Nifty Futures Positional Trading

[jamit_05]

Long 6107.15 SL 19 points.

 

[jamit_05]

Not too keen on shorts yet... reasons:

1) NF already fell 60 points.
2) All sorts of EMAs and Vwaps will support

 

[jamit_05]

Today looks like a good day to take my chances with adds, however, will keep a close watch for death of momentum.

So here goes, while I make sure my initial risk-per-trade is constant, I will

Add at 6122.25 ALL EXIT STOP LOSS 6105.55

 

[TraderRavi]

Long 6107.15 SL 19 points.

triggered .

 

[toocool]

Today looks like a good day to take my chances with adds, however, will keep a close watch for death of momentum.

So here goes, while I make sure my initial risk-per-trade is constant, I will

Add at 6122.25 ALL EXIT STOP LOSS 6105.55

i am unable to understand your adding position style , you added yesterday itself and i suppose booked on opening ? and you are looking to add again , why not keep yesterday position and not book until reversal ?

you know i do not understand , these adds and pyramiding and stuff , so please enlighten me:thumb:

 

[jamit_05]

There is a Short Signal but will not take it...

 

[jamit_05]

Today looks like a good day to take my chances with adds, however, will keep a close watch for death of momentum.

So here goes, while I make sure my initial risk-per-trade is constant, I will

Add at 6122.25 ALL EXIT STOP LOSS 6105.55

Add raised a little due to congestion. Fast cars and Traffic are not a good combo.

Add at 6133.15
This would make my all exit at 5115.85;

This is a second and last shift in adds. If the price does not attract momentum then I will not add.

 

[jamit_05]

If it wants to dance slow... then will dance slow... added small at retest.

 

[jamit_05]

This is the reason why I do not like to add when price is slow...

 

[jamit_05]

This is the reason why I do not like to add when price is slow...

Now my only wish is to make sure that when price is slow take profit... at least 30% when you can.

Will add at 6109.25 SL 6092.44 (Initial Stop Loss holding)

This is not correct money management. But, I hope to put a lid on it.