Nifty Futures Trading

[mitasatyajit]

why dint I buy , I'm too slow for intraday...

I could not also go long. Sufficiant courage was not there as elder brother (longer time frame trend) does not allow to do. Waiting for sell at rise.

Regards

 

[Sunil]

phew...
that inv H&S b/o more than made up for that PUT loss

 

[Czar]

My pleasure, Learn2... send 1/2 please, nope enjoy man, atleast someone made on me... & I got sparred of loss...

 

[learn2trade08]

yes even i was hesitent too...but i always had a feeling it would target 100 5 min ma...remmeber my early long trade with target of 4535....thats why i just jumped in....
thanks to u guys...
i personally made a profit of 35 points and 40 points borrowed from Czar.....good day!!!!
thanks

I could not also go long. Sufficiant courage was not there as elder brother (longer time frame trend) does not allow to do. Waiting for sell at rise.

Regards

 

[Sunil]

phew...
that inv H&S b/o more than made up for that PUT loss

that's why i prefer options for positional trades...
so that any intraday movement / BOs can be traded...
still holding that PUT as mentioned earlier with SL 4580+ SPOT

 

[Czar]

yes even i was hesitent too...but i always had a feeling it would target 100 5 min ma...remmeber my early long trade with target of 4535....thats why i just jumped in....
thanks to u guys...
i personally made a profit of 35 points and 40 points borrowed from Czar.....good day!!!!
thanks

dont embarass yaar, that's why we discuss here so much, atleast one of us spots something thats a team...

 

[uasish]

Taking a positional stance is not my cup of tea ,however my age old instinct that if 4531.55 crossed then it becomes bullish,hence sq rd up 50 % but Stop was double ,it seems that saved me from Loss.

Stop Hit with (-) 35 points & Long (due to double qty) exited @ 4556.00 gave (+) 23 points .

No more venturing in Nifty Fut other than ultra short time trading.

 

[learn2trade08]

i really owe u one CZAR...
thanks

My pleasure, Learn2... send 1/2 please, nope enjoy man, atleast someone made on me... & I got sparred of loss...

 

[uasish]

60 min or 30 min TF would be better suited for positional Trading.

 

[Czar]

we are now at the trendline of the tops in hourly....