Nifty : Real time discussions...!

[trader.trends]

Linkon: For me trading a breakout is easier in either direction but somehow I hesitate to trade fades. I guess it needs more confidence, better understanding of the market to trade fades. Now I did not trade the break of 5596 as I have had my trades for the day. But fading it wold have given 10 points.

I have seen you trade fades innumerable times and admired you for it. Often I have been on the other side of the trade and thinking Linkon se kyon panga liya?

 

[timepass]

Now, what's the good news? Why are the markets going up sharply ? Europe, ok I can understand pullback after yesterday's big downside.. what about our markets?

 

[trader.trends]

Arrrrrrrrrrrrh! I trade the range today and get beaten up. Don't take the break of range and it moves away!! How much more amateur can it get??

 

[Smart_trade]

Nifty Futures on steroids...........

Smart_trade

 

[trader.trends]

Nifty Futures on steroids...........

Smart_trade

And I am on drips for the day.

 

[linkon7]

Linkon: For me trading a breakout is easier in either direction but somehow I hesitate to trade fades. I guess it needs more confidence, better understanding of the market to trade fades. Now I did not trade the break of 5596 as I have had my trades for the day. But fading it wold have given 10 points.

I have seen you trade fades innumerable times and admired you for it. Often I have been on the other side of the trade and thinking Linkon se kyon panga liya?

Break out / break down trades are more risky than fading trades. BO/BD is high risk high return trades. Here idea is to watch volumes during break out and if the stop loss is kept tight then more often market will take out the sl before moving in the desired direction. If the sl is kept wide, then trader has to know when the BO / BD was a fake and reverse his positions as soon as possible.

Most of the time, a failed BO/BD is a good dependable pattern as many traders are caught on extreame level and they add to the pressure as and when they panic and exit or their sl gets taken. Thats my fav fade trade as thats when there is enough pain on one side of the market.

 

[linkon7]

http://www.youtube.com/watch?v=-QmDSQs96jY

 

[ranger123]

Hello,

I has done small profit yesterday by sell pair trading. But today I lose very much becuse the nifty index shuot up in one hour and I lose my sell pair. I loset 9 Rupees for 8 lots. This is a big lose for me. I thinking that earlier I was posting lives trades so I lost money, but today I am not lives on the TJ but also I lose my money. I now has to learnt new way to profit and not only do the selling pair of options.

Thank you and best of luck.

 

[trader.trends]

Today's grinding range 5630-5650?? Holding long at 5627( yesterday).

 

[vssoma]

Hello,

I has done small profit yesterday by sell pair trading. But today I lose very much becuse the nifty index shuot up in one hour and I lose my sell pair. I loset 9 Rupees for 8 lots. This is a big lose for me. I thinking that earlier I was posting lives trades so I lost money, but today I am not lives on the TJ but also I lose my money. I now has to learnt new way to profit and not only do the selling pair of options.

Thank you and best of luck.

dear,
sorry to suggest publicly...but i can't resist.....you have to learn new and good way of trading....there is no way to get direct profits, without good and systematic trading. if you start trading with good effort to learn it...it'll take care of your profits.