My EOD Stock trades......updated regularly
- Thread starter Nifty Trader
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- Tags eod positional trading stock calls swing trading trading system
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Normally, I wouldnt have more than 4-5 open positions at any given point in time. However, the charts of all the Buys esp. are too compelling to ignore. Such strong charts normally do not reverse & break down easily. Hence, I am looking to trade them consistently for some time. So 1-2 stop losses here & there are irrelevant in the larger scheme of things. Also, sitting on 2 shorts so the extra longs are not risky.
Was looking to go long either between Kajaria Ceramics & Havell's last week & I chose the former. The latter's run quicker though (up 5% today) :lol: Money management means I cant take any more longs.
This is how a stock teases traders sometimes & tests your instincts to exit sooner than is warranted by your method. Ajanta Pharma bought at 436.45 on 13th March goes to a high of 492, SL is trailed to 433.9, stock drops to 439, you are almost resigned to the SL being triggered any day now & watch what happens. Stock is up 7.5% today & has taken out the previous high of 492
Kingfisher Airlines continues to drop (down 9% today) as if the company is shutting down tomorrow (well, that doesnt sound improbable :lol: ). How I wish it was still in the FnO segment. Lesson - Always trade what the charts are telling you & dont be fooled by the direction of the index. The stock might do the exact opposite.
Was looking to go long either between Kajaria Ceramics & Havell's last week & I chose the former. The latter's run quicker though (up 5% today) :lol: Money management means I cant take any more longs.
This is how a stock teases traders sometimes & tests your instincts to exit sooner than is warranted by your method. Ajanta Pharma bought at 436.45 on 13th March goes to a high of 492, SL is trailed to 433.9, stock drops to 439, you are almost resigned to the SL being triggered any day now & watch what happens. Stock is up 7.5% today & has taken out the previous high of 492
Kingfisher Airlines continues to drop (down 9% today) as if the company is shutting down tomorrow (well, that doesnt sound improbable :lol: ). How I wish it was still in the FnO segment. Lesson - Always trade what the charts are telling you & dont be fooled by the direction of the index. The stock might do the exact opposite.
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Hi Sanju. Thanks for your encouragement.
When I enter any stock, I dont have any set target in mind. I will take whatever the market will give me. The only thing I know for certain is my Stop Loss. The idea is limit your downside & keep the upside open. So I am willing to lose only X but open to gain X, 2X, 3X or whatever the market decides to give. As long as the trailing Stop is not hit I will keep riding the winner. This way the risk-reward ratio is in my favour. This allows me to be profitable with an accuracy rate of even as low as 30%! So I can be stopped out 7 times out of 10 & still make money
Yes, Bata looks great. Its at an all-time high & should go up further.
When I enter any stock, I dont have any set target in mind. I will take whatever the market will give me. The only thing I know for certain is my Stop Loss. The idea is limit your downside & keep the upside open. So I am willing to lose only X but open to gain X, 2X, 3X or whatever the market decides to give. As long as the trailing Stop is not hit I will keep riding the winner. This way the risk-reward ratio is in my favour. This allows me to be profitable with an accuracy rate of even as low as 30%! So I can be stopped out 7 times out of 10 & still make money
Yes, Bata looks great. Its at an all-time high & should go up further.
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