Nifty Futures Trading

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

SL 5010.80 or exit at 3.25

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

our sweet asish da ......gautam ji

Thanks for correcting me jeee!!!

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

SL now 5014.80

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

SL 5022.80....better exit now at 5034.20

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Great going by the indicator!!!

 

[rkkarnani]

Re: Time to Stick my Neck Out ,Nifty 7300

Great going by the indicator!!!

Not the indicator alone gautam, u get the major credit!!! High time u started your trades again!!!
Very well done!!!!
-R K Karnani

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Not the indicator alone gautam, u get the major credit!!! High time u started your trades again!!!
Very well done!!!!
-R K Karnani

Sir, Credit to Ashish da and yourself, then only mine!!!
Thanks and pray for continued support sir!!!

 

[vvvv]

Re: Time to Stick my Neck Out ,Nifty 7300

Was an excellent day for Ashish da's Kolkata indicator!!!

gr8 to see u makin money out of the indicator..although backtesting is showing not such gr8 results as said by sanjay.kindly post a chart of ur todays trade marking where u went long,short & stopped out.it will help all of us to see the indicator again in a new light.
besides it will be nice if u post sum details for todays trade like:
1)no. of wins
2)no.of losses
3)no. of points won
3)no. of points lost
4)how many times stopped out.

in fact u shud mantain a diary of these records urself.after 2 - 3 months u can find out the effectiveness of the indicator.

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

Above 4995,last prev pivot high, is the hourly on the NF signalling its intention of a change in trend........

Saint

I covered my shorts today... near 4950.... did not have the courage to hold till yesterdays pivot of 5100

And I am long now, with SL below 4990...

Your SL mentioned earlier for long of 4910/20 held today

Regards

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

gr8 to see u makin money out of the indicator..although backtesting is showing not such gr8 results as said by sanjay.kindly post a chart of ur todays trade marking where u went long,short & stopped out.it will help all of us to see the indicator again in a new light.
besides it will be nice if u post sum details for todays trade like:
1)no. of wins
2)no.of losses
3)no. of points won
3)no. of points lost
4)how many times stopped out.

in fact u shud mantain a diary of these records urself.after 2 - 3 months u can find out the effectiveness of the indicator.

Sir, Thanks for your advise. I am already keeoing notes and now onwards shall be even more particular to maintain the trade diary.
I wasnt trading today but my friend who has a terminal and at whose place i am running the metastock he traded 10 lots and made excellent money by any standards.
He exited 6 lots every time at net 15 points gain and carried the balance 4 lots till reversal. On four ocassions as predecided he exited 6 lots at 15 points and balance at achieving ~1%... it was an excellent day. Only one trade hit SL of around 4/5 points.
The net result of my friend was simply unbelievable......
He took chances not becose of anything else but because the data was pathetic...
But he was lucky at crucial junctures the system did not fail.
I am really really happy inspite of it that i did not make money....but i am learning.
The input by SGM and a few PM have been really really really encouraging and all of it due to uashish n rkkarnani!!!
Once i start trading fully I may not be able to post trade live.... I do know they are of no use to any one and my cause to write the trades here was to get directions from seniors and they have really obliged.
It is being a really very good learning expirience!!!
Thanks all!!!!!!!!
-Gautam