Nifty : Real time discussions...!

[linkon7]

http://www.selfcontrolfreak.com/slaan.html

sab ka halat kharab....!

try clicking his nose

 

[augubhai]

short@5583

 

[PGDIMES]

http://www.selfcontrolfreak.com/slaan.html

sab ka halat kharab....!

try clicking his nose

Done...

 

[trader.trends]

http://www.selfcontrolfreak.com/slaan.html

sab ka halat kharab....!

try clicking his nose

Wont be surprised if someone asks your for its AFL

 

[augubhai]

Exited @5576. Finally!!

 

[augubhai]

Summary of today's trades.

Charges for me is less than 2 points per trade

1. Short @ 5692.75, Exit @ 5688.9 = (5692.75-5688.9-2) = 1.85 points
2. Long @ 5688.9, Exit @ 5678.01 = (5678.01-5688.9-2) = -12.89 points
3. Short @ 5678.01, Exit @ 5598.68 = (5678.01-5598.68-2) = 79.33 points
4. Long @ 5598.68, Exit @ 5583.7 = (5583.7-5598.68-2) = -16.98 points
5. Short @ 5583.7, Exit @ 5590.81 = (5583.7-5590.81-2) = -9.11 points
6. Long @ 5590.81, Exit @ 5581.15 = (5581.15-5590.81-2) = -11.66 points
7. Short @ 5581.15, Exit @ 5593.55 = (5581.15-5593.55-2) = -14.4 points
8. Long @ 5593.55, Exit @ 5583.52 = (5583.52-5590.81-2) = -9.29 points
9. Short @ 5583.52, Exit @ 5575.55 = (5583.52-5575.55-2) = 5.97 points

Net 12.82 points

After seeeing all my morning profits evaporate in the range bound period, I have decided that if I have 2 consecutive losses, then I will only take the next trade if there is a break of the High or Low of the Loss periods.

 

[augubhai]

Also, have to seriously think about profit taking. Suggestions are welcome.

 

[vinodkiyer]

must not flip flop unnecessarily without reason and must use trailing stop, trade only in the direction of market bias, must have means to identify change in bias......

with these guidelines in mind, you can make use of a variety of studies to achieve same.

 

[linkon7]

Summary of today's trades.

Charges for me is less than 2 points per trade

1. Short @ 5692.75, Exit @ 5688.9 = (5692.75-5688.9-2) = 1.85 points
2. Long @ 5688.9, Exit @ 5678.01 = (5678.01-5688.9-2) = -12.89 points
3. Short @ 5678.01, Exit @ 5598.68 = (5678.01-5598.68-2) = 79.33 points
4. Long @ 5598.68, Exit @ 5583.7 = (5583.7-5598.68-2) = -16.98 points
5. Short @ 5583.7, Exit @ 5590.81 = (5583.7-5590.81-2) = -9.11 points
6. Long @ 5590.81, Exit @ 5581.15 = (5581.15-5590.81-2) = -11.66 points
7. Short @ 5581.15, Exit @ 5593.55 = (5581.15-5593.55-2) = -14.4 points
8. Long @ 5593.55, Exit @ 5583.52 = (5583.52-5590.81-2) = -9.29 points
9. Short @ 5583.52, Exit @ 5575.55 = (5583.52-5575.55-2) = 5.97 points

Net 12.82 points

After seeeing all my morning profits evaporate in the range bound period, I have decided that if I have 2 consecutive losses, then I will only take the next trade if there is a break of the High or Low of the Loss periods.

you are trading exactly like how I used to trade. One way forward is to filter your trades with a higher tf. if u follow 5 min tf, then use 30 min as filter.

Some of the trades are totally un-necessary. Identify support / resistance and see the trade location on the bigger tf chart.

Another thing u need to work on is ur exit.

When market is directionless, why follow a SAR based system when your system doesnt have adds. you loose more on whipsaws than u make on directional. When u get a directional move, then u have to incorporate adds as any SAR based system needs to make up what it lost in whipsaws. Only way to make up is to make hay while sun shines.

Plot all your trades on a 5 min chart and see for yourself if u managed to read the day well enough.

 

[ranger123]

Hello all,

Today at the moring today at 10;30 oclock, when the nifty index is at 5680 leval, I has make a buy pair of CE 5700 and PE 5700. I has the idea that the nifty is go on some direction (up side or down side) so I has take an buy pair positon.

I then has make good profit today as the nifty index fell very much. I cover my buy pair positon at 12;40 time so I has make a very good profit in the nifty felling today.

Thank you and best of luck for tomorrow to all.