Day Trading Stocks & Futures

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

Ravibhai, if you are a technical trader, read one technical trading to fill the gap you think you have in your trading skill, like profit taking part, entry part, exit part, identifying risk/reward trades, or any technical indicator you can chosee and keep on digging it by reading a lot on it. You can read elliot wave, many say that its a wonderful thing for swing trading, another technical indicator for day trading is bollinger band, its also very good to identify when market goes in to ranges and is a part of trading plan that can be constructed to trading ranges. Why am saying this? Because you said you are gonna take 5 days off from trading and a trader can never be away from his charts if he has nothing more interesting to do, so try this part, please don't mistake me, just wanted to make sure a fellow trader never gets demotivated over losses.
dear Tlahuicole , going into 2014 I m lot more confident than I was in comparison from going into 2013. I knew my mistakes and hopefully will correct them before starting again after the break , its not technical its about money-management. Thanks for your wishes. yes we all want to improve.:thumb:
 
re: Day trading Nifty & Banknifty Futures

Today's earnings - F&O plus Rs. 173/-

+3
dear Tlahuicole , going into 2014 I m lot more confident than I was in comparison from going into 2013. I knew my mistakes and hopefully will correct them before starting again after the break , its not technical its about money-management. Thanks for your wishes. yes we all want to improve.:thumb:
Added Rs. 20000 to the capital.


Margin available Rs. 22201/-
 

nirav_j

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

dear Tlahuicole , going into 2014 I m lot more confident than I was in comparison from going into 2013. I knew my mistakes and hopefully will correct them before starting again after the break , its not technical its about money-management. Thanks for your wishes. yes we all want to improve.:thumb:
I'm almost on a similar plane.

Terrible money management. Got my ass handed to me. :annoyed:

But the spanking by the MKT has taught some invaluable lessons. :thumb:

Looking forward to 2014. :thumb:
 

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