asishji , agreed with the quantity part but confidence only comes from putting in profitable trades over a period of time and this confidence of winning for me varies depending upon the time frame .... There are few people who can consistently put in winning trades across timeframes like 5min,60min,daily and weekly....
these days i make my money @ opening and lose atleast half of it through the day .... somehow not very good at this 5 min thing(not as gifted as you and many others are in this art) ....s/ls get taken out in every other trade hence going by hourly and daily and this means taking overnight exposures every day but through varied options strategies and not in futures... In short , the definition of risk differs from people to people .... for me the risk lies in trading 5min and the reward lies in trading 60min/daily and thats what my contract note says for the past several months
in the mean time 3956 - 3962 in spot nifty is offering good support.Will it get cracked ! if it gets them 30 pts from there will come easy
these days i make my money @ opening and lose atleast half of it through the day .... somehow not very good at this 5 min thing(not as gifted as you and many others are in this art) ....s/ls get taken out in every other trade hence going by hourly and daily and this means taking overnight exposures every day but through varied options strategies and not in futures... In short , the definition of risk differs from people to people .... for me the risk lies in trading 5min and the reward lies in trading 60min/daily and thats what my contract note says for the past several months
in the mean time 3956 - 3962 in spot nifty is offering good support.Will it get cracked ! if it gets them 30 pts from there will come easy
