Day Trading Stocks & Futures

[stock72]

re: Day trading Nifty & Banknifty Futures

Not necessarily, if you believe in direction and have a deep stoploss. As some member here said, "Options almost always give you a chance to exit" (I think it was Vssoma).

instead . why we should not fix.. like.. when position goes in red reduce the quantity and when it goes in green increase the quantity ..?

 

[timepass]

re: Day trading Nifty & Banknifty Futures

instead . why we should not fix.. like.. when position goes in red reduce the quantity and when it goes in green increase the quantity ..?

That too, is an approach. As I said, if you believe in the direction, then the "reversals" in price may simply be spikes. If one can afford if, like, the first buy being 10% of the quantity, then adds at S1, S2 etc. The same with exits when in profit.

 

[HEM]

re: Day trading Nifty & Banknifty Futures

+97 points, after all charges +90 today :thumb:

Well done Ravi brother......:clapping::clapping::thumb::thumb:

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

+97 points, after all charges +90 today :thumb:

nice job

 

[jain.er]

re: Day trading Nifty & Banknifty Futures

Well done Ravi keep it up

Meanwhile I am stopping day trade cant day trade with a full time job

Any ideas about swing trading and good threads for the same.

 

[Gaur_Krishna]

re: Day trading Nifty & Banknifty Futures

This is the reason I guess ST da always says that book half at 30 points and hold rest with TSL at successive pivots. When done like this, trading becomes a business than a fancy emotions. These days U turns & V shaped recoveries and so often, so thais a very good proposal for booking profits.

Delicate balance between booking profits too early & too late to loose it all.....:thumb:

Regards,
Gaur_Krishna

Book profits periodically. Though I am bullish but I have taken part profit at 6200 . With that profit already booked, it gives comfort to hold the balance.
In trading we have to achieve a delicate balance between booking profits too early and not booking at all and loosing all the profits.

Smart_trade

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

nice job

its the 3rd time I hit 90+ in this month , but then given back all on choppy days , need to learn SOH on such days

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

Well done Ravi keep it up

Meanwhile I am stopping day trade cant day trade with a full time job

Any ideas about swing trading and good threads for the same.

jain bhai many boarders doing swing trading in NF , cubt in supertrend, PK in flow etc who post chart regularly here.....you can check their threads.

 

[traderite]

re: Day trading Nifty & Banknifty Futures

its the 3rd time I hit 90+ in this month , but then given back all on choppy days , need to learn SOH on such days

BTW what is SOH ....?

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

BTW what is SOH ....?

SOH = sit on hands ie stay out days.