching body......?

[BackstageTop contributor]

Finally BS has decided to get little wet!
Happy about that.

BTW: I can understand the cold,
But, aching body......?

Having a good time is a lot of hard work my friend. I will not go into the details......