General Trading Chat

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.
Sukhani comes on CNBC on Mon,Wed and Fridays.

He comes in the morning on those days at 8-30 to 8-45 and also comes during the days at 11 to 11:15 and 14:30 to 14:35

I normally watch his market view at 8:30 in the morning....that gives his views on the market for the day and swing.But I use it only as another view on the market. I dont follow it bliendly. Many times I am on opposite side of his views. For example on the first day this rally started he said " no trade, cover short positions but no long trade" but I went long and remained long ...so follow only as a guideline.Our charts and our reading we have to follow ( so that we have no body to blame if our position goes in a loss :D)

Smart_trade
 
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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 :)
Good improvement, Vipul. Learn to hold your winners that will take your trading much higher. All of us at some stage of our trading have made mistakes of shorting in a strong uptrend (thinking Aur kitna upar jayega) or buying in a downtrend ( thinking yeh price me kya bura hai )and learnt from our mistakes and improved.

ST
 
ST Da,

Positional long's trailing SL at 8126?
No clear stoploss yet defined but till 8120 not thinking of liquidating long positions. As today is the 4th consecutive day of strong upmove, some correction was expected...So did good scalp trade already but maintained long position at lower prices.

Smart_trade
 

lemondew

Well-Known Member
After the run. Looks like markets going to pause and provide entry opportunities for late joiners :) in long. 8100 would be good level ST da..

Pretty quiet day so far. Both on the markets and on the forum.
No clear stoploss yet defined but till 8120 not thinking of liquidating long positions. As today is the 4th consecutive day of strong upmove, some correction was expected...So did good scalp trade already but maintained long position at lower prices.

Smart_trade
 

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