Nifty Futures Trading

[Sunil]

by the way, this move from 4400 SPOT to 4450 SPOT was nothing but from S1 to Pivot...

one can go short here with tight SL, if LH, LL is to be believed

 

[debdeeps]

by the way, this move from 4400 SPOT to 4450 SPOT was nothing but from S1 to Pivot...

one can go short here with tight SL, if LH, LL is to be believed

I guess this is the effect of breaking the upper edge of the falling wedge.

 

[debdeeps]

And also 1-2-3 formation.

 

[lalpar]

Hi All on Traderji,

Here are the rules which I have fixed...I hope I have covered everything in this..Please let me know if you have any suggestions..
1) Before entering a trade the SL will be fixed
2) The SL will never be moved under any circumstances...Under ANY CIRCUMSTANCES
3) For Intraday SL will be 8 points or previous pivots and the aim of each trade will be to get 12 points
4) After 12 points, if trend favours,trailing stop loss will be used
5) For Positional Trading the SL will never exceed 100 points
6) Will be going for maximum 3 trades intraday if all are successful
7) Aim is to get 100 nifty points every week excluding brokerage
8) Will be trading with 1 lot and 2nd lot will be used only for support under crictical conditions
9) Ultimately will enjoy trading
10) and finally there wont be any emotions in any trade and will Keep Walking!!!

Will be starting paper trading from Monday after going through SAINT's docs again..Will keep updating here my positions..

Regards
Lalith

 

[praveen taneja]

Hi All on Traderji,

Here are the rules which I have fixed...I hope I have covered everything in this..Please let me know if you have any suggestions..
1) Before entering a trade the SL will be fixed
2) The SL will never be moved under any circumstances...Under ANY CIRCUMSTANCES
3) For Intraday SL will be 8 points or previous pivots and the aim of each trade will be to get 12 points
4) After 12 points, if trend favours,trailing stop loss will be used
5) For Positional Trading the SL will never exceed 100 points
6) Will be going for maximum 3 trades intraday if all are successful
7) Aim is to get 100 nifty points every week excluding brokerage
8) Will be trading with 1 lot and 2nd lot will be used only for support under crictical conditions
9) Ultimately will enjoy trading
10) and finally Keep Walking!!!

Will be starting paper trading from Monday after going through SAINT's docs again..Will keep updating here my positions..

Regards
Lalith

good i will also follow some of this rules like no more then 3 trade in intraday n max 100 points in nifty n then profit booking thnx keep on threads n active participations like this

 

[Czar]

Hi All on Traderji,

Here are the rules which I have fixed...I hope I have covered everything in this..Please let me know if you have any suggestions..
1) Before entering a trade the SL will be fixed
2) The SL will never be moved under any circumstances...Under ANY CIRCUMSTANCES
3) For Intraday SL will be 8 points or previous pivots and the aim of each trade will be to get 12 points
4) After 12 points, if trend favours,trailing stop loss will be used
5) For Positional Trading the SL will never exceed 100 points
6) Will be going for maximum 3 trades intraday if all are successful
7) Aim is to get 100 nifty points every week excluding brokerage
8) Will be trading with 1 lot and 2nd lot will be used only for support under crictical conditions
9) Ultimately will enjoy trading
10) and finally there wont be any emotions in any trade and will Keep Walking!!!

Will be starting paper trading from Monday after going through SAINT's docs again..Will keep updating here my positions..

Regards
Lalith

point no.8 - there should be no critical condition with stop losses, 2nd lot should be used to add on winning trade not average a losing one, IMO All the best

 

[lalpar]

point no.8 - there should be no critical condition with stop losses, 2nd lot should be used to add on winning trade not average a losing one, IMO

Yup..Got It ..Use 2nd lot to add to winning trade rather than a lososing one ..Thank u very much...

Cheers
Lalith

 

[praveen taneja]

point no.8 - there should be no critical condition with stop losses, 2nd lot should be used to add on winning trade not average a losing one, IMO All the best

gooooooooooooood thnx for ur nice advice

 

[rkripal]

9) Ultimately will enjoy trading

What a rule

 

[sikandar]

Hi All on Traderji,

Here are the rules which I have fixed...I hope I have covered everything in this..Please let me know if you have any suggestions..
1) Before entering a trade the SL will be fixed
2) The SL will never be moved under any circumstances...Under ANY CIRCUMSTANCES
3) For Intraday SL will be 8 points or previous pivots and the aim of each trade will be to get 12 points
4) After 12 points, if trend favours,trailing stop loss will be used
5) For Positional Trading the SL will never exceed 100 points
6) Will be going for maximum 3 trades intraday if all are successful
7) Aim is to get 100 nifty points every week excluding brokerage
8) Will be trading with 1 lot and 2nd lot will be used only for support under crictical conditions
9) Ultimately will enjoy trading
10) and finally there wont be any emotions in any trade and will Keep Walking!!!

Will be starting paper trading from Monday after going through SAINT's docs again..Will keep updating here my positions..

Regards
Lalith

Thanks
Where is Entry & Exit rules?