Day Trading Futures

[nirav_j]

There was a great trigger that time from FED and RBI if I remember correctly ..
Now we almost exhaust ..IMO market cannot go further with out a pull back or some trigger ..lot of negative trigger only seems possible ..worst case it can expiry here ..

Expiry day that month had the most awesomest movement for both calls and puts...
Bahoot krantikari..

 

[Smart_trade]

Importance of Consistancy

I got a pm from a member some days back saying that he is making 5-7 % of his capital per month but he gets inferiority complex when he reads other people posting their profits made figures and whether he should change his trading method/style. I told him not to get disturbed...how is he concerned how much X,Y or Z makes...for him it is important how much he makes and whether he makes it consistantly...making 20 % in one month and loosing 40 % in next is no consistancy.

Told him that with practice he can increase his returns to 8-10 % per month and if he achieves that for 1 year, he is a profitable trader...if he does it for 5 years, he is a king in the market...and if he does it for 10-20 years he is going to be a wealthy man....the catch word is consistancy....

Smart_trade

 

[copypasteaee]

Importance of Consistancy

I got a pm from a member some days back saying that he is making 5-7 % of his capital per month but he gets inferiority complex when he reads other people posting their profits made figures and whether he should change his trading method/style. I told him not to get disturbed...how is he concerned how much X,Y or Z makes...for him it is important how much he makes and whether he makes it consistantly...making 20 % in one month and loosing 40 % in next is no consistancy.

Told him that with practice he can increase his returns to 8-10 % per month and if he achieves that for 1 year, he is a profitable trader...if he does it for 5 years, he is a king in the market...and if he does it for 10-20 years he is going to be a wealthy man....the catch word is consistancy....

Smart_trade

hehe thats why i am a copy pastie... as i always try to get copy paste returns every month. Good thought :thumb:

 

[nirav_j]

For the Nifty bulls .. :thumb:

NS Point and Figure

 

[umesh12]

SBIN formed a +ww with target 2540

and

ICICIBANK +ww with target 1560

 

[XRAY27]

During the course of my trading as a full time trader.. ..important point i remember is

"Don't waste your time on other trader's successes.

The only person you're competing against is yourself".

 

[Smart_trade]

Much awaited testimony of Janet Yellen at Jackson Hole has come and gone....it has become almost a non event and Janet Yellen was successful in hiding much of her intentions than revealing them.

With Jackson Hole behind us, our markets will concentrate on expiry, dollar-rupee rates, and crude prices in this week.

Smart_trade

 

[Smart_trade]

Maruti has developed a new 800 CC engine which they are going to use in new SUVs planned and also existing models of cars. This is supposed to be a big breakthrough for the company and company's share prices likely to soar to new highs in days to come.

ST

 

[nirav_j]

Much awaited testimony of Janet Yellen at Jackson Hole has come and gone....it has become almost a non event and Janet Yellen was successful in hiding much of her intentions than revealing them.

With Jackson Hole behind us, our markets will concentrate on expiry, dollar-rupee rates, and crude prices in this week.

Smart_trade

USD INR movement in this context is a bit surprising. USD has been strengthening post the release of the minutes a cpl days before yellens address.

INR has appreciated meanwhile ..

 

[sudoku1]

Expiry day that month had the most awesomest movement for both calls and puts...
Bahoot krantikari..

no obsesession of d past... Jst retain d xperience :-D