Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures



U missed the import point ... to bring back my ledger all time high i need to cover nov loss..
ya if dec end loss then i need to cover nov and dec losses :D:D
yeah i got that..and u r not getting my point, if you trade to make up ur losses then you will find yourself holding ur loosing trades longer, cutting ur gains short, averaging ur losses....and even billion $ aren't enough if you are wrong side.. please realize the significance of this, i know i may not be experienced enough to advice u but if it's warranting attention of seniors members then it must be something to consider, we all are ur well wishers here.

Regards
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

any chance of 6250 in NF :confused:
It is technically in excess (overbought zone beyond +2SD2day and into correction.....pb to 15min band (6200-6150) or to +1SD2day (currently at 6176) but it could become a time correction(sideways) until these levels come up and then trend resumes or fails....lets see

 

stock72

Well-Known Member
re: Day trading Nifty & Banknifty Futures

cool dude.. will follow my system religiously..
only what i said it would good to see 15 days like this to cover my losses ..
:thumb:

yeah i got that..and u r not getting my point, if you trade to make up ur losses then you will find yourself holding ur loosing trades longer, cutting ur gains short, averaging ur losses....and even billion $ aren't enough if you are wrong side.. please realize the significance of this, i know i may not be experienced enough to advice u but if it's warranting attention of seniors members then it must be something to consider, we all are ur well wishers here.

Regards
 

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