Hello All, I am a Nifty Trader

[xMarkdSpot]

Goodmorning, I hope this post will help me in the near future

 

[niftynewsnation]

niftytrading,

Something just does not add up, my friend. Your stop losses are triggered, plain and simple.

What is this 10 min stuff? Do you mean, you plot a 10 min candle and wait for it to close above your SL?

After you revised your stop loss to 7570, niftynewsnation posted following.
Although there was a small typo in his post (7604.8 was 14 Jan High), but your SL was hit.



Then, again on 20 Jan (7470 High), your stop loss of 7445 (mentioned by you on 19 Jan) was taken out. 7470 is good 25 points above the 7445.

I am perfectly OK with you not revealing the logic behind your calculations. But not revealing the execution methodology disables anyone else from following you.

What kind of logic do you follow to not have the stop loss trigger? Be very interesting to learn ...

Thanks bro, yeah it was a typo, typed 15th instead of 14th.
I didnt point out for the second SL hat triggered on 20th, as no sense of pointing it out, when he was not ready to accept it.

 

[niftytrading]

Dear All,

As Nifty traded above the resistance at 7390, we went long in it at around 7314. Reversal level is placed at 7260 currently.

 

[niftytrading]

Dear All,

Revised Reversal level for my Nifty loss is placed at 7400 now.

 

[niftytrading]

Hello All,
Reversal level of 7400 was breached yesterday thrice, couple of stoplosses were there. In the end market closed below 7400 making us taking shorting position in Nifty. Trend is down currently with the reversal level placed at 7460.

 

[niftytrading]

Dear All,

As Nifty traded above the reversal level at 7460 it has come in uptrend now. We will hold out longs with trailing stoploss which is placed at 7400 currently.

 

[niftytrading]

Hello All,

As Nifty traded below our support of 7400 it has come in downtrend. We are short in it at around 7401 and will hold our shorts with trailing stoploss which is placed at 7500 currently.

 

[niftytrading]

Hello All,

Revised reversal level for our Nifty Shorts is placed at 7220.