Nifty Futures Trading

[lvgandhi]

Re: Time to Stick my Neck Out ,Nifty 7300

did not close inside

For me it closed inside band. LB was 4888.4 Cl was 4890

 

[lvgandhi]

Re: Time to Stick my Neck Out ,Nifty 7300

Below the low or high in case of longs...

Thank you for this input.

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

just see how i missed opportunity for not keeping a strict trading discipline, last lot wud hv given excellent money!!!!!!!!!!!!!!!!!!!!!

 

[lvgandhi]

Re: Time to Stick my Neck Out ,Nifty 7300

just see how i missed opportunity for not keeping a strict trading discipline, last lot wud hv given excellent money!!!!!!!!!!!!!!!!!!!!!

Yes. Rightly told. But your discipline is good. You played as per your rules not to trade after 15:00

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Trades today :

Short 4936.80 Covered 2 at 4924.80, 2 at 4930.20
Long 4930.20 Sold 4 at 4930.80
Short 4930.80 covered 4 at 4038.20
Long 4038.20 sold at 4035.80
Short 4932.80 cover 2 at 4916.60 , 1 at 4910.80 and 1 at 4912.20
Long 4912.20 sold 2 at 4924.20, 1 at 4934.20 and 1 at 4915.80
Short 4915.80 cover 2 at 4903.80, 1 at 4893.80 and 1 at 4889.20

The last lot shud have been held as per rules till exited , cud have given excellent profit!!!

Each trade gave profit and loss as follows :
1. + 37.20
2. + 3.20
3. - 26.40
4. - 9.60
5. +75.00
6. +49.60
7. +81.60 (missed around 50 points in this, should have exited at 3.25 : 4838)
Approx ~ 200+ in total lots bot and sold : 4 lots in each trade!!! i.e 28 lots bot and 28 sold!!!

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

Yes. Rightly told. But your discipline is good. You played as per your rules not to trade after 15:00

Sir, the rule is not to take a FRESH position after 3!!!! exit all positions at 3.25

 

[rkripal]

Re: Time to Stick my Neck Out ,Nifty 7300

Trades today :

Short 4936.80 Covered 2 at 4924.80, 2 at 4930.20
Long 4930.20 Sold 4 at 4930.80
Short 4930.80 covered 4 at 4038.20
Long 4038.20 sold at 4035.80
Short 4932.80 cover 2 at 4916.60 , 1 at 4910.80 and 1 at 4912.20
Long 4912.20 sold 2 at 4924.20, 1 at 4934.20 and 1 at 4915.80
Short 4915.80 cover 2 at 4903.80, 1 at 4893.80 and 1 at 4889.20

The last lot shud have been held as per rules till exited , cud have given excellent profit!!!

Each trade gave profit and loss as follows :
1. + 37.20
2. + 3.20
3. - 26.40
4. - 9.60
5. +75.00
6. +49.60
7. +81.60 (missed around 50 points in this, should have exited at 3.25 : 4838)
Approx ~ 200+ in total lots bot and sold : 4 lots in each trade!!! i.e 28 lots bot and 28 sold!!!

many times i have seen here your posts about your daily trading. sometimes you exit at 8 or 10 points profit and still consider it a profitable trade. i am surprised how can you afford it. (dont you pay brokerage and taxes)

 

[gkpc]

Re: Time to Stick my Neck Out ,Nifty 7300

many times i have seen here your posts about your daily trading. sometimes you exit at 8 or 10 points profit and still consider it a profitable trade. i am surprised how can you afford it. (dont you pay brokerage and taxes)

I as a rule used to exit at 10 points, 8 was a rare thing when the target was near a round figure like 4900/4800/5000 etc.
Now i exit at minimum 12 points. I pay 0.01% brokerage + charges. Now plan to take rkglobal account where it shall still be cheaper!!!
Yes, 12 points profit turns out to be net net profitable!!!
Thanks

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

This is the height of bad luck.. shorted nifty at 4877 and suddenly prices fell and wanted to square off.. icici site down when it starts working i was in a loss of 3 points.. so carrying forward my shorts..

Once more thanks GKPC ..
Thanks,
Nagendra

 

[milkyblack]

Re: Time to Stick my Neck Out ,Nifty 7300

I as a rule used to exit at 10 points, 8 was a rare thing when the target was near a round figure like 4900/4800/5000 etc.
Now i exit at minimum 12 points. I pay 0.01% brokerage + charges. Now plan to take rkglobal account where it shall still be cheaper!!!
Yes, 12 points profit turns out to be net net profitable!!!
Thanks

Which is your broker now? If its .01% its cheap
And also did you enroll for a RT data provider? Which one are you using now and how much do you pay?
Once again congratulations for your trades for the day!!!!

Regards