Minifty

[vijayinvitesk]

Looks like we are following the same system, I went short @ 5488 Spot and again @ 5476 Spot

I am not following the Nifty spot, i am following current monty NF. I shorted at 5477 NF June month expiry. At what price did u short? asking the future price not the spot price.

 

[msa5678]

I am not following the Nifty spot, i am following current monty NF. I shorted at 5477 NF June month expiry. At what price did u short? asking the future price not the spot price.

I had one NIFTY short @ 5484.9 covered @5459, entered and exited today
Currently have one MINI Nifty holding from 5553.15 entered on 08-06-11,
Another MINI Nifty entered today @ 5478.5.

I am taking positions based on various systems , Sometimes I will be long and short both at the same time depending on the system.

Reason for exiting the NIFTY @ 5459 is I carry only MINI Nifty overnight.

 

[vijayinvitesk]

Continuing the short trade that was initiated yesterday at 5477.15

 

[kgsirasangi]

Today minifty was varying between 5405 to 5450.
What action you took today?

Thanks

 

[vijayinvitesk]

Today minifty was varying between 5405 to 5450.
What action you took today?

Thanks

I am still in short with SL above 5459.60. Market came till 4555 and the SL dint hit. Thats the thing i like about my SL. This kinda things happened many a times in my trading system. Once i remember my SL was just 2 points away. When the market oscillated my SL protected me. Last time when it happened i got 175 points profit. I guess this time too i will get that much or more

 

[vijayinvitesk]

You saw the power of my SL? wow, i myself cant believe this. The SL was at 5459.60 and the market came till 5458.9 and reversed amazing

 

[vijayinvitesk]

In Short initiated at 5477.15.
Stop and reverse above 5448.

 

[vijayinvitesk]

Going good . M2M 100+ points profit

 

[vijayinvitesk]

Continuing the short trade which was initiated at 5477.15

 

[vijayinvitesk]

Wow...... Almost 300 points from our short trade. Market is too volatile. Currently the SL is around 5300.

I missed exiting my short trade at 5234 and entering the short trade. I was not at desk so i missed this opportunity. Discipline is the most imp thing in trading. my Current SL at 5300 is a random one. If the market comes down to 5234 i will be exiting the short trade and entering the long.