Nifty Futures Trading

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gkpc

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Re: Time to Stick my Neck Out ,Nifty 7300

Exited all at 70 points, at 5042.20
Could not keep patience any more.
As advised by seniors, i tried to "let the profits run"......
Thanks all.
-Gautam
Shall not trade any more today.
 

gkpc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Todays trades :

Short 4 lots @ 5057.80 Bot 4 lots @ 5072.20 : (-) 57.60
LONG 4 lots @ 5072.20 Sold 1 lot @ 5083.70 : (+) 11.5
Sold 1 lot @ 5091.80 : (+) 19.6
Sold 2 lots@ 5142.20 : (+)140

Gross : 113.50 nifty points

Really really in debt to rkk for his input on carrying the trades after the days position is net in positive !!!! Made a BIG BIG difference!!!!
 

myvineet

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

Exited all at 70 points, at 5042.20
Could not keep patience any more.
As advised by seniors, i tried to "let the profits run"......
Thanks all.
-Gautam
Shall not trade any more today.
nice trade gautam ...u keep the brokerage low too...good :)
 
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gkpc

Well-Known Member
Re: Time to Stick my Neck Out ,Nifty 7300

nice trade gautam ...u keep the brokerage low too...good :)
Frankly , your post yesterday had got me thinking too, not that i wasnt thinking abt it, but it encouraged me a lot and so approached rkk who had all through guided me, he told me the oft repeated line read n number of time at many places : LET THE PROFITS RUN, and thats what i did. It was his idea that once the trade is in certain profit try to raise the SL to conserve your profits and he said when once you have reached the sl LEVEL AT say beyond 20 0R 25 points WHY BOTHER TO BOOK PROFIT AS YOU ARE NORMALLY DOING IT AT 20 POINTS..... so toady mkt helped and made me earn decently.
Regards. Thanks
_gautam
 
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