Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Hi Saint,
Thanks a lot for your reply and clearing my doubts. Yes I am not new to stock markets. I have been participating in markets through MFs and have been watching them for last few years.

I like reading, and so have been avidly reading about the markets, though have invested directly very few times. I have come to realise that fighting the internal demons is the most critical path to success in the markets.
So right now i am doing some net practise to find out what demons i have within me (foresight, expectation, exasperation, in-flexibility have already been caught). Whether or not i am able to suppress these demons remain to be seen but i wanted to find out in which form of trading will they affect me the least. I will start trading actively very soon and thats why I asked you the question about day/position trading.

I have read your articles in "Teach a man..." and elsewhere and so I know you are simply great. Knowingly or unknowingly you have mentored a very large num of people including me. I wish to pay my gratitude for your selfless service and look forward for learning more from you.

Thanks a lot for your time and views.
 
Re: Time to Stick my Neck Out ,Nifty 7300

Entered long at 4522,sl 4478

Saint
 
Re: Time to Stick my Neck Out ,Nifty 7300

5min taking out previous pivot highs.........of course still considered as a 60min dntrend

Saint
 
Re: Time to Stick my Neck Out ,Nifty 7300

Did the same thing. Long above first 5 min high. Entry @ 4521.5.

Booked a bit of profit @ 4540 but will reinvest above day's high.

P.S. :- Sorry for the delay in posting. A few things have tied me up for the moment.
 
Re: Time to Stick my Neck Out ,Nifty 7300

Adding more over the previous pivot high ie high of today

Saint
 
Re: Time to Stick my Neck Out ,Nifty 7300

Avg now at 4535,SL now at 4522

Saint
 
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