Day Trading Stocks & Futures

[Shiv12345]

My suggestion is to post why you would be purchasing the PE and holding for next day.. That itself would help you analyse whether is is worthwhile or not.
BankNifty is in uptrend yesterday and today (although not expecting very large move.. but usually retail traders are wrong) .. so why expecting downside ?

Eventually ... I sold 25400 PE at 55 (in loss). I was just relying on Great Wall of 10550 as FINAL STOP LOSS. I infact waited for a while but as soon as index sustained and crossed 10554, I immediately bought 25700 CE around 75. It ended somewhere at 90. Now I am just hoping it would open with another gap up on Monday now that we have surpassed 10550 almost convincingly (though not sure). This almost confirms extension of ongoing impulsive wave. Will it sustain or not, we shall know on Monday. But overall, very bad day & frustrating week. Monday & Tuesday were really good. Wednesday & Thursday were manageable. Today was worst (and damaging).

 

[Shiv12345]

Stop Loss triggered ....

Again ... Maybe I should have stayed longer with my COMBO.

 

[Raj232]

Again ... Maybe I should have stayed longer with my COMBO.

With BankNifty there is no guarantee.. while I was expecting upside last week, it went down.. when I was expecting downside, it went up .. thats why I say its very difficult to predict correctly the BN index .. .. one has to just try to stay with the trend... that what I try to do.. and that also fails

 

[Shiv12345]

With BankNifty there is no guarantee.. while I was expecting upside last week, it went down.. when I was expecting downside, it went up .. thats why I say its very difficult to predict correctly the BN index .. .. one has to just try to stay with the trend... that what I try to do.. and that also fails

Life teaches us lesson (but mostly during day time only). I was enjoying big dreams last night as I was hoping to make a lot of money today. I thought I would end up making at least half month's income today itself. It rather turned out to be something else. We should never rely on dreams. I have learned my lesson today.

 

[Shiv12345]

Wow!! SGX Nifty & Nifty Futures both above 10600. Lagtaa hai Monday ko mazaa aayega. Good Good!!

 

[Shiv12345]

Wow!! SGX Nifty & Nifty Futures both above 10600. Lagtaa hai Monday ko mazaa aayega. Good Good!!

Amazing to see DOW smashing some 200 points. BN 25700 CE officially ended at 79 approx (which I carried till Monday). This time no foolish Combo. I hope it opens well above 100 now. Would like to see it at 150 plus (lol). Definitely, crossing 10550 mark convincingly has now opened doors for more. Enjoy the rally with impulsive wave. Cheers!

 

[afin]

Amazing to see DOW smashing some 200 points. BN 25700 CE officially ended at 79 approx (which I carried till Monday). This time no foolish Combo. I hope it opens well above 100 now. Would like to see it at 150 plus (lol). Definitely, crossing 10550 mark convincingly has now opened doors for more. Enjoy the rally with impulsive wave. Cheers!

But chance that this is possible

Sent from my Redmi Note 4 using Tapatalk

 

[Raj232]

Life teaches us lesson (but mostly during day time only). I was enjoying big dreams last night as I was hoping to make a lot of money today. I thought I would end up making at least half month's income today itself. It rather turned out to be something else. We should never rely on dreams. I have learned my lesson today.

BankNifty is a dream. make the dream a reality.. thats the dream of many retail traders everyday.
But the important thing is not to trade everyday as all trades are not going to be profitable. If there is a specific trade setup that one can see that make money only then do the trade.


"Life teaches us lesson (but mostly during day time only)."
Those who are trading crude oil/other commodities are learning lessons evening time.. till 11.30 PM ..lol

Just for my record so that I dont change later on .. Banknifty trend is still in small decline. The up-move in last 2-3 days was an opportunity to hit stop losses of those who were short in BankNifty. Will wait for another 2-3 days before entering

 

[Shiv12345]

Amazing to see DOW smashing some 200 points. BN 25700 CE officially ended at 79 approx (which I carried till Monday). This time no foolish Combo. I hope it opens well above 100 now. Would like to see it at 150 plus (lol). Definitely, crossing 10550 mark convincingly has now opened doors for more. Enjoy the rally with impulsive wave. Cheers!

Bingo ... Sold at 112 ... ha ha

 

[Raj232]

Bingo ... Sold at 112 ... ha ha

Great.. BN 25700 CE was quoting Rs 35 on 4th.. but I was hesitating ... today it crossed Rs 135