Day Trading Stocks & Futures

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

:clap::clap::clap::clap:

any advice on holding onto long position or book profit at opening(If there's a gap up)?

Its very tough to decide the exit levels when we are in profits :mad::mad:
shorters are trapped so it sud not come down atleast for first 30 minutes but all other markets are in red , so better use a level as TSL.
 

jamit_05

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

This is how market humbles swing traders. You do an analysis. Then take a trade. Sit on that trade for 3 days. Then on 4th day at EOD market takes out your stop on the last candle of the day. Next day huge gap up. And you make nothing.
Sure. This happens every now and then.... but a more frequent occurrence is of gaps in favour and capturing all big moves to an extent of 500 points...
 
re: Day trading Nifty & Banknifty Futures

and our comments :annoyed:
Our ?? I think TPTR's comments invite laughter :D We make people happy, don't we.
 
re: Day trading Nifty & Banknifty Futures

:clap::clap::clap::clap:

any advice on holding onto long position or book profit at opening(If there's a gap up)?

Its very tough to decide the exit levels when we are in profits :mad::mad:
If i am in your paosition , I will exit long and write put to buy at lower levels. You can also buy higher strike price pe of 100 points and lock profits . If market goes does down atleast your profits will be locked. if it goes up, still you can gain on holding
 

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