Playing since 2005 lost 13+3 lakhs

[HEM]

It is positional ..to me intraday (day trading ) is some thing that does not exist in reality ... It like darkness which in fact doesn't exist on its own .. Darkness is nothing but absence of light .. There is no such thing called day trading

................................................................................................
Stock72's this view i agree.It takes time to understand what he means
(i guess).........light NONEXISTENT = darkness.
Its the EOD bias ,or higher timeframe weekly price trend..........which dictates the intraday. Ofcourse some event based moneyflow actually possible .But key is weekly /daily trend........based on its behavior /arrival to support/resistance..............intraday price behavior shall happen(alone intraday trade NOT to be done as per his system)
Stock72's system is very robust...........his return tells.He plays leverage .......so his accuracy must be high.His todays call is valid(may be i also short in nifty....so is bias)
But his system faith & discipline to take trade is adorable.
Request him to put further light from HIS SYSTEM

Very successful equity intraday trader :- http://www.zerodha.com/z-connect/blog/view/Intraday-stock-trader-par-excellence


:clapping::clap::thumb:

 

[stock72]

Good morning. Suprised nifty +ve movement today ... atleast for today i was guessing nifty might be in very narrow range .. allas..a huge gap up ...
struggling to handling my positions now .. per system nifty shall end up with very minimum positive side today if not negative ..
if system wrong then need to close the postion with some losses...

 

[stock72]

CLOSED all position

Good morning. Suprised nifty +ve movement today ... atleast for today i was guessing nifty might be in very narrow range .. allas..a huge gap up ...
struggling to handling my positions now .. per system nifty shall end up with very minimum positive side today if not negative ..
if system wrong then need to close the postion with some losses...

 

[Cubt]

Re: Derivative strategies

Pls your tips not needed in this thread .. kindly delete it .. dont make the thread dirty ....

He would have thought that u r still loss, so he thought his tips might help u

 

[stock72]

planning to be long till friday ...

CLOSED all position

 

[stock72]

CLOSED all position

WTF... CLOSED TOO EARLY ...irrrrrrrrrrrrrrrrrrrrr

 

[Cubt]

Following the system is really ****in frustrating.....gggrrr... little hope now, position reversed...recovered fraction of loss...

I wish let this lead to another big fall!!

 

[Cubt]

Stock72,
What time frame do you use on nifty??

 

[stock72]

stock72,
what time frame do you use on nifty??

two to three days

 

[TraderRavi]

two to three days

:thumb::thumb::clapping: