JStock

JStock is an open source, cross-platform stock market application that gives real-time information to track all of your stock investments. The utility aims to provide current exchange rate information to stock market enthusiasts, investors, stakeholders, businessmen or even students who are looking to study latest market trends and current stock market updates. The built-in Stock Watchlist feature supports a total of 26 world stock markets including Australia, China, Denmark, France, Hong Kong, India, Italy, Malaysia, Norway, Switzerland, United States and United Kingdom. You can create multiple watchlists if you want. As of now, the program grabs public data from Yahoo! Finance. Being a comprehensive stock market tool, it allows portfolio management and setting SMS or email alerts to keep abreast with latest stock market updates. If a particular stock  reaches its selling or buying share price, you can chat with other members to gossip about hot market tips. You may also store entire database on your computer or on cloud to access it from anywhere.
Jstock is a multilingual tool that offers an appealing GUI with five different selectable themes (Metal, Nimbus, CDE/Motif, Windows, Windows Classic). It contains five different tabs for organizing the stock market, including  Stock WatchlistStock Indicator EditorStock Indicator ScannerPortfolio Management and Market Chit Chat. When you launch the application, it automatically gets connected to the stock exchange server database. The are nearly five thousand stock companies listed in the database, but you can always add a stock symbol manually from Database –>Stock Database menu. To add stocks to your Watchlist, click Edit on the menu-bar and then Add Stocks. Here, you can select stocks based on entire stock market, boards (NYSENasdaqAMEXPink Sheet and User Defined) or industry. After making your selection, click OK to display stock information on the Watchlist such as company’s symbol, code, share price etc.
As mentioned earlier, you can set alerts for certain buying or selling stock points. To do so, click Stock Indicator Editor tab to manually set the alerts. If you want to check industry trend, let’s say for NASDAQ board,  you may click Nasdaq Composite on toolbar to open chart diagram showing price and volume fluctuations during the years. It also allows you to do various technical analysis of the statistical data.
Portfolio Management tab lets you buy and sell company stocks. You can also set dividends on your purchased shares by clicking Dividend button. Clicking Cash opens Cash Deposits and Withdrawals dialog to easily add, edit, and delete the cash deposit and withdrawal amount.
You may customize the application by heading to Options from the menu bar. Here, you can set broker fee by inputting Broker FeeStamp Duty and Clearing Fee for the broking firms. The Wealth menu gives options like currency conversion and expected profits in percentage. Head over to Speed to configure stock scanning speed in seconds. Other settings include Alert, GUI, Color, Network, Indicator, Chat andUpdate.
The application works on Windows, Linux, Mac OS X and Solaris, provided you have JRE (Java Runtime Environment) installed already. Both 32-bit and 64-bit OS editions are supported.


How to trade:
  1. Start the scanner from 9.25 AM and let it search the whole day.
  2. When ever you get a recommendation enter at the CMP and don't wait for the price to retreat.
  3. I am trading minium 10 Scrips - alloting 1,00,000 for each scrip.
  4. It is a must to trade 10 scrips, because some will give you loss also and at the end of the day you will get good profit.
  5. If you get the 5 scrips as buy and 5 scrips as sell then you can get better profit.
  6. close down everything before 2.15 PM. Don't wait more than the time indicated.
Indicator Credit: Gopi

Earn daily in your choice of stock


The list of LIX stocks can be viewed at:-http://www.nseindia.com/products/content/equities/indices/LIX_15.htmI generally refer many trading websites/blogs, etc…so it is possible that you might found it somewhere else too and hence I am not at all taking any credit for this.
Here is the setup:-
1)      Stocks/Index trading in a Positive or Negative crossover of EMA 50 and EMA 100 on intraday 5 min chart.(most of the times each and every scrip would be either trading negative or positive)
2) 14 period RSI.
3) We will buy the stock/index if EMA 50 > EMA 100 and RSI after dipping below 50 levels again surges above 50 levels and price would have at least touched 50 or 100 EMA.Buy would be above the high of the candle whose RSI is more than 50.You can have a risk reward of 1:2 in any trade. You can decide the SL as previous swing low and hence according the target.But generally if the Stocks/Index is trending well it would go to touch previous high, so would recommend you to trade in minimum two lots.Book profit in one when we even break even level.
4) Reverse for short.          
5)Trade would be initiated after 10 am and no new trade after 3.Of course you can wait to book profits till 3.25 in you already opened positions .
6)Better to avoid on big announcement days like RBI policy.
Charts are attached for your reference.You can bend any rule, sparing the basic setup and trade according to your trading style. I would suggest options trading for newbies and those who want to generate more return on capital invested. But again trading in options involves risk too .Never ever average a losing position, just come out when our SL gets triggered.
The biggest advantage of the strategy is it is purely intraday (of course you can carry over if you have total conviction in the trend of the Stocks/Index) and hence no sleepless nights.
Have a good time with your family member’s after market hours……
Contribution: Chintan


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