Nifty Futures Trading

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Would have exited below the low of this bar @ 4982.80

 

[rkkarnani]

Re: Time to Stick my Neck Out ,Nifty 7300

go long invrese H&S formation

In what time frame and what is the value of the neckline

 

[alokdaga]

Re: Time to Stick my Neck Out ,Nifty 7300

You have very rightly observed,trying to change the style of booking small profits from yesterday.Nice to see ur post for last 2 days.

Ok. Actually Ashishda, I have been doing positional trading only so far. From mid January had stopped trading till now on Positional Basis due to high market volatility. Now looking towards trading Nifty intraday. Since you are very experienced in this field, hence asked for your opinion.

Regards

Alok

 

[sillu_m]

Re: Time to Stick my Neck Out ,Nifty 7300

go long invrese H&S formation

SL trigrd

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Made total profit of 186.90 Nifty points in trading 6X4=24 lots at an avrage od around 7.80 points per lot.

186.90 Less brokerage etc. for buying and selling 24 lots.

186.90 X50= 9345 less 180X24 trades=4320 Net : 5025/-approx. (Excellent for me)

Just see how much the brokerage matters when you trade for small profits.....
Mine is just 0.02% and my friend says it among the lowest that i can get!!!
To quote rkk ," Money saved in brokerage is money earned in trade "!!!!
seek advice to reduce brokerage!!!!!!
Regards
-Gautam

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

Weak closing!!! Well today could not make money! Many wrong trades... I don't know wht happned... Closed yesterday's long postion. Could not profit from Intraday today...

Regards

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

Weak closing!!! Well today could not make money! Many wrong trades... I don't know wht happned... Closed yesterday's long postion. Could not profit from Intraday today...

Regards

never mind
cheer up for 2mrw

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

Made total profit of 186.90 Nifty points in trading 6X4=24 lots at an avrage od around 7.80 points per lot.

186.90 Less brokerage etc. for buying and selling 24 lots.

186.90 X50= 9345 less 180X24 trades=4320 Net : 5025/-approx. (Excellent for me)

Just see how much the brokerage matters when you trade for small profits.....
Mine is just 0.02% and my friend says it among the lowest that i can get!!!
To quote rkk ," Money saved in brokerage is money earned in trade "!!!!
seek advice to reduce brokerage!!!!!!
Regards
-Gautam

Congratulations

Yes you are right! In small trades... the broker gets rich... even I am trying to stop small trades... But unable to... today could not make money through small trades...

Regards

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Trades till now : traded 4 lots in every signal
L 5045.20 exit 3 at 5055.70 and 1 at 5041.80
S 5041.80 exit 3 at 5030.30 and 1 at 5045.20
L 5045.20 exit 3 at 5056.70 and 1 at 5052.80
S 5052.80 exit 4 at 5061.20 SL hit w/o first tgt of net 10 points
L 5061.20 exit 3 at 5072.70 1 at 5059.80
S 5059.80 exit 3 at 5048.30 holding one lot with sl now at 5041.20
Exited at 5008.20

On analysing my trades i observed that had i not booked 10 point net profits for 3/4 quantity in all trades, i would have exited 1st 2nd and 4th trade in loss of around 100+ points but the same would have been made up in the last trade where i exited 3/4 qty at 10 net points and the fourth lot gave 50+ POINTS.....so i wud hv got 150 extra points!!! Which is the rught way to do things.... keep on reversing trades w/o booking partial profits or do as i hv been doing...
Need sincere advise from all Please!!!!!
Regards
-Gautam

 

[kvram]

Re: Time to Stick my Neck Out ,Nifty 7300

dear gautam sir rmoney is least charging arnd 0.01 plz ask them.Only thing we should get good service , even karvy ppl offered for 5 lots nifty per day 500 rs. for squareup.