Day Trading Stocks & Futures

Raj232

Raj232

Well-Known Member
#60,903
#60,903
nil.nik.9777 said:
Yes.
Was short on 2 PE lots of banknifty.
See what happened to my naked position without SL.
Click to expand...
on down day.. why you sold naked PE .. !!! .. should have at least taken hedged position...

today many reversals took place.. seems hourly, daily etc all co-incided.. plus some bad news ( US preferential treatment withdrawn, etc) . all happened at same time.. :) .. seems to me..
 
kharikumaar

kharikumaar

Well-Known Member
#60,906
#60,906
nil.nik.9777 said:
Yes.
Was short on 2 PE lots of banknifty.
See what happened to my naked position without SL.


Click to expand...

o_O:(
definitely not a post to "like" . it is sad when such things happen to people we know. some strange unknown corporate i wouldnt have cared/ but at least now take care bhai.

though selling may be a good game one solid thing like this can clean you out. better to have some sl especially SL-M else can get destroyed.
 
nil.nik.9777

nil.nik.9777

Well-Known Member
#60,909
#60,909
Raj232 said:
on down day.. why you sole PE .. !!! .. should have at least taken hedged position...

today many reversals took place.. seems hourly, daily etc all co-incided.. plus some bad news ( US preferential treatment withdrawn, etc) . all happened at same time.. :) .. seems to me..
Click to expand...
It was scalp. I entered position and with in minutes market started falling. By the time I come to sense exited with market order.
 
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