Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
I think your actual problem is when your mind is biased (like bearish here), you don't react to what you exactly SEE.
See the example, you expressed your anger around 10:05 AM, the perfect time when technical charts is showing that it was bullish. You clearly seeing that market is not allowing to break 6160 spot, it is failed to break 6172 NF fibo level again and again still why you are not buying with small stop loss there?
You are just expressing anger here that market is not bearish. Instead take opposite position instantly to feel better.
You need to change your mind set first. Don't be biased. Change your position whenever you feel really bad, usually it is the right time. :lol:
Someone rightly said,
"You cannot change the direction of the wind, but you can adjust your sail.."
Best Wishes.
Happy Trading.
I think your actual problem is when your mind is biased (like bearish here), you don't react to what you exactly SEE.
See the example, you expressed your anger around 10:05 AM, the perfect time when technical charts is showing that it was bullish. You clearly seeing that market is not allowing to break 6160 spot, it is failed to break 6172 NF fibo level again and again still why you are not buying with small stop loss there?
You are just expressing anger here that market is not bearish. Instead take opposite position instantly to feel better.
You need to change your mind set first. Don't be biased. Change your position whenever you feel really bad, usually it is the right time. :lol:
Someone rightly said,
"You cannot change the direction of the wind, but you can adjust your sail.."
Best Wishes.
Happy Trading.
re: Day trading Nifty & Banknifty Futures
Although you have addressed it to TR, your reply is applicable to me too.
I managed to let my bias work against me, and not act.
Need to work on my mindset.
I think your actual problem is when your mind is biased (like bearish here), you don't react to what you exactly SEE.
See the example, you expressed your anger around 10:05 AM, the perfect time when technical charts is showing that it was bullish. You clearly seeing that market is not allowing to break 6160 spot, it is failed to break 6172 NF fibo level again and again still why you are not buying with small stop loss there?
You are just expressing anger here that market is not bearish. Instead take opposite position instantly to feel better.
You need to change your mind set first. Don't be biased. Change your position whenever you feel really bad, usually it is the right time. :lol:
Someone rightly said,
"You cannot change the direction of the wind, but you can adjust your sail.."
Best Wishes.
Happy Trading.
See the example, you expressed your anger around 10:05 AM, the perfect time when technical charts is showing that it was bullish. You clearly seeing that market is not allowing to break 6160 spot, it is failed to break 6172 NF fibo level again and again still why you are not buying with small stop loss there?
You are just expressing anger here that market is not bearish. Instead take opposite position instantly to feel better.
You need to change your mind set first. Don't be biased. Change your position whenever you feel really bad, usually it is the right time. :lol:
Someone rightly said,
"You cannot change the direction of the wind, but you can adjust your sail.."
Best Wishes.
Happy Trading.
I managed to let my bias work against me, and not act.
Need to work on my mindset.
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