Nifty Futures Trading

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

please suggest me the stop loss for nifty mar futures i went long at 5083

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Got out 50 % @ 5125

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

I went long on nifty mar fut at 5083. Wht should be the stop loss i should keep. Please advice

Nagendra,

That stop loss should have been known BEFORE entering a Trade....If you had entered yesterday and your stops got taken out thanx 2 the gap down today,well,that happens......keep your stops at 5086.

Saint

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Nagendra,

That stop loss should have been known BEFORE entering a Trade....If you had entered yesterday and your stops got taken out thanx 2 the gap down today,well,that happens......keep your stops at 5086.

Saint

Mar futs?So entry was today?Without stop loss in place?What's the time frame of trade?

Should have followed Asish's trade then........he just took 50% profits at 5125,but again all that depends on time frame,doesn't it?

Saint

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

no i went long today morning. i thought nifty was in a deep discount so i thought there will be some short covering in evening.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

Still Waiting.

 

[aca_trader]

Re: Time to Stick my Neck Out ,Nifty 7300

no i went long today morning. i thought nifty was in a deep discount so i thought there will be some short covering in evening.

Most of the time this theory hold ground but the days when it does not may be pretty nasty.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Got out balance 50 % @ 5114.00

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

no i went long today morning. i thought nifty was in a deep discount so i thought there will be some short covering in evening.

Ah,deep discount......thought there will be covering.......Hmmmm


May I suggest something.......time for lots of education for now.This is a dangerous field,my friend.........Lots of work to be done b4 that first trade.


Else,you'll get eaten up .......hope you take it in right spirits.

Saint

 

[Saint]

Re: Time to Stick my Neck Out ,Nifty 7300

Shorted at 5105,sl at 5033

Saint