Day Trading Stocks & Futures

sudoku1

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

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.
d only diference btwn a trader n d players of dos matches is dat dey r payed even if dey lose a match bt a trader is always uncertain wen he puts in a trade:)
 
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.
One way to tackle this problem is buy 50 % on breakout....and buy 50 % in the first dip after the breakout provided the trend is still intact....and ride the move.

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

d only diference btwn a trader n d players of dos matches is dat dey r payed even if dey lose a match bt a trader is always uncertain wen he puts in a trade:)
Also, that's the difference between the job of a bowler and a batsman. If a bowler bowls a bad ball, he max he loses is 6-7 runs (unless it is a match decider ball).

If the batsman makes a mistake, he is out. He has not only to protect his wicket, but also score runs.
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

may be 2/3 months break till feb or march.
Kyon ?? Practice with smaller amounts. I added another Rs. 1000 to my account today.

Vaise, abhi kya position hai ?
due to very cold winter here , will trade once summer starts.......
 

sudoku1

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

Sudoku bhai, I have seen many times that you post your links in some old thread...

One good thing is you dont change the trend too often

I have seen many times that you post your links in some old thread...
compliments or outrage ?:D

One good thing is you dont change the trend too often
its a common POSITIONAL trading attitude:)
 

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