General Trading Chat

[lemondew]

Yes. There are gaps at times. At times there is good bid ask spread. Overall a good debut. Hopefully in the time to come it will be good. Better than some stocks in which there is absolutely no liquidity.

Since you like trading in bnf Stick to your system.

I hold for days at stretch even for entire expiry. The one thing that I incorporated. When I am presently trading I assume my next 2 trades are going to hit max loss with 1 scratch trade in between. My current winner should take care of my next 2 losses/ taxes + give me profit. In the long run I hope I ll be able to make 1:2 win loss ratio. or 33% as people say its fairly easy to hit a 30-33% to 67% win loss ratio. without taking into account no profit loss trades.

Its difficult to arrive at ball point figure but still

bahi!! yeh decent liquidity mujhe nazar nahi aa rehi hai .. (no offence brother).
since morning 17500 CE-- Volume 1L yet to touch. Means 1L/30=3333 lots +- since morning. Anybody with good money (FII) can leave me stranded.

I like option trading in BNf, but since morning despite good trend, I am unable to take trade coz of high gap between buyer-seller. And liquidity too not encouraging me to do so.

If you traded in bnf option, please teach me. I am willing to learn this new system.

Thanks
rip07

 

[Smart_trade]

When the market was at 7700 all technical analysts were convinced that 7500 will break.Elliott wave followers were busy in calculating where will the C wave down will end after it breaks 7500.Downward targets of 7200,6800,6500 were mentioned.Even now many traders are "not convinced" about this upmove,some might be in a dangerous game of shorting few lots at every rise.Trend followers have positioned themselves for riding the uptrend.

You can't fight the tape....the price we have to respect and position ourselves in tune with it.This is an expansionary move and it will not end soon.It may have small corrections on the way but major correction if still away.Every dip traders will shout end of the move,short and the market will go up further.

I am sure traders must be cashing on this move.

Smart_trade

 

[priyaranjanpawan]

I agree with smart_trade. There will be some dips but this uptrend is going to last for sometime.

Sent from my HM NOTE 1S using Tapatalk

 

[cloudTrader]

When the market was at 7700 all technical analysts were convinced that 7500 will break.Elliott wave followers were busy in calculating where will the C wave down will end after it breaks 7500.Downward targets of 7200,6800,6500 were mentioned.Even now many traders are "not convinced" about this upmove,some might be in a dangerous game of shorting few lots at every rise.Trend followers have positioned themselves for riding the uptrend.

You can't fight the tape....the price we have to respect and position ourselves in tune with it.This is an expansionary move and it will not end soon.It may have small corrections on the way but major correction if still away.Every dip traders will shout end of the move,short and the market will go up further.

I am sure traders must be cashing on this move.

Smart_trade

Absolutely true !! This emphatic move has just not given any chance to even think about shorting. The writing was on the wall on the very first day after gap up. Seemed Bulls were waiting to squeeze the bears round the corners..

 

[blackberry]

Moonsoon session finish hone tak bear ka koi chance nahi.

 

[^k^]

Sir,Nifty also going to have a weekly Option soon?

like BNF,NF will also have weekly option?

 

[mudraatrader]

kya baat hai
no post since last more than 45 hours

 

[^k^]

How SGX NIfty is related to NSE Nifty?

 

[lemondew]

St and others,

Which days and time does sukhani come on CNBC. Today (monday) he comes at 8:30 am. Any other fixed time please. I know ST has said once somewhere. Can t find that post.

 

[Vipul_84]

I have made these mistakes many times Sir. Now my hands intuitively don't dare to short in up move imagining end has come. I have seen even shorting at +2sd band and price will ruthlessly move against you and again you average. Finally there is painful exit that comes with heavy loss and big dent in account and mindset as well. Learnt this from many BIG losses in past years trading. Now I just try to trade in line with trend and get small profits. Yet to learn riding the move

When the market was at 7700 all technical analysts were convinced that 7500 will break.Elliott wave followers were busy in calculating where will the C wave down will end after it breaks 7500.Downward targets of 7200,6800,6500 were mentioned.Even now many traders are "not convinced" about this upmove,some might be in a dangerous game of shorting few lots at every rise.Trend followers have positioned themselves for riding the uptrend.

You can't fight the tape....the price we have to respect and position ourselves in tune with it.This is an expansionary move and it will not end soon.It may have small corrections on the way but major correction if still away.Every dip traders will shout end of the move,short and the market will go up further.

I am sure traders must be cashing on this move.

Smart_trade