Swing Delivery Trading

[rajputz]

Did some trades today...Overall profit was not much for amount of trading done....couldnt update cause of slow internet connection at my end. Will be changing my connection tomorrow so things will be better....Trades done were....

HDFCBANK Sell 2387.50 Bought at 2369
Jindalstel Sell 713.60 Bought at 714.75
Apil Sell 794 Bought at 791
Siemens sold at 737.60 Bought at 834.20
HCC sell at 62.75 bought at 64
Idea bought at 68.30 sold at 68.90

Open poistion 2 lots nifty at 6295.25

Updated trade history sheet: -

 

[gauharjk]

Titan rose 200+ points in 1 hour. I was short Titan. Couldn't exit. It sucks. The market is negative... But Titan is still rising.

 

[rajputz]

Titan rose 200+ points in 1 hour. I was short Titan. Couldn't exit. It sucks. The market is negative... But Titan is still rising.

I told you so.

Well guys i am trading little and couldnt update cause of very tight schedule as my exams are also approaching. Will update soon with the trades. I sold some puts. One out of them covered of IFCI.

 

[$ashpats$]

Hey Rajputz
I had bought DLF Futures. Results awaited today.
Is it right to go long.

AshPats :clap:

 

[$ashpats$]

Titan rose 200+ points in 1 hour. I was short Titan. Couldn't exit. It sucks. The market is negative... But Titan is still rising.

Gauhar
Sorry for your loss.
Where you had taken this chart from.

AshPats

 

[gauharjk]

Gauhar
Sorry for your loss.
Where you had taken this chart from.

AshPats

The chart is from Google Finance. The final chart stands as below...

My broker squared off Titan futures @ 4200. I can't believe what happened. Lost a lot of money. Can never trade in Futures now... no equity left.

 

[rajputz]

Hey Rajputz
I had bought DLF Futures. Results awaited today.
Is it right to go long.

AshPats :clap:

If it gives another down day u should exit. cause closing above 365 is above for further upmove...the prediction is according to stock price.

 

[$ashpats$]

The chart is from Google Finance. The final chart stands as below...


My broker squared off Titan futures @ 4200. I can't believe what happened. Lost a lot of money. Can never trade in Futures now... no equity left.

Dear
Sorry for the loss - This is futures world. No one knows what's the future.
You can expect it to be in this or that way but can't guarantee it.

Dialogue from Movie - Wall Street Money Never Sleeps
Money is like woman. She lies in bed at night next to you......
looking at you, with one eye open.
Money is a biiiiiiitch that never sleeps.
She is jealous, & if you do not pay close attention,
you will wake up and she's gone


Note - Please dnt take my views personally. They are just my views.

AshPats

 

[rajputz]

The chart is from Google Finance. The final chart stands as below...



My broker squared off Titan futures @ 4200. I can't believe what happened. Lost a lot of money. Can never trade in Futures now... no equity left.

I gave you the stoploss also. Hope you have followed it.

 

[MindlessTrader]

Hi guharjk

Even i failed to mention but i have two lots of 6200 PE taken at 53.35 in mahurat trading. Just a small risk that i am willing to take...

And as far future is concerned i am also bearish, although the signals made on my system are bullish. But little understanding can save from big loss atleast.

Titan is highly bullish on daily and weekly charts. So keep a stoploss on daily basis as 3890, so that if you are wrong it might not hurt alot.

And wid my time and very little experience in market, never ever estimate that it has risen by this much from this level and profit booking may occur. You can see that titan itself is example. for other example of such shares is albk, sbin, which broke alltime highs and kept moving. So look for the sign of weakness. Even if you are right with your pick, then also a systematic entry with loss is good then entry giving profit based on assumption.

ya...you mentioned it...