Day Trading Futures

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onlinegtrash said:
onlinegtrash said:
amitrandive said:
Did you trade only Nifty and Bank Nifty ?

If possible can you please share your trades today ?
The first trade is covering of overnight call I bought yesterday for at 16.xx
So the started with 12+k loss from previous equity high of 33979.50... a blunder.

but the rest of the trades where super awesome :)

Code:
25/09/2014 09:58:05, NIFTY14SEP8050CE SELL  1000/1000 2.40/2.30      complete
.......................................
25/09/2014 15:06:50, NIFTY14SEP7950PE SELL  1000/1000 62.00/62.00    complete
25/09/2014 14:56:59, NIFTY14SEP7950PE BUY   1000/1000 32.90/33.00    complete
25/09/2014 12:13:42, NIFTY14SEP7950PE SELL  4000/4000 9.85/9.85      complete
25/09/2014 11:51:48, NIFTY14SEP7950PE BUY   4000/4000 7.65/7.65      complete
25/09/2014 10:49:08, NIFTY14SEP7950PE SELL  3000/3000 11.00/11.00    complete
25/09/2014 10:46:04, NIFTY14SEP7950PE BUY   3000/3000 9.10/9.10      complete
25/09/2014 10:36:26, NIFTY14SEP7950PE SELL  3000/3000 9.80/9.80      complete
25/09/2014 10:31:41, NIFTY14SEP7950PE BUY   3000/3000 7.80/7.80      complete
25/09/2014 10:26:04, NIFTY14SEP7950PE SELL  2000/2000 5.65/5.65      complete
25/09/2014 10:02:00, NIFTY14SEP7950PE BUY   1000/1000 4.45/4.45      complete
25/09/2014 10:00:50, NIFTY14SEP7950PE BUY   1000/1000 4.45/4.45      complete
---
Just imagine If I had simply stayed with
Code:
25/09/2014 11:51:48, NIFTY14SEP7950PE BUY   4000/4000 7.65/7.65      complete
till EOD... the high was 66!!! but I was scared and missed a big chunk of leveraged move
who wants to go empty handed just in cast 7.65 went to 0.05 :)
So only lately I managed to grasp the up move after 32.9... with 1/4 of qty but it was responsible for 50% of todays profits!
just posting our private msgs...
 
kuch nei.....excited.....like ST....now edited.....:)
Excited like me ? I never get excited by profits and also never feel too low with a small loss...profit and loss is everyday happening for a trader....excite or deject kyun hona hai ?

Smart_trade
 
Profits many can handle...but if in loss, if your family or others whom you interact with can makeout that you had a loosing day, then we are not matured as traders....same true with profits.Gamblers react showing too much excitement or too much dejection.

Smart_trade
 
Just to narrate a story for fun...In my early days I was following Eliott wave analysis..and I had a Glen Neely book with a black hard bound cover. When my analysis used to go wrong and I used to loose money, I always thought that with a loss I should go back to the drawing board and redo my trading strategy...

So I used to quietly take the Glen Neely book and review my analysis. This pattern was so obvious that my wife used to ask " hmmm....black book in your hand...aaj loss khaya dikhta hai" Now I feel so amused thinking about it.

Smart_trade
 

nirav_j

Well-Known Member
Just to narrate a story for fun...In my early days I was following Eliott wave analysis..and I had a Glen Neely book with a black hard bound cover. When my analysis used to go wrong and I used to loose money, I always thought that with a loss I should go back to the drawing board and redo my trading strategy...

So I used to quietly take the Glen Neely book and review my analysis. This pattern was so obvious that my wife used to ask " hmmm....black book in your hand...aaj loss khaya dikhta hai" Now I feel so amused thinking about it.

Smart_trade
This is a gem !! :)

My mom too figures out in a jiffy how my day was ...

think it would be useful, being chanakian about it ..
 

rrrajguru

Well-Known Member
Just to narrate a story for fun...In my early days I was following Eliott wave analysis..and I had a Glen Neely book with a black hard bound cover. When my analysis used to go wrong and I used to loose money, I always thought that with a loss I should go back to the drawing board and redo my trading strategy...

So I used to quietly take the Glen Neely book and review my analysis. This pattern was so obvious that my wife used to ask " hmmm....black book in your hand...aaj loss khaya dikhta hai" Now I feel so amused thinking about it.

Smart_trade
Dada,

when ever i read your small small stories, like the one just now you narrated, i feel ........ like...... omm humm........cann't describeeeeeeeeee with wordsss.

Thank you.
 
Just to narrate a story for fun...In my early days I was following Eliott wave analysis..and I had a Glen Neely book with a black hard bound cover. When my analysis used to go wrong and I used to loose money, I always thought that with a loss I should go back to the drawing board and redo my trading strategy...

So I used to quietly take the Glen Neely book and review my analysis. This pattern was so obvious that my wife used to ask " hmmm....black book in your hand...aaj loss khaya dikhta hai" Now I feel so amused thinking about it.

Smart_trade
But isn't it the way most of us did when started with trading. What ever we used, and in my case I was doing most thing with STDV, then it did not work, I went back to the chart and what I used and started to search what went wrong until I realized that market not behaves on such pure pattern or math. I first had to destroy that 100% believe until I was able to continue to the next level.

So it is part on the way to become a more, flexible trader when handling such tools a bit more flexible.

By the way: Wish you most relaxing, coming holidays with your family, where ever you go. Take care / Dan :)
 

TradeJoker

Well-Known Member
Just to narrate a story for fun...In my early days I was following Eliott wave analysis..and I had a Glen Neely book with a black hard bound cover. When my analysis used to go wrong and I used to loose money, I always thought that with a loss I should go back to the drawing board and redo my trading strategy...

So I used to quietly take the Glen Neely book and review my analysis. This pattern was so obvious that my wife used to ask " hmmm....black book in your hand...aaj loss khaya dikhta hai" Now I feel so amused thinking about it.

Smart_trade
when i was wokin in a trading firm, somtimes the commodity clients in the other cabin get outside and look in to the sky to check the weather, means they r holding rubber long position, the rubber price usually go upside if its a rainy season :D

and a client bot force motors in bulk, next day he came to the office and said 'now ther r many force vehicle in our town' :D
 
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