Nifty Futures Trading
- Thread starter uasish
- Start date
- Tags nifty futures nifty intraday trading
- Status
rishi,when everyone told you were wrong you held on to your shorts and look who is right today .....yes you have to put stops but do what you are comfortable doing... most of them in this thread are scalpers (those who play with 10-20 pts) hence their attitude towards trading may not necessarily work for you ......as i understand you are a position trader and any kind of trader needs these kind of large profits to offset inevitable losses .so far you have done everything right
1.you have added more to a winning position while most of us here are no.1 in taking whatever profits we get..
2.you have so far stayed with your winning position while most of us would have entared,exited,entared.......a 100 times..thereby making our brokers also rich.
3.you are not thinking about taking profits on a trailing basis which again is the way to trade .... we should only take profits when the trend has changed (imagine if this trend ends at 4200 and you have booked out at 4400 you will have no one else to blame but yourself...it might go to 4500 also but the question is did we give ourselves the best chance to make maximum out of the trend)
Now back to monday morning , if the market gaps up dont think that others were right, as there will always be a "i told u before" gang(iam also part of that gang
everywhere...
1.you have added more to a winning position while most of us here are no.1 in taking whatever profits we get..
2.you have so far stayed with your winning position while most of us would have entared,exited,entared.......a 100 times..thereby making our brokers also rich.
3.you are not thinking about taking profits on a trailing basis which again is the way to trade .... we should only take profits when the trend has changed (imagine if this trend ends at 4200 and you have booked out at 4400 you will have no one else to blame but yourself...it might go to 4500 also but the question is did we give ourselves the best chance to make maximum out of the trend)
Now back to monday morning , if the market gaps up dont think that others were right, as there will always be a "i told u before" gang(iam also part of that gang
everywhere...
Also It would be better if anyone posting a trade BEGIN on a thread to promptly also post a CLOSE to the trade referring to his original post. So that anyone following that LEAD would understand what happened or when to close that trade. There is no point in just posting ONLY WINNING TRADES.
Just my observations.
Is there a thread here on this forum that is focused towards positional trading rather than day trading? I think I might fit in there better 
- Status
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