Nifty Futures Positional Trading

[toocool]

It doesn't matter for him, even if market moves 200 points up further he can still hold short position as he has enough margin money to cover.

Its a matter of how much he gains when he is right and how much he lose when he is wrong. I believe stock72 is very good in money management, he don't put all his money in single trade, at the max he puts only 20% of his capital in single trade.

So toocool, just be cool

:lol: okayy

 

[rajgreenpeace]

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[jamit_05]

Trade your shorts very seriously... Today may give bumper profits.

 

[toocool]

Trade your shorts very seriously... Today may give bumper profits.

any specific reason for trading shorts?

 

[jamit_05]

I had sold 6100 CE @ 133 agaisnt NF;

Will cover 6100 CE @ 145 and sell 6200 Ce @ 88
Cost is Rs.12. In return, I get a scope for another 100 points in NF if uptrend lasts. If it doesn't then increasing my chances of seeing the sold option leg expiring worthless by 100 NF points!

Pretty good deal eh!

 

[rkkarnani]

Trade your shorts very seriously... Today may give bumper profits.

very seriously = very wisely

 

[DanPickUp]

Trade your shorts very seriously... Today may give bumper profits.

That is the picture at the moment from the S&P 500 in the States:

and that could become a good short, as yesterday the move up was quit big.

 

[jamit_05]

any specific reason for trading shorts?

There is plenty of room down below, between CMP and daily ema15 of nifty... so if the short momentum comes price will have enough room to stretch its legs.

 

[jamit_05]

I probably have the worst entry in the entire nation...

Shorted at 6159.70 SL 15 points.

Already took profit of 10 points on one lot... 3 more to go.

 

[jamit_05]

I probably have the worst entry in the entire nation...

Shorted at 6159.70 SL 15 points.

Already took profit of 10 points on one lot... 3 more to go.

I think I should have shorted at 6170.75;

I wanted an absolute confirmation of short below the 5 min pivot... hence got in at 6159.70;