Nifty intraday trading a complete new approach

[1stInvest]

Hi

I will be positing daily 1 or 2 calls in Nifty future for day trading since Monday

My strategy is Daily make 15 points in Nifty (Gross Profit)
Net Profit 12 to 13 points after brokerage, Such 1 or 2 calls in day

Out of 20 trading day even if we are to make 150 points Gross profit or 120 points net profit on 2 lots by investing Rs. 50000/-

We would earn Rs. 12000/- per month more then 20% return

i.e every 5 to 6 months your capital grow by 100%, then why makes to run behind 50 to 100 points gain in single trade or keep us trading through out the day trying to catch every up and down move.......

 

[akhill]

Once you are on the table, chips are different there.

 

[1stInvest]

sell NIFTY 5637

 

[1stInvest]

Sell NIFTY 5637 Stop loss 5645 Target 5622

 

[1stInvest]

Exit short and buy Nifty 5638

 

[1stInvest]

Exit short and Buy Nifty 5638 stop loss 5626 target 5663

 

[1stInvest]

NIFTY rose 15 points from our Buy level, made high of 5654.9, we were looking for 25 points...now at cost 5638, exit at cost

 

[akhill]

you better have a trialing stop loss

 

[1stInvest]

you better have a trialing stop loss

After 15 pts we have kept trailing stop loss at cost, which triggered hence gave exit message. Trailing stop loss was not posted here, trailing stop loss post may increase no. of post, hence will post exit message if trailing stop loss is triggered

 

[smartrader]

Request you to elaborate on what method you are employing on generating buy/ sell call.