Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

TP, if ur limb is fractured, wat wud u hav done? jst ignore it n go on as per ur daily routine or u wud take steps 2 heal it first ?:)
Exactly the solution I recommended. Stay in, with smaller amounts. What needs not be told is that work on your flaws using small amounts :)
 

Jai Mata Di

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

Got CENTURY+(115 pt in one trade) in intraday bought just above that fibo level of 6172 (5983-5480). Booked full now for rest (after partial). Happy Week End.

To Ravi bhai, just take a break if are feeling uncomfortable. Start afresh, there is always opportunity for intraday traders every day. Market is here to stay. So we are. Just take a rest and come back with full energy.

Good for the bulls as market taken support near Big Fibo Level.

Best Wishes.
Happy Trading.
[H.C]
 

sudoku1

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

Exactly the solution I recommended. Stay in, with smaller amounts. What needs not be told is that work on your flaws using small amounts :)
as a psycologist, i can confidently say dat staying in d dead game equals as an escapement frm ur problem.a human mind can never xperience2 oposite emotions at a same time.if u r happy u can nevr b sad at d same time.
so in dis case, u r sad wid ur losses n at d same time u wnt 2 b falsly happy in d game wch wil never work.
u wil nevr try 2 fix d problem by remaining in it bt rather opting out wil only force u 2 solve it:)
 
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re: Day trading Nifty & Banknifty Futures

as a psycologist, i can confidently say dat staying in d dead game equals as an escapement frm ur problem.a human mind can never 2 oposite emotion at a same time.if u r happy u can nevr b sad.
so in dis case, u r sad wid ur losses n at d same time u wnt 2 b falsly happy in d game wch wil never work.
u wil nevr try 2 fix d problem by remaining in it bt rather opting out wil only force u 2 solve it:)
If you believe that the game is dead, then you get out and stay out. If you think that it's only a match lost in the game, then you practice more and play matches at lower levels.

You lose at international level, you practice at home and play domestic matches at all possible levels. It accounts for practice too.

This is the reason that they have practice matches before the various important series. You put in all you got in practice matches too, the same as you would in the main event.
 

pratapvb

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

11287

11307

11380

11460

most are dynamic and change with time but these above ones should change marginally during the day
updated to 363
 
re: Day trading Nifty & Banknifty Futures

Why is trading difficult ?

Because :

  • 1) Trading "with the trend" means "Buy high, sell higher". : That takes guts, to buy when the price has already risen. A retracement may be a reversal.
  • 2) Trading "contra" means "Buy while it is going down". : That takes guts too. You want to wait for a retracement/consolidation before taking a decision.
Both the above are against common sense. That's why trading is so difficult, because you have to have very uncommon sense.
 

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