Day Trading Futures

[nirav_j]

An hourly close above 6478 for the bar ending 3pm invalidates the TD Buy setup @ 8.

attaching both charts ....

 

[VJAY]

Am sure most of the swing traders made money in this month ...for me both intra & swing good for this month though last 2 trades(swing) given me loss including one wrong trade

 

[Tlahuicole]

Am sure most of the swing traders made money in this month ...for me both intra & swing good for this month though last 2 trades(swing) given me loss including one wrong trade

VJAY yeah, I am not swinging now a days but intraday is going better, just I hate friday losses .

how is your crude oil trading going?

 

[manishchan]

I might be able to help you solve this 'exit' problem.

you have to learn to exit like a institutional trader. What they generally do is exit @ 1:1 or 1:2 depending on trend or range conditions.

Don't try to guess where price will go and exit. Simply set 1:1 or 1:2. The reason for this is the traders equation. Google it and learn to use the traders equation and your should find it easier to exit.

Most people get greedy and think price will trend or they will hope that price will go in their favor 'just a little more' , only to see it turn around and take their stops.

you need good discipline to exit, which most people simply don't have.

I think this is also mentioned somewhere in one of the Al Brooks books. No matter where the market goes, one is a winner as long as he/she meets their rule defined target.

 

[throwawayacc123]

I think this is also mentioned somewhere in one of the Al Brooks books. No matter where the market goes, one is a winner as long as he/she meets their rule defined target.

Yes, it's from al brooks. He is a PA Guru...

 

[VJAY]

VJAY yeah, I am not swinging now a days but intraday is going better, just I hate friday losses .

how is your crude oil trading going?

stopped crude ...unable to handle long trading hours ...health started to making problems due to long trading hrs...so stopped it last month....thats why now some kind active in TJ again

 

[Tlahuicole]

stopped crude ...unable to handle long trading hours ...health started to making problems due to long trading hrs...so stopped it last month....thats why now some kind active in TJ again

Thats better I think trading in BNF or NF itself will be enough.

 

[Somatung]

Will BNF start moving I don't want to end friday with loss :annoyed:

Are you ready for the move

 

[DIVYEDIX]

TSL jp at +1.5 kahan tak jayega

 

[Gandhar.]

TSL jp at +1.5 kahan tak jayega

wow good :clapping: