Intraday Trading

kthakker0

Well-Known Member
03/10/2013 Thursday

Hi,

I am short with SL at 5940

Bye
03/10/2013 Thursday

Hi,

My 5940 SL not only stopped my losses from getting wider but also triggered My End of Trading for the day.

Market behaving contrary to your forecasts and you go wrong twice, signal's that its time to quit for the day.

Although the trend is bearish there was no compelling reason for the market to rise so far so quickly, but perhaps (the fat finger) 5996 trade could have triggered the other wise reaction.

But as said I was short twice and had to quit both the times, happens very rarely, and today was that rare day.

But no matter what come may, I always recoup my losses back.

Tomorrow should not be any different, with US market already down 180 points, I'll surely get the chance to do what I do best.

Bye
 

kthakker0

Well-Known Member
SL hit ?? Any new trade ?
03/10/2013 Thursday,

Hi,

It seems that NF should not be able to trade above 5977 if that happens then it's again short.

NF trading below 5938 gives a confirmed opportunity to go short.

With US already down 180 points the shorting opportunity should be presented sooner than later.

But let's wait to see what's in store for me. I hope not to repeat the rare days back - back.

Bye
 

sabhlok_r

Well-Known Member
03/10/2013 Thursday,

Hi,

It seems that NF should not be able to trade above 5977 if that happens then it's again short.

NF trading below 5938 gives a confirmed opportunity to go short.

With US already down 180 points the shorting opportunity should be presented sooner than later.

But let's wait to see what's in store for me. I hope not to repeat the rare days back - back.

Bye
Thakker Bhai, shorted @ 5985. what is the SL for this short?
 

kthakker0

Well-Known Member
03/10/2013 Thursday

Hi,

Although the trend is bearish there was no compelling reason for the market to rise so far so quickly, but perhaps (the fat finger) 5996 trade could have triggered the other wise reaction.

Tomorrow should not be any different, with US market already down 180 points, I'll surely get the chance to do what I do best.

Bye
04/10/2013 Friday

Hi,

It striked me lately that the Fat Finger issue had been the contentious issue of all.

Yesterday's 5996 had to be reversed, since it could not be done yesterday it happened today and so market was rallied till the trades were reversed legally.

The Fat Finger reversal also signalled the market reversal as well.

So my forecasts of bearish market was indeed true but due to this fat finger issue I went wrong twice.

But now market is on it's way to reach the other lower end.

Bye
 

bapu4

Well-Known Member
04/10/2013 Friday

Hi,

It striked me lately that the Fat Finger issue had been the contentious issue of all.

Yesterday's 5996 had to be reversed, since it could not be done yesterday it happened today and so market was rallied till the trades were reversed legally.

The Fat Finger reversal also signalled the market reversal as well.

So my forecasts of bearish market was indeed true but due to this fat finger issue I went wrong twice.

But now market is on it's way to reach the other lower end.

Bye
Hi Thakkar bhai,
BTW what is this fat finger issue?
thanx