Nifty Futures Trading

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Could you throw some light on these trades ? Is this just to make some profit with out applying any technical reasoning and by changing the SL levels all the time ? Sorry to say , but never ever practise this method . I dont say it burns your fingers...as it will BURN YOU .

I learnt from this forum is " Never average a loosing Trade " and its 101% correct .

Naresh
This trades are for covering Future short 10 lots at 4150 level (spot) (positional). Putting no stop future as it is in downtrend in longer term (monthly quarterly).
 
This trades are for covering Future short 10 lots at 4150 level (spot) (positional). Putting no stop future as it is in downtrend in longer term (monthly quarterly).
I use stop for future by using option trades. What is ur view in this regard, is it good for gap down market ? Intraday option trades are very usefull in this type of market.

Regards.
 
U

uasish

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Covered becoz in 15 mins the bar of 11.45 & 12.00 was having greater Volume & the 12.00's candel closing above 50 % of Range,hence holding Short was not prudent.
 
You all know that Naked Option sell is injurious to health. It attracts more margin from broker and tension for loosing unlimited money.

I think Saint and Ashisda will also agree with me on this point.

Regards.
 
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