Mission (I m) possible 10 lacs to 1 cores in 2014

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Sir, Did you eixt the previous Short when it hit your SL or you are holding the previous 4 lots and have added 6 more at 10650?

Should I exit the Short I am holding ? If you happen to see this post before mkt closes, please reply.
Thanks.
Yes I am holding total 14 lots..(prv sl was daily basis didnt hit.that day ..today added more.).....................I am taking risk...as my profit is more than 70k...in Jan series......almost all trade were perfect....except......last one......let ccc............:thumb:
 
are you sure, that nifty will bounce, then i will also think of buying more ...anyhow position is deep in water..
Trade on your own reading of the trend. No body on the earth knows what the market will do next.Bank Nifty closed 100 points below the level where you posted this. Trend is definately down and buying before market gives indication of trend change is sure way to loose money.Never add to your loosing positions. Dont depend on anyone's views(or hopes)....

Smart_trade
 

sudoku1

Well-Known Member

The Monk.

Well-Known Member
Trade on your own reading of the trend. No body on the earth knows what the market will do next.Bank Nifty closed 100 points below the level where you posted this. Trend is definately down and buying before market gives indication of trend change is sure way to loose money.Never add to your loosing positions. Dont depend on anyone's views(or hopes)....

Smart_trade
yes..i think you loose all your thinking prowess in such situations...if nifty dosnt bounce back tomm will cut all loosers , no matter the price..
 

umeshmandal

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Posting here as I need to understand more about BNF trading. I am more or less doing decent profits in Nifty trading but still wary about BNF.
Have been following Raj Sir in this thread from the start.

Please accept my apologies before hand in case my Post irritates you. Let me assure you that is not the purpose at all.

I find that you have been Posting your Trades here, either in Real Time or maybe later.
I have tracked all your calls, and am surprised to see your post that says you have a profit in hand of 70K before the current trade in which you are holding 14 lots.

The trades I noted from this thread are :
01. Long 4 lots 11560 on Dec27, 2:11 PM (Profit/Loss :???????)
(Exit from this Trade not posted)

02. Short 4 lots 11148 on Jan6, 12:43
Covered 4 lots 11086 on Jan6 2:35 Profit : 6200

03. Short 11156 X 4 lots on Jan8, at 3:31
Covered 2 lots at 10890 on Jan10 at 2:34 (Profit in 2 lots 13300)
(When were the balance 2 covered is not Posted)

04. Long 10960 X 4 lots on Jan20 at 12:10
Sold 2 lots at 11098 on at 9:37
Sold 2 lots at 11186 on Jan 21 posted at 3:45 Profit : 6900+11300


03.Long 4 lots at 11016 on Jan 24 at 11:31
Long 6 Lots at 10650 on Jan 27 at 1:29
(When balance 4 lots were bought is not posted) Position OPEN

Total profit as per trades posted : 37700 less expenses !
So request you to kindly post the remaining Trades.
The 10 lots that you are holding are bought at an average of 10800 approx, so you are staring at a loss of ~60000 in 10 lots, dont know your entry of balance 4 lots. So why are you trading so brashly. Having profit in hand does not mean we put it at risk? Its your money your trades, but if a few lines are written by you in this regard, it may help people like me who wish to add BNF to their trading stock.
 
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