General Trading Chat

[Blackhole]

 

[LoneWolf]

Hello Kris.

I wanted to post my question in a separate thread, but since this topic is already started here, so posting it here. I am using max 1% risk on every trade and I am fine with it. My question for a week and a month where should one draw a line to stop. Like you told if we hit 3 loss or loose 6% in a single day then we stop taking any further intraday trades on that day. What happens if next day too we hit the daily risk of 6% and again the day after? What risk amount should one watch for weekly and monthly horizon..

I know MM is more a personal choice and risk appetite. But asking it in genera sense for what should be a standard MM aproach.

Thank you

Hello Fellow Traders,

I had posted this query on another thread few days back, but did not get any reply.. Please advice me on this..

Thank You

 

[pareshR]

Remember, all we have to do is stay in the present moment. Don’t think about the past or the future. Focus on the here and now, and listen to the voice of the market.

 

[traderniftybank]

anyone interested in AshokLeyland

Yes, below 75

I add it in my portfolio, any news?

No, there is no news. But the AL chart is indicating to a big move, though direction is not yet clear, may be clear in next 1-2 sessions. May be there is something (in particular) in budget, for heavy vehicles manufacturers.

Disclaimer - I do not have any position in AshokLeyland.

 

[vikas2131]

imo one more week of mild up after that things could get pretty bad

http://www.zerohedge.com/news/2016-...nk-massive-central-bank-intervention-imminent

 

[traderniftybank]

As per charts, though I am looking for a flat open for NF but BNF is likely to open gap up in the range of 14370/400 on Monday. In spite of a flat open NF may move up to 7240/60 in next 30/60 minutes after open.

 

[333]

As per charts, though I am looking for a flat open for NF but BNF is likely to open gap up in the range of 14370/400 on Monday. In spite of a flat open NF may move up to 7240/60 in next 30/60 minutes after open.

aapke mu mein Ghee shakkar holding 7300 CE @ 12.55 My SL 5.90.

 

[badarivt]

No, there is no news. But the AL chart is indicating to a big move, though direction is not yet clear, may be clear in next 1-2 sessions. May be there is something (in particular) in budget, for heavy vehicles manufacturers.

Disclaimer - I do not have any position in AshokLeyland.

My analysis says go short (for short term) based on huge volumes occurring at the high. However for final decision, have to observe one or two 15min candles for direction. But budget decision as rightly pointed out, can influence the move

 

[copypasteaee]

haha let it open and settle first, then take decision. its going no where as of now.

 

[traderniftybank]

aapke mu mein Ghee shakkar holding 7300 CE @ 12.55 My SL 5.90.

Ha ha !!!!!

My take is, 7260/300 is a very critical zone, if able to cross 7280/7300 decisively then balle balle and if not able to cross 7280/7300 then may fall also, to 7200 and below it.

Just be some extra vigilant and consider your analysis also.