Day Trading Futures

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sudoku1

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Hope we will see it soon this week itself. But after that very difficult to go beyond 8000. What you think?
its a guessing game as 2 wen it hits 8000,as its a round fig,selling pressure may curb d rise.bt den 6000/7000 wer also crossed.so penultimately it may pause der but ultimately as a trader one has 2 trade wid d trend hoping dat all resistances r gonna cross while supporting d home turf wid proper stops.i had 2 pay 40 points 2day fr going against d trend.d uptrend wch strtd frm Feb lows of around 6000 is still intact.any positional shorts chartically shud b below 7575:)
 

humble

Well-Known Member
From July 31st to August 5th, BNF has been slippery b/w 15400-15500. Not trying to pre-empt anything, the day so far has been strong.

When a recent resistance is nearing, should one opt for tight stoploss or a large stoploss ? ST Da/Seniors do let us know when you have time.

From my current understanding, I feel a larger stop would be better - we avoid getting stopped out too quickly and then enter the indecisive phase of re-entering or not.

Regards,
 
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