Stock FUTURES To Keep A Close Eye On

[Prashant Patel]

Okay...PP....Trade with Lot sizes that are not very big.... between 250-1000 Lot size...!!!

As a trader... irrespective of the cues....we wait for the market to settle down before deciding.....what to do....therefore first 10-15 minutes of the market should be out of bounds...!!!

SG

SG,
You are right, but then there's a MONSTER within you 'FEAR'....
Fear of being loosing....

 

[SavantGarde]

When you catch a 8000 pound whale......it is bound to get you....that is why I suggested Trade in Futures of smaller Lot sizes...!!!

SG

SG,
You are right, but then there's a MONSTER within you 'FEAR'....
Fear of being loosing....

 

[luvmalik]

Malik.... noticed since yesterday ...you've been asking about IGL....any particular interest in the Scrip or it's Future....

SG

savant sir, was just curious as to why such a big fall

 

[SavantGarde]

PP...check the Quadra thread...had posted a chart last night of IFCI.....which meant the MAs well aligned... just that entry price is above the High of the Bar...!!!

SG

 

[SexyTrader]

Today....

SHORTING Ranbaxy(Fut) ....this is really cool :thumb:

 

[SavantGarde]

Malik...feeling adventurous.....BUY JPASSOCIAT 90 CE @ 1.45-1.50

SG

 

[Aarav11]

Aarav,

Anyways whatever your answer would be to my earlier post......!!!

You are exhibiting classic fear psychosis of a Trader who has lost lots of money in the past.....it is quite common to come across this sort of behavioural pattern among traders.....!!!

You are under capitalised to trade any stock futures....even 75k isn't good money management for taking 1 Lot of NF on EOD basis....!!!

Considering you trade only when you have some time to spare....This is what I would suggest....to get you over your trading fears.......this exercise will be for maximum of 1-3 months & will need you to spare only 3 minutes...in the morning when the market opens.....!!!

If you are agreeable then I shall further outline the details....!!!

SG

Hi SG,

Regarding Capital, i can increase it to 1.5 lakh max.

i will definitely do as you tell me to do for sure.

Regarding SL, well i Keep SL as some number which is fine but EXIT is the real problem. because of this whenever a position goes into positive then negative then again positive i come out. or My position goes into Negative then positive i come out with small profit. So SL is followed but profit booking is very small which hurts.

Overall i lost 25K though it look small but the thing is if i keep doing what i do then i will never be in profit which is the main thing.

Please tell me what i need to do and i will definitely follow whatever you tell me to do.

Regarding the tools i used to trading

SOftware - AMIBROKER
BROKER - ZERODHA
RTDATA- MANSHIRT

Please also tell me if i need to change any thing mentioned above like my capital or software etc.

Thanks for ur help.

Looking forward to ur reply.

 

[sudris]

Malik...feeling adventurous.....BUY JPASSOCIAT 90 CE @ 1.45-1.50

SG

SG your views on IDFC pls

 

[SavantGarde]

Thanks for the reply...Aarav....will discuss the details in the evening....!!!

SG

Hi SG,

Regarding Capital, i can increase it to 1.5 lakh max.

i will definitely do as you tell me to do for sure.

Regarding SL, well i Keep SL as some number which is fine but EXIT is the real problem. because of this whenever a position goes into positive then negative then again positive i come out. or My position goes into Negative then positive i come out with small profit. So SL is followed but profit booking is very small which hurts.

Overall i lost 25K though it look small but the thing is if i keep doing what i do then i will never be in profit which is the main thing.

Please tell me what i need to do and i will definitely follow whatever you tell me to do.

Regarding the tools i used to trading

SOftware - AMIBROKER
BROKER - ZERODHA
RTDATA- MANSHIRT

Please also tell me if i need to change any thing mentioned above like my capital or software etc.

Thanks for ur help.

Looking forward to ur reply.

 

[SavantGarde]

Sudris...not tracking IDFC..today...lots of frontlines are looking good....therefore left IDFC for now...

SG

SG your views on IDFC pls