Day Trading Stocks & Futures

Tlahuicole

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

I remember I had once lost 45 K because my UPS coil burnt and brokers phone was engaged ...from that day bought a stabiliser and a second inverter with separate batteries in manifold works much cheaper and full peace of mind.

ST
ST requesting you to clear some old pms please :(, not able to pm you.
 

kiran_thiru

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

m very angry :mad:, inverter not working may be MCB tripped , bot NF and SBIN 1850 CE in the morning , then electricity went off around 12:30 , after that had to watch quotes in nsemobile in my tablet, this nsemobile fkker when I tried to login but message was incorrect password , khali pili sala :annoyed:, 4-5 times I tried but this ******* did not let me login and cud not exit at profit, light bhi nahi aayi , last mein call & trade se square off karwa diya , NF at cost and SBIN 4.5 point loss , light aayi sala 3:15 par @#@#@#@@ , anyway after that I checked charts and within 5 mins of my squareoff there was a selloff :lol:
no trading unless inverter starts working, electrician ke hathh meinn hai,, how many days rest :mad:
 
re: Day trading Nifty & Banknifty Futures

for starting reading charts which software should I use? can you please help with a link?
thanks
Link of softwares or you want web chart?

For free but good web charts:-

https://www.google.com/finance?q=NSE:NIFTY
Log in with your gmail then change settings and technicals according to your need. Make a portfolio with your favorite stocks for quick access.
Free EOD chart:
http://www.icharts.in/charts.html
For advance intraday charts you need to subscribe.

------------
For software Amibroker is good. For free data feed ask thread owner Trader Ravi. He will guide you. :D

He is using NOW to Ami for free charting, he can guide beginners like you in simple steps how to use it. Similar free data feed available from NEST to Amibroker also. Many friends are using it. They can share it here also in simple steps. :thumb:

Happy Trading.
Cheers.
 

trump

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

Why not use ur lappy incase of emergency.Well for places where blackouts are inevitable and regular one has to keep inverters.another option is solar cells.solar cells are costly. But over yrs solar cells will be much cheaper and more reliable.but yeah for mcx people one still need to hv inverter or an genset.

Ok, i think i hv seen an video of an pro trader where in he reacts very calmly in such situations.remember the time was of very fast mkt movement and he was put in a position where in his risks are around 5k USD.now kaboom.his workstation fails.then his power supply fails.then he switches on calmly his powerbackup and then his workstation after debugging some glitches.that too without any anxiety and blinking an eye.no panic.then he reboots everything and he is on the system again.all said its really very difficult to get that mind set.it needs years of practice and lots of experience.A noob like me hv to take yrs to reach that calm state. The other day my stoploss didn't even trigger,while price zoomed past it.then i panicked. slippages caused heavy heart beat,sweating,and numbness clearly indicating i am still a noob.Kudos to those who hv mastered the skill of selfcontrol at daring times.
 

AFORASTRO

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

hainji sab a gaye ........to chalo suru karo ....... nifty udd....sensex phuur.....khangress udd.... abb yahi kaam bacha hai....waise tagda bull trap tha yeh december series me..
 
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Tlahuicole

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

Hi ST,

Today BNF I shorted on aggressive pivot but once market went sideways I closed the trade as I do always, but last 35 mins before I short again and covered at 3.24 PM. Do you suggest getting out of a trade once we detect sideways or stick with the original stoploss and do not close positions till stop taken out.
 

comm4300

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

m very angry :mad:, inverter not working may be MCB tripped , bot NF and SBIN 1850 CE in the morning , then electricity went off around 12:30 , after that had to watch quotes in nsemobile in my tablet, this nsemobile fkker when I tried to login but message was incorrect password , khali pili sala :annoyed:, 4-5 times I tried but this ******* did not let me login and cud not exit at profit, light bhi nahi aayi , last mein call & trade se square off karwa diya , NF at cost and SBIN 4.5 point loss , light aayi sala 3:15 par @#@#@#@@ , anyway after that I checked charts and within 5 mins of my squareoff there was a selloff :lol:
no trading unless inverter starts working, electrician ke hathh meinn hai,, how many days rest :mad:
Ravi :

you are a full time trader. Buy a laptop. the battery would last 3 hours at least saving you precious trade.

tablets/mobile phones may not be as effective for full time traders. they may be good for someone who occasionally checks quotes.
 
re: Day trading Nifty & Banknifty Futures

Hi ST,

Today BNF I shorted on aggressive pivot but once market went sideways I closed the trade as I do always, but last 35 mins before I short again and covered at 3.24 PM. Do you suggest getting out of a trade once we detect sideways or stick with the original stoploss and do not close positions till stop taken out.
Getting out in sideways is fine as long as you are confident of making a re-entry when needed.If my entry is away from sideways zone, I dont exit in sideways but if the entry is closeby, then I exit and re-enter.

Smart_trade
 

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