Day Trading Stocks & Futures

[Jai Mata Di]

re: Day trading Nifty & Banknifty Futures

I always found myself in wrong side(opposite u) whenever nifty moves back in last 15 mins in falling market , 3-4 time given away profits in last 4 weeks, this way
my mind always works in short side and urs in long side.

How many times I have to say the basic rules... :lol:

A day trader while using smaller time frames like 2,3,5 minutes etc for trading must also aware of broader market trend from 30 Min, 1Hour, 4 Hour and Daily Charts.
And important Fibo Levels of last bigger swings moves in hourly and daily charts. Only some very good price action traders (already present here ) can skip the above rules.

When broader trend is up and we are playing with a short term down move with smaller time frames, we have to book profit quickly or partial profit booking must. Exact timing is difficult for those who trades with fixed lots at one time or with single lot.

I knew this week is tough to trade even though world market is falling and falling. So tried to help a little bit.

And another very easy point for such bullishness you almost forgot. Where is the Weekly Pivot and where is market now?

But, I can't remember you every time.

Note down all such imp sup-res, fibo and pivot levels before start of day trading everyday (mark them with your chart) and make profit.


Best Wishes to ALL.
Happy Trading.
Cheers.

 

[stock72]

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

At least that guy does not even getting cold

 

[DIVYEDIX]

re: Day trading Nifty & Banknifty Futures

How many times I have to say the basic rules... :lol:

A day trader while using smaller time frames like 2,3,5 minutes etc for trading must also aware of broader market trend from 30 Min, 1Hour, 4 Hour and Daily Charts.
And important Fibo Levels of last bigger swings moves in hourly and daily charts. Only some very good price action traders (already present here ) can skip the above rules.

When broader trend is up and we are playing with a short term down move with smaller time frames, we have to book profit quickly or partial profit booking must. Exact timing is difficult for those who trades with fixed lots at one time or with single lot.

I knew this week is tough to trade even though world market is falling and falling. So tried to help a little bit.

And another very easy point for such bullishness you almost forgot. Where is the Weekly Pivot and where is market now?

But, I can't remember you every time.

Note down all such imp sup-res, fibo and pivot levels before start of day trading everyday (mark them with your chart) and make profit.


Best Wishes to ALL.
Happy Trading.
Cheers.

Thanks a lot :thumb::thumb::thumb:

 

[DIVYEDIX]

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

Earlier it was fun to watch all being put to mat. But nowadays sometimes it become a bit jarring. But you have to give that guy has some capabilities of pulling high & mighty from their comfort zones.

 

[Tlahuicole]

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

Same issue in my home too but they stopped telling me when I said "you stop watching serials and I will stop watching wwe"

good point isnt it

 

[poor_trader]

re: Day trading Nifty & Banknifty Futures

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

Oh....welcome in BNF family........................Compare to NF ......BNF.....is so strong.....waiting to cross 11350 spot........will jack pot for all trader if cross 11850 spot.... 13500 in my card.......:thumb:

 

[poor_trader]

re: Day trading Nifty & Banknifty Futures

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

BNF .............is favorite piece of cake for all gamblers........even for dabba traders......so......ST bro........be care with BNF......it's yo-yo...will never smooth.....:thumb:

 

[timepass]

re: Day trading Nifty & Banknifty Futures

No trade is also a trade decision and a very difficult one too....so you have done very well.

ST

Your comments inspire confidence.

 

[timepass]

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

At least that guy does not even getting cold

Earlier it was fun to watch all being put to mat. But nowadays sometimes it become a bit jarring. But you have to give that guy has some capabilities of pulling high & mighty from their comfort zones.

That show is now more about Arnab than with issues. The same with Deepak Chaurasia at 8pm. I prefer to watch the those debates where the speaker has a timer going (NDTV, India News etc.)

 

[anup]

re: Day trading Nifty & Banknifty Futures

That show is now more about Arnab than with issues. The same with Deepak Chaurasia at 8pm. I prefer to watch the those debates where the speaker has a timer going (NDTV, India News etc.)

Yes i agree..Sometimes he overdoes himself....And morover there is no conclusion at the end...

Arnab doesnt allow others to speak... But still i prefer his shows because he is unbiased and he wont allow anybody to dominate, Infact he himself dominates the show.. Ha Ha... :clap::clap::clap::clap::clap::clap: