My Nifty/Mini-Nifty Positional trade logs

Can Stochastics indicator alone be used for positional trading?


  • Total voters
    50

gunsho

Well-Known Member
i feel entering in multiple lots will will help a lot. In that way, the 1st lot can be booked after good profit(which i didn't do in the last trade) and hold the other one till the condition is favorable taking the risk.
Always does... booking partially to cover the SL is always good. Some people book at 1:2, so if it reverses, still be in profit. Probability of 1:2 has became less nowadays :lol:
 

summasumma

Well-Known Member


All stochs came down and everything in OS zone.
Entry decision should probably happen EOD tomorrow based on whether 2111/811 is pulling back or not.
Will enter long after all stochs starts pointing UP.


Open Position:
--------------
No position.

P/L status:
-----------
-20+80+142-8-90+15-60 = +59
 

summasumma

Well-Known Member
SummaSumma,

Will that be correct to say that 811 is very close to OS zone and standing just above OS i.e above 20 and primarily its 2111 which needs to come out of OZ zone.
yes prabhsingh, 811 is already peaking out of OS zone and only 2111 needs to come out. I was wrong in that sense.

And remember, if 2111 also comes out tomorrow, they both have to be close enough or move in same force. Togetherness is the key in stochastics. Once they start spread-out from each other market doesn't make commanding moves(ofcourse, there are few exceptions).
 

summasumma

Well-Known Member
Errrrrrrrr :mad: .... child/2111/811 are both out of OS zone and i missed to enter long today EOD by 1 sec again....
will update charts later...
Missed the entry yesterday and now feel like not entering now as it already up and above 40+ points...

does anyone has solution for this emotional catch? :(
 

summasumma

Well-Known Member


All stochs went up.

2111/811 together moving up and you can see market making good move.
This is the togetherness i was talking about. You can see how the up move proved to be just swing up when lasttime 2111/811 moved up with big gap btwn them(not together).

Hold long if anyone is already long. I will see to enter trade after seeing tomorrow's move.
 

prabhsingh

Well-Known Member
SummaSumma,

Do we really need 32,9,1/ 21,9,1 and 15,3,1 Stochs because movement judgement can be made from 2111,811 and 2131.Isnt it?
Secondly,whats your opinion about Stochs for Nifty SPOT.Does it works same way as for Futures?
 

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