Nifty Futures Trading

[uasish]

This To be & Not to be brings to my memory,the Gr8 Philosoher 'Camu' & 'Kafka' their views in the Book:= "Being & Nothingness"

 

[AMITBE]

This To be & Not to be brings to my memory,the Gr8 Philosoher 'Camu' & 'Kafka' their views in the Book:= "Being & Nothingness"

Must admit have not read that Sartre’s book, but the title is interesting.

What say we settle on an understanding drawn from E. M. Forster's observation:

"People have their own deaths as well as their own lives, and even if there is nothing beyond death, we shall differ in our nothingness."

 

[uasish]

As always find you are quite well read .

Now that you have understood my intentions kndly second my view of closing this Thread to Upgrade to a New one.

 

[uasish]

Satyajit,

3545 is a good support upto 3500,if it breaks then next is 3230.50 hence the chart formation at these levels of 3500 to 3570 is imp. for confirmatin of correction/impulse wave termination or continuation ?

Asish

 

[AMITBE]

As always find you are quite well read .

Now that you have understood my intentions kndly second my view of closing this Thread to Upgrade to a New one.

Closing this to begin another is not a mutually exclusive equation, Sir, just as Being And Nothingness are mutually inclusive.

Again, motion denied.

 

[uasish]

Just cant stop smiling with so brilliant analogy.

 

[Saint]

Asish,

Just found out about your plans to close this thread down........don't think you should do any such thing,my friend.

Many newcomers coming into Traderji have benefitted from this thread...... many have had their questions dealt with by yourself,Satyajit,Deb,Sunil,Czar and others.It will be a big loss for them.....

Carry on with your new thread........keep this open though,and answer when you find the time.

Hope you reconsider.....

Saint

 

[lalpar]

3612 is a togh resistance in horly this is the 3rd attempt to cross lets see

 

[Sunil]

Yes Da, i agree this with u - it had become quite tough for me to post my trades on realtime basis - i think, this is a common problem with many...
only certain things like some chart pattern formations, or some KEY levels, etc are posted - which helps during intraday...
As is apparent, this has been the case since last few days - goes very silent during trading hours...

will complete later

Asish da...
It seems that this old (but gold) thread is having "support", while the new thread is facing "resistance"...

Frankly, both threads will be similiar in content.... (correct me if i am wrong)...
My main gift from u was our LIBRARY thread.... now, for positional nifty trading (a non-flow method), we have czar's thread...

for intraday trading, where most posts will be about upcoming levels, pattern formation attempts, key indicators playing their game, etc.... real time trade posting becomes a hassle sometimes -
- so, this purpose is solved here or in the new thread - it doesn't make that much difference...
only request is to change the folder of the thread... u have placed it under "TECHNICAL ANALYSIS"... this seemed suitable for our LIBRARY thread...
but for intraday trading, this current thread's folder is appropriate (DERIVATIVES)...

again, this brings back to the conclusion that a new thread becomes essential only if purpose has changed...
since u changed the title of this thread from "7300" to "Nifty Fut Trading", the purpose of this thread, apparently too changed.

Admitting to the fact, that this being a daily posting thread, once a trading day is over, I seldom need to visit the earlier pages - the importance of the earlier posts was there only for that minute, or that hour (max for next day)... there are no detailed concepts/rules mentioned in earlier posts - we have a different LIBRARY thread for this purpose...
In ths sense, it REALLY makes no difference whether to continue this thread, or switch to a new one

I leave the decision on you....

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

THIS POST (OF MAY 08) SHOULD SUMMARISE OUR EMOTIONS FOR YOUR SUPPORT, DA

As mentioned above... its been of great help! Honestly speaking I was a looser in intraday... a big time looser... (still I am, but a small one) Wht ever I know and earn of Intraday its because of this thread... and till now after this thread I have not "made loss" in Intraday
By loss I mean blunder, keeping the loss to run and cut down profit...

It is today after a long time I just got stuck with my short(which I have even posted on Saint's thread, new int uptrend)...

But let me add to this... earlier I was always stuck with some trade or other... which was moving "in just the opposite direction"

Now I keep my losses small.... I really do not know wht happned to me today(did I not consider the deep SL? or was I Determined tht the market will move in my direction, come wht ever may....

It was a good jhatka for me from the market to me today.... -50 pts and I call it good jhatka?????? Yes I call it one nowdays... coz now I am not used carrying loosing postions... earlier when I thought market moves the way I think then a loss of 200 pts was also been carried by me...

I cant believe it when I look back now... But still a long way to go... Its just my 1st baby step to the market... this baby got a tight bashing from the market today...

Why I call it a bashing to the baby is because somewhere I beieve I have taken a wrong trade today(and even knowing it I did not change my stance, and waited for the ultimate bashing)

Ashish Da...

If you keep this thread alive... people like me can learn from it and get moral support...

A traders life is in solitude... but at the end of the day everyone needs someone...

A trader needs a trader, who can best understand this world.... others just say this is gamble...

To prove it tht a trader is not a gambler... we need you Ashish Da...

Regards

I had joined this thread, around that time.... and I have no hesitation to give u the credit for whatever I have learned many new things about nifty intraday trading (all the hows & whys) from your posts.

we as a trader are here to share our findings only,as Mkt teaches us.

THIS SUMMARISES THE NEED OF SUCH A THREAD