Day Trading Stocks & Futures

rahulmalik

You only lose what you cling to.
I am wondering if i shud cover all my shorts before 1430 . i am in green already.

can manage 1 day with less profits instead of red ledger
I closed all my shorts, and in reasonable profits. better to have this peace of mind, instead of burning my ledger and blood , simultaneously.

Will be looking forward to buy bata above today's high and may be sun tv above 620
 

Riskyman

Well-Known Member
I am wondering if i shud cover all my shorts before 1430 . i am in green already.
can manage 1 day with less profits instead of red ledger
Yes.Close and watch the dance after 2:30.Live to fight another day
If not, you should have a SL in place. If Market goes in your favor, you get more money. IF SL triggers you will be able to still keep some profits.
 

rahulmalik

You only lose what you cling to.
Yes.Close and watch the dance after 2:30.Live to fight another day
so rightly said , sanju bhai.. dil nahi maan rahaa hai,, coz if banks go in red , i will be in deep green, but i also strongly believe, that everyday brings new and better opportunities, so i rather call it a day, atleast for banking stocks.
 

sanju005ind

Investor, Option Writer
If not, you should have a SL in place. If Market goes in your favor, you get more money. IF SL triggers you will be able to still keep some profits.
It will trigger SL on Both sides on these kind of days.If you can sell a strangle and watch the volatility crush.that will be better.
 

rahulmalik

You only lose what you cling to.
If not, you should have a SL in place. If Market goes in your favor, you get more money. IF SL triggers you will be able to still keep some profits.
yes i wud have used SL on any normal day, but today whipsaws are expected, and which can hit my SL and then market can move on in my direction.

But yeah, we all have different risk appetite, and being aware of it is more imp.
 

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