Day Trading Stocks & Futures

Gandhar.

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

So with other words: All the people which tell they made a killing today must have had overnight positions, as Nifty and BNF openend with incredible gapps or must be superb sideways market traders?

What did I miss or was the gap in BNF only 400 points and then the people had time to press the button to make the rest of 300 - 400 points?

The same in Nifty: Gap of 100 point and then the traders had time to enter the market with no clue if it runs up more.

Would mean: No rules behind that, nothing to see in advance that some thing like that will happen. Just a pure lucky game played with sufficient stop losses, isnt't it? If so, nothing bad, but just wondering.

DanPickUp
if we start to press the buy/sell buttons @ opening we saw what happned yesterday opened flat went down to 5318 and rose sharply towards 5375
so easily 40 pt loss within first 5 min.
today could have been just opposite of that.....
 
re: Day trading Nifty & Banknifty Futures

@ TR...Now we have international star..........He was doing Ph.d in 1991........worst time of our Economy.....Now he is the RBI Governor........Ye tu trailer tha.....lots of drama coming soon.........
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

@ TR...Now we have international star..........He was doing Ph.d in 1991........worst time of our Economy.....Now he is the RBI Governor........Ye tu trailer tha.....lots of drama coming soon.........
governor cant run the show..:annoyed:...its the finance ministry which is the master and indian economy is in tatters to be clear.......this market is going to below 5000 soon...
discaimer : m FII .......:thumb:
faltu investor of india
 
re: Day trading Nifty & Banknifty Futures

So with other words: All the people which tell they made a killing today must have had overnight positions, as Nifty and BNF openend with incredible gapps or must be superb sideways market traders?

What did I miss or was the gap in BNF only 400 points and then the people had time to press the button to make the rest of 300 - 400 points?

The same in Nifty: Gap of 100 point and then the traders had time to enter the market with no clue if it runs up more.

Would mean: No rules behind that, nothing to see in advance that some thing like that will happen. Just a pure lucky game played with sufficient stop losses, isnt't it? If so, nothing bad, but just wondering.

DanPickUp
Banks and Bank Nifty trended better than Nifty Future. But Bank Nifty opened with a big overnight gap and from that opening if one was not too sharp to enter in first 5 min, then from first 5 min levels Bank Nifty rose 150-200 points but from intraday top to bottom about 250 points....so it will take an expert daytrader to make killing in intraday in BNF today.....

Many such experts in TJ I guess.....

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

Banks and Bank Nifty trended better than Nifty Future. But Bank Nifty opened with a big overnight gap and from that opening if one was not too sharp to enter in first 5 min, then from first 5 min levels Bank Nifty rose 150-200 points but from intraday top to bottom about 250 points....so it will take an expert daytrader to make killing in intraday in BNF today.....

Many such experts in TJ I guess.....

Smart_trade
I think Hem bro.....Top in this list.............:D
 

DanPickUp

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

Banks and Bank Nifty trended better than Nifty Future. But Bank Nifty opened with a big overnight gap and from that opening if one was not too sharp to enter in first 5 min, then from first 5 min levels Bank Nifty rose 150-200 points but from intraday top to bottom about 250 points....so it will take an expert daytrader to make killing in intraday in BNF today.....

Many such experts in TJ I guess.....

Smart_trade
@ST

Thanks for the chat and for your answers. This chat surely helps all who did miss the big moves today and asked them self what they did wrong. Many now surely analyze the candles and the charts and there system and there psyche and so on. To take stress and frustration away from those: As you say: It needs experts in day trading to nail such moves and to become such experts a trader needs huge experience.

Take care / DanPickUp
 

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