Day Trading Stocks & Futures

VJAY

Well-Known Member
re: Day trading Nifty & Banknifty Futures

ST or HEM bhai anyone can you provide your today trades in charts or timings whichever comfortable please. I need it for analysis of my trades, it seemed I had followed rules perfectly but still a loosing day, so want to check whether my understanding of concepts is wrong :(
Dear Tlahuicole,
If you followed your rule and you in loss ...its not a bad day...its very good day for you...so not analyse always when in one day loss comes :)...ahh you can just look others trades for get some hints only...never implement it daily basis....you can implemet any new rules only after a long days observation ....My views only :)
 
re: Day trading Nifty & Banknifty Futures

ST or HEM bhai anyone can you provide your today trades in charts or timings whichever comfortable please. I need it for analysis of my trades, it seemed I had followed rules perfectly but still a loosing day, so want to check whether my understanding of concepts is wrong :(
See your chart and find out how you could have traded. The market was in downtrend.It attempted a small upmove near SBI results time but could not clear 2 days VWAP, 60/13 band or 15/13 band.....so I took 3 short trades. First 2 gave small profits...last one near 6072-80 gave good run.

You have to wait for the market to set up and offer a low risk trade and then you trade...dont trade each and every swing. I too tried 3 times...first 2 attempts not very successful ( meaning small profits ) but 3 rd attempt was very good.

I suggest you study Pratap's VWAP thread. It has some very good stuff in it. It will take time to grasp but will help you a lot.

It was a very good day as it did not give too much volatility.

Smart_trade

Edit : I have posted a NF chart in Pratap's thread...have a look.

http://www.traderji.com/advanced-tr...ombining-trend-vwap-ranges-74.html#post896777

ST
 
Last edited:

Similar threads