Day Trading Stocks & Futures

[Riskyman]

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.

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.

If SL triggered once means you are out of the game with profits. Thats where it ends bhai. If it doesn't, you can continue to make more.
IMO, Volatile days can be a boon for traders if you know how to capitalize it. You are short in stocks like TS etc which have nothing to do with the policy.

PS: But each to his own. If not comfortable, getting out is better

 

[sanju005ind]

Something is cooking market factoring.Vix is falling and BN is rising.

 

[sanju005ind]

No rate increase.The dance begins

 

[vikas2131]

 

[rahulmalik]

If SL triggered once means you are out of the game with profits. Thats where it ends bhai. If it doesn't, you can continue to make more.
IMO, Volatile days can be a boon for traders if you know how to capitalize it. You are short in stocks like TS etc which have nothing to do with the policy.

PS: But each to his own. If not comfortable, getting out is better

Yes , correctly said, i am focussed, and i am learning everyday, my entry points in today's positions were far from perfect, hence the decision. Will take such volatility head-on next time. Thanks for your encouragement , and sharing your opinions, and keep sharing...

 

[vikas2131]

No rate increase.The dance begins

i think they did not do it because of unstable market.

 

[kharikumaar]

michael jackson could have taken it's correspondence course

 

[nitingosavi]

Time to shop... Banking stock....(?)
bought 25300 calls @ 80

 

[Riskyman]

Commentary is where it gets tricky.
First time Im seeing BN fall because there was no hike.

 

[kharikumaar]

if its an upmove , will we see 25500 today ?