General Trading Chat

[lemondew]

Vivek,

Just adding. St da offcourse knows much better...

I was looking for long today when bears lost their juice. Entered at 8875 My initial SL was below 8845.Little below todays support 8861 It played nicely. I would ve held today if it closed at 8890 or above todays open. Playing it very safely. Didnt so closed If it gaps up tomorro and open drive. No probs p1 bar intraday.

ST sir, I suppose you entered long today (after major events played out), where did you enter as, it started coming down after large gap up, and where would be the SL?

 

[Punter786]

Now when you do too much "reforms", this is what you get... http://timesofindia.indiatimes.com/...r-Moodys-methodology/articleshow/54464153.cms

***Ravaan laugh*** :rofl:

 

[vas2009]

No,I went long into the event and my position was light.Because of the event though I was expecting no rate hike, I still played safe and hedged my positions with puts buy which were sold today at loss.Wanted to see if the market holds or sellsoff in the end , and as it held strong, added in the end to my long position.

Smart_trade

Sirji did the same.Thanks now it feels really awesome that I emulated you in real trading.First time this has happenedSeems that I am on the right path thanks to your valuable suggestions and advice.BTW I had lost 55% of my capital by Feb recovered to -43% then again slipped to -58% because of Brexit now sitting on -45% loss.But hopeful of recovering all my loss in a years time.Aiming at 8-10% gain every month.

 

[monkeybusiness]

Now when you do too much "reforms", this is what you get... http://timesofindia.indiatimes.com/...r-Moodys-methodology/articleshow/54464153.cms

***Ravaan laugh*** :rofl:

Nice read, read also Micheal Lewis " The Big Short "

 

[Punter786]

Nice read, read also Micheal Lewis " The Big Short "

It was a good read. Cannot forget 2008... saw and tracked so many stories.... from Bears sterns to Lehman to WaMo etc.

 

[ramesh.mahato]

nf is targeting towards 8900..but may retrace afterwards..lets see

Ramesh

 

[timepass]

BNF : The ATP is very close to the LOD, maybe some upside should be expected now.

 

[wisp]

BNF : The ATP is very close to the LOD, maybe some upside should be expected now.

how reliable is ATP at start of day?

 

[princy01]

niftygupshup se niftyaajkal tak

 

[ramesh.mahato]

nf is targeting towards 8900..but may retrace afterwards..lets see

Ramesh

nf has slowed down..may not go 8900..will reverse now

Ramesh