Stock FUTURES To Keep A Close Eye On

[SavantGarde]

hi friends
i am new to stock trading and to this forum as well
hope you guys help me in understanding stock market

How about some details on your Trading activity for last couple of months...if possible....!!!

SG

 

[SavantGarde]

'JAI BABA'​

Stock Futures (Positional) For 18th April 2012

NEW BUY / SELL TRIGGERS

____________________________________________
NAME		 CMP	SIGNAL    S/L	TARGET	 
_____________________________________________

CENTRALBK	 104.00	[COLOR="Blue"]BUY[/COLOR]	 101.60	 106.40

HINDOILEXP	 132.55	[COLOR="blue"]BUY[/COLOR]	 122.85	 142.25

SBIN       	2304.30	[COLOR="blue"]BUY[/COLOR]	2197.75	2410.85

______________________________________________

FOLLOW-UP & UPDATE
** In The Target Column Denotes Target Achieved
* Single Asterisk in The Target Column Denotes New Target

______________________________________________
NAME		 CMP	SIGNAL	S/L	TARGET
______________________________________________
______________________________________________
Triggered On 16/04/2012 @126.40 Lot Size:2000
______________________________________________
AUROPHARMA	 128.90	[COLOR="Blue"]B.HOLD[/COLOR]	 117.85	 137.40
______________________________________________
Triggered On 16/04/2012 @803.10 Lot Size:250
______________________________________________
SIEMENS		 812.95	[COLOR="blue"]B.HOLD[/COLOR]	 788.20	 821.05
______________________________________________
Triggered On 16/04/2012 @113.15 Lot Size:2000
______________________________________________
SYNDIBANK	 111.95	[COLOR="blue"]B.HOLD[/COLOR]	 111.60	 115.65
______________________________________________
Triggered On 16/04/2012 @61.90 Lot Size:4000
______________________________________________
VIJAYABANK	  61.55	[COLOR="blue"]B.HOLD[/COLOR]	  60.60	  64.35
______________________________________________
Triggered On 12/04/2012 @82.25 Lot Size:2000
______________________________________________
CHAMBLFERT	  80.60	[COLOR="Blue"]B.HOLD[/COLOR]	  82.10	  85.35
______________________________________________
Triggered On 12/04/2012 @567.50 Lot Size:500
______________________________________________
KOTAKBANK	 582.10	[COLOR="blue"]B.HOLD[/COLOR]	 563.15	 582.70**  600.30*
______________________________________________
Triggered On 12/04/2012 @84.80 Lot Size:4000
______________________________________________
UCOBANK		  84.80	[COLOR="blue"]B.HOLD[/COLOR]	  82.75	  88.40
______________________________________________

______________________________________________

All CMP & S/L Mentioned Are Based On Spot Prices, Therefore Adjust Stock Future Prices Accordingly.

Traders Are Free To Make Their Own Judgement About Entry,S/Ls & Exits Because Things Can Change Very Fast During The Market Hours.

For Stock Futures Segment It Is Not Advisable To Trade If You Have Less Than 4-5 Lacs In Your Ledger,



IMPORTANT: Once In Decent Profit Keep Adjusting The S/L At A Discreet Distance Or Little Below Previous Days LOW For Long Positions & Similarly Little Above Previous Days HIGH For Short Position

Happy & Safer Trading

SG

 

[ayush2020]

'JAI BABA'​

Stock Futures (Positional) For 18th April 2012

NEW BUY / SELL TRIGGERS

____________________________________________
NAME		 CMP	SIGNAL    S/L	TARGET	 
_____________________________________________

CENTRALBK	 104.00	[COLOR="Blue"]BUY[/COLOR]	 101.60	 106.40

HINDOILEXP	 132.55	[COLOR="blue"]BUY[/COLOR]	 122.85	 142.25

SBIN       	2304.30	[COLOR="blue"]BUY[/COLOR]	2197.75	2410.85

______________________________________________

FOLLOW-UP & UPDATE
** In The Target Column Denotes Target Achieved
* Single Asterisk in The Target Column Denotes New Target

______________________________________________
NAME		 CMP	SIGNAL	S/L	TARGET
______________________________________________
______________________________________________
Triggered On 16/04/2012 @126.40 Lot Size:2000
______________________________________________
AUROPHARMA	 128.90	[COLOR="Blue"]B.HOLD[/COLOR]	 117.85	 137.40
______________________________________________
Triggered On 16/04/2012 @803.10 Lot Size:250
______________________________________________
SIEMENS		 812.95	[COLOR="blue"]B.HOLD[/COLOR]	 788.20	 821.05
______________________________________________
Triggered On 16/04/2012 @113.15 Lot Size:2000
______________________________________________
SYNDIBANK	 111.95	[COLOR="blue"]B.HOLD[/COLOR]	 111.60	 115.65
______________________________________________
Triggered On 16/04/2012 @61.90 Lot Size:4000
______________________________________________
VIJAYABANK	  61.55	[COLOR="blue"]B.HOLD[/COLOR]	  60.60	  64.35
______________________________________________
Triggered On 12/04/2012 @82.25 Lot Size:2000
______________________________________________
CHAMBLFERT	  80.60	[COLOR="Blue"]B.HOLD[/COLOR]	  82.10	  85.35
______________________________________________
Triggered On 12/04/2012 @567.50 Lot Size:500
______________________________________________
KOTAKBANK	 582.10	[COLOR="blue"]B.HOLD[/COLOR]	 563.15	 582.70**  600.30*
______________________________________________
Triggered On 12/04/2012 @84.80 Lot Size:4000
______________________________________________
UCOBANK		  84.80	[COLOR="blue"]B.HOLD[/COLOR]	  82.75	  88.40
______________________________________________

______________________________________________

All CMP & S/L Mentioned Are Based On Spot Prices, Therefore Adjust Stock Future Prices Accordingly.

Traders Are Free To Make Their Own Judgement About Entry,S/Ls & Exits Because Things Can Change Very Fast During The Market Hours.

For Stock Futures Segment It Is Not Advisable To Trade If You Have Less Than 4-5 Lacs In Your Ledger,



IMPORTANT: Once In Decent Profit Keep Adjusting The S/L At A Discreet Distance Or Little Below Previous Days LOW For Long Positions & Similarly Little Above Previous Days HIGH For Short Position

Happy & Safer Trading

SG

SG sir it may be out of topic... want to know what is the difference between a trader and an analyst ??

 

[SavantGarde]

Ayush,

Did you have to quote the Trigger & Update post to ask this question...!!!

First you tell me ...what is the difference between a Circus & Brothel....

SG

SG sir it may be out of topic... want to know what is the difference between a trader and an analyst ??

 

[ayush2020]

Ayush,

Did you have to quote the Trigger & Update post to ask this question...!!!

First you tell me ...what is the difference between a Circus & Brothel....

SG

in circus we found trained animals.... and next one is trained _____....

 

[sanjuasrani]

SG,

just 1 more platitude.........

the learning you give is tremendous, the way you are sharing your experience is mind boggling, what to say.........

if only everybody follows you, where will we be ???????????

rgds,
SA:clapping:

 

[luvmalik]

will enter centralbk tom

 

[adityasaraf007]

Hi Sunil,

Most things that I practice for trading which will normally get frowned upon......it is understandable...because for me whatever I do comes from past real life experience.... and mistakes committed are really something that I am quite unforgiving on myself...then it becomes an obsession what could I have done differently ..so that the mistake didn't happen....that is how I have learnt most things in life.....!!!

Since I don't own & haven't read a book on Trading...though a Van Tharp's E-Book was sent by email by a very close friend.... seriously did try to read it ...but each time got only as far as about 28 odd pages only... and now even If I have the inclination to read it from cover to cover.....I don't know which computer the e-book was stored on.....Ofcourse I could always search the email and download it again....

Question of selling the first MNF bought at 5307 was never never anywhere on my mind when the drop started..........Why????

Because If I have deployed only on 1 lot of MNF out of total of 4 lots...and the Market Structure remained intact... my only thought was at what price to deploy the 2nd lot of MNF.... in hindsight.... I am not happy that the second lot was bought @ 5228 when we saw NF drop below 5200...I would have been happy with myself.... if the 2nd Lot was bought around...5203....That's how unforgiving I am on myself....

I will also learn new things... while Aarav conquers his devils.....!!!

SG

Yes... Sunil...I did understand what you meant....!!!

I must say... my mind has always worked better under pressure....!!!

Here is an example.....!!!

I buy something at 100 thinking it will go to 103-105 but it it goes down to 98.50 at which point I have a mental S/L of about 97 but something happens...and it drops like a stone past my mental S/L to 93 at which point most Traders are sweating and sell at much lower price than they would have normally....This is the point where my mind gets into top gear... although it jumped my mental S/L by a huge margin.... what do I do... instead of selling I buy at 93 and wait for some pullback.... to around 96 to exit the one bought @93 so... at this point I am sitting on a 3 buck profit for the one entered at 93 and if I see another buck up to say 97 I sell the first entry for a loss of 3 what is the net result.....break even without the Brokerage & Taxes....!!!

This works... everytime.....just that our mind should never freeze up when the price does something unexpected......most Traders that I have come across....just remain frozen watching with a blank look at the screen....believe me at that time there is no limb movement either....!!!

SG

Hi Amit,

In one of the earlier posts I mentioned.... things I do will normally be frowned upon.....!!!

Why does everyone go around saying S/L is a must....Let me tell you the conclusion that I have arrived at... it is from reading Trading Books....!!!

For me I regard the Market as a battleground.... I am NOT going to put a S/L in the system.... where my Helmet peeks out from where I maybe hiding ...that just compromises my location... that is exactly what a S/L is.... it has been fed into the minds of new Traders..by whom.... think about it...sometime....!!!

I have seen software by small group of HNI who could see every S/L in the system.....!!!

Even if I have to keep a S/L in the system..it will always be away from from the herd...where the smart money will not feel, it is worthwhile going down so much to take a few of the guys out....!!!

S/L should placed as described above... Position Sizing is what makes one avoid putting a S/L... it is quite a bit of writing to describe what I am talking about...perhaps in a few weeks I shall illustrate it...!!!

At the end of day my Trading practices are only as good as my Ledger....and that I think will bear out my Trading Practice compared to anybody anywhere....!!!

SG

I just cannot agree more about it.... I can vouch 100% for whatever is quoted above..... Obviously, this wouldn't go well with many of the most experienced and senior traders as well.....

I have never put any SL on my trades except for two occasions..... First instance was when I started out trading, and had taken a position much larger than my trading capital... That initial SL was hit... Thereafter, I have always made it a point that I do not take such a large position for which I would have to put a SL..... And, second instance was when I had windfall profits (relative to my small capital)... and market was moving in my direction too fast and too furious... I kept a trailing SL and it got hit....

Other than these two, I don't remember any instance of me putting a SL in the system....

And the example given by Sushilji in his 2nd quote.... it's just perfect (atleast for me)...... Have observed such instances n number of times.... But the important thing is timing of that 2nd lot.... It has to be good, otherwise, it just ruins the whole strategy..... And, those who are worrying about Averaging a losing position, it's about averaging a position which still has potential to move in our desired direction..... If this isn't the case, averaging is a strict NO....

PS: I don't know if I have expressed myself clearly... Have just woken up... and still feeling sluggish......

 

[SavantGarde]

Earning from a Linear move is only the first Stage.....!!!

What if a system Triggers a Buy @100 and the same system indicates a Target of 110.....???????

Buying at 100 and waiting for 110 is what most would be happy with... BUT what if it doesn't arrive at its System Target of 110...... ????

What personally I try to achieve is......fine with Entry @100 but while it takes its time travelling towards 110 whether it reaches or not....atleast by the time price has Travelled to 105-106 ......I should have managed to extract atleast 11-12 bucks....by the time it arrives to 105-106.... Achieving this requires tons of screen time....one should aim for it if one is a Full time Trader......!!!

Extra profit not only creates additional Margin of Safety.... but also keeps our mind a little relaxed having worked & enjoyed that extraction of additional profit in a linear move of 5-6 bucks....!!!

If, one is puzzled & ends up scratching their head ...will be happy to demonstrate it with Live exercise of the same....!!!

SG

 

[mravi]

SG

These explanations are really giving comfort. Thanks for sharing your experiences. They are very valueble.

Also what you are sharing is goes hand in hand with amount of funds on keeps in his account. You keep advocating that one should have enough(2 to 4 lacs) ledger balance in his account. Now I can see the point.