Day Trading Stocks & Futures

trader15

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

Absolutely agree... Simple example: I was loaded with puts @ 6300... based on ST's sequential sell setup...

Then asked him questions whose answers i interpreted as that it is setup... market may move up little.. and got stuck...

Had i gone ahead with my analysis and not let my analysis get mixed up.. I ould be sailing on yatch...

But right no fattee ke saharee beech sagar mein gut gut gote kha raha hoon..
Aur ravi bhai, this is called vinaash kale utli khopdi.. :thumb:
 
re: Day trading Nifty & Banknifty Futures

hahhaha...Raj bhai ne bataya nahi ki SBIN still holding or out at loss :p
Good question...still holding avg bought @1690 cash .... jagra mat kar ab bas v kar :lol::lol:
 
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stock72

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

If I remember correctly u the one asked me yesterday if I close u will also close ur position ....If so why not u r turned up today ?...
A serious question....

Ravi Bhai, very bad day for me also. With this down move, i am out of the market. My capital is no more adequate to buy and hold a Nifty Fut. So from tomorrow i don't know what i shall do. From last 5 days i was holding long from 6230 with this hope that, at least a single chance market will give me to exit from my position. But market has its own plan. Let it be. :) :) :)

Now the big question is did i learn anything from this??? If yes then what are they???
They are,
1. Stop loss is must, whatever be the market condition or prediction.
2. I should not hold a position for next day, contra to market trend in 15 min TF and 1 hourly TF.
3. I should not give emphasis to any market predictions. I should try to understand what my charts / graphs are telling to me
4. I should not show my patience towards a losing position.

Now with the capital of 22K is there any way out??? Trading with CE & PE!!! No way... ... ;) ;) ;)
 

nirav_j

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

Absolutely agree... Simple example: I was loaded with puts @ 6300... based on ST's sequential sell setup...

Then asked him questions whose answers i interpreted as that it is setup... market may move up little.. and got stuck...

Had i gone ahead with my analysis and not let my analysis get mixed up.. I ould be sailing on yatch...

But right no fattee ke saharee beech sagar mein gut gut gote kha raha hoon..
ST actually never answered your questions. Check that thread again.

You did the right thing by getting the Puts based on confirmation from Sell Set up and Combo.

Why would you mix up the whole thing and get rid of the Puts and get calls when the BUY setup was only starting ?!
Wait you actually bought NF and wrote Puts too, right ? :eek:
 

trader15

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

ST actually never answered your questions. Check that thread again.

You did the right thing by getting the Puts based on confirmation from Sell Set up and Combo.

Why would you mix up the whole thing and get rid of the Puts and get calls when the BUY setup was only starting ?!
Wait you actually bought NF and wrote Puts too, right ? :eek:
Yes that what I said, that I was doing the right thing by buying puts. I know he didn't answered all., but one post, thats what I interpreted and reversed positions.

Thats where I'm agreeing to his discussion on one should follow own analysis, and not get affected by anyone elses.
 

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