Nifty Intraday Trading

[trading4realprofits]

Did not want to put any rules here as no one is interested, but since I will post real time trades so thought to put down the rules so that even if one member is interested, he should not be in loss by following it incorrectly...

 

[starscream]

Did not want to put any rules here as no one is interested, but since I will post real time trades so thought to put down the rules so that even if one member is interested, he should not be in loss by following it incorrectly...

Why are u saying so. Please continue with your thread . Lot of silent followers may be listening

 

[trading4realprofits]

So here goes the rules...

RULES TO FOLLOW
1)NEVER TAKE ANY TRADE BEFORE 9:30, WHAT EVER IT MAY HAPPEN...

2)NEVER RUN AFTER A TRADE IF U MISSED IT...LEAVE IT FOR THE DAY AND FORGET ABOUT IT...

3)IF THE FIRST TRADE GOES INTO A LOSS NEVER GO FOR THE NEXT TRADE,BUT IF THE FIRST TRADE IS IN PROFIT THEN GO IN FOR THE NEXT TRADE.

4)ALWAYS TRY TO TRADE IN WITH THREE LOTS AND BOOK EACH LOT AT THE RESPECTIVE TARGETS...

5)NEVER PUT A STOPLOSS...MANY TIMES IT GETS TRIGGERED...KEEP IT IN MIND, WHEN U FIND THAT THE MARKET IS MOVING TOWARDS IT, GET IN ALERT POSITION AND EXIT...

6)ALWAYS BOOK OUT AT 3:25 IF YOU ARE NOT COMPLETELY OUT...SOMETIMES U CAN FIND UNUSUAL BAR AROUND 3:15 TO 3:25...EXIT...

7)AVOID TRADING ON POLICY DAYS OR ANY BIG EVENT DAY.

8)NEVER CARRY FORWARD THE TRADES FOR THE NEXT DAY. THESE ARE INTRADAY TRADES AND IT SHOULD BE BOOKED AT THE END OF THE DAY.

 

[trading4realprofits]

Friends, will be posting live trades from tomorrow...

Please,please,please, follow the rules, MM and leave out Fear and Greed...I am repeatedly saying this coz this is not a Holy Grail...even it will get stopped out on days, so try to trade with proper Money management, if u have less fund don't risk with more lots try to trade with 1-2 lots and book at the respective targets or trail ur stops...

If u have less capital go in for options, ATM will be a good option trade, but just after expiry and as the new series begins, it may be quite expensive...in that case go in for OTM also...but always book out at targets so that u don't lose what u have gained...

And as the DISCLAIMER: Trade at your own risk. I will not be responsible for any loss that you make in any trades.

 

[trading4realprofits]

Today's Trade generated are as follows:

LONGS @ 6277
STOPS @ 6258

Avoid taking longs as market has opened beyond the buy entry so will not take any long trade today...Its over for the day, ya if market reverses to shorts will go for a short trade...

Will update as the trade gets generated...

 

[trading4realprofits]

Shorts trade generated is as follows:
SHORTS @ 6254
STOPS @ 6272

Take entry only after 9:30...
Will update the targets as soon as the shorts gets triggered...

 

[trading4realprofits]

So, no LONGS for the day, take only SHORT trade...

 

[starscream]

Waiting for your short trigger now ! ( have already shorted at 6170)

 

[Atulperx]

Best of luck for live trades posting.

 

[trading4realprofits]

Waiting for your short trigger now ! ( have already shorted at 6170)

The abv were my safe entry starscream...
My risky entry is shorts @ 6281 with a stop of 6300, but its risky...and I am not putting that , have been putting safe entry till now,so did not mention this entry earlier...