Trading in Whisky's Style-It's an addiction

[whisky]

This time long on Axis Bank Futr at 1090.40 for a target of 1097:thumb:.
SL-1085

 

[whisky]

This time long on Axis Bank Futr at 1090.40 for a target of 1097:thumb:.
SL-1085

Booked Profit @ 1095.85:yahoo:

 

[whisky]

Bought Infy Futr @ 3070.80 for a target of 3081:thumb:

 

[whisky]

Bought Infy Futr @ 3070.80 for a target of 3081:thumb:

Infy got stuck, not moving much:annoyed:

 

[whisky]

Bought Infy Futr @ 3070.80 for a target of 3081:thumb:

Booked Profit 3079.20:thumb:

 

[whisky]

What a day :rofl::rofl::rofl: Such a movement and such a trade never experienced in Nifty & Bank Nifty, movement was so fast in execution couldn't update my trade on TJ.:rofl::rofl:

I think Market was truly celebrating Independence day:thumb:

 

[whisky]

EOD-My Learnings & Rules (I will keep on adding to it, to have one list)

R1- Book profit if price come close to your target, don't wait for exact rate.
R2- Taking quick action is the key in trading
R3- Stop trading for the day,if already got good profit for the day, don't be over confident
R4- Don't trade in a particular scrip/index if you are not confident about the move. It's better not to trade rather than trading wrong.
R5- Don't trade if risk reward ratio is not favorable.
R6- Ready with your trading action plan in advance. Market timings are for action not for planning, one miss can be a big loss.

L1- Keep a stop loss or a close watch, if your trade move confirmed in negative direction, take exit immediately.
L2- Focus on trade, opportunity can come at any time, don't miss trading opportunity, even a small opportunity can pay you big.
L3- Don't regret if you miss the opportunity, wait for the right one to enter.
L4- Trade patiently, quality of trade matters not the frequency/numbers.
L5- Stop trading for the day,if your most of trades are resulting negative for you. Remember, everyday is not your day.

:cheers:

 

[escape]

EOD-My Learnings & Rules (I will keep on adding to it, to have one list)

R1- Book profit if price come close to your target, don't wait for exact rate.
R2- Taking quick action is the key in trading
R3- Stop trading for the day,if already got good profit for the day, don't be over confident
R4- Don't trade in a particular scrip/index if you are not confident about the move. It's better not to trade rather than trading wrong.
R5- Don't trade if risk reward ratio is not favorable.
R6- Ready with your trading action plan in advance. Market timings are for action not for planning, one miss can be a big loss.

L1- Keep a stop loss or a close watch, if your trade move confirmed in negative direction, take exit immediately.
L2- Focus on trade, opportunity can come at any time, don't miss trading opportunity, even a small opportunity can pay you big.
L3- Don't regret if you miss the opportunity, wait for the right one to enter.
L4- Trade patiently, quality of trade matters not the frequency/numbers.
L5- Stop trading for the day,if your most of trades are resulting negative for you. Remember, everyday is not your day.

:cheers:

It is not actually "Big Loss", just "Opportunity Loss".

Happy Trading.

Regards,
Escape

 

[whisky]

It is not actually "Big Loss", just "Opportunity Loss".

Happy Trading.

Regards,
Escape

Thanks Escape Bro, Actually I was about to write opportunity loss but then I again thought, any position already in hand & miss in action can be big loss with big position in hand. Anyway will add both that make sense.:thumb:

 

[whisky]

Till InfyFutr Crosses 3100, my strategy is to buy on dips and reverse strategy for AxisBank sell on rise till breaks 1100.:thumb:

Let's see what works