Minifty

[vijayinvitesk]

One more good day. Never thought of exiting from the market. Green all along. LTP is 5630 which is today's high. This is really good thing. MTM profit points 63.45 points.

 

[vijayinvitesk]

6000 views to my thread. Hope i can see market also at 6000

 

[vijayinvitesk]

Stop and reverse below 5628.65.

 

[vijayinvitesk]

Some problem with my order today

http://www.traderji.com/brokers-trading-platforms/47790-zerodha-356.html#post565532

i shorted at different price than what my system said bec of the order problem.

system signals.
Exited long at 5628.50 profit of 61.85 points (5628.5-5566.65)
short at 5628.5

 

[columbus]

Some problem with my order today

http://www.traderji.com/brokers-trading-platforms/47790-zerodha-356.html#post565532

i shorted at different price than what my system said bec of the order problem.

system signals.
Exited long at 5628.50 profit of 61.85 points (5628.5-5566.65)
short at 5628.5

Hi Vijay,

I am not a competent person to talk on STOPLOSS , there is no guarantee
that it will be executed as YOU THINK sometimes.Especially if market jump ,say from
100 to 104 in jiffy, the stoplosses at 102 may not get executed.

 

[vinodkiyer]

best is to keep the limit price far enough from the trigger price so that the trade will execute at market price positively

 

[sumosanammain]

best is to keep the limit price far enough from the trigger price so that the trade will execute at market price positively

In Nifty, I keep trigger only, and leave the other window as blank, meaning next available price. Sometimes takes 20 to 50 paise more, but execution is guarenteed.

Not advisable in stocks, as sometimes even liquid stocks cant handle volume. Have had a bad experience with aptech a few years back. Had an order for 2000 aptech at trigger 93. Sold at 91. From that day onwards, I have never traded stocks with an open market trigger.

 

[vijayinvitesk]

Thank you guys for the replies. But the problem i faced is not the trade execution. but the trigger. If it had triggered it would ve got executed. the trigger was at 5628.65. Once the price crossed down this level and went to 5627. That time it should ve got triggered. But it did not. Later the price moved to 5633(+/- levels). Obviously my order should have got executed if it was triggered. I was outside and i coudlnt even cancel the order using mobile version. Had to call the customer care guys and had to start at 5619. Almost 10 points below the ideal price(according to my system).

 

[vijayinvitesk]

Stop loss hit at 5673.8. Loss 45.8 points.

Current trade. Long at 5673.8. SAR below 5631.5

 

[vijayinvitesk]

SL Triggered. Loss 42.3 points.

In short now. Entered at 5631