18th Dec 2012,

From today we will take some live examples of intra day / short term trading techniques.

Following live examples are for learning only. Do not take any position unless consulting to your advisor.

For this we need to keep aside 26000. 

From tomorrow, we will take position of UGAR SUGAR 100 shares at a time. 

1. At 9.25 / 9.30am, See the buyer seller rates. Whenever there is a gap of 0.30 between selling and buying rate (suppose  buy rate 13.55 & sell rate 13.85 )

a. Put Ist buy order 0.05 above buyer rate( 13.60), 

b. IInd buy order @13.50,

c. IIIrd buy order @13.40,

d. IVth buy order @13.30,

e. Vth buy order @ 13.20 and so on.

Tomorrow morning we will start observing the rates of UGAR SUGAR