Priyanvada's chit chat home ...

[priyanvada]

I have missed BOI small short ...

... check @:}-

 

[priyanvada]

BPCL is falling like Rockkkkkkkkkkkkkkkkkk

I have shorted 4 more!....14No.s 564 average short price........

Jai hooooooooooooooo..........

 

[vanram]

take out some profit in some and trail the balance

 

[priyanvada]

BPCL stoploss modified 555.55 (555.25 Trigger)
Sterlite Stoploss 740 now! (740.05 trigger)

BPCL is syat wasting my time ....

PS: - Booked BPCL 125 Rs. profit ! .... yyyoooooooo

 

[priyanvada]

Thanks Vanram for your kind suggestion!

 

[priyanvada]

Bharati Airtel Looks A Real Big Fish for going long latter part of the day! :thumb:

Bought Bharti 30 stocks @ 424.75 with stoploss 421.05 (Trig=420.15) .. hope it keeps rocking from now ...

PS: - syat I was wrong in bharati since it has touched upper resitance ... I have squared off ... and shorted HLL 30 No.s @ 256.31 (258 ST)... This was so late so I am not sure This will give me some profit ...

PS2: - Ranbaxy 3 short 333.15 ....

PS3:- Ranbaxy 3 Long now @ 335....

 

[BrokerJi]

Priya,
A friendly advice, please don't over-trade. From experience I believe if anybody involves in more than 3 different stocks in the same day than something has to be drastically right/wrong with the individual,his/her trading technique or that day.
Regards,
BJ

 

[priyanvada]

To todays Last 5 minute bet has made me 9Rs. loss to me ...

 

[priyanvada]

Priya,
A friendly advice, please don't over-trade. From experience I believe if anybody involves in more than 3 different stocks in the same day than something has to be drastically right/wrong with the individual,his/her trading technique or that day.
Regards,
BJ

Yea ... I am also feeling so that I traded too much ...

Still anyway ... I feel I am getting the understanding some good sense of the discipline needed for day trading ... Yesterday and today I put stop-losses to all my trades! ... modified them as needed!! ... This is so satisfying!
... i had no confidence that I can put stop loss and also trail a stop loss ... there was such a mental block (phobia) @ this ... and finally I achieved what I wanted ... the stop loss relieves so much insecure feeling inside me ...

... I don't think playing more than 3 stocks is foolish or ill practice ... It is subjective and depends on persons comfort level ... and I feel If I get disciplined enough I can play in 10 stocks a day without problem ... If one is having the capacity to put relaxed attention for whole day , then trading is such a mechanical thing! ,... there should not be ANY problem while playing more than 3 up to 10-12 stocks ...

... My system is still under development, script is not finalized yet! ... My mind needs all the answers to all if-else things for fear and greed in trading ... So I am still not 100% comfortable ... ... but stop loss has put down 65% tension from my brain ... Now entry problem is 60 -70 % solved and exit problem is 20-30 % solved ... Position sizing is still unsolved ... I am taking positions just on impulse ...

Priya,

... Only peoples over 50 years age call me priya ... So i hope you are more than 50 years old!

 

[BrokerJi]

Yea ... I am also feeling so that I traded too much ...



... Only peoples over 50 years age call me priya ... So i hope you are more than 50 years old!

:rofl: Yes I'll be there in couple of decades :clapping: but wasn't aware of such criteria Btw welcome to corporate, even a 21 year old new joinee should address his CEO as "Steeve" at My-Crow_soft ! :thumb:

Happy Trading
BJ