General Trading Chat

[wisp]

Seen on Facebook....

"India is a country where we first become Engineer and then think what we really want to become."

True, but we can look it another way. As a people, we are flexible enough to seek out new careers and succeed in spite of our degrees or prior careers. :clapping::clapping:

 

[arsh22g]

Wouldn't it be better if you wait for the market that you actually trade in to break and THEN look for confirmation from FTSE and SPX?

True, but these trades are usually taken keeping low risk in mind. If I wait for NF confirmation and then trade, my risk increases in case of a set-up failure. Also, I don't go fully 1x of my capacity in such trades, it's mostly 0.5x and rarely 1x (when confirmation comes from all the ends).

 

[Fundootrader]

bhai log how about your long positions - still holding 7425 seems like big barrier

 

[TradeJoker]

may be all remember dialogue from 3 idiots,
amir told to karina ( regarding her fiancee ) agar bank ka hi kam karna hai to Engineer + IIM karne ki kya jarurat hai, :rofl: :rofl:

IT industry prefer candidate with Management skills, so that they can manage 20 hrs at workplace and 4hrs at home

 

[amitrandive]

bhai log how about your long positions - still holding 7425 seems like big barrier

Yes , in a band since 11:00.

5 min spot Nifty

 

[vikas2131]

bhai log how about your long positions - still holding 7425 seems like big barrier

Will get cleared in gap up..5-7% big rally is bound to come before bigger fall down to suck in more suckers

 

[vikas2131]

Yes , in a band since 11:00.

5 min spot Nifty

Consolidating for further up move :thumb:

 

[Singhraja]

Today took one trade long at 7357 and exit at 7418 now soh.....

 

[pareshR]

IT industry prefer candidate with Management skills, so that they can manage 20 hrs at workplace and 4hrs at home

like we are searching magic or holy grail AFL :rofl: :rofl:

 

[blackberry]

@ ST Da


Sir what would be the capital to trade 1lot nifty swing position keeping in mind the money management rules.

Thanks