Day Trading Stocks & Futures

[Tlahuicole]

re: Day trading Nifty & Banknifty Futures

ST,

Do you trade all signals you get are stop after maxloss per day, I have this doubt because everyone has different opinion so wanted to check yours as sometimes even after 4 loss trades we might get a good trade.

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

ST,

Do you trade all signals you get are stop after maxloss per day, I have this doubt because everyone has different opinion so wanted to check yours as sometimes even after 4 loss trades we might get a good trade.

My system does not give more than 4 trades in a day. Normally it gives 2-3 trades, sometimes 4. So I will not hit max loss per day limit. But if all 4 go in loss and my max loss per day is 4 % and I am risking 1 % on each trade, I wont take any further trades on that day. 4 losses in a day is extremely rare and it means that something is amiss...so wont take any further trades.

ST

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

what will be nifty fut range tomorrow ? Any guess ? Option premiums and vix will come down.

St

6180 - 6250.

 

[Pradeep Narayan]

re: Day trading Nifty & Banknifty Futures

What will be Nifty Fut range tomorrow ? Any guess ?
ST

Guess: 6222 - 6155 NF, if 6155 holds (and it will) then this forms the base for launch next week

 

[sekharjchandra]

re: Day trading Nifty & Banknifty Futures

6180 - 6250.

I guess tomorrow's NF trading range wud be 6250 to 6300.. SGX Nifty already trading@6245..

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

ST,

Do you trade all signals you get are stop after maxloss per day, I have this doubt because everyone has different opinion so wanted to check yours as sometimes even after 4 loss trades we might get a good trade.

people here trade BNF as swing , I wonder how u trade it in intraday , it moves very fast sometimes 70 - 80 points in one candle, very high chances of hitting SL of 30 - 40 both sides.

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

people here trade BNF as swing , I wonder how u trade it in intraday , it moves very fast sometimes 70 - 80 points in one candle, very high chances of hitting SL of 30 - 40 both sides.

It moves big so one needs a stoploss of 30-40 points. It does not come down 40 points when it is in a trend.These days lot of people are trading BNF so BNF movement is fairly smooth now, it was much more volatile before.

ST

 

[Tlahuicole]

re: Day trading Nifty & Banknifty Futures

people here trade BNF as swing , I wonder how u trade it in intraday , it moves very fast sometimes 70 - 80 points in one candle, very high chances of hitting SL of 30 - 40 both sides.

Yeah Ravibhai, but some how I feel convenient in BNF, Regarding stops, I only enter if my stop loss is below 35 points. Today I had minor loss in BNF cant complain I just lost 26 points in 3 trades including break even points. Other losses from swing trading DLF, RCOM and TATA STEEL.

BNF lover

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

Regarding stops, I only enter if my stop loss is below 35 points. BNF lover

gud point , tight stop with high probable trade :thumb:

 

[anup]

re: Day trading Nifty & Banknifty Futures

My mom always scold me that after growing up also why do i watch WWE daily from 9 to 10.30pm... After few minutes i realised that its the "News hour with Arnab Goswamy"...

She has asked once how can that guy talk daily ...Lol!!

Can anyone stop Arnab