Nifty Intraday Trading

#82
After the longs got triggered, another sell trade got generated, and all the targets got achieved...but since taking one trade per day so will not mention the short trade here...

After some good winning days got a losing day with stops getting triggered...will update the trades in the evening with points lost...
 

Option.Trader

Well-Known Member
#83
I think either u don't want to read the post, or u don't try to read the post, or u just want to poke into my thread...
I was comparing notes, I had longs @6285, but had a double cover (ess shorts) at 6280 and rode the wave, was just thinking about your initial rules of not keeping a hard stop loss, today's trade, it would have been very difficult to get out unless you were glued to screen to get out of longs
 
#84
I was comparing notes, I had longs @6285, but had a double cover (ess shorts) at 6280 and rode the wave, was just thinking about your initial rules of not keeping a hard stop loss, today's trade, it would have been very difficult to get out unless you were glued to screen to get out of longs
Hello OT,
My stops are hard stops...I have just told not to place the stops as many times it spikes out ur stop...but only some time the market bangs down the stops otherwise u get an option to get out...mkt howers around the same rate and its easy to get out even at higher rates on pull back...it was just an opinion to safe guard the spikes...we can place the stops also...but if u are doing intraday than u should better be glued to the screen till u are out of the trade, u cannot take intraday casually...
 

Option.Trader

Well-Known Member
#85
Hello OT,
My stops are hard stops...I have just told not to place the stops as many times it spikes out ur stop...but only some time the market bangs down the stops otherwise u get an option to get out...mkt howers around the same rate and its easy to get out even at higher rates on pull back...it was just an opinion to safe guard the spikes...we can place the stops also...but if u are doing intraday than u should better be glued to the screen till u are out of the trade, u cannot take intraday casually...
I thought all your calls are intraday, I understand your point on spikes, but I guess that's a necessary evil to protect capital. If you even took off your eyes at 11:40, the next pip was almost 20 points down. You lose some and win some, important thing is to not lose your shirt over a trade
 

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