Day Trading Futures

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pratapvb

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NF option still not come up much

1st chart is as of close yday

2nd as of now (latest)



latest
 
very true sirji.. but very difficult task for people still in the learning curve (me on the top of the list) :D Faced the music yesterday and day before :eek:
yes , it is hard because managing risk takes lowest priority for most traders. Greed over takes and as a result they make mistake. It will take time and practice to master over greed.

All risk management and discipline is thrown out the window when greed & fear takes over.

It is hard because of the nature of greed and fear built into humans and as traders you must practice control over these two major emotions , until then you will be on the losing side.

Control on greed and fear is not taught to us since birth , only when you want to become a trader do you pay any attention to these.

Keep practicing.....
 

XRAY27

Well-Known Member
My total picture so far in this month
nifty future
intra: Till now added to +107 points nifty options +28 points
positional :-6 points nifty options -3 points....
 

pratapvb

Well-Known Member
Can we expect some corrective moves towards eod ?
why wonder and speculate which way mkt might go....just ride it till it reverses ...and the ride in reverse
 

XRAY27

Well-Known Member
Can we expect some corrective moves towards eod ?
@manish

EXPECTATION WILL MAKE US EMOTIONAL WHICH WILL GIVE LOSS
SO ACT AS TRADER..
Remebering Jesse Livermore quote

The stock market is never obvious. It is designed to fool most of the people, most of the time.


we will act when things happen...
 
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