Day Trading Stocks & Futures

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

thank you ST sir :thumb::thumb::thumb:.
as novice trader we book profits quickly and holding loosing positions patiently.

previously i am also same as above. now i learned that quit from losses qickly, but not practiced well in holding gain position. i think it takes some more time to avoid this behaviour.

as per my indicator i followed the trend reversal and closed the trade. but when in profits fear comes and quits trade early, missed some more profit.

how can we learn, any suggestions please.

 

[poor_trader]

re: Day trading Nifty & Banknifty Futures

thank you ST sir :thumb::thumb::thumb:.
as novice trader we book profits quickly and holding loosing positions patiently.

previously i am also same as above. now i learned that quit from losses qickly, but not practiced well in holding gain position. i think it takes some more time to avoid this behaviour.

as per my indicator i followed the trend reversal and closed the trade. but when in profits fear comes and quits trade early, missed some more profit.

how can we learn, any suggestions please.

What do we do as traders......?

We risk an amount of money to get another amount of money.....

risk money + get more money = Trader....:thumb:

 

[Jai Mata Di]

re: Day trading Nifty & Banknifty Futures

... As the prices keep changing, it is a human nature to resist any change ...

Trust the above helps...

Smart_trade

:thumb:

------------

And.. as I said it many times earlier..

The Biggest Chance of Making Money is at the Beginning of A New Trend, when most of Traders Mind Don't Believe his/her Own Technical System.

At the end the success in trading mainly depends emotional balance of Ego, Hope, Patience, Greed and Fear.
And of course money management (including right stop losses and partial profit booking) and variable position sizing (according to risk and reward).

Best Wishes to ALL.
Happy Trading.
Cheers.

 

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

We have too many bosses, but too few mentors in real life.But here everything seems to be opposite. Feeling Blessed.

 

[jagankris]

re: Day trading Nifty & Banknifty Futures

Dear Oilman ji,

Please elaborate on understanding Objectivity.
TIA.

 

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

today nifty updated check this image. observe OHLC.

 

[pakatil]

re: Day trading Nifty & Banknifty Futures

6600 coming on Monday....?

:clap::clap:

 

[Amar_Candlestick]

re: Day trading Nifty & Banknifty Futures

Pakatil Sir ji Ka Lamba Long Position Lagta Hai

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

6600 coming on Monday....?

:clap::clap:

300pt gap

 

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

today nifty updated check this image. observe OHLC.

how is it possible as nothing is traded on Saturday and Sunday ...I checked in my NOW NSE it is at 63xx