General Trading Chat

wisp

Well-Known Member
ST Da,

Was there a long at the end today in Nifty futures in the VP system? If yes, where? Thanks a lot.
 
St sir, did you take short position today or were you swing short since yesterday ?
Can you please explain with help of charts :)

Last few days market action is very tough to understand......
No...I was short from a very long time...from 7905 .Then day before yesterday I covered part of my short positions below 7400 ....yesterday when the market did not go above my SAR level, I sold again in the afternoon session ..I could have taken a small loss had it opened with up side gap but took that risk as we were near SAR level...that risk paid off....

One has to take a calculated and defined risk...no one knows how the market will move in future...it is just management of risk...

Smart_trade
 

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