2014-Determined to do it

[The Monk.]

Given up on the longs
Sold all 6 lots @ 6129

 

[timepass]

Given up on the longs
Sold all 6 lots @ 6129

Maybe now it will go up to 6200

It always happens with me. The positions turns to bumper profits after I book a loss on it

 

[The Monk.]

Maybe now it will go up to 6200

It always happens with me. The positions turns to bumper profits after I book a loss on it

looks like what you said are coming true..

 

[kiran_thiru]

I think that nifty spot will once again go below 6000, at least once.

TP dont scare him

Maybe now it will go up to 6200

It always happens with me. The positions turns to bumper profits after I book a loss on it

TP bhai, bahut majak karthe.

:lol::lol::lol::rofl::rofl:

 

[The Monk.]

Tried some quick fire trades in the intraday account, which backfired .

TRADE TRACKER

 

[The Monk.]

Kept out of the markets today, was actually doing an self introspection of my trading. January was a very bad month for trading , in a drawdown . I have to think how to recover the looses in february so that i can bring the a/c in positive.

Thinking of trading aggresively in feb . The Modi factor could drive the markets higher ,i dont think the markets have factored the elections results yet , so an market rally is a possibility .

anyhow lets see, i will prepare a plan for recovering the loss first which is imp .

 

[silenthelper]

Given up on the longs
Sold all 6 lots @ 6129

I also quit today....... avail to minimize the loss....:thumb:

 

[The Monk.]

I also quit today....... avail to minimize the loss....:thumb:

are you bullish or bearish in the short term, acutually i am bullish ,but price is not supporting my views. so am confused.

 

[augubhai]

Thinking of trading aggresively in feb . The Modi factor could drive the markets higher ,i dont think the markets have factored the elections results yet , so an market rally is a possibility .

acutually i am bullish ,but price is not supporting my views. so am confused.

r u a technical trader? just because u have to recover the loss, don't create reasons. if u are a technical trader, wait for the market to tell u where it is going.

 

[The Monk.]

r u a technical trader? just because u have to recover the loss, don't create reasons. if u are a technical trader, wait for the market to tell u where it is going.

i use technicals to time the markets , but my being bullish or bearish depends on various other factors . Now my being bullish is because of the market yet to price in the modi factor , which my assumption tells me will take markets much higher , the first stop is somewhere around 6700-6800 . I am still hopeful of catching that move .

Now if u are referring to daily fluctuations then my style is different , catching 10-15 points move with a 2-3 point stop . This game is completely diff from my positional play .

what i beleive you can make buckets of money when u can successfully catch a big trend.

This 10-15 point catches are only good for daily bread & bear. :beer: