Live Intraday Trading By Professional traders

[ryan4ucar]

how you manage position then? if it just takes off to up then ?
if we keep stop order above some level then as it has not yet broken down it can very easily break this level which looks like range high and still be in ranging if comes back ..

its all about risk reward , my stop was 5 rs and rewards were 10,20and 40 rs ,if it blasts tru worst case 10 rs loss , but odds are in my favour as we are in a range market so i could have been able to get out even 3 rs

 

[Vertigo_1985]

its all about risk reward , my stop was 5 rs and rewards were 10,20and 40 rs ,if it blasts tru worst case 10 rs loss , but odds are in my favour as we are in a range market so i could have been able to get out even 3 rs

yeah nifty in range is a good factor in favor, u sometime back said that u keep some position with auto stop and some manual, same in this case ? what level your auto stop wud be ?

 

[ryan4ucar]

yeah nifty in range is a good factor in favor, u sometime back said that u keep some position with auto stop and some manual, same in this case ? what level your auto stop wud be ?

not for stocks like these , autostops are for thick stocks which show decent orders like tatasteel ,sesagoa,yesbank here i know the risks involved hence i pick and choose whereas banks ill trade on a daily basis

 

[ryan4ucar]

nifty holding below 6200 is not good for longs

 

[Vertigo_1985]

nifty holding below 6200 is not good for longs

m holding idfc short
techm can give very gud return 2day, u holding it ?

 

[ryan4ucar]

m holding idfc short
techm can give very gud return 2day, u holding it ?

holding 1/4

 

[Vertigo_1985]

short yes...

 

[ryan4ucar]

short yes...

after the initial down move it has just made higher lows no point trading this

 

[Vertigo_1985]

after the initial down move it has just made higher lows no point trading this

yeah, got out for small profit, not movin anywhere

 

[Vertigo_1985]

yes news now out ?