Nifty Futures Trading

[lalpar]

Lalith, just remember two things:

1. MARKET IS ALWAYS THE KING... REMOVE "I" or "ME" or "MY" from trading. If you have been proved wrong by the market, then (as u say) keep walking... tomorrow is a new day

2. ALWAYS DECIDE A SENSIBLE STOP PROFIT OR STOP LOSS BEFORE TAKING A POSTION AND RESPECT IT, NO MATTER WHAT...



i am quite junior to you, and our trading style somewhat matches (as i had discussed in my earlier pos with you)...
But i would like to guide your attention towards a thread on "Mechanical Trading" by Vinod Nadoda... it's perfect for positional traders (less trades, more points) with defined entry & Stop Loss / Stop profit points, (but without part-profit booking points - that is left to your judgement)
Visit it & try it with Options atleast...
(i had also begun with this, and still sometimes trade accordingly)

traderji . com/futures/16351-nifty-futures-mechanical-trading.html

Hi Sunil,

Thanks ...I have been referring to that thread and infact I am more inclined to be a positional trader rather than taking intrady positions because I am not a Trader by profession..I can be at terminal from 10 to 3 30 but I am in to a diff profession....

Options:Quite frankly speaking I dont undertsnad options at all....Can you provide me with a good link on options....

Thanks once again..

Regards
Lalith

 

[Sunil]

BEAR SCARE:

1. Refer to the EOD chart of SPOT with Bar/candlestick as charting style
2. Join the peaks (HOD) of 9 Jan, 2 May, 16 May....
3. This is a downward sloping line, and today's HOD as somewhat touched it
4. SPOT has reacted sharply downwards after touching this line...

i would like comments from other members. as I am not a proper TA...

 

[Sunil]

Lalith,

tell me your email id (or PM me) and i'll send one OPTIONS A to Z file,.. read it over the weekend.
it has basics + advanced strategies which you can use to gain on both upside & downside, with limited risk..

BUT, knowing the liqudity of stocks, try these strategies only on NIFTY...

 

[bbrahma]

BEAR SCARE:

1. Refer to the EOD chart of SPOT with Bar/candlestick as charting style
2. Join the peaks (HOD) of 9 Jan, 2 May, 16 May....
3. This is a downward sloping line, and today's HOD as somewhat touched it
4. SPOT has reacted sharply downwards after touching this line...

i would like comments from other members. as I am not a proper TA...

Note sure, but I too believe it would be a consolidation.

 

[lalpar]

Lalith,

tell me your email id (or PM me) and i'll send one OPTIONS A to Z file,.. read it over the weekend.
it has basics + advanced strategies which you can use to gain on both upside & downside, with limited risk..

BUT, knowing the liqudity of stocks, try these strategies only on NIFTY...

Sent u a PM

 

[tinchu76]

Lalith,

tell me your email id (or PM me) and i'll send one OPTIONS A to Z file,.. read it over the weekend.
it has basics + advanced strategies which you can use to gain on both upside & downside, with limited risk..

BUT, knowing the liqudity of stocks, try these strategies only on NIFTY...

Dear sunil

Pls send me the optin file too emaild my address thru PM

 

[nareshch]

so what if an island reversal get island reversed once more

That good indication for Longs .But to get around 80 point gap up tomorrow , we may need some good Global Cues .

Internal Cues - Talks of Banking reforms bill , pension reforms bill, SBI Bill , Realiance-RNRL case . These are not deciding factors for tomorrow but the news flow on these will decide the course.

Naresh

 

[Sunil]

Lalith, tinchu...

your email IDs were masked... but i remembered the source of the file.. it's here on this forum itself...

traderji . com/options/21285-options-learning-material-2.html

 

[rajaram.dilipkumar]

guys nifty is coming out of a falling wedge pattern in daily ...... remember this fall to 3800 from 6300 came from a rising wedge.Personally just in breakeven this week after todays market crusaded my yesterdays puts ...

 

[praveen taneja]

guys nifty is coming out of a falling wedge pattern in daily ...... remember this fall to 3800 from 6300 came from a rising wedge.Personally just in breakeven this week after todays market crusaded my yesterdays puts ...

yes its my all puts too n gave me net loss of 17k