Nifty : Real time discussions...!

[SavantGarde]

Exit of 2 more @ 5466

SG

 

[SavantGarde]

Rest have kept @ 5476.30 or else will be C/F..... due to the margin of safety already built-in from earlier exits...

SG

 

[EagleOne]

MSA, kya kiya?

 

[SavantGarde]

C/F 3 Lots original entry @ 5438

SG

 

[SavantGarde]

Go through the initial entry @ 5438....trailing exit of 1 lot @ 5456 thereafter subsequent exits..... You will find there is a method to this chaos.....should be useful for those trading multiple lots.... only thing... I wasn't able to show re-entry..
After the initial Trailing Exit @ 5456 because NF didn't come down..... to where I would have perhaps exited 6 more lots... and re-entered

SG

 

[timepass]

So, the Senate is going to comply with the debt vote?? Maybe bring some green in the markets tomorrow.

 

[SavantGarde]

It is a game played by Plutocrats.....therefore it is not all surprising that it comes down to the wire....

SG

So, the Senate is going to comply with the debt vote?? Maybe bring some green in the markets tomorrow.

 

[msa5678]

MSA, kya kiya?

Unsure about tomorrow, closed existing positions , waiting for freah entries tmrw.

 

[SavantGarde]

To illustrate exactly how it was all done.... for ease of understanding will not include the deductibles such as brokerage and etc.

10 Lots Entry @ 5438
1 Lot Trailing Exit @ 5456
2 Lots @ 5472
2 Lots @ 5470.60
2 Lots @ 5466

Average exit of the 7 Lots works out to 5467.60 thus giving a total of 207.20 on the exits....

207.20/3 Lots in hand gives a safety of approximately 69 points or 3450/- in rupee terms only from the Points earned from the exits..... here I haven't taken into consideration the MTM for the balance of 3 Lots in Hand.....which adds that extra advantage besides the 69 points.

SG

Go through the initial entry @ 5438....trailing exit of 1 lot @ 5456 thereafter subsequent exits..... You will find there is a method to this chaos.....should be useful for those trading multiple lots.... only thing... I wasn't able to show re-entry..
After the initial Trailing Exit @ 5456 because NF didn't come down..... to where I would have perhaps exited 6 more lots... and re-entered

SG

 

[trader.trends]

SG, Where were your stops?